NOT LISTED FOR SALE

246 Atlantic Ave Unit 2 Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $3,026,283 - $6,567,000

1 Bed
1 Bath
950 Sq Ft
$5,299/Sq Ft Est. Value

Highlights

  • Cooling Available
  • Ceiling Fan
  • Laundry Facilities
  • Palm Beach Public School Rated A-
  • Garage
  • Wall to Wall Carpet

About This Home

As of October 2012

Unique 1 bedroom, 1 bath in Art Deco style building. Very well maintained with new roof. Pets welcomed. Ideally located to nearby restaurants, shops, grocery, beach and lake trails.

Last Agent to Rent the Property

STEVE HALL

HALL REAL ESTATE Listed on: 10/19/2012

Last Renter's Agent

Mary Boykin

Sotheby's International Realty, Inc. License #561998

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $42,670

Year Built

  • Built in 1960

Lot Details

  • Sprinkler System

Interior Spaces

  • 950 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wall to Wall Carpet
  • Fire and Smoke Detector

Kitchen

  • Single Oven
  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • Garage
  • No Garage
  • Open Parking

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,300
  • Rent includes water, sewer
  • 12 Month Lease Term
  • Assessor Parcel Number 50434315030000180

Community Details

Overview

  • 4 Units
  • Leonardo Community
  • Orange Grove Park Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$42,670

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: Orange Grove Park
  • Directions: North County Road to west on Atlantic Ave. Fifth Building down on the south side of street.
  • Architectural Style: Two Story
  • Building Name: Leonardo
  • Garage Yn: Yes
  • Year Built: 1960
  • Location Tax Legal:Name of Building: Leonardo
  • General Property Description:Living Area: 950.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Units in Complex: 4
  • General Property Description:_pound_ Floors: 2.0
  • Appliances Refrigerators: Yes
  • Floors:WW Carpeting: Yes
  • Style:Two Story: Yes
  • Contract Information:Deposit Amount: 1300.0
  • Lease Type:Annual: Yes
  • Laundry:Laundry in Bldg: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • ACHeat:Units Air: Yes
  • Special Features: None

Interior Features

  • Appliances: Disposal, Refrigerator, Range-Electric, Oven-Single
  • Total Bedrooms: 1
  • Flooring: W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Smoke Alarms
  • Living Area: 950.0
  • Stories: 2
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Smoke Alarms2: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Sprinkler System
  • Exterior Features:Sprinkler System: Yes

Garage/Parking

  • Parking:Open Parking: Yes
  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Bldg
  • Security: No Security
  • Heating: Units Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water, Sewer
  • Amenities: No Services

Lot Info

  • Parcel #: 50434315030000180

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2012
Sold by
246 Atlantic Avenue Llc
Bought by
Teddys Land Joint Venture Llc
Current Estimated Value
$5,034,428

Purchase Details

Closed on
Jan 4, 2005
Sold by
Leonardo Llc
Bought by
246 Atlantic Avenue Llc

Purchase Details

Closed on
Aug 2, 2002
Sold by
Rosenfeld Marc S and Rosenfeld Alphonsia P
Bought by
Leonardo Ltd Liability Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,118
Interest Rate
6.67%

Purchase Details

Closed on
Jul 17, 2002
Sold by
Fox Seymour and Judith Fox M
Bought by
Rosenfeld Marc S and Rosenfeld Alphonsia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,118
Interest Rate
6.67%
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
Teddys Land Joint Venture Llc $915,000 Attorney
246 Atlantic Avenue Llc $1,367,500 Standard Title Insurance Age
Leonardo Ltd Liability Company $600,000 --
Rosenfeld Marc S $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosenfeld Marc S $595,118
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2012 10/19/12 Rented $1,250 0.0% --
10/19/2012 10/19/12 For Rent $1,250 -- --
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 $42,670 $2,373,276 -- --
2023 $43,951 $2,157,524 $0 $0
2022 $39,233 $1,961,385 $0 $0
2021 $34,805 $2,344,807 $2,127,500 $217,307
2020 $30,603 $1,887,856 $1,600,000 $287,856
2019 $29,385 $1,829,155 $1,536,000 $293,155
2018 $26,962 $1,813,595 $1,552,986 $260,609
2017 $23,475 $1,390,860 $1,222,824 $168,036
2016 $21,780 $1,107,150 $0 $0
2015 $20,052 $1,006,500 $0 $0
2014 $20,269 $1,006,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-2312

APN: 50-43-43-15-03-000-0180