$925,000
SOLD MAY 15, 2013
3 Beds
3 Baths
2,590 Sq Ft
$2,280/mo HOA Fee

Recently Sold

$357 Per Sq Ft

21% Below List Price

129 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Heated Pool
  • Palm Beach Public School Rated A-
  • Gated with Attendant
  • Clubhouse

About This Home

As of May 2013

Gorgeous Ocean views from wrap around terrace of this 3BR/3BA 2500 Building apartment. Beautifully renovated with high ceilings and private dining terrace. Sought after building with new lobby, party room, 2 tennis courts and fabulous pool area.

Last Agent to Sell the Property

Joan Wenzel

Douglas Elliman License #597469 Listed on: 12/06/2012

Douglas Elliman

Co-Listed By

Sandra Hutzler

The Fite Group License #0515594

Last Buyer's Agent

james clarke

Illustrated Properties License #3257242

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1978

Lot Details

HOA Fees

  • $2,280 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,590 Sq Ft Home
  • Den
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 50434423070020041

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, sewer, trash, water
  • 60 Units
  • 2500 South Ocean Blvd Con Subdivision
  • 5-Story Property

Recreation

Additional Features

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,000

Year Built

Built in 1978

Lot Details

0

HOA Fees

$2,280 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South on A1A next to Par 3 and The Four Seasons Hotel
  • Year Built: 1978
  • Entry Level: 1
  • Special Features: None

Interior Features

  • Interior Amenities: Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 2590.0
  • Dining Room Type: Den, Storage Room
  • Stories: 5

Exterior Features

  • Exterior Features: Patio, TV Antenna
  • View: Ocean
  • Pool Features: Heated, None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Gated with Guard, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Water Available

Condo/Co-op/Association

  • Association Fee: 2280.0
  • Community Features: Clubhouse, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434423070020041
  • Zoning Description: RD-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 10000.0

Multi Family

  • Number Of Units In Community: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2023
Sold by
Laura R Lancaster 2010 Family Trust
Bought by
Ryba Andrew A and Mercure Ruby H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,959,528
Interest Rate
6.45%
Mortgage Type
New Conventional
Estimated Equity
$1,192,880

Purchase Details

Listed on
Dec 6, 2012
Closed on
Jun 17, 2013
Sold by
Lancaster Laura
Bought by
Lancaster Laura and The Laura R Lancaster 2010 Family Trust
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
james clarke
Illustrated Properties
List Price
$1,175,000
Sold Price
$925,000
Premium/Discount to List
-$250,000
-21.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%

Purchase Details

Listed on
Dec 6, 2012
Closed on
May 15, 2013
Sold by
Friedman Ellen and Greenberg Nancy Ann
Bought by
Lancaster Laura
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
james clarke
Illustrated Properties
List Price
$1,175,000
Sold Price
$925,000
Premium/Discount to List
-$250,000
-21.28%

Purchase Details

Closed on
Dec 23, 2009
Sold by
Holtz Viola
Bought by
Greenberg Nancy Ann

Purchase Details

Closed on
Nov 26, 2008
Sold by
Holtz Viola
Bought by
Greenberg Nancy Ann

Purchase Details

Closed on
Nov 21, 2005
Sold by
Holtz Viola
Bought by
Greenberg Nancy Ann

Purchase Details

Closed on
Oct 3, 2005
Sold by
Pitcock Leonard Early
Bought by
Holtz Viola

Purchase Details

Closed on
Mar 27, 2002
Sold by
Stoneman Miriam H
Bought by
Pitcock Leonard Early

Purchase Details

Closed on
Sep 7, 2001
Sold by
Fishman Ronald G
Bought by
Stoneman Miriam H

Purchase Details

Closed on
Aug 17, 1999
Sold by
Strausberg Mildred
Bought by
Fishman Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.7%
Mortgage Type
New Conventional
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 $2,900,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $925,000 Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $705,000 --
Warranty Deed $1,100,000 Classic Title & Abstract Inc
Warranty Deed $900,000 --
Warranty Deed $850,000 --
Warranty Deed $325,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $380,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 Price Changed $3,250,000 -12.2% $1,192 / Sq Ft
11/01/2024 11/01/24 For Sale $3,700,000 +300.0% $1,357 / Sq Ft
05/15/2013 05/15/13 Sold $925,000 -21.3% $357 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
12/06/2012 12/06/12 For Sale $1,175,000 -- $454 / 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 $37,882 $2,500,000 -- --
2023 $10,838 $718,081 $0 $0
2022 $10,835 $697,166 $0 $0
2021 $11,041 $676,860 $0 $0
2020 $11,050 $667,515 $0 $0
2019 $11,020 $652,507 $0 $0
2018 $10,482 $640,341 $0 $0
2017 $10,468 $627,170 $0 $0
2016 $9,979 $614,270 $0 $0
2015 $10,317 $610,000 $0 $0
2014 $10,452 $610,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3329545

BeachesMLS

APN: 50-43-44-23-07-002-0041