NOT LISTED FOR SALE

Estimated Value: $6,598,000 - $6,686,711

3 Beds
4 Baths
3,036 Sq Ft
$2,187/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $2,850,000 $939 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $44,197/month

50 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Cabana
  • Balcony

About This Home

As of March 2019

BREATHTAKING DIRECT OCEAN VIEWS ABOUND FROM THIS LUXURY APARTMENT IN SMALL OCEANFRONT BOUTIQUE BUILDING. PRIVATE ELEVATOR OPENS TO SPACIOUS APARTMENT WITH 3 BEDROOMS + OFFICE & 4 ½ BATHS. UNOBSTRUCTED OCEAN VIEWS FROM EVERY WINDOW AS YOU STEP OFF THE ELEVATOR INTO THIS INCREDIBLE SPACE. BEST TIER IN BUILDING. EXPANSIVE WRAP AROUND TERRACE. INCLUDES OCEANFRONT BEACH CABANA ACCESSED VIA PRIVATE TUNNEL FROM BUILDING TO OCEAN AND BEACH. RARE OPPORTUNITY TO MAKE THIS GEM YOUR OWN

Last Agent to Sell the Property

Cappy Abraham

Palm Beach Residential Properties, LLC License #CQ1021371 Listed on: 12/21/2018

Last Buyer's Agent

Cappy Abraham

Palm Beach Residential Properties, LLC License #CQ1021371 Listed on: 12/21/2018

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $39,211

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • Home fronts a seawall
  • East Facing Home

HOA Fees

  • $3,667 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • Dining Area
  • Hurricane or Storm Shutters

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Cabana
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Bulkhead
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5043431523000503

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, sewer, water
  • 15 Units
  • One North Ocean Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$39,211

Year Built

Built in 1980

Lot Details

0

HOA Fees

$3,667 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: NORTH ON COUNTY ROAD - TURN RIGHT ON SUNRISE AVENUE - BUILDING WILL BE ON YOUR LEFT.
  • Building Name: One North Ocean
  • Year Built: 1980
  • Location Tax Legal:Name of Building: One North Ocean
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 39211.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 11000.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 15
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: 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
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Maintenance Includes:Cable TV: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Cable
  • Stories: 6
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Cabana, Seawall/Bulkhead, Ocean Access- Deeded, Storm Shutters- Auto, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:SeawallBulkhead2: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 5043431523000503
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 15
  • Maintenance Expense: 11000.0

Tax Info

  • Tax Annual Amount: 39211.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2018
Closed on
Mar 6, 2019
Sold by
Revo Boas Andrew M and Revo Marjorie Boas Levins 2013
Bought by
Spatt Robert
Seller's Agent
Cappy Abraham
Palm Beach Residential Properties, LLC
Buyer's Agent
Cappy Abraham
Palm Beach Residential Properties, LLC
List Price
$2,850,000
Sold Price
$2,850,000
Total Days on Market
50
Current Estimated Value
$6,640,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,790,178
Avg. Annual Appreciation
14.57%
Original Mortgage
$675,000
Outstanding Balance
$588,717
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,051,461

Purchase Details

Closed on
Oct 21, 2013
Sold by
Boas Marjorie M and Levins Marjorie Boas
Bought by
Boas Andrew M
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
Spatt Robert $2,850,000 Attorney
Boas Andrew M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spatt Robert $675,000
Closed Spatt Robert $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2019 03/11/19 Sold $2,850,000 0.0% $939 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
12/21/2018 12/21/18 For Sale $2,850,000 -- $939 / 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 $39,066 $2,659,260 -- --
2023 $38,273 $2,581,806 $0 $0
2022 $38,328 $2,506,608 $0 $0
2021 $38,942 $2,433,600 $0 $0
2020 $39,031 $2,400,000 $0 $2,400,000
2019 $40,524 $2,400,000 $0 $2,400,000
2018 $39,211 $2,400,000 $0 $2,400,000
2017 $47,491 $2,970,000 $0 $0
2016 $46,511 $2,508,935 $0 $0
2015 $46,135 $2,280,850 $0 $0
2014 -- $2,073,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-2526

APN: 50-43-43-15-23-000-5030