NOT LISTED FOR SALE

2560 S Ocean Blvd Unit 302 Palm Beach, FL 33480

Estimated Value: $435,507 - $1,063,000

2 Beds
2 Baths
1,234 Sq Ft
$500/mo HOA Fee

Last Sold June 12, 2012

Last sale price $160,000 $130 Per Sq Ft

Est. 359% increase in value since last sale

Current estimated payment $4,567/month

141 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Great Room
  • Patio
  • Palm Beach Public School Rated A-
  • Community Pool
  • Card or Code Access

About This Home

As of June 2012

Lovely third floor corner unit with northwest exposure and views of the Intracoastal from the wrap around balcony. Sliding glass doors to the balcony from every room including the kitchen! Tiled living areas, carpet in both bedrooms. Two masters! $19,000 SPECIAL ASSESSMENT. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Warren Cleveland

Every Florida Home License #3204490 Listed on: 12/23/2011

Co-Listed By

Jeanne Greek

Gulfstream Properties License #3013868

Last Buyer's Agent

Jeanne Greek

Gulfstream Properties License #3013868

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,804

Year Built

  • Built in 1970

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

HOA Fees

  • $500 Monthly HOA Fees

Interior Spaces

  • 1,234 Sq Ft Home
  • 4-Story Property
  • Great Room
  • Family Room
  • Intracoastal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423200003020

Community Details

Overview

  • Association fees include sewer, trash, water
  • High-Rise Condominium
  • 2560 South Ocean Blvd Con Subdivision

Recreation

  • Community Pool

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,804

Year Built

Built in 1970

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: E- Lake Worth Bridge; N- South Ocean 3/4 mile West aide of street
  • Year Built: 1970
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1234.0
  • Dining Room Type: Family Room, Great Room
  • Stories: 4

Exterior Features

  • Exterior Features: Patio
  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Covered

Utilities

  • Security: Key Card Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Sewer, Trash, Water

Lot Info

  • Parcel #: 50434423200003020
  • Zoning Description: RES

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 2804.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2011
Closed on
Jun 15, 2012
Sold by
Federal National Mortgage Association
Bought by
Lee Ronald
Seller's Agent
Warren Cleveland
Every Florida Home
Buyer's Agent
Jeanne Greek
Gulfstream Properties
List Price
$174,500
Sold Price
$160,000
Premium/Discount to List
-$14,500
-8.31%
Current Estimated Value
$735,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,127
Avg. Annual Appreciation
12.08%
Original Mortgage
$144,000
Outstanding Balance
$99,797
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$635,330

Purchase Details

Closed on
Jul 19, 2011
Sold by
Paine Edward
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 27, 2007
Sold by
Whitehouse 94 Llc
Bought by
Paine Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,648
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Lee Ronald $160,000 Attorney
Federal National Mortgage Association $412,500 Attorney
Paine Edward $575,900 Gables Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ronald $144,000
Previous Owner Paine Edward $414,648
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2012 06/12/12 Sold $160,000 -8.3% $130 / Sq Ft
05/13/2012 05/13/12 Pending -- -- --
12/23/2011 12/23/11 For Sale $174,500 -- $141 / 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 $2,170 $163,688 -- --
2023 $2,095 $158,920 $0 $0
2022 $2,074 $154,291 $0 $0
2021 $2,103 $149,797 $0 $0
2020 $2,095 $147,729 $0 $0
2019 $2,080 $144,408 $0 $0
2018 $1,972 $141,715 $0 $0
2017 $1,957 $138,800 $0 $0
2016 $1,752 $135,945 $0 $0
2015 $1,808 $135,000 $0 $0
2014 $2,441 $129,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    Warren Cleveland

    Every Florida Home

    (561) 307-1332

    Warren Cleveland
    Section Image

  • J

    Seller Co-Listing Agent in 2012

    Jeanne Greek

    Gulfstream Properties

    (561) 732-6833

    Jeanne Greek
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3247961

BeachesMLS

APN: 50-43-44-23-20-000-3020

Florida Palm Beach County Palm Beach 33480

2560 S Ocean Blvd Unit 302, Palm Beach, FL

This home is located at 2560 S Ocean Blvd Unit 302, Palm Beach, FL 33480 since 23 December 2011 and is currently estimated at $735,127, approximately $595 per square foot. This property was built in 1970. 2560 S Ocean Blvd Unit 302 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Lake Worth Community Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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