NOT LISTED FOR SALE

120 S Ocean Blvd Unit F Delray Beach, FL 33483

Estimated Value: $2,782,000 - $3,336,000

3 Beds
3 Baths
2,700 Sq Ft
$850/mo HOA Fee

Last Sold January 24, 2019

Last sale price $1,600,000 $593 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $19,937/month

105 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Sauna
  • 84,776 Sq Ft lot
  • Wood Flooring
  • Furnished

About This Home

As of January 2019

This unique property on A1A over looking world famous Delray Beach with specular Atlantic Ocean views. As you walk inside this TWO-STORY PENTHOUSE unit has North, East, South and Western ocean views from it's 4 wrap-around balconies. Step into this open concept floor plan with 20 foot pitched ceilings. The open kitchen with lovely living areas, dining areas warm and inviting. This property is extremely private yet steps to Atlantic Ave.This 3 Bed, 3 Bath, gives one a feeling of a single-family home! Every room has a view of the ocean. The seconds story or Loft is complete with 2nd living area, den, office & sitting areas. 2 large storage closets. This unique dwelling has such incredible views. A MUST see in a very well maintained building with very low monthly maintenance fees.

Last Agent to Sell the Property

Gary Shusas

Coldwell Banker Realty /Delray Beach License #3219295 Listed on: 09/10/2018

Coldwell Banker Realty /Delray Beach

Last Buyer's Agent

Gary Shusas

Coldwell Banker Realty /Delray Beach License #3219295 Listed on: 09/10/2018

Coldwell Banker Realty /Delray Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,463

Year Built

  • Built in 1981

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $850 Monthly HOA Fees

Property Views

  • Ocean
  • Intracoastal
  • Pool

Interior Spaces

  • 2,700 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Security Lights

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 12434616740000056

Community Details

Overview

  • Association fees include management, common areas, insurance, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), reserve fund, roof, sewer, trash, water
  • 29 Units
  • High-Rise Condominium
  • Ocean Place Condo Subdivision
  • 5-Story Property

Amenities

  • Sauna
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Phone Entry
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,463

Year Built

Built in 1981

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Just South of Atlantic Avenue. Enter on Gleason Street.
  • Year Built: 1981
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Split Bedrooms, Skylights, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile, Wood
  • Living Area: 2700.0
  • Dining Room Type: Great Room, Storage Room
  • Stories: 5
  • Window Features: Impact Glass, Skylight(s)

Exterior Features

  • Exterior Features: Balcony, TV Antenna
  • View: Intercoastal, Ocean, Pool, Water
  • Pool Features: None, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Open
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Deeded, Guest, Two or More Spaces

Utilities

  • Security: Key Card Entry, Phone Entry, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 850.0
  • Community Features: Property Manager On-Site, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 12434616740000056
  • Lot Size Sq Ft: 84776.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 20463.0

Multi Family

  • Number Of Units In Community: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Jan 24, 2019
Sold by
Anstedt Gunderson Tina Anstedt and Anstedt Hadd Catherine
Bought by
Panchal Anand
Seller's Agent
Gary Shusas
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Gary Shusas
Coldwell Banker Realty /Delray Beach
List Price
$2,100,000
Sold Price
$1,600,000
Premium/Discount to List
-$500,000
-23.81%
Current Estimated Value
$2,980,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,380,636
Avg. Annual Appreciation
9.70%
Original Mortgage
$360,000
Outstanding Balance
$312,326
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,668,310

Purchase Details

Closed on
Apr 1, 2016
Sold by
Anstedt H Jackson and The H Jackson Anstedt Revocabl
Bought by
Anstedt H Jackson

Purchase Details

Closed on
Oct 4, 1993
Sold by
Knott Marion I and Knott Henry J
Bought by
Anstedt H Jackson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

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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
Panchal Anand $1,600,000 Attorney
Panchal Anand -- Attorney
Anstedt H Jackson -- Attorney
Anstedt H Jackson $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panchal Anand $360,000
Previous Owner Anstedt H Jackson $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2019 01/24/19 Sold $1,600,000 -23.8% $593 / Sq Ft
12/25/2018 12/25/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $2,100,000 -- $778 / 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 $39,418 $1,888,689 -- --
2023 $38,725 $1,716,990 $0 $0
2022 $32,606 $1,560,900 $0 $0
2021 $29,130 $1,470,000 $0 $1,470,000
2020 $26,407 $1,290,000 $0 $1,290,000
2019 $20,896 $1,049,570 $0 $0
2018 $20,057 $1,030,000 $0 $1,030,000
2017 $20,463 $1,030,000 $0 $0
2016 $19,429 $874,500 $0 $0
2015 $17,551 $795,000 $0 $0
2014 $17,816 $795,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10462721

BeachesMLS

APN: 12-43-46-16-74-000-0056