$5,077,000
SOLD APR 3, 2025
3 Beds
3 Baths
1,944 Sq Ft
$3,023/mo HOA Fee

Recently Sold

$2,612 Per Sq Ft

22% Below List Price

275 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Wood Flooring
  • Central Heating and Cooling System
  • Palm Beach Public School Rated A-
  • Community Pool
  • Washer and Dryer

About This Home

As of April 2025

Rarely available three bedroom, three bathroom with Intracoastal views from every room. Gracious landmark building offering superior amenities - tennis courts, boat dock, beach club and 24 hour staff.

Last Agent to Sell the Property

Jeffrey Cloninger

Sotheby's Intl. Realty, Inc. License #619094 Listed on: 06/11/2024

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Darlene Streit

The Corcoran Group License #3496596

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $51,591

Year Built

  • Built in 1926

HOA Fees

  • $3,023 Monthly HOA Fees

Home Design

  • 1,944 Sq Ft Home

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks

Additional Features

  • Washer and Dryer
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434315270000705

Community Details

Overview

  • Palm Beach Biltmore Condo Subdivision
  • 11-Story Property

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$51,591

Year Built

Built in 1926

Lot Details

0

HOA Fees

$3,023 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1926
  • Entry Level: 7
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Hardwood, Other, Wood
  • Living Area: 1944.0
  • Stories: 11

Exterior Features

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

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 3023.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 50434315270000705
  • Zoning Description: C-TS(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 51591.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Apr 3, 2025
Sold by
Pahlavi Sarvenaz
Bought by
Berger Seth and Berger Ilyse
Seller's Agent
Jeffrey Cloninger
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Darlene Streit
The Corcoran Group
List Price
$6,500,000
Sold Price
$5,077,000
Premium/Discount to List
-$1,423,000
-21.89%
Views
47
Current Estimated Value
$5,078,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,862
Avg. Annual Appreciation
-0.26%
Original Mortgage
$3,000,000
Outstanding Balance
$2,993,418
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$2,078,919

Purchase Details

Closed on
Apr 29, 2011
Sold by
Pahlavi Pari Sima and Pahlavi Kamyar
Bought by
Pahlavi Kamyar and The Pari Sima Pahlavi Irrevocable Qualif

Purchase Details

Closed on
Jun 2, 2010
Sold by
Pahlavi Pari Sima
Bought by
Pahlavi Pari Sima and Pahlavi Kamyar

Purchase Details

Closed on
Dec 31, 2008
Sold by
Freeman Deena Nancy and Freeman Seymour
Bought by
Phalavi Pari Sima

Purchase Details

Closed on
Sep 29, 2003
Sold by
Iovino Thomas and Iovino Judith
Bought by
Morgan Deena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2001
Sold by
Miriam Harpel I
Bought by
Iovino Thomas and Iovino Judith

Purchase Details

Closed on
Nov 7, 1995
Sold by
Pr Ronald S Kochman
Bought by
Harpel Miriam
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 -- None Listed On Document
Warranty Deed $5,077,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $2,500,000 Attorney
Warranty Deed $1,450,000 --
Warranty Deed $995,000 --
Deed $550,000 --
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $1,015,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $5,077,000 -12.5% $2,612 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
01/17/2025 01/17/25 Price Changed $5,800,000 -10.8% $2,984 / Sq Ft
12/10/2024 12/10/24 For Sale $6,500,000 +28.0% $3,344 / Sq Ft
12/09/2024 12/09/24 Off Market $5,077,000 -- --
06/11/2024 06/11/24 For Sale $6,500,000 -- $3,344 / 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 $53,410 $3,108,204 -- --
2023 $51,591 $2,825,640 $0 $4,230,000
2022 $47,147 $2,568,764 $0 $0
2021 $41,181 $2,800,000 $0 $2,800,000
2020 $35,476 $2,175,000 $0 $2,175,000
2019 $32,965 $1,980,000 $0 $1,980,000
2018 $29,582 $1,890,000 $0 $1,890,000
2017 $28,662 $1,890,000 $0 $0
2016 $25,037 $1,450,000 $0 $0
2015 $24,372 $1,355,000 $0 $0
2014 $26,865 $1,475,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10995274

BeachesMLS

APN: 50-43-43-15-27-000-0705