NOT LISTED FOR SALE

100 Royal Palm Way Unit C-1 & C2 Palm Beach, FL 33480

Estimated Value: $4,189,339 - $4,680,000

4 Beds
4 Baths
4,142 Sq Ft
$5,297/mo HOA Fee

Last Sold March 05, 2021

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

Est. 59% increase in value since last sale

Current estimated payment $31,473/month

228 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Community Pool

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 Intl. Realty, Inc. License #3151564 Listed on: 06/15/2020

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Gary Pohrer

Serhant License #3068785

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,901

Year Built

  • Built in 1969

HOA Fees

  • $5,297 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Property Views

  • Ocean
  • Garden

Home Design

  • Entry on the 12th floor
  • Tar and Gravel Roof

Interior Spaces

  • 4,142 Sq Ft Home
  • Built-In Features
  • Decorative Fireplace
  • Combination Dining and Living Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Property has ocean access
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 50434323100000013

Community Details

Overview

  • Association fees include management, common areas, insurance, maintenance structure, parking, pest control, roof, trash
  • 39 Units
  • One Royal Palm Way Condo Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,901

Year Built

Built in 1969

Lot Details

0

HOA Fees

$5,297 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okkechobee Rd east to middle bridge. Building is located at the intersection of Royal Palm Way and South Ocean Blvd.
  • Year Built: 1969
  • Entry Level: 12
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Fireplace, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Flooring: Carpet, Tile
  • Living Area: 4142.0
  • Dining Room Type: Den, Storage Room
  • Stories: 6
  • Window Features: Impact Glass

Exterior Features

  • View: Garden, Ocean, Other, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

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

Utilities

  • Laundry Features: Common Area, Washer Hookup, Dryer Hookup
  • Security: Door Man
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 5297.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Management, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Structure, Parking, Pest Control, Roof, Trash

Lot Info

  • Parcel #: 50434323100000013
  • Zoning Description: R-D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 24901.0

Multi Family

  • Number Of Units In Community: 39

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
$4,443,585

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
$2,168,797
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$2,274,788

Purchase Details

Listed on
Jun 15, 2020
Closed on
Mar 14, 2021
Sold by
Oneill Lorraine and Kenneth R La Voy Revocable Trust
Bought by
Shanley Frank E
Seller's Agent
James Edwards
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Gary Pohrer
Serhant
List Price
$3,495,000
Sold Price
$2,795,000
Premium/Discount to List
-$700,000
-20.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$1,500,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2020
Closed on
Mar 5, 2021
Sold by
Lavoy Alison La
Bought by
Shanley Frank E
Seller's Agent
James Edwards
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Gary Pohrer
Serhant
List Price
$3,495,000
Sold Price
$2,795,000
Premium/Discount to List
-$700,000
-20.03%

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

Listed on
Jun 15, 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 Intl. Realty, Inc.
Buyer's Agent
Gary Pohrer
Serhant
List Price
$3,495,000
Sold Price
$2,795,000
Premium/Discount to List
-$700,000
-20.03%

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

Listed on
Jun 15, 2020
Closed on
Feb 24, 2021
Sold by
Lavoy Kenneth R
Bought by
Shanley Frank E
Seller's Agent
James Edwards
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Gary Pohrer
Serhant
List Price
$3,495,000
Sold Price
$2,795,000
Premium/Discount to List
-$700,000
-20.03%

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

Purchase Details

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

Purchase Details

Closed on
Mar 23, 1999
Sold by
Hamilton Anne S
Bought by
Hamilton George S
Source: Public Records

Range of Values:

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Average Value
Not Available
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 -- --
Frank E Shanley Trust -- Mortgage Connect
Frank E Shanley Trust -- --
Frank E Shanley Trust -- Mortgage Connect
Shanley Frank E -- Premier Title
Shanley Frank E -- Premier Title
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 -- Premier Title Company Ltd
Shanley Frank E $2,795,000 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
Shanley Frank E $2,795,000 Premier Title
Shanley Frank E $2,795,000 Premier Title
Shanley Frank E $2,795,000 Premier Title
Shanley Frank E $2,795,000 Premier Title
Lavoy Kenneth R $715,000 Premier Title Company Ltd
Lavoy Kenneth R $715,000 Premier Title Company Ltd
Mcelwaney King W $350,000 --
Mcelwaney King W $350,000 --
Hamilton George S $115,900 --
Hamilton George S $115,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank E Shanley Trust $2,300,000
Closed Frank E Shanley Trust $2,300,000
Previous Owner Shanley Frank E $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $2,795,000 -20.0% $675 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
06/19/2020 06/19/20 For Sale $3,495,000 -- $844 / 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 $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 Intl. Realty, Inc.

    (561) 370-4141

    21 Total Sales

    James Edwards
    Section Image

  • G

    Buyer's Agent in 2021

    Gary Pohrer

    Serhant

    (561) 262-0856

    101 Total Sales

    Gary Pohrer
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10632276

BeachesMLS

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

Florida Palm Beach County Palm Beach 33480

100 Royal Palm Way Unit C-1 & C2, Palm Beach, FL

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.

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