NOT LISTED FOR SALE

2 Water Club Way Unit 1803 North Palm Beach, FL 33408

Estimated Value: $1,636,236 - $2,177,000

2 Beds
2.5 Baths
1,959 Sq Ft
$907/mo HOA Fee

Last Sold July 31, 2018

Last sale price $1,160,000 $592 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $13,705/month

204 Days on Market

Highlights

  • Marina
  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Ocean View
  • Boat Dock
  • Fitness Center

About This Home

As of July 2018

Developer completely sold out of this size unit. Highest floor available. Direct unobstructed intracoastal ocean & Palm Beach views now and forever. Unit is brand new with built-in closets and electronic shades. Ready for immediate occupancy. *Sq-ft per developer floorplan. *Furnishings are virtually staged.

Last Agent to Sell the Property

AManda Janis

BHHS EWM Realty License #572814 Listed on: 12/11/2017

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,042

Year Built

  • Built in 2016

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

HOA Fees

  • $907 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Entry on the 18th floor

Interior Spaces

  • 1,959 Sq Ft Home
  • Blinds

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry

Laundry

  • Dryer
  • Laundry Tub

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Shared Dock

Location

  • East of U.S. Route 1

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 68434204380021803

Community Details

Overview

  • Water Club Condos
  • Water Club Subdivision, Cobalt Floorplan
  • 22-Story Property

Amenities

  • Trash Chute
  • Clubhouse
  • Billiard Room
  • Community Center
  • Party Room
  • Lobby
  • Community Storage Space

Recreation

  • Boat Dock
  • Marina
  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,042

Year Built

Built in 2016

Lot Details

0

HOA Fees

$907 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Entry Level: 18
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock, Common Dock,Community Marina
  • Master Model: Cobalt
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Water Club
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: Lobby, Closet Cabinetry, Laundry Tub
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1959
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Window Features: Blinds
  • Bedroom Features: Other

Exterior Features

  • View: Intracoastal View, Ocean View, Water View
  • Exterior Features: East Of Us1, Other
  • Construction Type: Other
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Water Club
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered, Guest

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Smoke Detector, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 907
  • Amenities: Billiard Room, Boat Dock, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 68434204380021803
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 907

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 17042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2021
Sold by
Basilice Dahana
Bought by
Basilice Dahna and Dahna M Basilice Revocable Tru
Current Estimated Value
$1,927,059

Purchase Details

Closed on
Aug 30, 2019
Sold by
Basilice Vincent and Basilice Dahna
Bought by
Basilice Dahna

Purchase Details

Listed on
Dec 11, 2017
Closed on
Jul 31, 2018
Sold by
Alevera Properties Llc
Bought by
Basilice Vincent
Seller's Agent
AManda Janis
BHHS EWM Realty
List Price
$1,249,000
Sold Price
$1,160,000
Premium/Discount to List
-$89,000
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$750,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 21, 2016
Sold by
Domani Development Llc
Bought by
Alevera Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.08%
Mortgage Type
Balloon
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
Basilice Dahna -- Accommodation
Dahna M Basilice Revocable Trust -- Rabideau Guy
Basilice Dahna -- None Available
Basilice Vincent $1,160,000 Attorney
Alevera Properties Llc $1,071,600 K Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Basilice Vincent $750,000
Previous Owner Alevera Properties Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $1,160,000 -7.1% $592 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $1,249,000 -- $638 / Sq Ft
Source: MIAMI REALTORS® 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 $30,986 $1,537,305 -- --
2023 $28,658 $1,397,550 $0 $0
2022 $26,049 $1,270,500 $0 $0
2021 $23,558 $1,155,000 $0 $1,155,000
2020 $23,791 $1,155,000 $0 $1,155,000
2019 $21,633 $1,020,000 $0 $1,020,000
2018 $18,788 $925,000 $0 $925,000
2017 $17,042 $820,000 $0 $0
2016 $1,407 $64,001 $0 $0
2015 $1,299 $58,183 $0 $0
2014 $1,167 $52,894 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10386082

MIAMI REALTORS® MLS

APN: 68-43-42-04-38-002-1803