NOT LISTED FOR SALE

127 Peruvian Ave Unit 2050 Palm Beach, FL 33480

Palm Beach Area

Estimated Value: $4,579,282

2 Beds
2 Baths
1,608 Sq Ft
1973 Built

Sale Details

Date Sold: February 22, 2022

Last sale price $4,060,000 $2,525 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $30,339 / mo

6 Days on Market

Highlights

  • Marble Flooring
  • Community Pool
  • 1 Car Attached Garage
  • Palm Beach Public School Rated A-
  • Balcony
  • Eat-In Kitchen

About This Home

As of February 2022

Located in the most premier location steps from the ocean & Worth Avenue, this 1740 SQFT completely renovated 2BD/2BA apartment is truly stunning! With Southeast exposure, sunlight and views of the ocean are flooding in from every room. Other highlights include: laundry in unit, exceptional terrace space, prime covered parking space, new boutique lobby, lots of guest parking spots, and great pool area. Excellent turnkey opportunity!

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,944

Year Built

  • Built in 1973

HOA Fees

  • $933 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Garage Space

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,608 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Marble Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power

Additional Features

  • Balcony
  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 50434326070002050

Community Details

Overview

  • 12 Units
  • Chalet By The Ocean Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Secure Lobby
  • Complete Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,944

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

HOA Fees

$933 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Directions: Ocean Blvd to Peruvian Ave
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Condo
  • Subdivision Name: CHALET BY THE OCEAN CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 4060000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 1608
  • Stories: 3
  • Window Features: Complete Impact Glass
  • Bedroom Features: None
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Laundry, Utility Room/Laundry
  • Master Bathroom Features: None

Exterior Features

  • Roof: Other Roof/Roof Structure, Other
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Direction Faces: East
  • Other Structures: Livable
  • Patio And Porch Features: Open Balcony
  • Pool Features: Community
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Parking Garage
  • Total Parking Spaces: 1

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Security: Security System, Lobby Secured
  • Utilities: Water Connected, Water Available

Condo/Co-op/Association

  • Association Fee: 933
  • Amenities: Community Pool, Pool, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Buyer Approval Required, Pool

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 50434326070002050
  • Zoning: R-C(ci

Rental Info

  • Pets Allowed: No, Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11944

Multi Family

  • Number Of Units In Community: 12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Feb 17, 2022
Sold by
Bought by
List Price
$3,995,000
Sold Price
$4,060,000
Premium/Discount to List
$65,000
1.63%
Current Estimated Value
$4,579,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,282
Avg. Annual Appreciation
2.75%
Original Mortgage
$2,428,400
Outstanding Balance
$2,170,347
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,408,935

Purchase Details

Listed on
Dec 26, 2017
Closed on
Apr 11, 2018
Sold by
Bought by
Seller's Agent
W.PETER MAHLER
WILSHIRE INTL. REALTY
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.79%

Purchase Details

Closed on
Jul 17, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 2000
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,060,000 Rabideau Klein
$1,395,000 Premier Title Co Ltd
-- --
$259,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,428,400
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2022 02/22/22 Sold $4,060,000 +1.6% $2,525 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $3,995,000 +186.4% $2,484 / Sq Ft
04/11/2018 04/11/18 Sold $1,395,000 0.0% $872 / Sq Ft View Prior Sale
03/09/2018 03/09/18 Pending -- -- --
12/26/2017 12/26/17 For Sale $1,395,000 -- $872 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $50,257 $3,350,000
2024 $50,257 $3,350,000
2023 $52,200 $3,450,000 $0 $3,450,000
2022 $11,745 $771,400 $0 $0
2021 $11,945 $748,932 $0 $0
2020 $11,960 $738,592 $0 $0
2019 $11,928 $721,986 $0 $0
2018 $4,813 $308,695 $0 $0
2017 $4,798 $302,346 $0 $0
2016 $4,507 $296,127 $0 $0
2015 $4,657 $294,069 $0 $0
2014 $4,676 $291,735 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2018

    W.PETER MAHLER

    WILSHIRE INTL. REALTY

  • N

    Buyer's Agent in 2018

    NON MEMBER

    NON MEMBER FIRM

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: R10770543

MIAMI REALTORS® MLS

APN: 50-43-43-26-07-000-2050

Florida Palm Beach County Palm Beach 33480

127 Peruvian Ave Unit 2050, Palm Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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