$243,000
SOLD AUG 22, 2019
2 Beds
2 Baths
542 Sq Ft
$1,203/mo HOA Fee

Recently Sold

$448 Per Sq Ft

2% Below List Price

81 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Elevator
  • Palm Beach Public School Rated A-
  • Clubhouse
  • Community Wi-Fi

About This Home

As of January 2022

This is an amazingly unique opportunity in the Historic Palm Beach Hotel. 2 studio units that are deeded separately, they share an original lockout which can either connect the 2 units or keep them separate. This creates for great flexibility for the owner to rent out one side while using the other when desired or an investors dream for versatility. Palm Beach Hotel is one of the very few buildings that allows for daily rentals. These gorgeous units will not last long, furnished and sold as-is, turn-key ready!!

Last Agent to Sell the Property

Maria Termotto-Horwitz

Keller Williams Realty/P B License #3266347 Listed on: 05/02/2019

Keller Williams Realty/P B

Last Buyer's Agent

Maria Termotto-Horwitz

Keller Williams Realty/P B License #3266347 Listed on: 05/02/2019

Keller Williams Realty/P B

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,682

Year Built

  • Built in 1925

HOA Fees

  • $1,203 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 542 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Blinds
  • Combination Dining and Living Room
  • Clay Flooring
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Microwave

Bedrooms and Bathrooms

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

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434315280002018

Community Details

Overview

  • Association fees include management, common areas, cable TV, electricity, insurance, laundry, ground maintenance, maintenance structure, pest control, pool(s), recreation facilities, sewer, trash, water, internet
  • Palm Beach Hotel Condo Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Business Center
  • Community Library
  • Elevator
  • Community Wi-Fi

Recreation

  • Park
  • Trails

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,682

Year Built

Built in 1925

Lot Details

0

HOA Fees

$1,203 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Flagler Memorial Bridge E to Bradly, North to Sunrise Ave, then East to Hotel on the North side of the street.
  • Year Built: 1925
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Living/Dining Room, Bar, Walk-In Closet(s)
  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Clay
  • Living Area: 542.0
  • Stories: 3
  • Window Features: Blinds

Exterior Features

  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Historical
  • Construction Type: Block, Frame
  • Other Structures: Apartment
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Security: Closed Circuit Camera(s), Fire Sprinkler System
  • Green Building Features: Exterior Lighting
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1203.0
  • Community Features: Fitness Center, Game Room, Internet Access, Park, Property Manager On-Site, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Business Center, Clubhouse, Fitness Center, Library, Management, Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Electricity, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Recreation Facilities, Sewer, Trash, Water, Internet

Lot Info

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

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2682.0

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%
Current Estimated Value
$417,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$112,971
Avg. Annual Appreciation
-6.39%

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 Type Sale Price Title Company
Warranty Deed $530,000 Reynolds & Reynolds Pl
Warranty Deed $121,500 Attorney
Warranty Deed $121,500 Attorney
Warranty Deed $800,000 Attorney
Warranty Deed $63,000 First American Title Ins Co
Quit Claim Deed $76,500 None Available
Warranty Deed -- Universal Land Title Inc
Warranty Deed $300,000 Universal Land Title Inc
Warranty Deed $45,000 Lighthouse Title Services In
Warranty Deed -- --
Warranty Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 No Value Available
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

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Map

Source: BeachesMLS

MLS Number: R10527106

BeachesMLS

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