NOT LISTED FOR SALE

Ocean Reef Towers 2066 N Ocean Blvd Unit 11SW Boca Raton, FL 33431

Estimated Value: $1,175,000 - $2,627,000

3 Beds
2.5 Baths
2,209 Sq Ft
$1,395/mo HOA Fee

Last Sold September 29, 2016

Last sale price $825,000 $373 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $11,813/month

247 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Community Pool
  • Boca Raton Community Middle School Rated A-
  • Marble Flooring
  • Elevator

About This Home

As of September 2016

Contemporary and stunning with shiny marble floors; new kitchen; Building has steam and sauna, fitness center, 24 hour doorman. Underground garage.

Last Agent to Sell the Property

Eve Hyatt

Lang Realty/BR License #3093521 Listed on: 12/26/2015

Last Buyer's Agent

Craig Greenberg

United Realty Group, Inc License #3129807

United Realty Group, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,062

Year Built

  • Built in 1970

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,395 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

Home Design

  • 2,209 Sq Ft Home

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06434716060040110

Community Details

Overview

  • Association fees include management, cable TV, HVAC, hot water, parking, sewer, water
  • 54 Units
  • Ocean Reef Towers Subdivision, Corner Floorplan
  • 14-Story Property

Amenities

  • Doorman
  • Elevator

Recreation

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,062

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,395 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Ocean Blvd (A1A) on the east/ocean side of the street, north of Palmetto Park and south of Spanish River. Plenty of guest parking close to the lobby entrance.
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Living Area: 2209.0
  • Stories: 14
  • Window Features: Impact Glass

Exterior Features

  • View: Intercoastal, Ocean, Pool
  • Pool Features: None, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage

Utilities

  • Security: Door Man, Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association Fee: 1395.0
  • Community Features: Fitness, Pool
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, HVAC, Hot Water, Parking, Sewer, Water

Lot Info

  • Parcel #: 06434716060040110
  • Zoning Description: resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 10062.0

Multi Family

  • Number Of Units In Community: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2019
Sold by
Turner Glen A
Bought by
Turner Glen A and Turner Restated Revocab Glen A
Current Estimated Value
$1,688,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Outstanding Balance
$822,010
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$638,739

Purchase Details

Listed on
Dec 26, 2015
Closed on
Sep 29, 2016
Sold by
Foley Gregory J
Bought by
Turner Glen A
Seller's Agent
Eve Hyatt
Lang Realty/BR
Buyer's Agent
Craig Greenberg
United Realty Group, Inc
List Price
$982,000
Sold Price
$825,000
Premium/Discount to List
-$157,000
-15.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$660,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2013
Sold by
Olson Gilliam N and Foley Gregory J
Bought by
Foley Gregory J

Purchase Details

Closed on
Oct 30, 2000
Sold by
Bernice H Stein Tr
Bought by
Olsen Gillian M and Foley Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.91%
Mortgage Type
New Conventional
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
Turner Glen A -- Attorney
Turner Glen A $825,000 Princeton Title & Escrow Llc
Foley Gregory J -- None Available
Olsen Gillian M $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Glen A $930,000
Closed Fuentes Marleny F $250,000
Closed Turner Glen A $660,000
Previous Owner Foley Gregory J $393,071
Previous Owner Foley Gregory J $408,000
Previous Owner Foley Gregory J $300,700
Previous Owner Foley Gregory J $83,000
Previous Owner Olsen Gillian M $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $825,000 -16.0% $373 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
12/26/2015 12/26/15 For Sale $982,000 0.0% $445 / Sq Ft
06/01/2015 06/01/15 Rented $4,200 -6.1% --
05/02/2015 05/02/15 Under Contract -- -- --
02/11/2015 02/11/15 For Rent $4,475 -- --
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 $14,627 $885,109 -- --
2023 $14,307 $859,329 $0 $0
2022 $14,191 $834,300 $0 $0
2021 $14,136 $810,000 $0 $810,000
2020 $14,410 $825,000 $0 $825,000
2019 $14,917 $830,000 $0 $830,000
2018 $13,993 $775,000 $0 $775,000
2017 $12,946 $705,000 $0 $0
2016 $11,159 $552,365 $0 $0
2015 $10,062 $502,150 $0 $0
2014 $9,533 $456,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10193819

BeachesMLS

APN: 06-43-47-16-06-004-0110