NOT LISTED FOR SALE

The Mayfair 1401 S Ocean Blvd Unit 2040 Floor 2 Boca Raton, FL 33432

Estimated Value: $724,608 - $1,046,000

3 Beds
3 Baths
2,281 Sq Ft
$1,394/mo HOA Fee

Last Sold March 29, 2022

Last sale price $655,000 $287 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,792/month

28 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Clubhouse
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • Garden View

About This Home

As of March 2022

The Mayfair is a 5 story, 55-unit boutique building on Ocean Blvd. featuring 24hr door person, steps to the sand via the deeded beach access, heated pool, sauna, fitness center, tennis, game room and stunning entry lobby leading to the dramatic tropical atrium. This 3 bedroom, 3 bath, 2,281 square foot condo has 8.5' ceilings offering spacious living, a wraparound balcony, and serene garden views. The natural light from the large windows creates wonderful, bright, and cheery spaces in every room. Closet space is abundant as is the large extra storage unit and spacious laundry room. Hurricane protection is assured with accordion shutters. No leasing the first 3 years of ownership.

Last Agent to Sell the Property

Keith Neff

Compass Florida LLC License #3261423 Listed on: 01/29/2022

Compass Florida LLC

Co-Listed By

Camilla Goodwin

Compass Florida LLC License #3375902

Last Buyer's Agent

Travis Paino

Blue Realty Team, LLC License #3264012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,817

Year Built

  • Built in 1982

HOA Fees

  • $1,394 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Garden

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 2,281 Sq Ft Home
  • Built-In Features
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Property has ocean access
  • Patio
  • Wrap Around Porch

Schools

  • Boca Raton Elementary School
  • Boca Raton Community Middle School
  • Boca Raton Community High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434732210002040

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, security, trash, water
  • Mayfair Of Boca Raton Con Subdivision, Pool And Garden View Floorplan
  • 5-Story Property

Amenities

  • Doorman
  • Sauna
  • Elevator
  • Bike Room

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,817

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,394 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A South of Camino Real to the Mayfair on the west side.
  • Year Built: 1982
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 2281.0
  • Dining Room Type: Laundry
  • Stories: 5

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Garden, Pool
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront Features: Ocean Access
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio, Wrap Around
  • Property Condition: Resale
  • FrontageLengthRemarks: 0

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Tub
  • Security: Door Man
  • Cooling: Central Air, 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: 1394.0
  • Community Features: Non-Gated, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Pool, Sauna, Storage, Tennis Court(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Security, Trash, Water

Schools

  • Elementary School: Boca Raton
  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel #: 06434732210002040
  • Lot Size: East of US-1
  • Zoning Description: R3C(ci

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5817.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2014
Closed on
May 4, 2015
Sold by
Stierli Werner
Bought by
The Charles R Scribner Living Trust
Seller's Agent
Kevin Berman
MMLS Assoc.-Inactive Member
List Price
$529,000
Sold Price
$430,000
Premium/Discount to List
-$99,000
-18.71%
Current Estimated Value
$878,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,402
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Feb 22, 2008
Sold by
Alessi Lucy
Bought by
Stierli Werner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
The Charles R Scribner Living Trust $430,000 None Available
Stierli Werner $430,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stierli Werner $301,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2022 03/29/22 Sold $655,000 +5.0% $287 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $624,000 +45.1% $274 / Sq Ft
05/08/2015 05/08/15 Sold $430,000 -6.3% $189 / Sq Ft View Prior Sale
03/23/2015 03/23/15 Pending -- -- --
02/10/2015 02/10/15 Price Changed $459,000 -6.1% $201 / Sq Ft
01/07/2015 01/07/15 Price Changed $489,000 -7.6% $214 / Sq Ft
11/13/2014 11/13/14 For Sale $529,000 -- $232 / 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 $9,505 $584,000 -- --
2023 $10,104 $614,400 $0 $614,400
2022 $5,857 $359,757 $0 $0
2021 $5,817 $349,279 $0 $0
2020 $5,733 $344,457 $0 $0
2019 $5,750 $336,713 $0 $0
2018 $5,377 $330,435 $0 $0
2017 $5,330 $323,639 $0 $0
2016 $5,324 $316,982 $0 $0
2015 $6,300 $308,550 $0 $0
2014 $5,894 $280,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10773298

BeachesMLS

APN: 06-43-47-32-21-000-2040