NOT LISTED FOR SALE

The Palm Beach Hotel Condominium 235 Sunrise Ave Unit 2054 Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $269,000 - $433,000

-- Bed
1 Bath
271 Sq Ft
$602/mo HOA Fee

Last Sold March 12, 2018

Last sale price $135,000 $498 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,763/month

66 Days on Market

Highlights

  • Doorman
  • Water Views
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Furnished

About This Home

As of March 2018

Studio apartment in the landmarked Palm Beach Hotel. Fabulous in-town location, walking distance to restaurants, shopping, the beach, and bike trail. NO RENTAL RESTRICTIONS !!! The beach and intracoastal are 1 block away. Publix grocery store is across the street !!!

Last Agent to Sell the Property

Valerie Katz

Keller Williams Realty/P B License #3263518 Listed on: 12/05/2017

Keller Williams Realty/P B

Last Buyer's Agent

Michael Grammen

RE/MAX Direct License #0664624

RE/MAX Direct

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1925

Lot Details

  • 1.81

HOA Fees

  • $602 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Mediterranean Architecture
  • Frame Construction

Interior Spaces

  • 1 Full Bathroom
  • 271 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Tile Flooring

Home Security

Utilities

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

Additional Features

  • Patio
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 50434315280002054

Community Details

Overview

  • Association fees include management, common areas, cable TV, electricity, pest control, pool(s), roof, sewer, security, trash, water
  • 204 Units
  • Palm Beach Hotel Condo Subdivision

Amenities

  • Doorman
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,262

Year Built

Built in 1925

Lot Details

0

HOA Fees

$602 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee Boulevard East to Palm Beach. North on County Road approximately 1 mile to East to Sunrise Avenue
  • Year Built: 1925
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: None, Refrigerator
  • Full Bathrooms: 1
  • Flooring: Tile
  • Living Area: 271.0
  • Stories: 4

Exterior Features

  • Exterior Features: Patio
  • View: Water
  • Lot Features: Interior Lot
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Security: Door Man, Fire Sprinkler System
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 602.0
  • Community Features: Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Electricity, Pest Control, Pool(s), Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434315280002054
  • Zoning Description: C-TS(c

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1262.0

Multi Family

  • Number Of Units In Community: 204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2019
Sold by
Durmmond Douglas
Bought by
Tropical Sunrise Llc
Total Days on Market
66
Current Estimated Value
$353,467

Purchase Details

Listed on
Dec 5, 2017
Closed on
Mar 12, 2018
Sold by
Reisman Steven A
Bought by
Drummond Douglas W
Seller's Agent
Valerie Katz
Keller Williams Realty/P B
Buyer's Agent
Michael Grammen
RE/MAX Direct
List Price
$139,999
Sold Price
$135,000
Premium/Discount to List
-$4,999
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%

Purchase Details

Closed on
Mar 27, 2008
Sold by
Phillips Peter L
Bought by
Reisman Md Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,994
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2005
Sold by
Bobby Inc
Bought by
Phillips Peter L
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
Tropical Sunrise Llc -- None Available
Drummond Douglas W $135,000 Prosperity Land Title Llc
Reisman Md Steven A $125,000 Automated Land Title Co
Phillips Peter L $127,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reisman Md Steven A $103,994
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2018 03/12/18 Sold $135,000 -3.6% $498 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $139,999 -- $517 / 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 $3,424 $134,697 -- --
2023 $3,245 $122,452 $0 $0
2022 $2,234 $111,320 $0 $0
2021 $1,966 $112,000 $0 $112,000
2020 $1,763 $92,000 $0 $92,000
2019 $1,713 $87,000 $0 $87,000
2018 $1,300 $67,000 $0 $67,000
2017 $1,262 $67,000 $0 $0
2016 $1,001 $51,909 $0 $0
2015 $993 $47,190 $0 $0
2014 $948 $42,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Valerie Katz

    Seller's Agent in 2018

    Valerie Katz

    Keller Williams Realty/P B

    (561) 209-2500

    4 in this area

    12 Total Sales

    Valerie Katz
    Section Image
  • Michael Grammen

    Buyer's Agent in 2018

    Michael Grammen

    RE/MAX

    (561) 642-1334

    2 in this area

    33 Total Sales

    Michael Grammen
    Section Image
See All Agents

About The Palm Beach Hotel Condominium

Map

Source: BeachesMLS

MLS Number: R10387270

BeachesMLS

APN: 50-43-43-15-28-000-2054

Florida Palm Beach County Palm Beach 33480 North End

235 Sunrise Ave Unit 2054, Palm Beach, FL

This home is located at 235 Sunrise Ave Unit 2054, Palm Beach, FL 33480 since 05 December 2017 and is currently estimated at $353,467, approximately $1,304 per square foot. This property was built in 1925. 235 Sunrise Ave Unit 2054 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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