RENTED MAY 6, 2025

1181 Colonial Palms Way West Palm Beach, FL 33406

Forest Hill Neighborhood

Estimated Value: $199,000 - $303,000

3 Beds
2.5 Baths
1,342 Sq Ft
$189/Sq Ft Est. Value

Highlights

  • Water Views
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of May 2025

Beautiful Townhome renovated kitchen , stainless steel appliances, granite countertop, updated home.

Last Agent to Rent the Property

Andres Londono

Safebound Realty LLC License #3346052 Listed on: 01/17/2025

Last Renter's Agent

Andres Londono

Safebound Realty LLC License #3346052 Listed on: 01/17/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2007

Lot Details

  • 828

Parking

  • Over 1 Space Per Unit

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,342 Sq Ft Home
  • Water Views

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 30 Units
  • Laurel Oaks Enclave Subdivision

Listing and Financial Details

  • Property Available on 1/21/25
  • Assessor Parcel Number 70434407310000200
  • Seller Considering Concessions

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric, Water
  • Available Date: 2025-01-21

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: forest hill west of congress, first left
  • Year Built: 2007
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Ice Maker, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Living Area: 1342.0

Exterior Features

  • Exterior Features: None
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other

Lot Info

  • Parcel #: 70434407310000200
  • Land Lease Amount Frequency: Monthly
  • Lot Size: < 1/4 Acre

Multi Family

  • Number Of Units In Community: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2018
Sold by
Colonial Palms Townhomes Llc
Bought by
Sanders Realty Llc
Current Estimated Value
$254,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,091,000
Outstanding Balance
$3,009,083
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$2,754,951

Purchase Details

Closed on
Mar 23, 2006
Sold by
Puder Bernard
Bought by
Colonial Palms Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,480,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanders Realty Llc $5,300,000 Attorney
Colonial Palms Development Llc $1,950,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Realty Llc $4,091,000
Previous Owner Colonial Palms Development Llc $5,480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2025 05/06/25 Rented $2,375 0.0% --
04/02/2025 04/02/25 Under Contract -- -- --
03/27/2025 03/27/25 Price Changed $2,375 -1.0% $2 / Sq Ft
03/25/2025 03/25/25 Price Changed $2,400 -2.0% $2 / Sq Ft
03/03/2025 03/03/25 Price Changed $2,450 -2.0% $2 / Sq Ft
01/17/2025 01/17/25 For Rent $2,500 -- --
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
2025 $4,459 $225,000 -- --
2024 $4,459 $210,298 -- --
2023 $4,111 $191,180 $0 $0
2022 $3,874 $173,800 $0 $0
2021 $3,541 $158,000 $0 $158,000
2020 $3,360 $148,000 $0 $148,000
2019 $3,294 $143,000 $0 $143,000
2018 $2,282 $124,000 $0 $124,000
2017 $2,048 $99,000 $0 $0
2016 $1,962 $70,543 $0 $0
2015 $1,705 $64,130 $0 $0
2014 $1,628 $58,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2025

    Andres Londono

    Safebound Realty LLC

    (561) 584-2780

    2 in this area

    30 Total Sales

    Andres Londono
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Map

Source: BeachesMLS

MLS Number: R11053298

BeachesMLS

APN: 70-43-44-07-31-000-0100

Florida Palm Beach County West Palm Beach 33406 Forest Hill

1181 Colonial Palms Way, West Palm Beach, FL

Not Listed for Sale

Townhouses

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