NOT LISTED FOR SALE

Estimated Value: $536,696 - $591,000

1 Bed
1 Bath
927 Sq Ft
2005 Built

Sale Details

Date Sold: September 24, 2020

Last sale price $360,000 $388 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,833 / mo

40 Days on Market

Highlights

  • Loft
  • Elevator
  • Family Room
  • Community Center
  • Central Heating and Cooling System
  • East Facing Home

About This Home

As of September 2020

Welcome to this beautiful one bedroom one bathroom loft space in the heart downtown Delray Beach, just a quick walk to all that Atlantic Ave has to offer & only 5 minutes away from the beach. This loft is located on the desirable & rare penthouse floor. The Interior features custom stained concrete flooring, granite counter tops and stainless steel appliances in the kitchen. Also, exquisite design elements of a true loft including volume ceilings, open light and bright floor-plan and wonderful design details. Enjoy the open balcony through french doors off of the living room. Ocean City Lofts features resort style south beach feel, rooftop pool/party/bbq area. Building has secure lobby and bike storage.

Last Buyer's Agent

Gary Hadida

Sutter & Nugent LLC License #3445480

Sutter & Nugent LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,196

Year Built

  • Built in 2005

Lot Details

  • East Facing Home

HOA Fees

  • $308 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 927 Sq Ft Home
  • 4-Story Property
  • Family Room
  • Loft
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434616h90014070

Community Details

Overview

  • Ocean City Lofts Condo Subdivision
  • Mandatory home owners association

Amenities

  • Community Center
  • Party Room
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,196

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

HOA Fees

$308 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Directions: FROM ATLANTIC AVE TURN ONTO NE 4TH, OCEAN CITY LOFTS WILL BE ON THE LEFT HAND SIDE.
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Building Stories: 4
  • Structure Type: Condo
  • Subdivision Name: OCEAN CITY LOFTS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 360000
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: No Interior Features, Family Room, Loft
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 927
  • Stories: 4
  • Bedroom Features: None
  • Living Room Features: Family Room, Loft
  • Master Bathroom Features: None

Exterior Features

  • Construction Type: Concrete Block Construction
  • Direction Faces: East
  • Other Structures: Livable
  • Pool Private: No
  • View: No
  • Waterfront: No

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 308
  • Amenities: Community Room, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Mandatory Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 12434616h90014070
  • Zoning: A

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5196

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 22, 2020
Sold by
Bought by
Buyer's Agent
Gary Hadida
Sutter & Nugent LLC
List Price
$374,999
Sold Price
$360,000
Premium/Discount to List
-$14,999
-4%
Current Estimated Value
$556,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,424
Avg. Annual Appreciation
7.71%
Original Mortgage
$240,000
Outstanding Balance
$208,584
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$347,840

Purchase Details

Closed on
May 5, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Delray Beach, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$360,000 Attorney
$243,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $240,000
Previous Owner $194,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/24/2020 09/24/20 Sold $360,000 -4.0% $388 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $374,999 -- $405 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,530 $331,703
2024 $5,530 $322,355
2023 $5,517 $312,966 $0 $0
2022 $7,078 $340,200 $0 $0
2021 $5,469 $295,000 $0 $295,000
2020 $5,447 $250,000 $0 $250,000
2019 $5,197 $240,000 $0 $240,000
2018 $5,110 $290,000 $0 $290,000
2017 $4,860 $280,000 $0 $0
2016 $4,700 $175,450 $0 $0
2015 $4,478 $159,500 $0 $0
2014 $3,479 $145,000 $0 $0
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10639338

MIAMI REALTORS® MLS

APN: 12-43-46-16-H9-001-4070

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