$1,150,000
SOLD MAY 15, 2013
3 Beds
3 Baths
2,298 Sq Ft
$2,551/mo HOA Fee

Recently Sold

$500 Per Sq Ft

36% Below List Price

61 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Community Pool
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of January 2023

Broad Ocean and City views from spacious 3 BR/3BA unit. Prestigious full service building offers 24 hour doorman,covered parking, spectacular pool,clay tennis court and newly updated exercise room. Beach club w/ restuarant. Boat dockage available.

Last Agent to Sell the Property

Linda Pantano

The Corcoran Group License #3217246 Listed on: 02/12/2013

The Corcoran Group

Last Buyer's Agent

Susan Furman

Linda A. Gary Real Estate License #677785

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,224

Year Built

  • Built in 1926

Lot Details

  • East Facing Home

HOA Fees

  • $2,551 Monthly HOA Fees

Interior Spaces

  • 2,298 Sq Ft Home
  • Built-In Features

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434315270000616

Community Details

Overview

  • Palm Beach Biltmore Condo Subdivision
  • 11-Story Property

Recreation

  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,224

Year Built

Built in 1926

Lot Details

0

HOA Fees

$2,551 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I 95 to Okeechobee Blvd. East to Palm Beach. First left after bridge
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Wood
  • Living Area: 2298.0
  • Dining Room Type: Storage Room
  • Stories: 11

Exterior Features

  • View: Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Construction Type: Other
  • Direction Faces: East

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2551.0
  • Community Features: Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Lot Info

  • Parcel #: 50434315270000616
  • Zoning Description: R1

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 7224.0

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%
Views
13
Current Estimated Value
$6,653,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,673
Avg. Annual Appreciation
4.17%

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
10.05%
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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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: 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 $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: BeachesMLS

MLS Number: R3344890

BeachesMLS

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