$1,500,000
SOLD JAN 2, 2025

227 Brazilian Ave Unit 3F Palm Beach, FL 33480

2 Beds
2 Baths
1,040 Sq Ft
$1,070/mo HOA Fee

Recently Sold

$1,442 Per Sq Ft

32% Below List Price

289 Days on Market

Highlights

  • Wood Flooring
  • Wine Refrigerator
  • Eat-In Kitchen
  • Palm Beach Public School Rated A-
  • Balcony
  • Living Room

About This Home

As of January 2025

Rare, in-town opportunity! 2 bed/1.5 baths, offering 1,040 total square feet + east facing balcony. Located just step to Worth Ave, the beach, lake trail, town docks, and upscale dining and shopping options, this gem is a true embodiment of Palm Beach living. 2-covered parking spaces and low HOA. This condo is a must-see for those seeking the perfect Palm Beach lifestyle!

Last Agent to Sell the Property

Brooke Murphy

Compass Florida, LLC License #SL-3399869 Listed on: 03/08/2024

Compass Florida, LLC

Co-Listed By

Kyle Blackmon

Compass Florida, LLC License #3467907

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $10,157

Year Built

  • Built in 1970

HOA Fees

  • $1,070 Monthly HOA Fees

Interior Spaces

  • 1,040 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Covered Parking

Additional Features

  • Non-Toxic Pest Control
  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434323110000180

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, trash, pest control, sewer, water
  • 30 Units
  • Brazilian Community
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities
  • Elevator

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$10,157

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,070 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Royal Palm Way to S. County Rd to Brazilian Ave
  • Building Name: Brazilian
  • Year Built: 1970
  • Location Tax Legal:Name of Building: Brazilian
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 10157.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 1070.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 30
  • General Property Description:_pound_ Floors: 4.0
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Laundry:Laundry in Building: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Single, Microwave, Range - Electric
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Stories: 4
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Balcony, Elevator
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes

Garage/Parking

  • Parking:Covered Parking: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Other Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434323110000180
  • Zoning: R-C - Medium Density Residential

Multi Family

  • Number Of Units Total: 30
  • Maintenance Expense: 1070.0

Tax Info

  • Tax Annual Amount: 10157.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Jan 2, 2025
Sold by
Kam 2021 Irrevocable Trust and Murphy Robert W
Bought by
Leyva Marcus
Seller's Agent
Brooke Murphy
Compass Florida, LLC
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$2,195,000
Sold Price
$1,500,000
Premium/Discount to List
-$695,000
-31.66%
Views
64
Current Estimated Value
$1,512,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,935
Avg. Annual Appreciation
3.00%

Purchase Details

Closed on
Feb 16, 2021
Sold by
Murphy Kathleen A
Bought by
Murphy Robert W and The Kam 2021 Irrevocable Trust

Purchase Details

Closed on
Apr 17, 2010
Sold by
Murphy James J
Bought by
Murphy Kathleen A

Purchase Details

Closed on
Nov 12, 1997
Sold by
First National In Palm Beach
Bought by
Murphy James J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,500,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $79,000 Attorney
Deed $125,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 Sold $1,500,000 -14.3% $1,442 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
08/23/2024 08/23/24 Price Changed $1,750,000 -7.9% $1,683 / Sq Ft
04/30/2024 04/30/24 Price Changed $1,900,000 -7.3% $1,827 / Sq Ft
04/15/2024 04/15/24 Price Changed $2,050,000 -6.6% $1,971 / Sq Ft
03/08/2024 03/08/24 For Sale $2,195,000 -- $2,111 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $10,086 $657,300 -- --
2023 $10,157 $657,300 $0 $657,300
2022 $9,829 $615,850 $0 $0
2021 $8,171 $485,000 $0 $485,000
2020 $8,298 $485,000 $0 $485,000
2019 $8,470 $485,000 $0 $485,000
2018 $7,823 $485,000 $0 $485,000
2017 $7,044 $405,000 $0 $0
2016 $6,719 $385,000 $0 $0
2015 $3,958 $255,024 $0 $0
2014 $3,973 $253,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brooke Murphy

    Seller's Agent in 2025

    Brooke Murphy

    Compass Florida, LLC

    (561) 659-5655

    33 Total Sales

    Brooke Murphy
    Section Image
  • Kyle Blackmon

    Seller Co-Listing Agent in 2025

    Kyle Blackmon

    Compass Florida, LLC

    (646) 798-8898

    12 Total Sales

    Kyle Blackmon
    Section Image

  • N

    Buyer's Agent in 2025

    NON MEMBER

    NON MEMBER FIRM

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-440

APN: 50-43-43-23-11-000-0180

Florida Palm Beach County Palm Beach 33480

227 Brazilian Ave Unit 3F, Palm Beach, FL

This home is located at 227 Brazilian Ave Unit 3F, Palm Beach, FL 33480 and is currently priced at $1,500,000, approximately $1,442 per square foot. This property was built in 1970. 227 Brazilian Ave Unit 3F is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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