$2,084,425
SOLD JUL 31, 2020
3 Beds
3.5 Baths
3,041 Sq Ft
$5,000/mo HOA Fee

Recently Sold

$685 Per Sq Ft

24% Below List Price

118 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Roman Tub
  • Palm Beach Public School Rated A-
  • Property has ocean access
  • Marble Flooring

About This Home

As of July 2020

Beautiful Penthouse Apartment in one of Palm Beach's most exclusive Oceanfront Buildings. Private Elevator opens to an expansive entertaining and dining area with wrap around balconies and partial ocean views. 3 Bedrooms, 3 1/2 Baths. Includes a Deeded Beach Cabana accessed via a Private Tunnel and Pool Area. Only 15 Apartments in Building. Unique opportunity to put your finishing touches on this one of a kind rarely available apartment.

Last Agent to Sell the Property

Paul Bergman

Douglas Elliman License #3248699 Listed on: 03/04/2020

Douglas Elliman

Last Buyer's Agent

Lynn Warren

Sotheby's Intl. Realty, Inc. License #497454

Sotheby's Intl. Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,407

Year Built

  • Built in 1980

HOA Fees

  • $5,000 Monthly HOA Fees

Interior Spaces

  • 3,041 Sq Ft Home
  • High Ceiling
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Parking

  • Covered Parking
  • Assigned Parking

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Additional Features

  • Property has ocean access
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 504315230006010

Community Details

Overview

  • Association fees include cable TV, parking, sewer, water
  • 15 Units
  • Number One North Ocean Co Subdivision
  • 6-Story Property

Amenities

  • Doorman

Recreation

  • Community Pool
  • Trails

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,407

Year Built

Built in 1980

Lot Details

0

HOA Fees

$5,000 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95, Okeechobee East, North on County Road, right on Sunrise
  • Year Built: 1980
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Elevator, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble, Other
  • Living Area: 3041.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 6

Exterior Features

  • View: Ocean, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Covered

Utilities

  • Laundry Features: Laundry Tub
  • Security: Door Man, Fire Sprinkler System
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 5000.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Management, Pool, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Cable TV, Parking, Sewer, Water

Lot Info

  • Parcel #: 504315230006010
  • Zoning Description: RD-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 27407.0

Multi Family

  • Number Of Units In Community: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jul 29, 2020
Sold by
Duhl Shirley K and Duhl Shirley K
Bought by
Fairbanks Vera L and The Vera L Fairbanks Revocable
Seller's Agent
Paul Bergman
Douglas Elliman
Buyer's Agent
LYNN WARREN
MCCANN COYNER CLARKE
List Price
$2,084,425
Sold Price
$2,084,425
Total Days on Market
118
Current Estimated Value
$5,292,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,207,716
Avg. Annual Appreciation
21.28%

Purchase Details

Listed on
Feb 13, 2012
Closed on
May 30, 2012
Sold by
Abramsom Gary M and The Albert Abramson Revocable
Bought by
Duhl Shirley K and Shirley K Duhl Revocable Trust
Seller's Agent
SUSAN POLAN, P.A.
Illustrated Properties LLC PB
Buyer's Agent
SUSAN POLAN, P.A.
ILLUSTRATED PROPERTIES REAL ESTATE, INC.-PB
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
Nov 8, 2002
Sold by
Abramson Albert
Bought by
Abramson Albert and The Albert Abramson Revocable Trust
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
Deed $2,084,425 Attorney
Deed $1,100,000 Universal Land Title Of The
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $2,084,425 0.0% $685 / Sq Ft
07/31/2020 07/31/20 Sold $2,084,425 0.0% $685 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/01/2020 07/01/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $2,084,425 -24.4% $685 / Sq Ft
03/04/2020 03/04/20 For Sale $2,759,000 +150.8% $907 / Sq Ft
06/01/2012 06/01/12 Sold $1,100,000 0.0% $362 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $1,100,000 -- $362 / 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 $27,438 $1,852,173 -- --
2023 $26,850 $1,798,226 $0 $0
2022 $26,880 $1,745,850 $0 $0
2021 $27,335 $1,695,000 $0 $1,695,000
2020 $27,599 $1,645,000 $0 $1,645,000
2019 $27,515 $1,645,000 $0 $1,645,000
2018 $26,803 $1,645,000 $0 $1,645,000
2017 $25,031 $1,510,000 $0 $0
2016 $24,133 $1,318,900 $0 $0
2015 $23,913 $1,199,000 $0 $0
2014 $19,879 $1,090,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10606405

BeachesMLS

APN: 50-43-43-15-23-000-6010