NOT LISTED FOR SALE

Estimated Value: $2,549,270 - $2,885,000

2 Beds
2.5 Baths
3,088 Sq Ft
$2,936/mo HOA Fee

Last Sold October 14, 2022

Last sale price $2,400,000 $777 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $20,652/month

Highlights

  • Doorman
  • Ocean Front
  • Gated Community
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • 5-minute walk to South Beach Park

About This Home

As of October 2022

This home is located at 1 N Ocean Blvd Unit 506, Boca Raton, FL 33432 since 18 August 2022 and is currently estimated at $2,784,818, approximately $901 per square foot. This property was built in 2007. 1 N Ocean Blvd Unit 506 is a home located in Palm Beach County with nearby schools including J. C. Mitchell Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Last Agent to Sell the Property

Bonnie Heatzig

Compass Florida LLC License #3100407 Listed on: 08/18/2022

Compass Florida LLC

Last Buyer's Agent

Mary Mangines

Compass Florida LLC License #3268977

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,012

Year Built

  • Built in 2007

Lot Details

  • 1

HOA Fees

  • $2,936 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 3,088 Sq Ft Home
  • Wood Flooring
  • Ocean Views

Kitchen

  • Built-In Oven
  • Gas Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Balcony
  • Open Patio

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434721070005060

Community Details

Overview

  • Association fees include management, sewer, security, water
  • Meridian At One North Oce Subdivision
  • 5-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Game Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,012

Year Built

Built in 2007

Lot Details

0

HOA Fees

$2,936 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A AND PALMETTO PARK RD.
  • Year Built: 2007
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Closet Cabinetry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dishwasher, Gas Range, Ice Maker, Washer/Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wood
  • Living Area: 3088.0
  • Dining Room Type: Laundry
  • Stories: 5

Exterior Features

  • Exterior Features: Balcony
  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces

Utilities

  • Security: Door Man, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2936.0
  • Community Features: Game Room, Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Sewer, Security, Water

Lot Info

  • Parcel #: 06434721070005060
  • Lot Size: West of US-1
  • Zoning Description: R5/PUD

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 29012.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Sep 27, 2022
Sold by
Eckelkamp Susan E
Bought by
Klafter David and Klafter Melissa
Seller's Agent
Bonnie Heatzig
Compass Florida LLC
Buyer's Agent
Mary Mangines
Compass Florida LLC
List Price
$2,400,000
Sold Price
$2,400,000
Current Estimated Value
$2,784,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,818
Avg. Annual Appreciation
3.96%
Original Mortgage
$1,680,000
Outstanding Balance
$1,624,942
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$1,067,534

Purchase Details

Closed on
Jan 29, 2007
Sold by
One North Ocean Llc
Bought by
Eckelkamp Susan E
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Klafter David $2,400,000 --
Eckelkamp Susan E $2,700,000 Investors Realty Residential
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klafter David $1,680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $2,400,000 0.0% $777 / Sq Ft
10/14/2022 10/14/22 For Sale $2,400,000 -- $777 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $35,410 $2,066,000 -- --
2023 $35,710 $2,066,000 $0 $2,066,000
2022 $31,291 $1,731,299 $0 $0
2021 $29,012 $1,625,000 $0 $1,625,000
2020 $26,563 $1,500,000 $0 $1,500,000
2019 $25,485 $1,450,000 $0 $1,450,000
2018 $22,001 $1,300,000 $0 $1,300,000
2017 $19,623 $1,075,000 $0 $0
2016 $20,577 $1,100,000 $0 $0
2015 $19,759 $1,017,500 $0 $0
2014 $18,149 $925,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10839201

BeachesMLS

APN: 06-43-47-21-07-000-5060