NOT LISTED FOR SALE

223 Atlantic Ave Unit 4E Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $1,255,000 - $1,670,000

2 Beds
2 Baths
804 Sq Ft
1979 Built

Last Sold February 08, 2021

Last sale price $662,500 $824 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $9,572/month

Highlights

  • Furnished
  • Elevator
  • Open Patio
  • Palm Beach Public School Rated A-
  • Balcony
  • Tile Flooring

About This Home

As of August 2023

Available annually for $7,000 OR seasonally for $12,500. This bright 2-bedroom, 2-bathroom condominium, located near Palm Beach Island's midtown, is a true gem. Offering a spacious split floor plan, this well-maintained unit is the perfect rental for anyone looking to experience Palm Beach Island as their new home. As you enter, you'll be greeted by a bright and open living space, complete with comfortable furnishings and a large flat-screen TV. The room flows seamlessly into a charming dining area. Sliding glass doors lead to a private balcony, where you can soak up the sun and enjoy the fresh air of Palm Beach. The condo's location is truly unbeatable, just a short stroll away from both the beach and the picturesque Lake Trail. Whether you're looking to soak up the sun, enjoy a peaceful walk or bike ride, this location has it all. Also, within walking distance of restaurants, shops and Amici Market. Palm Beach Island is known for its world-class shopping and dining options, so you'll never be far from the action.

Last Agent to Rent the Property

Chris Leavitt

Douglas Elliman License #3232586 Listed on: 04/03/2023

Douglas Elliman

Last Renter's Agent

Jan Burke

Coldwell Banker Realty License #673388

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Parking

  • 1 Car Garage

Interior Spaces

  • 804 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Open Patio

Additional Features

  • North Facing Home
  • Central Heating and Cooling System

Community Details

  • Palm Beach Atlantic Condo Subdivision
  • Elevator

Listing and Financial Details

  • Security Deposit $7,000
  • Property Available on 5/1/23
  • Assessor Parcel Number 50434315260000054

Condo Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance
  • Available Date: 2023-05-01
  • Security Deposit: 7000.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1979
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: None
  • Main Level Bedrooms: 2
  • Furnished: Furnished
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 804.0
  • Stories: 4

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North
  • Patio And Porch Features: Open, Balcony

Garage/Parking

  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Elevator(s)
  • Common Interest: Condominium

Lot Info

  • Parcel #: 50434315260000054
  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Capella Rafael and Capella Cecilia
Bought by
Capella Joseph and Capella Carlyn
Current Estimated Value
$1,553,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Outstanding Balance
$508,709
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$998,158

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 8, 2021
Sold by
Hogan James P
Bought by
Capella Rafael and Capella Cecilia
Seller's Agent
Victoria Reynolds
Tina Fanjul Associates, Inc.
Buyer's Agent
Victoria Reynolds
Tina Fanjul Associates, Inc.
List Price
$675,000
Sold Price
$662,500
Premium/Discount to List
-$12,500
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.94%

Purchase Details

Listed on
Dec 5, 2014
Closed on
Mar 11, 2015
Sold by
Ainslie Michael L and Ainslie Suzanne H
Bought by
Hogan James P
Seller's Agent
Susan Van Pelt
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Susan Van Pelt
Sotheby's Intl. Realty, Inc.
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$300,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 27, 2005
Sold by
Posvar Kristi
Bought by
Ainslie Michael and Ainslie Suzanne

Purchase Details

Closed on
Apr 4, 1997
Sold by
Depeyster Margo D and Depeyster Ashton Depeyster
Bought by
Posvar Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
7.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Capella Joseph $662,500 Premier Title
Capella Rafael $662,500 Attorney
Hogan James P $375,000 None Available
Ainslie Michael $345,000 --
Posvar Kristi $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capella Joseph $530,000
Previous Owner Hogan James P $300,000
Previous Owner Posvar Kristi $252,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2023 08/15/23 Rented $7,000 0.0% --
06/14/2023 06/14/23 Under Contract -- -- --
05/17/2023 05/17/23 Price Changed $7,000 -12.5% $9 / Sq Ft
04/05/2023 04/05/23 Price Changed $8,000 -1.2% $10 / Sq Ft
04/03/2023 04/03/23 For Rent $8,100 -92.1% --
05/01/2022 05/01/22 Rented $102,000 +920.0% --
03/04/2022 03/04/22 Under Contract -- -- --
08/02/2021 08/02/21 Rented $10,000 -90.2% --
07/03/2021 07/03/21 Under Contract -- -- --
06/30/2021 06/30/21 For Rent $102,000 +1033.3% --
04/12/2021 04/12/21 For Rent $9,000 0.0% --
02/08/2021 02/08/21 Sold $662,500 -1.9% $602 / Sq Ft View Prior Sale
01/21/2021 01/21/21 For Sale $675,000 +80.0% $614 / Sq Ft
03/17/2015 03/17/15 Sold $375,000 -5.1% $466 / Sq Ft View Prior Sale
02/15/2015 02/15/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $395,000 -- $491 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $17,973 $1,187,000 -- --
2024 $17,973 $1,187,000 -- --
2023 $14,699 $702,075 $0 $0
2022 $10,185 $638,250 $0 $0
2021 $7,432 $530,000 $0 $530,000
2020 $5,883 $338,000 $0 $338,000
2019 $5,752 $323,000 $0 $323,000
2018 $5,821 $338,000 $0 $338,000
2017 $5,938 $338,000 $0 $0
2016 $5,481 $313,000 $0 $0
2015 $5,288 $283,800 $0 $0
2014 $4,782 $258,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Leavitt

    Landlord's Agent in 2023

    Chris Leavitt

    Douglas Elliman

    (616) 414-2810

    32 in this area

    204 Total Sales

    Chris Leavitt
    Section Image
  • Jan Burke

    Tenant's Agent in 2023

    Jan Burke

    Coldwell Banker Realty

    (561) 346-8330

    70 Total Sales

    Jan Burke
    Section Image

  • V

    Seller's Agent in 2022

    Victoria Reynolds

    Tina Fanjul Associates, Inc.

    (561) 659-5113

    1 in this area

    4 Total Sales

    Victoria Reynolds
    Section Image

  • B

    Buyer's Agent in 2022

    Bradford Miller

    Bradford P. Miller Real Estate

    (561) 833-2776

    1 in this area

    29 Total Sales

    Bradford Miller
    Section Image

  • S

    Seller's Agent in 2015

    Susan Van Pelt

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    Susan Van Pelt
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10878651

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-15-26-000-0054

Florida Palm Beach County Palm Beach 33480 North End

223 Atlantic Ave Unit 4E, Palm Beach, FL

Not Listed for Sale

Condos

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