NOT LISTED FOR SALE

The Presidents of Palm Beach 2505 S Ocean Blvd Unit 214 Floor 214 Palm Beach, FL 33480

Estimated Value: $477,212 - $928,000

2 Beds
2 Baths
1,116 Sq Ft
$1,131/mo HOA Fee

Last Sold April 05, 2018

Last sale price $310,000 $278 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,890/month

57 Days on Market

Highlights

  • Doorman
  • Boat Ramp
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • Heated Pool

About This Home

As of April 2018

Come and see the amazing intracoastal views from this 2 bed/2 bath unit at the President of Palm Beach. Fully updated with washer and dryer in unit! Pool, beach access, tennis courts, and docks! Clubhouse and gym currently under construction. Move-in ready!

Last Agent to Sell the Property

Jennifer Thron

Sandals Realty Group, Inc. License #3276233 Listed on: 01/07/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,976

Year Built

  • Built in 1970

Lot Details

HOA Fees

  • $1,131 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 1,116 Sq Ft Home
  • Bar

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Pool
  • Wrap Around Porch

Schools

  • Palm Beach Public Elementary School

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 50434423010002140

Community Details

Overview

  • Association fees include management, insurance, maintenance structure, pest control
  • High-Rise Condominium
  • President Of Palm Beach C Subdivision
  • 7-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,976

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,131 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From Palm Beach: South on Ocean Blvd past the Par 3 Golf Course. Building is adjacent to the Par 3, just to the South, on the intracoastal side.
  • Year Built: 1970
  • Architectural Style: High Rise
  • Entry Level: 214
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: None

Interior Features

  • Interior Amenities: Separate Shower, Bar, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Living Area: 1116.0
  • Dining Room Type: Storage Room
  • Stories: 7
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Porch, TV Antenna
  • View: Golf Course, Intercoastal
  • Pool Features: Heated, None, Association, Community
  • Pool Private: No
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Assigned, Open

Utilities

  • Laundry Features: Common Area
  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 1131.0
  • Community Features: Boat Facilities, Clubhouse, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Laundry, Management, Pool, Storage, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Structure, Pest Control

Schools

  • Elementary School: Palm Beach Public

Lot Info

  • Parcel #: 50434423010002140
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2976.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2018
Closed on
Apr 5, 2018
Sold by
Lieberman Eric and Buhler Diane
Bought by
Darlington Stephen G and Darlington Mary E
Seller's Agent
Jennifer Thron
Sandals Realty Group, Inc.
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%
Current Estimated Value
$623,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,053
Avg. Annual Appreciation
9.46%
Original Mortgage
$232,500
Outstanding Balance
$198,651
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$424,402

Purchase Details

Listed on
May 8, 2017
Closed on
Jul 12, 2017
Sold by
Mcclary Robert Harris and Nguyen Bich Nhu
Bought by
Lieberman Eric and Buhler Diane
Seller's Agent
Jennifer Thron
Sandals Realty Group, Inc.
Buyer's Agent
Amanda Glass
Sandals Realty Group, Inc.
List Price
$285,000
Sold Price
$273,000
Premium/Discount to List
-$12,000
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.02%
Original Mortgage
$218,400
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2011
Sold by
Nguyen Bich Nhu T
Bought by
Nguyen Bich Nhu T and Mcclary Robert Harris

Purchase Details

Closed on
Nov 17, 2009
Sold by
White Laurie C
Bought by
Nguyen Bich Nhu T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2007
Sold by
White Joel Steven and White Laurie C
Bought by
White Laurie C

Purchase Details

Closed on
Nov 5, 2001
Sold by
Kane Eric and Kane Susan
Bought by
White Joel Steven and White Laurie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,400
Interest Rate
6.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Darlington Stephen G $310,000 Attorney
Lieberman Eric $273,000 Attorney
Nguyen Bich Nhu T $49,200 None Available
Nguyen Bich Nhu T $137,500 None Available
White Laurie C -- Attorney
White Joel Steven $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darlington Stephen G $232,500
Previous Owner Lieberman Eric $218,400
Previous Owner Nguyen Bich Nhu T $100,000
Previous Owner White Joel Steven $52,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2018 04/05/18 Sold $310,000 -5.8% $278 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
01/07/2018 01/07/18 For Sale $329,000 +20.5% $295 / Sq Ft
07/12/2017 07/12/17 Sold $273,000 0.0% $245 / Sq Ft View Prior Sale
07/12/2017 07/12/17 Sold $273,000 -4.2% $245 / Sq Ft View Prior Sale
06/19/2017 06/19/17 Pending -- -- --
06/12/2017 06/12/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $285,000 +4.4% $255 / Sq Ft
01/26/2017 01/26/17 For Sale $273,000 0.0% $245 / Sq Ft
12/01/2014 12/01/14 Rented $3,400 0.0% --
11/01/2014 11/01/14 Under Contract -- -- --
08/22/2013 08/22/13 For Rent $3,400 -- --
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
2025 $5,815 $380,666 -- --
2024 $5,815 $346,060 -- --
2023 $5,345 $314,600 $0 $0
2022 $4,803 $286,000 $0 $0
2021 $4,315 $260,000 $0 $260,000
2020 $4,218 $250,000 $0 $250,000
2019 $4,056 $235,000 $0 $235,000
2018 $3,113 $185,000 $0 $185,000
2017 $2,976 $170,000 $0 $0
2016 $2,419 $135,000 $0 $0
2015 $2,516 $135,000 $0 $0
2014 $1,650 $124,935 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jennifer Thron

    Sandals Realty Group, Inc.

    (561) 659-5113

    17 Total Sales

    Jennifer Thron
    Section Image

  • N

    Buyer's Agent in 2017

    NON MEMBER

    NON MEMBER FIRM

  • A

    Buyer's Agent in 2017

    Amanda Glass

    Sandals Realty Group, Inc.

    (561) 651-4159

    91 Total Sales

    Amanda Glass
    Section Image
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About The Presidents of Palm Beach

Map

Source: BeachesMLS

MLS Number: R10394211

BeachesMLS

APN: 50-43-44-23-01-000-2140

Florida Palm Beach County Palm Beach 33480

2505 S Ocean Blvd Unit 214, Palm Beach, FL

Not Listed for Sale

Condos

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