NOT LISTED FOR SALE

Estimated Value: $359,000 - $696,000

1 Bed
1 Bath
271 Sq Ft
$650/mo HOA Fee

Last Sold August 22, 2019

Last sale price $121,500 $448 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $3,629/month

61 Days on Market

Highlights

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

About This Home

As of August 2019

Palm Beach Hotel is one of the very few buildings that allows for daily rentals. This unit has a lock out connected to the adjacent unit that is also for sale Unit # 2020 MLS RX-10532649 BOTH RX-10527106This Studio is nicely appointed and Turn-Key ready! Meaning, once you close, you wont have to do a thing to the unit. Just come down for a nice vacation and enjoy the beautiful South Florida weather! If you're an investor, it's perfect as well! Once you close, you'll be booking the unit in no time and making money fast!

Last Agent to Sell the Property

Maria Termotto-Horwitz

Keller Williams Realty/P B License #3266347 Listed on: 05/22/2019

Keller Williams Realty/P B

Last Buyer's Agent

Maria Termotto-Horwitz

Keller Williams Realty/P B License #3266347 Listed on: 05/22/2019

Keller Williams Realty/P B

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,340

Year Built

  • Built in 1925

Lot Details

  • 1.81

HOA Fees

  • $650 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 271 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Clay Flooring
  • Closed Circuit Camera
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Exterior Lighting
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 50434315280002018

Community Details

Overview

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

Amenities

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

Recreation

  • Trails

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,340

Year Built

Built in 1925

Lot Details

0

HOA Fees

$650 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: Built-in Features, Closet Cabinetry, Living/Dining Room, Bar, Walk-In Closet(s)
  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Clay
  • Living Area: 271.0
  • Stories: 4
  • Window Features: Blinds

Exterior Features

  • View: Other, Water
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Historical
  • Construction Type: Brick Veneer, Frame, Stucco
  • Direction Faces: South
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Security: Closed Circuit Camera(s), Key Card Entry, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Ceiling Fan(s), 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: 650.0
  • Community Features: Fitness, Game Room, Internet Access, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Business Center, Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

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

Lot Info

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

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1340.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2022
Sold by
Palm Beach Hotel Investors Llc
Bought by
Stewart Emily Ann and Stewart James Richard
Current Estimated Value
$481,143

Purchase Details

Listed on
May 22, 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
$124,000
Sold Price
$121,500
Premium/Discount to List
-$2,500
-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
26.89%

Purchase Details

Listed on
Feb 3, 2017
Closed on
Jun 9, 2017
Sold by
Cardelus Annie
Bought by
Jacks Realty Investments Llc
Seller's Agent
Joseph DeFina
Joseph R. DeFina LLC
Buyer's Agent
Pablo Nobre
Illustrated Properties
List Price
$99,000
Sold Price
$80,000
Premium/Discount to List
-$19,000
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.02%

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

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
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
08/22/2019 08/22/19 Sold $121,500 -2.0% $448 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $124,000 +55.0% $458 / Sq Ft
06/15/2017 06/15/17 Sold $80,000 -19.2% $295 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $99,000 -- $365 / 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: R10532576

BeachesMLS

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