NOT LISTED FOR SALE

Estimated Value: $153,800 - $179,000

-- Bed
1 Bath
-- Sq Ft
392 Sq Ft Lot

Last Sold March 01, 2013

Last sale price $77,500

Est. 129% increase in value since last sale

Current estimated payment $1,200/month

83 Days on Market

Highlights

  • Ocean Front
  • Building is beachfront but unit may not have water views
  • Sauna
  • Unit is on the top floor
  • Deck
  • Corner Lot

About This Home

As of March 2013

EVER DREAMED OF LIVING ON THE PENTHOUSE FLOOR? Here is your chance!! Atlantic Palace Studio with incredible ocean views! This is where it's at. A must-see to believe. Full-service building with 24. hr security, direct boardwalk access, sauna, pool, gym, game room, restaurant, laundry and more. This is your private getaway just blocks to the new casino, REVEL. Call today!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 10/19/2012

BHHS FOX and ROACH-Margate

Co-Listed By

Todd Gordon

BHHS FOX and ROACH-Margate III License #0230073

BHHS FOX and ROACH-Margate III

Last Buyer's Agent

Todd Gordon

BHHS FOX and ROACH-Margate III License #0230073

BHHS FOX and ROACH-Margate III

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,762

Lot Details

  • Building is beachfront but unit may not have water views
  • Ocean Front

Property Views

  • Water
  • Pool

Interior Spaces

  • 1 Full Bathroom
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Microwave

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Unit is on the top floor

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water
  • Atlantic Palace Condos
  • 11-Story Property

Amenities

  • Sauna
  • Courtesy Bus
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,762

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Apartments
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Pool View, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Bus Service, Cable Tv, Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Pool, Sauna, Security, Whirlpool/Spa

Utilities

  • Air Conditioner: Wall Units
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water
  • Condo Name: Atlantic Palace
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front, Corner, Ocean Front, Boardwalk Area

Multi Family

  • Unit Features: Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2025
Sold by
Maher Eric C and Maher Pamela
Bought by
Flagship Resort Development Corporation
Current Estimated Value
$177,204

Purchase Details

Closed on
Apr 1, 2022
Sold by
Armin Haynes
Bought by
Haynes Patricia Braithwaite and Haynes Shonnel

Purchase Details

Closed on
Sep 13, 2021
Sold by
Pirino Janet E
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
Oct 22, 2019
Sold by
Fisher Ellen M
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
May 10, 2019
Sold by
Manscur Linda
Bought by
Manscur Rachel

Purchase Details

Closed on
Jan 11, 2019
Sold by
Jenkins Mildred E
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
Jul 21, 2016
Sold by
Flagship Resort Development Corporatio
Bought by
Strickland Dakota and Hagans Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,200
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2016
Sold by
Flagship Resort Development Corporatio
Bought by
Cobbs Curtis and Cobbs Ruby D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,610
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 1987
Bought by
Atlantic Palace Development, Llc
Source: Public Records

Range of Values:

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Average Value
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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
Flagship Resort Development Corporation -- Marina Title
Haynes Patricia Braithwaite -- None Listed On Document
Flagship Resort Development Corporation -- Accommodation/Courtesy Recordi
Flagship Resort Development Corporation -- Marina Title Llc
Manscur Rachel -- None Available
Flagship Resort Development Corporation -- Marina Title Agency
Strickland Dakota -- --
Cobbs Curtis -- --
Atlantic Palace Development, Llc $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maher Eric C $12,150
Previous Owner Heraman Mukesh $6,500
Previous Owner Porter Claude $7,200
Previous Owner Taylor Tutein Brenda K $11,610
Previous Owner Hampton Trenda $12,510
Previous Owner Strickland Dakota $7,110
Previous Owner Cobbs Curtis $7,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2013 03/01/13 Sold $77,500 0.0% --
01/10/2013 01/10/13 Pending -- -- --
10/19/2012 10/19/12 For Sale $77,500 -- --
Source: South Jersey Shore Regional MLS

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 $2,762 $80,000 $55,000 $25,000
2023 $3,588 $80,000 $55,000 $25,000
2022 $3,588 $95,000 $55,000 $40,000
2021 $4,389 $112,500 $65,000 $47,500
2020 $4,426 $112,500 $65,000 $47,500
2019 $2,486 $62,400 $31,200 $31,200
2018 $2,205 $62,400 $31,200 $31,200
2017 $2,135 $62,400 $31,200 $31,200
2016 $2,409 $62,400 $31,200 $31,200
2015 $2,135 $62,400 $31,200 $31,200
2014 $6,401 $191,200 $125,000 $66,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 402374

South Jersey Shore Regional MLS

APN: 02-00050-0000-00031-0000-C3106