NOT LISTED FOR SALE

The Palm Beach Hotel Condominium 235 Sunrise Ave Unit 2018 & 2020 Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $390,000 - $443,000

2 Beds
2 Baths
542 Sq Ft
$1,476/mo HOA Fee

Last Sold January 26, 2022

Last sale price $530,000 $978 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $4,204/month

11 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Community Pool
  • Palm Beach Public School Rated A-
  • Clubhouse
  • Walk-In Closet

About This Home

As of January 2022

Unique opportunity to own two fully furnished studio units in the historic Palm Beach Hotel. Live in Paradise or rent daily, weekly or monthly for instant cash flow. Units share an original lockout which can either connect them or keep separate. Property offers full-service, 24-hour concierge and resort style pool. Short walk to beach, Lake Trail, Publix, fine dining and The Breakers Hotel. Short ride to Clematis Street, Rosemary Square, Convention Center and Brightline train to Miami. Turnkey with option to keep current property management for effortless and immediate rental.

Last Agent to Sell the Property

Jacquelyn Farrell

Rook Realty LLC License #3402432 Listed on: 12/15/2021

Last Buyer's Agent

Jacquelyn Farrell

Rook Realty LLC License #3402432 Listed on: 12/15/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,933

Year Built

  • Built in 1925

Lot Details

  • 1.81

HOA Fees

  • $1,476 Monthly HOA Fees

Home Design

  • Studio

Interior Spaces

  • 542 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434315280002018

Community Details

Overview

  • Association fees include cable TV, electricity, insurance, maintenance structure, pool(s), sewer, trash, water
  • Palm Beach Hotel Condo Subdivision

Amenities

  • Doorman
  • Clubhouse
  • Laundry Facilities

Recreation

Security

  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,933

Year Built

Built in 1925

Lot Details

0

HOA Fees

$1,476 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Bradley Place or County Road to Sunrise Ave.
  • Year Built: 1925
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 542.0
  • Dining Room Type: Studio
  • Stories: 4
  • Window Features: Blinds

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Other Structures: Apartment
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Security: Door Man, Key Card Entry
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1476.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Management, Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Electricity, Insurance, Maintenance Structure, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 50434315280002018
  • Zoning Description: C-TS(c

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3933.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Jan 26, 2022
Sold by
Palm Beach Hotel Investors Llc
Bought by
Stewart Emily Ann and Stewart James Richard
Seller's Agent
Jacquelyn Farrell
Rook Realty LLC
Buyer's Agent
Jacquelyn Farrell
Rook Realty LLC
List Price
$598,000
Sold Price
$530,000
Premium/Discount to List
-$68,000
-11.37%
Total Days on Market
11
Current Estimated Value
$411,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,024
Avg. Annual Appreciation
-7.24%

Purchase Details

Listed on
May 2, 2019
Closed on
Aug 22, 2019
Sold by
Jacks Realty Investments Llc
Bought by
Palm Beach Hotel Investors Llc
Seller's Agent
Maria Termotto-Horwitz
Keller Williams Realty/P B
Buyer's Agent
Maria Termotto-Horwitz
Keller Williams Realty/P B
List Price
$248,000
Sold Price
$243,000
Premium/Discount to List
-$5,000
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.84%

Purchase Details

Closed on
Jun 9, 2017
Sold by
Cardelus Annie
Bought by
Jacks Realty Investments Llc

Purchase Details

Closed on
Jan 15, 2015
Sold by
Danner Carole Ann and Danner Stephen H
Bought by
Cardelus Annie

Purchase Details

Closed on
Aug 25, 2011
Sold by
Rowen & Emerson Realty Corp
Bought by
Danner Stephen H and Danner Carole Ann

Purchase Details

Closed on
Aug 19, 2005
Sold by
Spilberg Carole
Bought by
Rowern & Emerson Realty Corp

Purchase Details

Closed on
Feb 28, 2003
Sold by
Stumborg Michael
Bought by
Spilberg Carole

Purchase Details

Closed on
Apr 11, 2002
Sold by
Ortiz Rafael A
Bought by
Stumborg Michael

Purchase Details

Closed on
Jan 25, 2001
Sold by
Mccune Margo M
Bought by
Ortiz Rafael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.44%
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 Buyer Sale Price Title Company
Stewart Emily Ann $530,000 Reynolds & Reynolds Pl
Palm Beach Hotel Investors Llc $121,500 Attorney
Palm Beach Hotel Investors Llc $121,500 Attorney
Jacks Realty Investments Llc $800,000 Attorney
Cardelus Annie $63,000 First American Title Ins Co
Danner Stephen H $76,500 None Available
Rowern & Emerson Realty Corp -- Universal Land Title Inc
Danner Stephen H $300,000 Universal Land Title Inc
Spilberg Carole $45,000 Lighthouse Title Services In
Stumborg Michael -- --
Ortiz Rafael A $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Rafael A $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Sold $530,000 -11.4% $978 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/15/2021 12/15/21 For Sale $598,000 +146.1% $1,103 / Sq Ft
08/22/2019 08/22/19 Sold $243,000 -2.0% $448 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $248,000 -- $458 / 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 $4,992 $318,000 -- --
2023 $4,789 $303,000 $0 $303,000
2022 $2,234 $111,320 $0 $0
2021 $1,966 $112,000 $0 $112,000
2020 $1,762 $92,000 $0 $92,000
2019 $1,583 $87,000 $0 $87,000
2018 $1,340 $67,000 $0 $67,000
2017 $1,359 $67,000 $0 $0
2016 $1,103 $62,000 $0 $0
2015 $992 $47,190 $0 $0
2014 $948 $42,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jacquelyn Farrell

    Rook Realty LLC

    (561) 767-8700

    1 in this area

    3 Total Sales

    Jacquelyn Farrell
    Section Image

  • M

    Seller's Agent in 2019

    Maria Termotto-Horwitz

    Keller Williams Realty/P B

    (561) 779-9452

    53 in this area

    121 Total Sales

    Maria Termotto-Horwitz
    Section Image
See All Agents

About The Palm Beach Hotel Condominium

Map

Source: BeachesMLS

MLS Number: R10764943

BeachesMLS

APN: 50-43-43-15-28-000-2018

Florida Palm Beach County Palm Beach 33480 North End

235 Sunrise Ave Unit 2018 & 2020, Palm Beach, FL

This home is located at 235 Sunrise Ave Unit 2018 & 2020, Palm Beach, FL 33480 since 15 December 2021 and is currently estimated at $411,976, approximately $760 per square foot. This property was built in 1925. 235 Sunrise Ave Unit 2018 & 2020 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High 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.

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