NOT LISTED FOR SALE

226 N Latitude Cir Unit 310 Delray Beach, FL 33483

Tropic Palms Neighborhood

Estimated Value: $412,248 - $672,000

2 Beds
2.5 Baths
1,538 Sq Ft
$515/mo HOA Fee

Last Sold March 25, 2019

Last sale price $318,000 $207 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,717/month

158 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Community Pool
  • Boca Raton Community Middle School Rated A-
  • 30,840 Sq Ft lot
  • Impact Glass

About This Home

As of March 2019

APPRAISED 12/17 for 350k -INSTANT EQUITY Property requires 10% down for limited review financing.Location, location, location minutes from trendy downtown Delray and beaches. NO RENTAL RESTRICTIONS Perfect investment property for Seasonal Rental. Currently rents for $5,500 - $6,000 per month in high season months! $3000 per month in the off-season. Most years bookings are made 6 months to a full year in advance! Minimal work needed, marketed on Airbnb, Home-a-way & VRBO perfect for Seasonal Rental. Marketed on Airbnb, Home-a-way & VRBO. Ideal location for vacation rental. Upgrades include, Wood Cabinets Kitchen/Master bath, stainless steel appliances, Granite counter tops Kitchen and Master Bath, Tile floors, Wood stairwell,Upgrade Carpet in bedrooms. Impact resis

Last Listed By

Chris Igoe

KW Innovations License #3313020 Listed on: 09/17/2018

KW Innovations

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,650

Year Built

  • Built in 2008

Lot Details

  • South Facing Home

HOA Fees

  • $515 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,538 Sq Ft Home
  • 3-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434629480090180

Community Details

Overview

  • Association fees include insurance, maintenance structure, pool(s), roof, sewer
  • Latitude Delray Beach Con Subdivision

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Impact Glass

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,650

Year Built

Built in 2008

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Latitutude is located on the North west corner of Lindell Blvd and Federal Hwy in Delray Beach. Take Federal Hwy to Lindell Blvd go west and turn Right directly into Latitudes community.
  • Year Built: 2008
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Elevator, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1538.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • Window Features: Impact Glass

Exterior Features

  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Covered

Utilities

  • Security: Key Card Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 515.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Pool(s), Roof, Sewer

Lot Info

  • Parcel #: 12434629480090180
  • Lot Size Sq Ft: 30840.0
  • Zoning Description: PC(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5650.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
Mar 22, 2019
Sold by
Fatato Ronald T
Bought by
Gargano Daniel
Seller's Agent
Chris Igoe
KW Innovations
Buyer's Agent
Tara Carter
Keller Williams Realty Consultants
List Price
$350
Sold Price
$318,000
Premium/Discount to List
$317,650
90783.11%
Total Days on Market
158
Current Estimated Value
$573,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,062
Avg. Annual Appreciation
10.05%
Original Mortgage
$220,500
Outstanding Balance
$195,820
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$377,242

Purchase Details

Closed on
Sep 4, 2012
Sold by
Latitude Delray Llc
Bought by
Fatato Ronald T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
3.64%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Gargano Daniel $319,000 Old Republic Natl Ttl Ins Co
Fatato Ronald T $278,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gargano Daniel $220,500
Previous Owner Fatato Ronald T $222,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold $318,000 +90783.1% $207 / Sq Ft
02/23/2019 02/23/19 Pending -- -- --
09/17/2018 09/17/18 For Sale $350 -- $0 / 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 $103 $2,928 -- --
2023 $69 $2,662 $0 $0
2022 $64 $2,420 $0 $0
2021 $58 $3,000 $0 $3,000
2020 $48 $2,000 $0 $2,000
2019 $31 $2,000 $0 $2,000
2018 $29 $2,000 $0 $2,000
2017 $28 $1,900 $0 $0
2016 $28 $521 $0 $0
2015 $28 $474 $0 $0
2014 $28 $431 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10464926

BeachesMLS

APN: 12-43-46-29-48-009-0180