NOT LISTED FOR SALE

Estimated Value: $379,000 - $528,000

1 Bed
1 Bath
444 Sq Ft
$1,048/Sq Ft Est. Value

Last Sold June 01, 2015

Last sale price $179,000 $403 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $3,897/month

19 Days on Market

Highlights

  • Doorman
  • Gas Heated Pool
  • Property is near a clubhouse
  • Palm Beach Public School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of June 2015

Palm Beach Hotel located in the center of town close to shops, beach and restaurants. The Bell Tower corner PH is the best deal in Palm Beach. Bright and sunny, beautifully renovated is your own pied-a-terre and features an open living area with high pecky cypress ceilings and an eat- in kitchen. One of a kind views over the treetops and the Breakers. Great income opportunity with flexible renting options. Your maintenance includes utilities. Now under new management. Doorman and on-site pool, salon and spa. The Palm Beach Hotel is the best kept secret on the Island.

Last Agent to Sell the Property

MIMI VAIL

Douglas Elliman Listed on: 04/22/2015

Co-Listed By

Victoria Brewer

Douglas Elliman License #SL-3065411

Last Buyer's Agent

MELANIE HARRIS

Douglas Elliman License #SL-3248743

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $1,733

Year Built

  • Built in 1924

Lot Details

  • 1.81

HOA Fees

  • $916 Monthly HOA Fees

Interior Spaces

  • 444 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Fireplace
  • Dining Area
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • Garage
  • No Garage

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Home has sun exposure from multiple directions
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 50434315280004080

Community Details

Overview

  • Association fees include insurance, cable TV, common area, trash, sewer, water
  • 204 Units
  • Pb Hotel Community

Amenities

  • Doorman
  • Common Area
  • Clubhouse
  • Laundry Facilities
  • Elevator

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$1,733

Year Built

Built in 1924

Lot Details

0

HOA Fees

$916 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: PB Hotel
  • Garage Yn: Yes
  • Year Built: 1924
  • Location Tax Legal:Name of Building: PB Hotel
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 1733.0
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 444.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 916.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 204
  • General Property Description:_pound_ Floors: 4.0
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: No
  • Exposure of Unit:West2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Range - Electric
  • Total Bedrooms: 1
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Ceiling Fan, Fireplace, Smoke Alarms
  • Living Area: 444.0
  • Stories: 4
  • Interior Features:Smoke Alarms: Yes
  • Other Rooms:Other (See Remarks)8: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai, Clubhouse, Elevator, Lobby
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Trash, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434315280004080
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 204
  • Maintenance Expense: 916.0

Tax Info

  • Tax Annual Amount: 1733.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2019
Sold by
New York Street Llc
Bought by
Anderson John Arvid and Anderson Heidi Ruth
Total Days on Market
19
Current Estimated Value
$465,170

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jun 1, 2015
Sold by
Hornbeck Geoffrey and Oliver Ann
Bought by
New York Street Llc
Seller's Agent
MIMI VAIL
Douglas Elliman
Buyer's Agent
MELANIE HARRIS
Douglas Elliman
List Price
$179,000
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%

Purchase Details

Listed on
Oct 28, 2014
Closed on
Nov 7, 2014
Sold by
Owen Tara A
Bought by
Hombeck Geoffrey
Seller's Agent
PAUL BERGMAN
K2 Realty, Inc.
Buyer's Agent
Paul Bergman
Douglas Elliman
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.25%

Purchase Details

Closed on
Sep 16, 2003
Sold by
Lo Edmund T
Bought by
Owen Tara A

Purchase Details

Closed on
Jul 16, 2002
Sold by
Samuels Susan Robin
Bought by
Lo Edmund T

Purchase Details

Closed on
Dec 30, 1999
Sold by
Property Developers Inc
Bought by
Samuels Susan R
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
Anderson John Arvid $212,000 Attorney
New York Street Llc $179,000 None Available
Hombeck Geoffrey $150,000 Attorney
Owen Tara A $154,000 Fidelity National Title Ins
Lo Edmund T $81,000 Fidelity National Title Ins
Samuels Susan R $56,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2015 06/01/15 Sold $179,000 0.0% $403 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $179,000 +19.3% $403 / Sq Ft
10/28/2014 10/28/14 For Sale $150,000 0.0% $280 / Sq Ft
10/07/2014 10/07/14 Sold $150,000 -- $280 / 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 $4,443 $190,333 -- --
2023 $4,201 $173,030 $0 $0
2022 $2,980 $157,300 $0 $0
2021 $2,577 $150,000 $0 $150,000
2020 $2,348 $130,000 $0 $130,000
2019 $2,310 $125,000 $0 $125,000
2018 $2,204 $125,000 $0 $125,000
2017 $2,033 $110,000 $0 $0
2016 $2,144 $125,000 $0 $0
2015 $2,142 $120,000 $0 $0
2014 $1,733 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-899

APN: 50-43-43-15-28-000-4080