NOT LISTED FOR SALE

Estimated Value: $21,064,057

1 Bed
1 Bath
612 Sq Ft
$34,418/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Mediterranean Architecture
  • Laundry Facilities
  • Palm Beach Public School Rated A-
  • Cooling Available
  • North Facing Home

About This Home

As of August 2013

This Mediterranean charmer is ideally located in the Heart of Palm Beach. The apts have updated appliances, new kitchen counter tops, reconditioned hardwood floors, new bathrooms, new a/c unit and impact windows. Move-in with ONLY: 1st Mo & $650 Security Dep.

Last Agent to Rent the Property

LETTY ALVAREZ

HALL REAL ESTATE License #SL-3161310 Listed on: 10/12/2012

Co-Listed By

STEVE HALL

HALL REAL ESTATE

Last Renter's Agent

LOIS BEAUCHER

Tina Fanjul Associates, Inc. License #SL-3263572

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $218,093

Year Built

  • Built in 1926

Lot Details

  • North Facing Home

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 612 Sq Ft Home
  • 3-Story Property
  • Fire and Smoke Detector

Kitchen

  • Single Oven
  • Electric Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $650
  • Rent includes water
  • 12 Month Lease Term
  • Assessor Parcel Number 50434322310000810

Community Details

Overview

  • 23 Units
  • Floral Park Community

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$218,093

Year Built

Built in 1926

Lot Details

0

Rental Info

  • Pets Other: 20lbs or less

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: N/A
  • Directions: Southeast corner of N County Rd and Sunset Ave.
  • Architectural Style: Mediterranean, Three + Story
  • Building Name: Floral Park
  • Year Built: 1926
  • Location Tax Legal:Name of Building: Floral Park
  • General Property Description:Living Area: 612.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Units in Complex: 23
  • General Property Description:_pound_ Floors: 3.0
  • Floors:Tile: Yes
  • Appliances Refrigerators: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Contract Information:Deposit Amount: 650.0
  • Pets:Pets Allowed: Yes
  • Lease Type:Annual: Yes
  • Style:Three Story: Yes
  • Laundry:Laundry in Bldg: Yes
  • Utilities Included:Water: Yes
  • Style:Mediterranean: Yes
  • ACHeat:Units Air: Yes
  • ACHeat:Units Heat: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range-Electric, Oven-Single
  • Total Bedrooms: 1
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Smoke Alarms
  • Living Area: 612.0
  • Stories: 3
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Smoke Alarms2: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No

Garage/Parking

  • Parking:Other14: Yes

Utilities

  • Laundry Features: Laundry in Bldg
  • Security: No Security
  • Heating: Units Air, Units Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water
  • Amenities: No Services

Lot Info

  • Parcel #: 50434322310000810

Multi Family

  • Number Of Units Total: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2022
Sold by
184 Sunset Lp
Bought by
184 Sunset Benchmark Lp
Current Estimated Value
$21,064,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Outstanding Balance
$7,622,828
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$13,441,229

Purchase Details

Closed on
May 4, 2010
Sold by
Colnaghi Daniel and Colnaghi Warren
Bought by
184 Sunset Lp

Purchase Details

Closed on
Aug 29, 2000
Sold by
Deveopment Bing
Bought by
Colnaghi Warren

Purchase Details

Closed on
Oct 27, 1994
Sold by
Reynolds Wiley R
Bought by
Bing Wilhelm

Purchase Details

Closed on
Jun 27, 1994
Sold by
1St Union Natl Bk Fl
Bought by
Reynolds Wiley R
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
184 Sunset Benchmark Lp $17,000,000 New Title Company Name
184 Sunset Lp $2,900,000 Attorney
Colnaghi Warren $1,725,000 --
Bing Wilhelm -- --
Reynolds Wiley R $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 184 Sunset Benchmark Lp $3,000,000
Open 184 Sunset Benchmark Lp $8,000,000
Previous Owner 184 Sunset Lp $3,700,000
Previous Owner 184 Sunset Lp $2,281,000
Previous Owner 184 Sunst Lp $2,000,000
Previous Owner 184 Sunset Lp $1,250,000
Previous Owner 184 Sunset Lp $2,030,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2013 08/28/13 Rented $1,295 0.0% --
07/29/2013 07/29/13 Under Contract -- -- --
10/12/2012 10/12/12 For Rent $1,295 -- --
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 $218,093 $13,871,992 -- --
2023 $219,199 $13,875,942 $9,200,000 $4,675,942
2022 $131,253 $4,838,258 $0 $0
2021 $82,372 $4,398,416 $2,453,864 $1,944,552
2020 $82,211 $4,322,706 $2,453,864 $1,868,842
2019 $80,670 $4,132,425 $2,337,013 $1,795,412
2018 $76,469 $4,014,747 $2,268,945 $1,745,802
2017 $75,068 $3,840,782 $2,160,900 $1,679,882
2016 $69,575 $3,621,842 $0 $0
2015 $66,590 $3,337,930 $0 $0
2014 $61,852 $3,034,482 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-2245

APN: 50-43-43-22-31-000-0810