$2,535,000
SOLD JUL 2, 2015
3 Beds
3 Baths
2,290 Sq Ft
$2,577/mo HOA Fee

Recently Sold

$1,107 Per Sq Ft

69 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • Tennis Courts

About This Home

As of January 2023

Live luxuriously in this full service, pet-friendly building located directly on the intracoastal. 24 hour doorman, valet, security, heated swimming pool, tennis and more. This exquisite, remodeled 6th floor residence has spectacular ocean and city views, 3 bedroom/3 baths and plenty of living space. This masterpiece has an open kitchen complete with premium S.S. Viking appliances and custom lighting in every room. Beautiful marble baths and marble flooring throughout. Brand new cooling system and hot water heater. The laundry room is equipped with high-end washer/dryer. This magnificent sun-filled unit has been newly remodeled with impeccable attention to every detail. Immaculate, turn-key. Lives like a house!

Last Agent to Sell the Property

LISA THOMPSON

The Corcoran Group License #SL-3265744 Listed on: 02/03/2015

Last Buyer's Agent

Paulette Koch

The Corcoran Group License #3068398

The Corcoran Group

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $7,242

Year Built

  • Built in 1926

Lot Details

  • Home has sun exposure from multiple directions

HOA Fees

  • $2,577 Monthly HOA Fees

Interior Spaces

  • 2,290 Sq Ft Home
  • Dining Room
  • Storage
  • Utility Room
  • Home Gym
  • Marble Flooring
  • Fire and Smoke Detector

Kitchen

  • Single Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Open Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Tennis Courts

Utilities

  • Central Heating and Cooling System
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434315270000616

Community Details

Overview

  • Association fees include insurance, cable TV, common area, trash, pest control, sewer, water
  • 128 Units
  • Pb Biltmore Community
  • 11-Story Property

Amenities

  • Doorman
  • Common Area
  • Clubhouse
  • Lobby

Recreation

  • Bike Trail

Pet Policy

  • Pet Restriction

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$7,242

Year Built

Built in 1926

Lot Details

0

HOA Fees

$2,577 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Over to Palm Beach, to Cocoanut Row north to Bradley Place - across from Publix
  • Building Name: PB Biltmore
  • Year Built: 1926
  • Location Tax Legal:Name of Building: PB Biltmore
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 7242.14
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 2290.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 2577.28
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 128
  • General Property Description:_pound_ Floors: 11.0
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Marble: Yes
  • Security:Security Guards: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Unit:ICW-Across Bike Path2: Yes
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Services Included:Club Facilities: Yes
  • Interior Features:Water Softener: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Microwave, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Marble
  • Interior Amenities: Cable, Storage, Smoke Alarms, Water Softener
  • Living Area: 2290.0
  • Stories: 11
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Ocean Access- Deeded, Tennis Court - Clay, Tennis Court Lighted, Exercise Room, Lobby
  • Exterior Features:Tennis Court Lighted: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Tennis Court-Clay: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_one_ Car2: Yes
  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security Guards, Other Security, Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Club Facilities, Exercise Facility, Other Services
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434315270000616
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 128
  • Maintenance Expense: 2577.28

Tax Info

  • Tax Annual Amount: 7242.14
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Jan 23, 2023
Sold by
Leeds Laurence C
Bought by
Laurence C Leeds Jr Revocable Trust
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
Fern Fodiman
Sotheby's Intl. Realty, Inc.
List Price
$6,250,000
Sold Price
$6,000,000
Premium/Discount to List
-$250,000
-4%
Total Days on Market
69
Views
13
Current Estimated Value
$7,063,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,063,374
Avg. Annual Appreciation
7.13%

Purchase Details

Listed on
Sep 19, 2022
Closed on
Jan 17, 2023
Sold by
Krakoff Roger L and Krakoff Lisa K
Bought by
Leeds Laurence C
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
Fern Fodiman
Sotheby's Intl. Realty, Inc.
List Price
$6,250,000
Sold Price
$6,000,000
Premium/Discount to List
-$250,000
-4%
Views
13

Purchase Details

Closed on
Jun 2, 2022
Sold by
Roger Krakoff
Bought by
Krakoff Roger L and Krakoff Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2015
Closed on
Jul 2, 2015
Sold by
Krakoff Sandra G
Bought by
Stein Timothy D and Sandra G Krakoff Qualified Personal Resi
Seller's Agent
LISA THOMPSON
The Corcoran Group
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$2,535,000
Sold Price
$2,535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 3, 2015
Closed on
Jun 24, 2015
Sold by
Dunleavy Kevin B and Dunleavy Candise
Bought by
Krakoff Sandra G
Seller's Agent
LISA THOMPSON
The Corcoran Group
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$2,535,000
Sold Price
$2,535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 12, 2013
Closed on
May 8, 2013
Sold by
Hoffman Arnold J and Hoffman Helen G
Bought by
Dunleavy Kevin B and Dunleavy Candise
Seller's Agent
Linda Pantano
The Corcoran Group
Buyer's Agent
Susan Furman
Linda A. Gary Real Estate
List Price
$1,795,000
Sold Price
$1,150,000
Premium/Discount to List
-$645,000
-35.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.93%
Original Mortgage
$700,000
Interest Rate
2.4%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $6,000,000 Trident Title
Special Warranty Deed -- Holland & Knight Llp
Special Warranty Deed -- Holland & Knight Llp
Deed -- Holland & Knight Llp
Interfamily Deed Transfer $1,000,000 Attorney
Warranty Deed $2,535,000 Attorney
Warranty Deed $1,150,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 New Conventional
Previous Owner $1,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $700,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $6,000,000 -4.0% $2,620 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $6,250,000 +146.5% $2,729 / Sq Ft
07/02/2015 07/02/15 Sold $2,535,000 0.0% $1,107 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $2,535,000 +120.4% $1,107 / Sq Ft
05/15/2013 05/15/13 Sold $1,150,000 -35.9% $500 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $1,795,000 -- $781 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $76,690 $5,150,000 -- --
2023 $77,418 $5,150,000 $0 $5,150,000
2022 $19,066 $1,263,981 $0 $0
2021 $19,359 $1,227,166 $0 $0
2020 $19,736 $1,210,223 $0 $0
2019 $19,690 $1,183,014 $0 $0
2018 $18,699 $1,160,956 $0 $0
2017 $18,699 $1,137,077 $0 $0
2016 $18,561 $1,113,690 $0 $0
2015 $20,520 $1,140,000 $0 $0
2014 $20,786 $1,140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-281

APN: 50-43-43-15-27-000-0616