NOT LISTED FOR SALE

140 Inlet Way Unit 211 Riviera Beach, FL 33404

Estimated Value: $1,174,000 - $1,382,000

2 Beds
2 Baths
1,405 Sq Ft
$756/mo HOA Fee

Last Sold February 28, 2023

Last sale price $1,175,000 $836 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,740/month

83 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Great Room
  • William T. Dwyer High School Rated A-
  • Gated Community
  • Community Pool

About This Home

As of February 2023

A Very Rare Opportunity to Wake up to the Most Glittering Turquoise Water Views in the Country! Encounter both Serenity & Beauty with Captivating Views of Palm Beach Island, Peanut Island, and Some of the World's Most Luxurious Mega Yachts! This Impeccable Residence has been Tastefully Renovated & Precisely Maintained with the Addition of Impact Glass Windows and Doors as well as New AC in 2022. The Kitchen Features Polished White Shaker Cabinets, Custom Backsplash, & an Oversized Island Ideal for Entertaining. Both Bathrooms have also been Updated Featuring Glass Tile Detail, Marble Countertops, & Contemporary Fixtures. The Location of Palm Beach Shores is a Hidden Gem & if you are Lucky Enough to Live here, You'll Certainly Know Why! Many of its Residents of this Charming Area have

Last Agent to Sell the Property

Lauren Mathews

Douglas Elliman (Jupiter) License #3313755 Listed on: 12/06/2022

Douglas Elliman (Jupiter)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,665

Year Built

  • Built in 1989

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway

HOA Fees

  • $756 Monthly HOA Fees

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 1,405 Sq Ft Home
  • 3-Story Property
  • Furnished or left unfurnished upon request
  • Great Room
  • Combination Dining and Living Room
  • Security Gate
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Rip-Rap
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 54434234190020023

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pest control, pool(s), trash, water
  • 44 Units
  • Inlet Beach Club Subdivision

Amenities

  • Elevator
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,665

Year Built

Built in 1989

Lot Details

0

HOA Fees

$756 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: BLUE HERON EAST TO LAKE DRIVE, RIGHT TO END, LEFT TO INLET, COMPLEX ON RIGHT
  • Year Built: 1989
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Living/Dining Room, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1405.0
  • Dining Room Type: Great Room
  • Stories: 3

Exterior Features

  • Exterior Features: Patio
  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front, Riprap
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 756.0
  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Pool, Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Trash, Water

Lot Info

  • Parcel #: 54434234190020023
  • Zoning Description: C Multi-

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11665.0

Multi Family

  • Number Of Units In Community: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Feb 28, 2023
Sold by
Cheryl Jean Elhart Declaration Of Trust
Bought by
Lorris Peter
Seller's Agent
Lauren Mathews
Douglas Elliman (Jupiter)
List Price
$1,295,000
Sold Price
$1,175,000
Premium/Discount to List
-$120,000
-9.27%
Views
20
Current Estimated Value
$1,327,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,813
Avg. Annual Appreciation
4.51%
Original Mortgage
$550,000
Outstanding Balance
$497,005
Interest Rate
5.28%
Mortgage Type
New Conventional
Estimated Equity
$810,853

Purchase Details

Listed on
Nov 8, 2012
Closed on
May 3, 2013
Sold by
Botkin Joe and Botkin Charlotte
Bought by
Elhart Chery Jean
Seller's Agent
John Nugent
Compass Florida LLC
Buyer's Agent
Ron Jenkins
Inactive member
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%

Purchase Details

Closed on
Jul 2, 1999
Sold by
J Joseph Barse Tr
Bought by
Botkin Joe and Botkin Charlotte
Source: Public Records

Range of Values:

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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
Lorris Peter $1,175,000 Kensington Vanguard National L
Elhart Chery Jean $350,000 Assured Title Agency
Botkin Joe $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorris Peter $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $1,175,000 -9.3% $836 / Sq Ft
12/06/2022 12/06/22 For Sale $1,295,000 +270.0% $922 / Sq Ft
05/10/2013 05/10/13 Sold $350,000 -12.3% $243 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
11/08/2012 11/08/12 For Sale $399,000 -- $277 / 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 $19,802 $1,005,000 -- --
2023 $14,812 $662,563 $0 $0
2022 $13,275 $602,330 $0 $0
2021 $12,026 $635,000 $0 $635,000
2020 $11,231 $605,000 $0 $605,000
2019 $10,739 $575,000 $0 $575,000
2018 $8,687 $460,000 $0 $460,000
2017 $8,307 $460,000 $0 $0
2016 $7,194 $340,000 $0 $0
2015 $7,186 $324,500 $0 $0
2014 $6,499 $295,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lauren Mathews

    Douglas Elliman (Jupiter)

    (561) 653-6195

    2 in this area

    37 Total Sales

    Section Image
  • John Nugent

    Seller's Agent in 2013

    John Nugent

    Compass Florida LLC

    (561) 301-3371

    112 in this area

    118 Total Sales

    Section Image

  • R

    Buyer's Agent in 2013

    Ron Jenkins

    Inactive member

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10850337

BeachesMLS

APN: 54-43-42-34-19-002-0023

Florida Palm Beach County Riviera Beach 33404

140 Inlet Way Unit 211, Riviera Beach, FL

This home is located at 140 Inlet Way Unit 211, Riviera Beach, FL 33404 since 06 December 2022 and is currently estimated at $1,247,697, approximately $888 per square foot. This property was built in 1989. 140 Inlet Way Unit 211 is a home located in Palm Beach County with nearby schools including Lincoln Elementary School, William T. Dwyer High School, and John F. Kennedy Middle School.

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.

BeachesMLS 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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