NOT LISTED FOR SALE

Admiralty Condominiums 1208 Marine Way Unit 501 Floor 5 North Palm Beach, FL 33408

Estimated Value: $271,944 - $310,000

2 Beds
2 Baths
1,118 Sq Ft
$634/mo HOA Fee

Last Sold June 12, 2020

Last sale price $235,000 $210 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,524/month

257 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • 185,390 Sq Ft lot
  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • Great Room

About This Home

As of June 2020

Must see this Beautiful condo in gated (24 hr manned) sought after Old Port Cove. Stunning views of Marina + Intercostal from living room and Master bedroom. Large out door patio over look the marine. Unit is renovated with updated kitchen, new floors, and vanity, granite countertop and stainless steel appliance. Building has fully renovated lobby and brand new elevators. Community offers pool, clubhouse, tennis, 2 mile jog path around marina, restaurant on site with express restaurant can deliver to unit, 1 assigned spot covered under building and loads of guest spots outside, cable+water included in HOA. Close to shopping in pga, mall, golf across street. 1 pet max 2. One time building renovation assessment has been paid off , unit.also can be for rent annually for $2000 per month .

Last Agent to Sell the Property

Jalil Medalian

Medalian Real Estate & Investm License #443093 Listed on: 08/29/2019

Co-Listed By

Bobac Medalian

Medalian Real Estate & Investm License #3180546

Last Buyer's Agent

Mark Paladino

Illustrated Properties, LLC License #3232171

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,385

Year Built

  • Built in 1971

Lot Details

  • Sprinkler System

HOA Fees

  • $634 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,118 Sq Ft Home
  • Ceiling Fan
  • Single Hung Metal Windows
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 68434209190015010

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), recreation facilities, roof, sewer, security, water
  • Old Port Cove Condo One Subdivision
  • 12-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Fitness Center
  • Community Spa
  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,385

Year Built

Built in 1971

Lot Details

0

HOA Fees

$634 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA East to US Hwy 1, south right & Old Port Cove will be on your left
  • Year Built: 1971
  • Entry Level: 5
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1118.0
  • Dining Room Type: Great Room
  • Stories: 12
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: TV Antenna
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 634.0
  • Community Features: Boat Facilities, Park, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Fitness Center, Laundry, Management, Pool, Spa/Hot Tub, Tennis Court(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Roof, Sewer, Security, Water

Lot Info

  • Parcel #: 68434209190015010
  • Lot Size: 4 to < 5 Acres
  • Lot Size Sq Ft: 185390.0
  • Zoning Description: R3(cit

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3385.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Jun 12, 2020
Sold by
Ocean Trust Llc
Bought by
Tiernan David Mark and Tiernan Mark
Seller's Agent
Jalil Medalian
Medalian Real Estate & Investm
Buyer's Agent
Mark Paladino
Illustrated Properties, LLC
List Price
$269,900
Sold Price
$235,000
Premium/Discount to List
-$34,900
-12.93%
Current Estimated Value
$286,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,986
Avg. Annual Appreciation
3.69%

Purchase Details

Closed on
Jul 3, 2018
Sold by
Robinson James S
Bought by
Ocean Trust Llc

Purchase Details

Closed on
Jan 4, 1995
Sold by
Romano Matthe E and Romano Julia V
Bought by
Robinson James S and Robinson Ann Ella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
9.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tiernan David Mark $235,000 Omega Title Florida Llc
Ocean Trust Llc $163,300 None Available
Robinson James S $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson James S $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2020 06/12/20 Sold $235,000 -12.9% $210 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
08/29/2019 08/29/19 For Sale $269,900 -- $241 / 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
2025 $4,587 $232,000 -- --
2024 $4,587 $268,830 -- --
2023 $4,358 $261,000 $0 $261,000
2022 $4,456 $260,700 $0 $0
2021 $4,090 $195,000 $0 $195,000
2020 $4,078 $195,000 $0 $195,000
2019 $3,704 $170,000 $0 $170,000
2018 $3,385 $170,000 $0 $170,000
2017 $3,008 $140,000 $0 $0
2016 $3,286 $150,000 $0 $0
2015 $3,443 $153,000 $0 $0
2014 $1,250 $93,486 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jalil Medalian

    Medalian Real Estate & Investm

    (561) 798-3322

    42 Total Sales

    Jalil Medalian
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Bobac Medalian

    Medalian Real Estate & Investm

    (561) 512-0998

    4 in this area

    327 Total Sales

    Bobac Medalian
    Section Image
  • Mark Paladino

    Buyer's Agent in 2020

    Mark Paladino

    Illustrated Properties, LLC

    (561) 383-0308

    32 in this area

    40 Total Sales

    Mark Paladino
    Section Image
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About Admiralty Condominiums

Map

Source: BeachesMLS

MLS Number: R10557865

BeachesMLS

APN: 68-43-42-09-19-001-5010

Florida Palm Beach County North Palm Beach 33408

1208 Marine Way Unit 501, North Palm Beach, FL

Not Listed for Sale

Condos

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