NOT LISTED FOR SALE

100 Royal Palm Way Unit 1C & 2C Palm Beach, FL 33480

Estimated Value: $4,454,703 - $4,843,000

4 Beds
4 Baths
4,142 Sq Ft
$1,110/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $2,795,000 $675 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $33,466/month

38 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Lanai

About This Home

As of March 2021

Boutique building One Royal Palm Way is located on Palm Beach's very own riviera along South Ocean Blvd downtown. Full-time manager and staff serving only 39 apartment owners make for an extraordinarily carefree, relaxing lifestyle. Walk to hotels, restaurants, shops and the beach is just steps from your door. Iconic Worth Ave is only four streets south.
Two-story, duplex apartment with remarkable scale (4,142 total sq ft), outdoor space and blue water, ocean views are very rare on the island of Palm Beach. Two apartments have been combined with a gracious stair. The lower apartment's garden/patio offers tropical quiet behind privacy landscaping and the upper apartment has a large, deep balcony with ocean views.

Last Agent to Sell the Property

James Edwards

Sotheby's International Realty, Inc. License #3151564 Listed on: 10/27/2020

Sotheby's International Realty, Inc.

Last Buyer's Agent

GARY POHRER

THE CORCORAN GROUP 2435

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $23,741

Year Built

  • Built in 1969

Lot Details

  • Ocean Front
  • Northeast Facing Home

HOA Fees

  • $5,192 Monthly HOA Fees

Interior Spaces

  • 4,142 Sq Ft Home
  • Fireplace
  • Dining Area
  • Home Gym

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Available

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434323100000013

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, trash, pest control
  • 39 Units
  • One Royal Palm Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Lobby
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Small pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$23,741

Year Built

Built in 1969

Lot Details

0

HOA Fees

$5,192 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Okkechobee Rd east to middle bridge. Building is located at the intersection of Royal Palm Way and South Ocean Blvd.
  • Building Name: One Royal Palm
  • Year Built: 1969
  • Location Tax Legal:Name of Building: One Royal Palm
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 23740.65
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 15575.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 39
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Security System: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Exposure of Unit:North2: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Waterfront-Building:Ocean- Across Street: Yes
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Cable, Fireplace, Wndw Trmnts Included, Smoke Alarms
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Patio/Lanai, Impact Doors, Impact Windows, Elevator, Exercise Room, Lobby, Ocean Acc-Not Deeded
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Acc-Not Deeded: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:Covered Parking: Yes
  • Parking 2 Car2: Yes

Utilities

  • Laundry Features: Laundry in Building, Laundry in Unit, Other (See Remarks)
  • Security: Security System, Other Security, Door Person
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Trash, Pest Control

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434323100000013
  • Zoning: R-C - Medium Density Residential

Multi Family

  • Number Of Units Total: 39
  • Maintenance Expense: 15575.0

Tax Info

  • Tax Annual Amount: 23740.65
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Shanley Frank E and Shanley Jeanne M
Bought by
Frank E Shanley Trust
Current Estimated Value
$4,599,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Outstanding Balance
$2,190,668
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$2,408,758

Purchase Details

Listed on
Oct 27, 2020
Closed on
Mar 5, 2021
Sold by
Lavoy Alison La
Bought by
Shanley Frank E
Seller's Agent
James Edwards
Sotheby's International Realty, Inc.
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$2,795,000
Sold Price
$2,795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%
Original Mortgage
$1,500,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2020
Closed on
Mar 2, 2021
Sold by
Oneill Lorraine and Wells Fargo Bank Na
Bought by
Shanley Frank E
Seller's Agent
James Edwards
Sotheby's International Realty, Inc.
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$2,795,000
Sold Price
$2,795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2001
Sold by
Mcelwaney King William and Mcelwaney Mary Jane
Bought by
Lavoy Kenneth R and Lavoy Lucilla C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.62%

Purchase Details

Closed on
Aug 16, 1999
Sold by
Hamilton George S
Bought by
Mcelwaney King W and Mcelwaney Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 1999
Sold by
Hamilton Anne S
Bought by
Hamilton George S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
6.74%
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
Frank E Shanley Trust -- --
Shanley Frank E -- Premier Title Company Ltd
Shanley Frank E -- Premier Title Company Ltd
Shanley Frank E -- Premier Title Company Ltd
Shanley Frank E -- Premier Title Company Ltd
Shanley Frank E $2,795,000 Premier Title Company Ltd
Lavoy Kenneth R $715,000 Premier Title Company Ltd
Mcelwaney King W $350,000 --
Hamilton George S $115,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank E Shanley Trust $2,300,000
Previous Owner Shanley Frank E $1,500,000
Previous Owner Lavoy Kenneth R $300,000
Previous Owner Hamilton George S $235,000
Previous Owner Hamilton George S $229,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $2,795,000 0.0% $675 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $2,795,000 -- $675 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $34,458 $2,333,980 -- --
2023 $33,741 $2,266,000 $0 $0
2022 $33,786 $2,200,000 $0 $0
2021 $37,645 $2,300,000 $0 $2,300,000
2020 $34,960 $2,100,000 $0 $2,100,000
2019 $24,999 $1,504,146 $0 $0
2018 $23,733 $1,476,100 $0 $0
2017 $23,741 $1,445,739 $0 $0
2016 $23,769 $1,416,003 $0 $0
2015 $24,580 $1,406,160 $0 $0
2014 $24,696 $1,395,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James Edwards

    Sotheby's International Realty, Inc.

    (561) 370-4141

    23 Total Sales

    James Edwards
    Section Image

  • G

    Buyer's Agent in 2021

    GARY POHRER

    THE CORCORAN GROUP 2435

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-990

APN: 50-43-43-23-10-000-0013

Florida Palm Beach County Palm Beach 33480

100 Royal Palm Way Unit 1C & 2C, Palm Beach, FL

This home is located at 100 Royal Palm Way Unit 1C & 2C, Palm Beach, FL 33480 since 27 October 2020 and is currently estimated at $4,599,426, approximately $1,110 per square foot. This property was built in 1969. 100 Royal Palm Way Unit 1C & 2C is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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