NOT LISTED FOR SALE

2 Water Club Way Unit 1001 North Palm Beach, FL 33408

Estimated Value: $2,233,479 - $2,660,000

3 Beds
4 Baths
2,602 Sq Ft
$1,323/mo HOA Fee

Last Sold February 28, 2020

Last sale price $1,875,000 $721 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $16,109/month

28 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • 49,780 Sq Ft lot
  • Boat Ramp
  • Gated with Attendant
  • Clubhouse

About This Home

As of February 2020

Highly Sought After ''Azure'' model on 10th floor in desirable 'South Tower' at Water Club. Enjoy Unbelievable & Expansive Ocean, Intracoastal, & Views of the entire Coast Line from NE to SE throughout the unit. Open Floor Plan with 3 Bedrooms plus Large Den (can be 4th BR) and 2 expansive terraces that extend the elegant living space to offer spectacular sunset and ocean views! Gourmet Kitchen with European Cabinetry, Quartz CT's, Jenn-Air SS Appliances, Wide plank wood flooring in all Bedrooms, Custom Bar/Serving area with Built in Wine Refrigerator in Dining Area, perfect for Entertaining + Much More! The Water Club Offers 24/7 Manned Gate & Lobby, Club Rm, Gym, Yoga Rm,Resort Style Pool & Lap Pool, Private Marina, Beach Area, Fire Pits & BBQ + More!

Last Agent to Sell the Property

Marc Schafler

The Keyes Company (PBG) License #3203488 Listed on: 01/01/2020

The Keyes Company (PBG)

Co-Listed By

Thomas Cooper

The Keyes Company (PBG) License #3320865

Last Buyer's Agent

Sandra Broome

Frankel Ball Realty LLC License #3378764

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,674

Year Built

  • Built in 2016

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $1,323 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 2,602 Sq Ft Home
  • High Ceiling
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 68434204380021001

Community Details

Overview

  • Association fees include common areas, insurance, parking, pest control, roof, sewer, security, trash
  • Built by Kolter Homes
  • Water Club Subdivision, Azure Floorplan
  • 22-Story Property

Amenities

  • Clubhouse
  • Business Center
  • Bike Room

Recreation

  • Boat Ramp
  • Boating
  • Community Pool
  • Community Spa
  • Park
  • Trails

Security

  • Gated with Attendant
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,674

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,323 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South on US 1 from PGA Blvd. Water Club is on the East side of US 1 next to Old Port Cove. Enter guard gate & proceed to BUILDING 2 (South Tower)
  • Year Built: 2016
  • Entry Level: 10
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, High Ceilings, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Wood
  • Living Area: 2602.0
  • Dining Room Type: Den, Storage Room
  • Stories: 22
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Builder Name: Kolter Homes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 1323.0
  • Community Features: Boat Facilities, Clubhouse, Park, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Business Center, Clubhouse, Pool, Spa/Hot Tub, Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Parking, Pest Control, Roof, Sewer, Security, Trash

Lot Info

  • Parcel #: 68434204380021001
  • Lot Size Sq Ft: 49780.0
  • Zoning Description: R3(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 35674.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Utne Robert
Bought by
Utne Robert and Grant Barbara
Current Estimated Value
$2,423,826

Purchase Details

Listed on
Jan 1, 2020
Closed on
Feb 28, 2020
Sold by
Key Palm Beach Llc
Bought by
Utne Robert
Seller's Agent
Marc Schafler
The Keyes Company (PBG)
Buyer's Agent
Sandra Broome
Frankel Ball Realty LLC
List Price
$1,925,000
Sold Price
$1,875,000
Premium/Discount to List
-$50,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%

Purchase Details

Listed on
Apr 14, 2016
Closed on
May 19, 2017
Sold by
Preziosi Chris
Bought by
Key Palm Beach Llc
Seller's Agent
Thomas Cooper
The Keyes Company (PBG)
Buyer's Agent
Mary Mairano
Real Broker, LLC
List Price
$1,990,000
Sold Price
$1,775,000
Premium/Discount to List
-$215,000
-10.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%

Purchase Details

Closed on
Mar 1, 2017
Bought by
Key Palm Beach Llc

Purchase Details

Closed on
Dec 30, 2016
Sold by
Domani Development Llc
Bought by
Preziosi Chris

Purchase Details

Closed on
Dec 1, 2016
Bought by
Key Palm Beach 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
Utne Robert -- Accommodation
Utne Robert $1,875,000 Horizon Title Services Inc
Key Palm Beach Llc $1,775,000 Attorney
Key Palm Beach Llc $1,775,000 --
Preziosi Chris $1,610,075 K Title Co Llc
Key Palm Beach Llc $1,610,100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $1,875,000 -2.6% $721 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/01/2020 01/01/20 For Sale $1,925,000 +8.5% $740 / Sq Ft
05/19/2017 05/19/17 Sold $1,775,000 -10.8% $682 / Sq Ft View Prior Sale
04/19/2017 04/19/17 Pending -- -- --
04/14/2016 04/14/16 For Sale $1,990,000 -- $765 / Sq Ft
Source: BeachesMLS

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 $23,081 $1,214,988 -- --
2023 $21,985 $1,179,600 $0 $0
2022 $21,871 $1,145,243 $0 $0
2021 $21,832 $1,111,886 $0 $0
2020 $35,318 $1,682,000 $0 $1,682,000
2019 $35,674 $1,682,000 $0 $1,682,000
2018 $32,377 $1,567,000 $0 $1,567,000
2017 $31,112 $1,497,000 $0 $0
2016 $1,860 $84,637 $0 $0
2015 $1,718 $76,943 $0 $0
2014 $1,544 $69,948 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10588859

BeachesMLS

APN: 68-43-42-04-38-002-1001