NOT LISTED FOR SALE

Marina Tower 108 Lakeshore Dr Unit 5390 North Palm Beach, FL 33408

Estimated Value: $642,000 - $884,000

2 Beds
2 Baths
1,637 Sq Ft
$1,179/mo HOA Fee

Last Sold July 27, 2022

Last sale price $780,000 $476 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,409/month

37 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Gated with Attendant
  • Property Fronts a Bay or Harbor
  • Intracoastal View
  • Furnished

About This Home

As of July 2022

This luxury condominium on the 5th floor of a luxury high-rise building in North Palm Beach Florida offers dramatic unobstructed views of Lake Worth Lagoon, North Palm Beach Marina, and the intercoastal waterway through floor-to-ceiling sliding glass doors and an approximate 70+-foot wraparound ''L'' shaped balcony. There is a calming visual view of the lights of the Marina and boats at night. Arguably the best view on the property. The balcony is sufficiently wide for a table and chairs for outdoor dining. The balcony also overlooks our pool, jacuzzi, and professional grill on our upper deck which is used for outdoor dining.This 20-floor high-rise has only 4 units on each floor for your privacy. The building underwent a complete concrete restoration in 2016-2017 and passed a 40-Year

Last Agent to Sell the Property

Amy Talkow

Listingly License #3051624 Listed on: 05/20/2022

Last Buyer's Agent

Peter Hibberd

Real Estate of Florida Broward County Inc. License #3453123

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,679

Year Built

  • Built in 1975

Lot Details

HOA Fees

  • $1,179 Monthly HOA Fees

Property Views

Interior Spaces

  • 1,637 Sq Ft Home
  • Furnished
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 68434209280005390

Community Details

Overview

  • Old Port Cove Condo Five Subdivision
  • 20-Story Property

Recreation

  • Boat Ramp
  • Boating
  • Fitness Center

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,679

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,179 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA Blvd EAST to US 1. Turn RIGHT on US 1 to first traffic signal and make a LEFT onto Lakeshore Drive to Security Gatehouse.
  • Year Built: 1975
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1637.0
  • Dining Room Type: Laundry
  • Stories: 20

Exterior Features

  • View: Bay, Intercoastal
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Bay Front
  • Waterfront: Yes
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1179.0
  • Community Features: Boat Facilities, Gated
  • Senior Community: No
  • Amenities: Fitness Center
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 68434209280005390
  • Zoning Description: R3(cit

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3679.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 20, 2022
Sold by
Lewis Cohen Steven and Manalansan Irene
Bought by
Mullray Daniel and Mullray Heather
Seller's Agent
Amy Talkow
Listingly
Buyer's Agent
Peter Hibberd
Real Estate of Florida Broward County Inc.
List Price
$950,000
Sold Price
$780,000
Premium/Discount to List
-$170,000
-17.89%
Current Estimated Value
$769,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,004
Avg. Annual Appreciation
-0.42%

Purchase Details

Closed on
Feb 9, 2016
Sold by
Cohen Steven Lewis and Cohen Irene Manalansan
Bought by
Cohen Steven Lewis and Cohen Irene Manalansan

Purchase Details

Closed on
Oct 10, 2000
Sold by
Pr Norman Wish
Bought by
Cohen Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1994
Sold by
Tonjes Clyde E and Tonjes Leona
Bought by
Wish Richard
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mullray Daniel $780,000 Cohen Norris Wolmer Ray Telepm
Cohen Steven Lewis -- Attorney
Cohen Steven L $195,000 --
Wish Richard $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wish Richard $156,000
Previous Owner Wish Richard $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $780,000 -17.9% $476 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $950,000 0.0% $580 / Sq Ft
08/14/2019 08/14/19 Rented $5,500 0.0% --
07/15/2019 07/15/19 Under Contract -- -- --
02/18/2019 02/18/19 For Rent $5,500 +22.2% --
08/15/2016 08/15/16 Rented $4,500 0.0% --
07/16/2016 07/16/16 Under Contract -- -- --
03/09/2016 03/09/16 For Rent $4,500 0.0% --
09/25/2014 09/25/14 Rented $4,500 0.0% --
08/26/2014 08/26/14 Under Contract -- -- --
07/04/2014 07/04/14 For Rent $4,500 -- --
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 $12,415 $625,000 -- --
2023 $12,187 $625,000 $0 $625,000
2022 $3,710 $228,016 $0 $0
2021 $3,679 $221,375 $0 $0
2020 $3,805 $218,319 $0 $0
2019 $3,743 $213,411 $0 $0
2018 $3,556 $209,432 $0 $0
2017 $3,491 $205,124 $0 $0
2016 $3,482 $200,905 $0 $0
2015 $3,554 $199,508 $0 $0
2014 $3,555 $197,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10801860

BeachesMLS

APN: 68-43-42-09-28-000-5390