NOT LISTED FOR SALE

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

Estimated Value: $2,703,000 - $3,268,000

3 Beds
3.5 Baths
2,300 Sq Ft
$1,183/mo HOA Fee

Last Sold April 16, 2019

Last sale price $1,368,500 $595 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $19,741/month

311 Days on Market

Highlights

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

About This Home

As of April 2019

**Financing Available** **Beach Service now included**. The Addison Singer Island is a boutique 5-unit luxury waterfront condominium nestled on the Palm Beach Inlet waterfront in beautiful Palm Beach Shores. Residence 2b will feature: a private two car garage, two elevators, 3 beds, 3.5 baths, Natural Gas, Ceilings over 10 feet, high-end Porcelanosa finishes, Jenn-Air appliances, 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. Just a 2 minute walk to the beach!

Last Agent to Sell the Property

Greg Forest

Serhant License #3277489 Listed on: 05/09/2018

Serhant

Last Buyer's Agent

Meike Macgregor

Compass Florida LLC License #3026406

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,361

Year Built

  • Built in 2018

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • North Facing Home
  • Fenced
  • Sprinkler System

HOA Fees

  • $1,183 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,300 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • High Ceiling
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Open Floorplan
  • Den
  • Recreation Room

Kitchen

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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Security Gate

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 54434234210000012

Community Details

Overview

  • High-Rise Condominium
  • Addison At Singer Island Subdivision

Recreation

  • Community Cabanas
  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Additional Features

  • Bike Room
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,361

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,183 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 To Blue Heron Blvd East to Lake Dr South converting to Inlet Way, destination on the right.
  • Year Built: 2018
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Family/Dining Room, Garden Tub/Roman Tub, High Ceilings, Kitchen/Dining Combo, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Tile, Wood
  • Living Area: 2300.0
  • Dining Room Type: Den, Great Room, Laundry, Recreation, Storage Room
  • Stories: 4
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Intercoastal, Ocean
  • Lot Features: Interior Lot, Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • 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, 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: Natural Gas Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 1183.0
  • Community Features: Park, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Cabana, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 54434234210000012
  • Lot Size Sq Ft: 16968.0
  • Zoning Description: DISTRI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5361.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Apr 18, 2019
Sold by
Ure 224 Inlet Way Llc
Bought by
Teresa A Hassara 2014 Revocable Trust
Seller's Agent
Greg Forest
Serhant
Buyer's Agent
Meike Macgregor
Compass Florida LLC
List Price
$1,378,500
Sold Price
$1,368,500
Premium/Discount to List
-$10,000
-0.73%
Current Estimated Value
$2,955,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,587,068
Avg. Annual Appreciation
12.58%
Original Mortgage
$800,000
Outstanding Balance
$695,290
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,260,278
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
Teresa A Hassara 2014 Revocable Trust $1,368,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teresa A Hassara 2014 Revocable Trust $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2019 04/16/19 Sold $1,368,500 -0.7% $595 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
05/09/2018 05/09/18 For Sale $1,378,500 -- $599 / 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 $35,223 $1,558,494 -- --
2023 $33,672 $1,416,813 $0 $0
2022 $27,798 $1,288,012 $0 $0
2021 $24,322 $1,170,920 $0 $1,170,920
2020 $23,396 $1,117,000 $0 $1,117,000
2019 $6,294 $296,800 $0 $296,800
2018 $5,284 $262,880 $0 $262,880
2017 $5,361 $262,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Forest

    Seller's Agent in 2019

    Greg Forest

    Serhant

    (561) 220-2007

    8 in this area

    82 Total Sales

    Greg Forest
    Section Image

  • M

    Buyer's Agent in 2019

    Meike Macgregor

    Compass Florida LLC

    (561) 818-1168

    71 in this area

    114 Total Sales

    Meike Macgregor
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10430369

BeachesMLS

APN: 54-43-42-34-21-000-0012

Florida Palm Beach County Palm Beach Shores 33404

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

This home is located at 224 Inlet Way Unit 1b, Palm Beach Shores, FL 33404 since 09 May 2018 and is currently estimated at $2,955,568, approximately $1,285 per square foot. This property was built in 2018. 224 Inlet Way Unit 1b 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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