NOT LISTED FOR SALE

Estimated Value: $5,248,000 - $6,639,487

3 Beds
3.5 Baths
2,835 Sq Ft
1.18 Acres

Last Sold March 27, 2014

Last sale price $3,600,000 $1,270 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $35,714/month

55 Days on Market

Highlights

  • Ocean Front
  • Community Cabanas
  • Roman Tub
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

As of March 2014

So magnificent that words cannot describe this complete reconfigured, newly constructed and decorated, bring your toothbrush unit. Not direct oceanfront, the southeast exposure affords ocean view from every room. Great room, two large master suites and a flex 3rd bedroom.

Last Agent to Sell the Property

Susan Polan

Douglas Elliman License #550879 Listed on: 12/31/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,169

Year Built

  • Built in 1980

Lot Details

  • 1.18

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 2,835 Sq Ft Home
  • Built-In Features
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Marble Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Heat Strip
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Property has ocean access
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 50434315230004020

Community Details

Overview

  • High-Rise Condominium
  • Number One North Ocean Co Subdivision
  • 6-Story Property

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,169

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: COUNTY ROAD TO SUNRISE AVENUE EAST TO OCEAN, ENTRANCE ON THE LEFT.
  • Year Built: 1980
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Entrance Foyer, Garden Tub/Roman Tub, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Other
  • Living Area: 2835.0
  • Dining Room Type: Great Room, Laundry
  • Stories: 6
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: No
  • Construction Type: Block

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Strip
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Cabana, Fitness Center, Pool, Trail(s), Trash
  • Pets Allowed: No

Lot Info

  • Parcel #: 50434315230004020
  • Zoning Description: Condo
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 27169.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2013
Closed on
Mar 27, 2014
Sold by
Abramson Jeffrey S and Albert Abramson Revocable Trus
Bought by
Brock Macon
Seller's Agent
Susan Polan
Douglas Elliman
List Price
$3,800,000
Sold Price
$3,600,000
Premium/Discount to List
-$200,000
-5.26%
Total Days on Market
55
Current Estimated Value
$6,015,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,415,162
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Nov 8, 2002
Sold by
Abramson Albert
Bought by
Abramson Albert and The Albert Abramson Revocable Trust

Purchase Details

Closed on
Aug 21, 1997
Sold by
Harvey L Werner Tr and Violet M Werner Tr
Bought by
Abramson Alabert

Purchase Details

Closed on
Jul 11, 1996
Sold by
Werner Harvey L and Werner Violet M
Bought by
Werner Harvey L
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
Brock Macon $3,600,000 First American Title Ins Co
Abramson Albert -- --
Abramson Alabert $1,150,000 --
Werner Harvey L $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2014 03/27/14 Sold $3,600,000 -5.3% $1,270 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
12/31/2013 12/31/13 For Sale $3,800,000 -- $1,340 / 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 $45,505 $2,508,935 -- --
2023 $44,089 $2,280,850 $0 $0
2022 $41,267 $2,073,500 $0 $0
2021 $30,680 $1,885,000 $0 $1,885,000
2020 $30,361 $1,835,000 $0 $1,835,000
2019 $31,007 $1,835,000 $0 $1,835,000
2018 $30,003 $1,835,000 $0 $1,835,000
2017 $39,824 $2,385,000 $0 $0
2016 $41,119 $2,385,000 $0 $0
2015 $42,824 $2,385,000 $0 $0
2014 $30,496 $1,650,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10004056

BeachesMLS

APN: 50-43-43-15-23-000-4020