NOT LISTED FOR SALE

1 Water Club Way Unit 602 North Palm Beach, FL 33408

Estimated Value: $1,551,835 - $1,792,000

2 Beds
2.5 Baths
1,959 Sq Ft
$1,181/mo HOA Fee

Last Sold December 21, 2020

Last sale price $1,000,000 $510 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $11,447/month

391 Days on Market

Highlights

  • Property has ocean access
  • Community Cabanas
  • Gated with Attendant
  • Property fronts an intracoastal waterway
  • Fitness Center
  • Clubhouse

About This Home

As of December 2020

THE NEWEST LUXURY DIRECT INTRACOASTAL CONDOMINIUM IN NORTH PALM BEACH. 2ND LARGEST FLOOR PLAN WITH MAGNIFICENT VIEWS. PRIVATE ELEVATOR TO YOUR UNIT, DESIGNER KITCHEN WITH JENN AIR APPLIANCES. CUSTOM BUILT-INS IN CLOSETS. HAVE YOUR COFFEE AND WATCH THE SUNRISE ON YOUR EAST PATIO IN THE MORNING. IN THE EVENING COCKTAILS ON YOUR WEST PATIO TO WATCH THE SUNSET. ALL IMPACT GLASS WINDOWS AND DOORS. 24 HOUR SECURITY AT THE MANNED GATE WITH ONSITE MANAGER. WALK IN RESORT STYLE POOL & JACUZZI. LAP POOL, FITNESS CLUB, FIRE PITS, GAME ROOM W/ BAR AND KITCHEN, SAUNA, DOG PARK, BOAT SLIPS FOR RENT AT MARINA. http://www.waterclubliving.com/north-palm

Last Agent to Sell the Property

Raymond McAlees

Premier Brokers International License #684480 Listed on: 10/26/2019

Co-Listed By

Rosita McAlees

Premier Brokers International License #3087420

Premier Brokers International

Last Buyer's Agent

Rosita McAlees

Premier Brokers International License #3087420

Premier Brokers International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,257

Year Built

  • Built in 2016

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $1,181 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Property Views

  • Intracoastal
  • Pool

Interior Spaces

  • 1,959 Sq Ft Home
  • Built-In Features
  • Combination Dining and Living Room
  • Den

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 68434204380010602

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, maintenance structure, parking, pool(s), roof
  • 162 Units
  • Water Club North Palm Bea Subdivision
  • 22-Story Property

Amenities

  • Clubhouse
  • Game Room
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,257

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,181 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East On PGA Blvd, South on US Highway 1, Water Club Is On East Side Of Street Just South Of PGA Blvd. North Building,
  • Year Built: 2016
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 1959.0
  • Dining Room Type: Den, Laundry
  • Stories: 22
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill
  • View: Intercoastal, Other, Pool, Water
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access
  • 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: Covered, Garage, Two or More Spaces

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1181.0
  • Community Features: Clubhouse, Game Room, Gated, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Cabana, Clubhouse, Fitness Center, Pool, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Roof

Lot Info

  • Parcel #: 68434204380010602
  • Zoning Description: R3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 14257.0

Multi Family

  • Number Of Units In Community: 162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2019
Closed on
Dec 18, 2020
Sold by
Conrad Max A and Ayala Evelyn
Bought by
Peshkin Marsha F and Marsha F Peshkin Revocable Tru
Seller's Agent
Raymond McAlees
Premier Brokers International
Buyer's Agent
Rosita McAlees
Premier Brokers International
List Price
$1,175,000
Sold Price
$1,000,000
Premium/Discount to List
-$175,000
-14.89%
Current Estimated Value
$1,683,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$683,692
Avg. Annual Appreciation
11.82%
Original Mortgage
$300,000
Outstanding Balance
$271,186
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,407,987

Purchase Details

Listed on
Mar 22, 2017
Closed on
Feb 27, 2018
Sold by
Caravalho Darcy and Mittnacht Richard A
Bought by
Conrad Max A
Seller's Agent
Elaine Edwards
Brown Harris Stevens of PB
Buyer's Agent
Raymond McAlees
Premier Brokers International
List Price
$1,035,000
Sold Price
$975,000
Premium/Discount to List
-$60,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.90%

Purchase Details

Closed on
Mar 17, 2017
Sold by
Domani Devlopment Llc
Bought by
Caravalho Darcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Peshkin Marsha F $1,000,000 Accommodation
Conrad Max A $975,000 K Title Co Llc
Caravalho Darcy $775,200 K Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peshkin Marsha F $300,000
Previous Owner Caravalho Darcy $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $1,000,000 +19900.0% $510 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
01/18/2020 01/18/20 For Rent $5,000 +25.0% --
01/18/2020 01/18/20 Rented $4,000 0.0% --
10/26/2019 10/26/19 For Sale $1,175,000 +20.5% $600 / Sq Ft
02/27/2018 02/27/18 Sold $975,000 -5.8% $498 / Sq Ft
01/28/2018 01/28/18 Pending -- -- --
03/22/2017 03/22/17 For Sale $1,035,000 -- $528 / 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 $12,574 $695,241 -- --
2023 $11,966 $674,991 $0 $0
2022 $12,142 $655,331 $0 $0
2021 $12,009 $636,244 $0 $0
2020 $18,275 $895,000 $0 $895,000
2019 $16,543 $780,000 $0 $780,000
2018 $14,257 $690,000 $0 $690,000
2017 $14,339 $690,000 $0 $0
2016 $1,404 $63,862 $0 $0
2015 $1,296 $58,056 $0 $0
2014 $1,165 $52,778 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Raymond McAlees

    Premier Brokers International

  • R

    Seller Co-Listing Agent in 2020

    Rosita McAlees

    Premier Brokers International

    (561) 762-5978

    1 in this area

    14 Total Sales

    Section Image

  • D

    Buyer's Agent in 2020

    Diana Casper

    Illustrated Properties, LLC

    (561) 543-6464

    60 in this area

    65 Total Sales

    Section Image

  • E

    Seller's Agent in 2018

    Elaine Edwards

    Brown Harris Stevens of PB

    (561) 659-6400

    18 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10572995

BeachesMLS

APN: 68-43-42-04-38-001-0602

Florida Palm Beach County North Palm Beach 33408

1 Water Club Way Unit 602, North Palm Beach, FL

This home is located at 1 Water Club Way Unit 602, North Palm Beach, FL 33408 since 26 October 2019 and is currently estimated at $1,678,709, approximately $856 per square foot. This property was built in 2016. 1 Water Club Way Unit 602 is a home located in Palm Beach County with nearby schools including The Conservatory School at North Palm Beach, Palm Beach Gardens Community High School, and The Benjamin Private School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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