NOT LISTED FOR SALE

Estimated Value: $1,426,000 - $2,038,000

1 Bed
2 Baths
1,152 Sq Ft
$1,550/mo HOA Fee

Last Sold July 06, 2020

Last sale price $950,000 $825 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $11,926/month

25 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Community Cabanas
  • Clubhouse

About This Home

As of July 2020

Jewel box at the Biltmore! One bedroom, two full bath with den / second bedroom. All rooms have direct access onto a massive 600 sf terrace. Sun filled terrace facing south and east with a postcard view of The Breakers and the landscape of Palm Beach. The Biltmore has an unparalleled amenity package complete with two har-tru tennis courts, 24 hour doorman, concierge, resident only beach club and restaurant, pool service for one of the largest pools in South Florida, and a brand new dock.

Last Agent to Sell the Property

Chris Leavitt

Douglas Elliman License #3232586 Listed on: 06/10/2020

Douglas Elliman

Last Buyer's Agent

Chris Leavitt

Douglas Elliman License #3232586 Listed on: 06/10/2020

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,326

Year Built

  • Built in 1926

Lot Details

  • 7

HOA Fees

  • $1,550 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Garden

Interior Spaces

  • 1,152 Sq Ft Home
  • Entrance Foyer

Kitchen

  • Built-In Oven
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Clay
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 50434315270000307

Community Details

Overview

  • The Biltmore Subdivision
  • 12-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Game Room

Recreation

Pet Policy

  • Pets Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,326

Year Built

Built in 1926

Lot Details

0

HOA Fees

$1,550 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Bradley Place
  • Year Built: 1926
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Clay, Tile
  • Living Area: 1152.0
  • Stories: 12

Exterior Features

  • View: Garden, Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Security: Fire Sprinkler System
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1550.0
  • Community Features: Fitness Center, Game Room, Pool, Sauna
  • Senior Community: No
  • Amenities: Cabana, Clubhouse, Fitness Center, Pool, Sauna, Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434315270000307
  • Zoning Description: 0400

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9326.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 1, 2020
Sold by
Acevedo Alexander and Acevedo Laurel
Bought by
Leavitt Christopher
Seller's Agent
Chris Leavitt
Douglas Elliman
Buyer's Agent
Chris Leavitt
Douglas Elliman
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Total Days on Market
25
Current Estimated Value
$1,693,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$743,573
Avg. Annual Appreciation
12.50%
Original Mortgage
$580,000
Interest Rate
2.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1997
Sold by
Small Suzetta
Bought by
Small Corp
Source: Public Records

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Range of Values:

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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
Leavitt Christopher $950,000 Attorney
Small Corp $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leavitt Christopher $590,000
Closed Leavitt Christopher $580,000
Previous Owner Acevedo Alexander $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $950,000 -4.5% $825 / Sq Ft
06/10/2020 06/10/20 For Sale $995,000 0.0% $864 / Sq Ft
11/22/2019 11/22/19 Rented $50,000 +614.3% --
11/01/2019 11/01/19 For Rent $7,000 -86.0% --
11/01/2019 11/01/19 Rented $50,000 0.0% --
10/23/2019 10/23/19 Under Contract -- -- --
10/07/2019 10/07/19 For Rent $50,000 -- --
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 $10,423 $710,273 -- --
2023 $10,175 $689,585 $0 $0
2022 $10,171 $669,500 $0 $0
2021 $10,344 $650,000 $0 $650,000
2020 $9,174 $530,000 $0 $530,000
2019 $9,362 $530,000 $0 $530,000
2018 $8,922 $530,000 $0 $530,000
2017 $8,641 $530,000 $0 $0
2016 $7,407 $425,000 $0 $0
2015 $7,353 $405,000 $0 $0
2014 $7,449 $405,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10629727

BeachesMLS

APN: 50-43-43-15-27-000-0307