$1,223,000 - $1,798,000
RENTED FEB 1, 2025

220 Atlantic Ave Unit 40 Palm Beach, FL 33480

North End Neighborhood
1 Bed
1 Bath
646 Sq Ft
$2,352 Price per Sq Ft

Last Sold September 07, 2022

Last sale price $1,500,000 $2,322 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,923/month

Highlights

  • Waterfront
  • Wood Flooring
  • Living Room
  • Palm Beach Public School Rated A-
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of February 2025

This Annual or Seasonal Rental is ideally located in central Palm Beach. The unit features 1 bedroom + 1 den, offering an expansive balcony off of the living room, a custom kitchen and bathroom, and an in-unit washer/dryer. This unit has a close proximity to the beach, Publix, Royal Poinciana Plaza, and all that Palm Beach Island has to offer. The building is pet friendly.

Last Agent to Rent the Property

Joseph Scheerer

Douglas Elliman License #SL-3294010 Listed on: 02/16/2024

Douglas Elliman

Last Renter's Agent

Mia Morrison

The Corcoran Group License #3077087

The Corcoran Group

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $18,355

Year Built

  • Built in 1978

Lot Details

  • Waterfront
  • North Facing Home

Parking

  • Open Parking

Interior Spaces

  • 646 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $5,995
  • Rent includes water, sewer
  • 12 Month Lease Term
  • Ask Agent About Lease Term
  • Seasonal Lease Term
  • Assessor Parcel Number 50434315240000040

Community Details

Overview

  • Property has a Home Owners Association
  • Atlantic Palms Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$18,355

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: N/A
  • Directions: Bradley Place to Atlantic, make a right, building will be on the right.
  • Architectural Style: Other Style
  • Building Name: Atlantic Palms
  • Year Built: 1978
  • Location Tax Legal:Name of Building: Atlantic Palms
  • General Property Description:Living Area: 646.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Floors: 2.0
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Services Included:Full Time Manager: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Contract Information:Deposit Amount: 5995.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: No
  • Lease Type:Annual: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • Lease Type:Seasonal: Yes
  • Lease Type:Off Season: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable
  • Living Area: 646.0
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water, Sewer
  • Amenities: Full Time Manager

Association/Amenities

  • Restrictions:Condo Association: Yes

Lot Info

  • Parcel #: 50434315240000040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 25, 2022
Sold by
Bowen Goulding Henry William
Bought by
Pb Atlantic Llc
Seller's Agent
Joseph Scheerer
Douglas Elliman
Buyer's Agent
Joseph Scheerer
Douglas Elliman
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%
Current Estimated Value
$1,519,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,714
Avg. Annual Appreciation
2.49%

Purchase Details

Listed on
Dec 30, 2020
Closed on
Jan 25, 2021
Sold by
Andrea Neil and Gordon Lisa
Bought by
Goulding Henry William Bowen
Seller's Agent
Grace Brown
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
Joseph Scheerer
Douglas Elliman
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.76%

Purchase Details

Listed on
Nov 19, 2015
Closed on
Dec 31, 2015
Sold by
Brown Darlene Elizabeth
Bought by
Andrea Neil and Gordon Lisa
Seller's Agent
RHONDA SHOUMATE
VALORE GROUP REAL ESTATE
Buyer's Agent
RHONDA SHOUMATE
VALORE GROUP REAL ESTATE
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
Original Mortgage
$217,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1996
Sold by
Darlene Elizabeth Brown Tr
Bought by
Brown Darlene E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pb Atlantic Llc $1,500,000 --
Goulding Henry William Bowen $485,000 Attorney
Andrea Neil $290,000 Attorney
Brown Darlene E $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrea Neil $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $5,100 -14.9% --
01/28/2025 01/28/25 Under Contract -- -- --
11/12/2024 11/12/24 Price Changed $5,995 -7.8% $9 / Sq Ft
02/16/2024 02/16/24 For Rent $6,500 0.0% --
09/07/2022 09/07/22 Sold $1,500,000 -3.2% $2,322 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $1,550,000 +219.6% $2,399 / Sq Ft
01/25/2021 01/25/21 Sold $485,000 0.0% $751 / Sq Ft
01/25/2021 01/25/21 Sold $485,000 0.0% $751 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $485,000 -9.3% $751 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $535,000 +84.5% $828 / Sq Ft
12/31/2015 12/31/15 Sold $290,000 0.0% $449 / Sq Ft
12/31/2015 12/31/15 Sold $290,000 0.0% $449 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
11/19/2015 11/19/15 For Sale $290,000 -17.1% $449 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $349,900 -- $542 / Sq Ft
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 $18,355 $1,177,000 -- --
2023 $16,425 $1,070,000 $0 $1,070,000
2022 $8,270 $510,600 $0 $0
2021 $4,202 $274,828 $0 $0
2020 $4,198 $271,034 $0 $0
2019 $4,180 $264,940 $0 $0
2018 $3,969 $260,000 $0 $260,000
2017 $4,044 $260,000 $0 $0
2016 $3,886 $260,000 $0 $0
2015 $3,859 $210,000 $0 $0
2014 $3,911 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-309

APN: 50-43-43-15-24-000-0040