NOT LISTED FOR SALE

224 Inlet Way Unit 2b Palm Beach Shores, FL 33404

Estimated Value: $2,664,000 - $3,618,000

3 Beds
3.5 Baths
2,300 Sq Ft
$2,563/mo HOA Fee

Last Sold March 02, 2023

Last sale price $3,000,000 $1,304 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $21,883/month

56 Days on Market

Highlights

  • Ocean Front
  • Community Cabanas
  • High Ceiling
  • William T. Dwyer High School Rated A-
  • Fitness Center
  • Furnished

About This Home

As of March 2023

The Addison at Singer Island is a beautiful boutique 5-unit luxury waterfront condominium nestled on the Palm Beach Inlet with stunning, wide direct views of all the boats going by the inlet and the ocean and coastline of Palm Beach all the way to the Breakers Hotel. This beautiful condo features modern decor with 3 bedrooms and 3.5 baths, a finished private 2 car enclosed garage, elevator with private entry into unit, formal foyer for guest entry, spacious balcony, 10-foot ceilings, great room with modern custom fit furnishings, high-end kitchen appliances with a large eat-in island, spa-like master bathroom, 2nd and 3rd bedrooms are on-suite and full size laundry room.

Last Agent to Sell the Property

John Nugent

Compass Florida LLC License #465526 Listed on: 01/04/2023

Compass Florida LLC

Last Buyer's Agent

Sam McRoberts

Sutter & Nugent LLC License #267242

Sutter & Nugent LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,362

Year Built

  • Built in 2018

Lot Details

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

HOA Fees

  • $2,563 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Intracoastal
  • Pool

Home Design

  • Entry on the 2nd floor
  • Barrel Roof Shape

Interior Spaces

  • 2,300 Sq Ft Home
  • 3-Story Property
  • Furnished
  • High Ceiling
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Open Floorplan
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

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 54434234210000022

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, pest control, pool(s), roof, sewer, water, internet
  • High-Rise Condominium
  • Addison Subdivision

Amenities

  • Community Wi-Fi
  • Elevator

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Park
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,362

Year Built

Built in 2018

Lot Details

0

HOA Fees

$2,563 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2018
  • Architectural Style: High Rise
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Family/Dining Room, High Ceilings, Kitchen/Dining Combo, Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 2300.0
  • Dining Room Type: Laundry
  • Stories: 3
  • Window Features: Blinds, Impact Glass, Sliding

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Security: Security System, Security Gate, Security Lights, Fire Sprinkler System
  • 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: 2563.0
  • Community Features: Internet Access, Non-Gated, Park, Pool
  • Senior Community: No
  • Amenities: Cabana, Fitness Center, Pool, Spa/Hot Tub, Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Roof, Sewer, Water, Internet

Lot Info

  • Parcel #: 54434234210000022
  • Lot Size: 1/4 to 1/2 Acre,Interior
  • Zoning Description: C-MULTI

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 29362.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Feb 28, 2023
Sold by
Mccabe Joseph R and Mccabe Jeanne
Bought by
Dale L Messick Revocable Trust
Seller's Agent
John Nugent
Compass Florida LLC
Buyer's Agent
Sam McRoberts
Sutter & Nugent LLC
List Price
$3,200,000
Sold Price
$3,000,000
Premium/Discount to List
-$200,000
-6.25%
Views
56
Current Estimated Value
$3,065,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,279
Avg. Annual Appreciation
0.82%

Purchase Details

Listed on
May 12, 2018
Closed on
Apr 16, 2019
Sold by
Ure 224 Inlet Way Llc
Bought by
Mccabe Joseph and Mccabe Jeanne
Seller's Agent
Greg Forest
Serhant
Buyer's Agent
Meike Macgregor
Compass Florida LLC
List Price
$1,463,500
Sold Price
$1,453,500
Premium/Discount to List
-$10,000
-0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.53%
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
Dale L Messick Revocable Trust $3,000,000 Patch Reef Title
Dale L Messick Revocable Trust $3,000,000 Patch Reef Title
Mccabe Joseph $1,453,500 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2023 03/02/23 Sold $3,000,000 -6.3% $1,304 / Sq Ft
01/04/2023 01/04/23 For Sale $3,200,000 +120.2% $1,391 / Sq Ft
04/16/2019 04/16/19 Sold $1,453,500 -0.7% $632 / Sq Ft View Prior Sale
03/17/2019 03/17/19 Pending -- -- --
05/12/2018 05/12/18 For Sale $1,463,500 -- $636 / 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 $37,386 $1,944,181 -- --
2023 $35,846 $1,507,563 $0 $0
2022 $29,462 $1,370,512 $0 $0
2021 $25,874 $1,245,920 $0 $1,245,920
2020 $24,960 $1,192,000 $0 $1,192,000
2019 $6,219 $293,300 $0 $293,300
2018 $5,222 $259,780 $0 $259,780
2017 $5,297 $259,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Nugent

    Seller's Agent in 2023

    John Nugent

    Compass Florida LLC

    (561) 301-3371

    104 in this area

    110 Total Sales

    John Nugent
    Section Image

  • S

    Buyer's Agent in 2023

    Sam McRoberts

    Sutter & Nugent LLC

    (561) 762-7818

    1 in this area

    6 Total Sales

    Sam McRoberts
    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

  • 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: R10855528

BeachesMLS

APN: 54-43-42-34-21-000-0022

Florida Palm Beach County Palm Beach Shores 33404

224 Inlet Way Unit 2b, Palm Beach Shores, FL

This home is located at 224 Inlet Way Unit 2b, Palm Beach Shores, FL 33404 since 04 January 2023 and is currently estimated at $3,065,279, approximately $1,332 per square foot. This property was built in 2018. 224 Inlet Way Unit 2b 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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