$640,000
SOLD MAY 19, 2025
1 Bed
2 Baths
542 Sq Ft
$1,486/mo HOA Fee

Recently Sold

$1,181 Per Sq Ft

19% Below List Price

685 Days on Market

Highlights

  • Outdoor Pool
  • Cooling Available
  • North Facing Home
  • Palm Beach Public School Rated A-
  • Laundry Facilities
  • Dining Area

About This Home

As of May 2025

Wonderful income property or residence. Close to everything, full service building. This was two studios converted into one bedroom,living room, kitchen and two bathrooms.

Last Agent to Sell the Property

PAT McINERNEY

Brown Harris Stevens of Palm Beach 6598 License #569864 Listed on: 06/01/2023

Brown Harris Stevens of Palm Beach 6598

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $2,119

Year Built

  • Built in 1925

HOA Fees

  • $1,486 Monthly HOA Fees

Interior Spaces

  • 542 Sq Ft Home
  • 4-Story Property
  • Dining Area
  • Wall to Wall Carpet
  • Fire and Smoke Detector
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Outdoor Pool
  • North Facing Home

Listing and Financial Details

  • Assessor Parcel Number 50434315280003034

Community Details

Overview

  • Association fees include cable TV, trash, pest control, sewer, water
  • 4 Units
  • Pb Hotel Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$2,119

Year Built

Built in 1925

Lot Details

0

HOA Fees

$1,486 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Sunrise Ave
  • Building Name: PB Hotel
  • Year Built: 1925
  • Location Tax Legal:Name of Building: PB Hotel
  • Location Tax Legal:Zoned: R-D(2) - Heavy Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 2119.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 542.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 1486.22
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 4
  • General Property Description:_pound_ Floors: 4.0
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Maintenance Includes:Cable TV: Yes
  • ACHeat:Units Air: Yes
  • ACHeat:Units Heat: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: W/W Carpeting
  • Interior Amenities: Smoke Alarms
  • Living Area: 542.0
  • Stories: 4
  • Interior Features:Smoke Alarms: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes

Garage/Parking

  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Cooling: Units Air
  • Cooling Y N: Yes
  • Heating: Units Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Trash, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 50434315280003034
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 4
  • Maintenance Expense: 1486.22

Tax Info

  • Tax Annual Amount: 2119.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
May 15, 2025
Sold by
Fwi Ii Llc
Bought by
Pastore Robert and Pastore Laura
Seller's Agent
PAT McINERNEY
Brown Harris Stevens of Palm Beach 6598
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$789,000
Sold Price
$640,000
Premium/Discount to List
-$149,000
-18.88%
Views
264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-37.27%
Original Mortgage
$540,000
Outstanding Balance
$518,895
Interest Rate
6.62%
Mortgage Type
Balloon
Estimated Equity
$69,573

Purchase Details

Listed on
Feb 21, 2012
Closed on
Aug 28, 2012
Sold by
Federal National Mortgage Association
Bought by
Fwi Ii Llc
Seller's Agent
Jean Marseille
Legacy Realty & Development
Buyer's Agent
Jean Marseille
Legacy Realty & Development
List Price
$89,500
Sold Price
$52,500
Premium/Discount to List
-$37,000
-41.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.71%

Purchase Details

Closed on
Jul 20, 2011
Sold by
Warlick John W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 5, 2007
Sold by
Cruzan Terraces Inc
Bought by
Warlick John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,420
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2004
Sold by
Morris Joe and Morris Mary Ellen
Bought by
Cruzan Terraces Inc

Purchase Details

Closed on
Sep 10, 2003
Sold by
Giordano Teresa
Bought by
Morris Joe and Morris Mary Ellen

Purchase Details

Closed on
Sep 5, 2000
Sold by
Sherman Allen C and Sherman Jean S
Bought by
Giordano Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.24%
Mortgage Type
Balloon
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 $640,000 None Listed On Document
Special Warranty Deed $52,500 New House Title Llc
Warranty Deed $98,159 Attorney
Warranty Deed -- Tropical Land Title Insuranc
Warranty Deed $117,000 Fidelity National Title Insu
Warranty Deed $65,000 Fidelity National Title Insu
Warranty Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,000 Balloon
Previous Owner $102,420 Purchase Money Mortgage
Previous Owner $25,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $640,000 -0.6% $1,181 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
11/27/2024 11/27/24 Price Changed $644,000 -0.8% $1,188 / Sq Ft
10/14/2024 10/14/24 Price Changed $649,000 -0.8% $1,197 / Sq Ft
09/04/2024 09/04/24 Price Changed $654,000 -0.8% $1,207 / Sq Ft
08/06/2024 08/06/24 Price Changed $659,000 -1.5% $1,216 / Sq Ft
06/28/2024 06/28/24 Price Changed $669,000 -1.5% $1,234 / Sq Ft
05/22/2024 05/22/24 Price Changed $679,000 -2.3% $1,253 / Sq Ft
05/14/2024 05/14/24 Price Changed $695,000 -2.0% $1,282 / Sq Ft
05/03/2024 05/03/24 Price Changed $709,000 -1.4% $1,308 / Sq Ft
04/18/2024 04/18/24 Price Changed $719,000 -4.0% $1,327 / Sq Ft
03/20/2024 03/20/24 Price Changed $749,000 -2.6% $1,382 / Sq Ft
03/06/2024 03/06/24 Price Changed $769,000 -1.3% $1,419 / Sq Ft
10/12/2023 10/12/23 Price Changed $779,000 -1.3% $1,437 / Sq Ft
06/01/2023 06/01/23 For Sale $789,000 +1402.9% $1,456 / Sq Ft
08/30/2012 08/30/12 Sold $52,500 -41.3% $194 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $89,500 -- $330 / 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 $3,294 $116,978 -- --
2023 $3,128 $106,344 $0 $0
2022 $2,119 $96,676 $0 $0
2021 $1,858 $114,000 $0 $114,000
2020 $1,664 $94,000 $0 $94,000
2019 $1,590 $89,000 $0 $89,000
2018 $1,347 $69,000 $0 $69,000
2017 $1,307 $69,000 $0 $0
2016 $1,045 $54,571 $0 $0
2015 $1,036 $49,610 $0 $0
2014 $986 $45,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-971

APN: 50-43-43-15-28-000-3034