NOT LISTED FOR SALE

246 Atlantic Ave Unit 3 Palm Beach, FL 33480

North End Neighborhood

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

2 Beds
2 Baths
1,093 Sq Ft
$4,606/Sq Ft Est. Value

Highlights

  • Lake Front
  • Wood Flooring
  • Garage
  • Palm Beach Public School Rated A-
  • Cooling Available
  • Laundry Facilities

About This Home

As of August 2018

Quaint building on great street. Walk to Publix, shops and the beach. Second floor with wood floors and updated kitchen. Freshly painted. Bike storage out back for tenant use. Shared co-op washer/dryer downstairs. Pet friendly and Easy to show.

Last Agent to Rent the Property

JESSICA ZAHN

Illustrated Properties LLC PB License #SL-3289000 Listed on: 07/10/2018

Last Renter's Agent

Jessica Zahn

Illustrated Properties LLC License #SL-3289000

Illustrated Properties LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $42,670

Year Built

  • Built in 1960

Lot Details

  • 7,492

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Pest Guard System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Garage
  • No Garage

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Non-Toxic Pest Control
  • Lake Front

Listing and Financial Details

  • Security Deposit $2,250
  • Rent includes water
  • 12 Month Lease Term
  • Assessor Parcel Number 50434315030000180

Community Details

Overview

  • 4 Units
  • Leonardo Community
  • Orange Grove Park Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$42,670

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Subdivision Name: Orange Grove Park
  • Directions: N County left on Atlantic. Property will be on your left.
  • Architectural Style: Two Story
  • Building Name: Leonardo
  • Garage Yn: Yes
  • Year Built: 1960
  • Location Tax Legal:Name of Building: Leonardo
  • 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
  • Appliances Microwave: Yes
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • Contract Information:Deposit Amount: 2250.0
  • Pets:Pets Allowed: Yes
  • Lease Type:Annual: Yes
  • Laundry:Laundry in Bldg: Yes
  • Utilities Included:Water: Yes
  • Services Included:Pest Control2: Yes
  • ACHeat:Units Air: Yes
  • Waterfront - Unit:Lakefront4: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range-Electric, Microwave
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Bldg
  • Heating: Units Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water
  • Amenities: Pest Control

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
Not Available
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
08/21/2018 08/21/18 Rented $2,250 0.0% --
07/22/2018 07/22/18 Under Contract -- -- --
07/10/2018 07/10/18 For Rent $2,250 +25.0% --
12/19/2013 12/19/13 Rented $1,800 0.0% --
11/19/2013 11/19/13 Under Contract -- -- --
10/29/2013 10/29/13 For Rent $1,800 -- --
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: 18-1361

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