NOT LISTED FOR SALE

224 Inlet Way Unit 1a Palm Beach Shores, FL 33404

Estimated Value: $2,623,653 - $3,356,000

2 Beds
2.5 Baths
2,152 Sq Ft
$2,407/mo HOA Fee

Last Sold April 29, 2022

Last sale price $2,500,000 $1,162 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $21,570/month

3 Days on Market

Highlights

  • Ocean Front
  • Gated Community
  • Roman Tub
  • William T. Dwyer High School Rated A-
  • Recreation Room
  • Marble Flooring

About This Home

As of April 2022

The Addison, directly on the Palm Beach Inlet, on Singer Island, is a boutique 5-Unit luxury waterfront condominium located in Palm Beach Shores. Residence 1-A will feature: a private 2-car garage, two elevators, 2 beds, 2.5 baths, natural gas, ceilings over 10 feet, high end Porcelanosa finishes, Jenn-Air appliances standard, inset or high gloss cabinetry, formal foyer, laundry room, long gallery, vast great room and kitchen with large island, spa-like master, stunning view, luxurious spa and pool area with outdoor kitchen/grille, and many more features. Beach service also included - walk to the beach and have your umbrellas, chairs, and towels waiting for you.

Last Agent to Sell the Property

John Nugent

Compass Florida LLC License #465526 Listed on: 03/27/2022

Compass Florida LLC

Last Buyer's Agent

Jaimee Peirce

Illustrated Properties LLC (Co License #3122087

Illustrated Properties LLC (Co

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,199

Year Built

  • Built in 2018

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • Fenced
  • Sprinkler System

HOA Fees

  • $2,407 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Entry on the 1st floor
  • Barrel Roof Shape

Interior Spaces

  • 2,152 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-In Features
  • High Ceiling
  • Entrance Foyer
  • Open Floorplan
  • Den
  • Recreation Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Dryer

Home Security

  • Home Security System
  • Security Lights
  • Security Gate

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 54434234210000011

Community Details

Overview

  • High-Rise Condominium
  • Addison At Singer Island Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Additional Features

  • Bike Room
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,199

Year Built

Built in 2018

Lot Details

0

HOA Fees

$2,407 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA East to North Ocean Drive to Lake Drive South, converting to Inlet Way, destination on the right.
  • Year Built: 2018
  • Architectural Style: High Rise
  • Entry Level: 1
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Dual Sinks, Entrance Foyer, Elevator, Family/Dining Room, Garden Tub/Roman Tub, High Ceilings, Kitchen/Dining Combo, Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble, Tile, Wood
  • Living Area: 2152.0
  • Dining Room Type: Den, Laundry, Recreation, Storage Room
  • Stories: 3

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Intercoastal, Ocean
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

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

Utilities

  • Laundry Features: In Garage
  • Security: Security System, Security Gate, Security Lights
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2407.0
  • Community Features: Gated, Park, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 54434234210000011
  • Zoning Description: C- Multi

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 21199.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2022
Closed on
Apr 27, 2022
Sold by
Daniel Bronson Mark
Bought by
Jarrett Bay Group Llc
Seller's Agent
John Nugent
Compass Florida LLC
Buyer's Agent
Jaimee Peirce
Illustrated Properties LLC (Co
List Price
$2,500,000
Sold Price
$2,500,000
Current Estimated Value
$2,958,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,413
Avg. Annual Appreciation
4.96%

Purchase Details

Listed on
Nov 3, 2016
Closed on
Apr 11, 2019
Sold by
Ure 224 Inlet Way Llc
Bought by
Bronson Mark Daniel
Seller's Agent
Greg Forest
Serhant
Buyer's Agent
Kelly Schneider
Waterfront Properties & Club C
List Price
$1,319,500
Sold Price
$1,304,500
Premium/Discount to List
-$15,000
-1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.77%
Source: Public Records

Range of Values:

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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
Jarrett Bay Group Llc $2,500,000 Patch Reef Title
Bronson Mark Daniel $304,500 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $2,500,000 0.0% $1,162 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/27/2022 03/27/22 For Sale $2,500,000 +91.6% $1,162 / Sq Ft
04/11/2019 04/11/19 Sold $1,304,500 -1.1% $606 / Sq Ft View Prior Sale
03/12/2019 03/12/19 Pending -- -- --
11/03/2016 11/03/16 For Sale $1,319,500 -- $613 / 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 $42,296 $2,152,795 -- --
2023 $42,626 $2,154,103 $0 $2,154,103
2022 $21,299 $1,093,508 $0 $0
2021 $21,199 $1,061,658 $0 $0
2020 $21,068 $1,047,000 $0 $1,047,000
2019 $6,167 $290,850 $0 $290,850
2018 $5,178 $257,610 $0 $257,610
2017 $5,253 $257,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Nugent

    Seller's Agent in 2022

    John Nugent

    Compass Florida LLC

    (561) 301-3371

    104 in this area

    110 Total Sales

    John Nugent
    Section Image
  • Jaimee Peirce

    Buyer's Agent in 2022

    Jaimee Peirce

    Illustrated Properties LLC (Co

    (561) 626-7000

    38 in this area

    42 Total Sales

    Jaimee Peirce
    Section Image
  • Greg Forest

    Seller's Agent in 2019

    Greg Forest

    Serhant

    (561) 220-2007

    8 in this area

    82 Total Sales

    Greg Forest
    Section Image

  • K

    Buyer's Agent in 2019

    Kelly Schneider

    Waterfront Properties & Club C

    (561) 401-1516

    4 in this area

    36 Total Sales

    Kelly Schneider
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10786977

BeachesMLS

APN: 54-43-42-34-21-000-0011

Florida Palm Beach County Palm Beach Shores 33404

224 Inlet Way Unit 1a, Palm Beach Shores, FL

This home is located at 224 Inlet Way Unit 1a, Palm Beach Shores, FL 33404 since 27 March 2022 and is currently estimated at $2,958,413, approximately $1,374 per square foot. This property was built in 2018. 224 Inlet Way Unit 1a is a home located in Palm Beach County with nearby schools including Lincoln Elementary School, William T. Dwyer High School, and John F. Kennedy Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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