NOT LISTED FOR SALE

Estimated Value: $1,460,000 - $2,336,271

2 Beds
2.5 Baths
1,960 Sq Ft
$979/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Kitchen Island
  • McKinley Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Now offered for lease, this is a once in a lifetime opportunity to live in an elegant penthouse atop one of Burlingame's most iconic buildings. Inside is 1,960 Square feet of luxurious living space, including 2 sumptuous primary bedroom suites, both with private decks, large formal living and dining rooms, chef's kitchen and adjacent family room opening onto an expansive deck. Total two baths and one guest bath. Perfect location 2 blocks from Downtown Burlingame shopping and dining. Common backyard with outdoor kitchen. 2 gated parking places. Storage locker. Built in 2008, The Floribunda was designed by architect, John Stewart and built by Thorenfeldt construction to exceptional standards of construction and design quality. From approaching the entry, to entering the five star hotel lobby, one is entering a rare realm of luxury and elegance.

Last Agent to Rent the Property

Edward Stephens

Coldwell Banker Realty License #00462186 Listed on: 06/28/2024

Coldwell Banker Realty

Last Renter's Agent

Edward Stephens

Coldwell Banker Realty License #00462186 Listed on: 06/28/2024

Coldwell Banker Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $24,548

Year Built

  • 2008

Lot Details

  • 0.32

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

Listing and Financial Details

  • Security Deposit $9,500
  • Property Available on 8/1/24
  • Rent includes association fees, gardener, laundry facilities, trash removal
  • 12-Month Lease Term

Property Details

Home Type

Apartment

Est. Annual Taxes

$24,548

Year Built

2008

Lot Details

0

Parking

2

Rental Info

  • Available: 08/01/2024
  • Lease Terms: Credit Report Required, Deposit Required
  • Maximum Lease Months: 12
  • Minimum Lease Months: 12
  • Rent Includes: Association Fees, Gardener, Laundry Facilities, Trash Removal
  • Security Deposit: 9500

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Age: 16
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2008

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Dishwasher, Island, Microwave, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1960
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas

Schools

  • School District: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Bruce L Maltz Family Trust
Bought by
Bruce L Maltz Family Trust
Current Estimated Value
$1,919,568

Purchase Details

Closed on
Jan 16, 2020
Sold by
Maltz Bruce L
Bought by
Maltz Bruce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2019
Sold by
Kantor Kari
Bought by
Kari Kantor Trust

Purchase Details

Closed on
Dec 27, 2016
Sold by
Schwartz Gary A and Schwartz Tracy L
Bought by
Maltz Bruce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2013
Sold by
Thorenfeldt Bo
Bought by
Schwartz Gary A and Schwartz Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,226,250
Interest Rate
2.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Bruce L Maltz Family Trust -- Barulich Dugoni & Suttmann Law
Maltz Bruce L -- Amrock Inc
Kari Kantor Trust -- None Available
Maltz Bruce L $2,500,000 Fidelity National Title Co
Schwartz Gary A $1,635,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bruce L Maltz Family Trust $942,800
Previous Owner Maltz Bruce L $999,000
Previous Owner Maltz Bruce L $1,500,000
Previous Owner Schwartz Gary A $117,900
Previous Owner Schwartz Gary A $1,226,250
Previous Owner Thorenfeldt Bo $3,315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Rented $9,500 0.0% --
07/08/2024 07/08/24 Under Contract -- -- --
06/28/2024 06/28/24 For Rent $9,500 -- --
Source: MLSListings

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
2025 $24,548 $2,200,000 $659,500 $1,540,500
2023 $24,548 $2,012,000 $604,000 $1,408,000
2022 $23,219 $2,075,000 $622,500 $1,452,500
2021 $20,917 $1,830,000 $549,000 $1,281,000
2020 $30,008 $2,653,020 $795,906 $1,857,114
2019 $29,405 $2,601,000 $780,300 $1,820,700
2018 $29,095 $2,550,000 $765,000 $1,785,000
2017 $28,884 $2,500,000 $750,000 $1,750,000
2016 $19,397 $1,700,783 $510,234 $1,190,549
2015 $19,313 $1,675,236 $502,570 $1,172,666
2014 $19,033 $1,642,422 $492,726 $1,149,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81971423

MLSListings

APN: 123-700-080