NOT LISTED FOR SALE

Mariner's Cay 1200 Scotia Dr Unit 505 Hypoluxo, FL 33462

Estimated Value: $296,000 - $388,000

2 Beds
1 Bath
1,004 Sq Ft
$348/mo HOA Fee

Last Sold November 18, 2020

Last sale price $214,000 $213 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,386/month

94 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Clubhouse
  • Mediterranean Architecture
  • Gated Community
  • Sauna
  • Community Pool

About This Home

As of November 2020

Totally remodeled * Intracoastal * water views in gated neighborhood! New kitchen, quartz countertops, extended bar & stainless appliances! New tile floors & fresh paint! Upgraded bathroom with beautiful shower & large quartz vanity. Master bedroom with walk in closet. Second bedroom with french doors. Full size washer & dryer inside condo. Extra storage. Large balcony overlooks clubhouse, pool & intracoastal. Secure building with elevator, trash chute & mailboxes in lobby. Resort style clubhouse, full size gym, cardio room, sauna, billiards, spa, bbq & pavilion. Private beach with bbq area & kayak racks available. Marina next door with boat club & charters daily. Low association dues includes onsite mgmt, reserves, exterior insurance & water. Ok to lease. Minimum downpayment finance ok

Last Agent to Sell the Property

Linda Cervantes

United Realty Group, Inc License #3087616 Listed on: 07/16/2020

United Realty Group, Inc

Last Buyer's Agent

Robert MacKinnon

Lang Realty/Delray Beach License #3288428

Lang Realty/Delray Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,616

Year Built

  • Built in 2001

Lot Details

  • Fenced

HOA Fees

  • $348 Monthly HOA Fees

Property Views

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,004 Sq Ft Home
  • Bar
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Closed Circuit Camera

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • No Fixed Bridges

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 26434510280125050

Community Details

Overview

  • Association fees include management, common areas, insurance, maintenance structure, sewer, trash, water
  • 240 Units
  • High-Rise Condominium
  • Hypoluxos Mariners Cay Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,616

Year Built

Built in 2001

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East side of federal hwy between gateway & hypoluxo next to Palm Beach Yacht Center Marina.
  • Year Built: 2001
  • Architectural Style: High Rise, Mediterranean
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1004.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 6

Exterior Features

  • Exterior Features: Fence
  • View: Intercoastal, Pool, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Security Gate, Key Card Entry, Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 348.0
  • Community Features: Clubhouse, Gated, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool, Sauna, Spa/Hot Tub, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Structure, Sewer, Trash, Water

Lot Info

  • Parcel #: 26434510280125050
  • Zoning Description: RH
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2616.0

Multi Family

  • Number Of Units In Community: 240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Nov 17, 2020
Sold by
Barratt Linda and Barratt Diana
Bought by
Feather Christopher Paul
Seller's Agent
Linda Cervantes
United Realty Group, Inc
Buyer's Agent
Robert MacKinnon
Lang Realty/Delray Beach
List Price
$230,000
Sold Price
$214,000
Premium/Discount to List
-$16,000
-6.96%
Current Estimated Value
$334,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,790
Avg. Annual Appreciation
10.06%
Original Mortgage
$171,200
Outstanding Balance
$154,415
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$182,298

Purchase Details

Closed on
Jan 16, 2007
Sold by
Rotundo Joseph Paul
Bought by
Barratt Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
1.76%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 18, 2004
Sold by
Rotundo James and Rotundo Joseph Paul
Bought by
Rotundo Joseph Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2004
Sold by
Hypoluxo Cove Development Llc
Bought by
Rotundo James and Rotundo Joseph Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
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
Feather Christopher Paul $214,000 South Florida Title Assc Llc
Barratt Diana $250,000 South Shore Title Of Welling
Rotundo Joseph Paul $101,796 Transcontinental Title Co
Rotundo James $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feather Christopher Paul $171,200
Previous Owner Barratt Diana $225,000
Previous Owner Rotundo Joseph Paul $215,000
Previous Owner Rotundo James $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $214,000 -7.0% $213 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $230,000 -- $229 / 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 $2,457 $186,856 -- --
2023 $2,388 $181,414 $0 $0
2022 $2,354 $176,130 $0 $0
2021 $2,338 $171,000 $0 $171,000
2020 $2,711 $159,000 $0 $159,000
2019 $2,617 $160,000 $0 $160,000
2018 $2,363 $153,000 $0 $153,000
2017 $2,209 $140,000 $0 $0
2016 $2,114 $99,825 $0 $0
2015 $1,967 $90,750 $0 $0
2014 $1,812 $82,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10639253

BeachesMLS

APN: 26-43-45-10-28-012-5050