NOT LISTED FOR SALE

Estimated Value: $546,000 - $633,038

2 Beds
2 Baths
1,120 Sq Ft
$1,100/mo HOA Fee

Last Sold December 18, 2024

Last sale price $600,000 $536 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,223/month

88 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Heated Pool
  • McNab Elementary School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of December 2024

It's all about the Penthouse view AND...new AC unit Sept 2024, interior freshly painted, new carpet in bedrooms, slider and all windows hurricane-proof. The T stack is the only direct ocean view stack that has the popular split bedroom plan with a direct ocean view from both bedrooms and the living area. All closets have quality built-ins. Pet-friendly building. Easy to rent right away. On site management and maintenance and many amenities. Concrete restoration complete and new roof installed in 2023. Newly required ELSS (Emergency Life Support System) installation completed. Ocean Place is in great financial shape - no assessments planned for 2024 or 2025. Near all Ft Lauderdale and Pompano Beach have to offer. Lauderdale by the Sea has parks, shops, restaurants and community events.

Last Listed By

Margaret Loden

The Keyes Company Brokerage Phone: (941) 822-9563 License #3231996 Listed on: 09/21/2024

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,920

Year Built

  • Built in 1969

Lot Details

HOA Fees

  • $1,100 Monthly HOA Fees

Interior Spaces

  • 1,120 Sq Ft Home
  • Blinds
  • Florida or Dining Combination

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Over 1 Space Per Unit
  • Guest Parking

Outdoor Features

  • Heated Pool
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494307AP2550

Community Details

Overview

  • Association fees include common areas, hot water, insurance, laundry, parking, reserve fund, sewer, trash, water, internet
  • Ocean Place Subdivision
  • 15-Story Property

Amenities

  • Valet Parking
  • Picnic Area
  • Billiard Room
  • Community Library
  • Laundry Facilities
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,920

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,100 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Turn-in when you see the American Flag on the ocean side of A1A. Follow the sign to valet parking. We do ask that all guests valet park.
  • Year Built: 1969
  • Carport Y N: No
  • Entry Level: 15
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Closet Cabinetry, Family/Dining Room, Pantry, Split Bedrooms, Tub Shower, Walk-In Closet(s), Elevator
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Appliances: Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1120.0
  • Stories: 15
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Barbecue, Security/High Impact Doors
  • View: Ocean
  • Pool Features: Heated
  • Waterfront Features: Beach Access, Deeded Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, Two or More Spaces, Valet

Utilities

  • Laundry Features: Common Area
  • Security: Secured Garage/Parking, Key Card Entry, Lobby Secured, Fire Sprinkler System
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1100.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Fitness Center, Laundry, Library, Barbecue, Picnic Area, Pool, Sauna, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas, Hot Water, Insurance, Laundry, Parking, Reserve Fund, Sewer, Trash, Water, Internet

Lot Info

  • Parcel #: 494307AP2550

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9920.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2024
Closed on
Dec 18, 2024
Sold by
Famlee Ventures Llc
Bought by
Garrett Edward W and Garrett Vera
Seller's Agent
Margaret Loden
The Keyes Company
Buyer's Agent
Vincent Patalano
Compass Florida, LLC
List Price
$659,000
Sold Price
$600,000
Premium/Discount to List
-$59,000
-8.95%
Total Days on Market
88
Views
13
Current Estimated Value
$586,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,682
Avg. Annual Appreciation
-2.29%

Purchase Details

Closed on
Aug 6, 2010
Sold by
The Bank Of New York Mellon
Bought by
Kaplan Lee

Purchase Details

Closed on
May 11, 2010
Sold by
Smith Lorraine Lynn and Smith Isaac
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Feb 4, 2008
Sold by
Smith Lorraine Lyn and Estate Of Isaac Smith
Bought by
Ocean Place At Lauderdale By The Sea Con

Purchase Details

Closed on
Feb 17, 2005
Sold by
Kriete Ronald R and Kriete Kathleen A
Bought by
Smith Isaac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2004
Sold by
Windsor 1900 Llc
Bought by
Kriete Ronald R and Kriete Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,720
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

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
Garrett Edward W $600,000 Blade Title
Garrett Edward W $600,000 Blade Title
Kaplan Lee $291,000 Rels Title
The Bank Of New York Mellon -- Rels Title
Wells Fargo Bank $190,100 None Available
Ocean Place At Lauderdale By The Sea Con -- Attorney
Smith Isaac $629,000 Town & Country Title Guarant
Kriete Ronald R $510,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Isaac $503,200
Previous Owner Kriete Ronald R $408,720
Closed Kriete Ronald R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $600,000 -9.0% $536 / Sq Ft
09/21/2024 09/21/24 For Sale $659,000 -- $588 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $10,282 $564,140 $56,410 $507,730
2024 $9,920 $555,440 $55,540 $499,900
2023 $9,920 $529,700 $52,970 $476,730
2022 $8,784 $486,940 $0 $0
2021 $7,947 $442,680 $44,270 $398,410
2020 $8,458 $470,310 $47,030 $423,280
2019 $7,898 $435,470 $43,550 $391,920
2018 $7,634 $425,010 $42,500 $382,510
2017 $7,248 $392,670 $0 $0
2016 $6,869 $356,980 $0 $0
2015 $6,604 $324,530 $0 $0
2014 $6,308 $295,030 $0 $0
2013 -- $268,210 $26,820 $241,390
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10463379

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-07-AP-2550