NOT LISTED FOR SALE

2560 S Ocean Blvd Unit 515 Palm Beach, FL 33480

Estimated Value: $355,877 - $680,000

2 Beds
2 Baths
1,234 Sq Ft
$504/mo HOA Fee

Last Sold May 07, 2012

Last sale price $90,670 $73 Per Sq Ft

Est. 493% increase in value since last sale

Current estimated payment $3,739/month

18 Days on Market

Highlights

  • Private Pool
  • Zero Lot Line
  • Street paved with bricks
  • Palm Beach Public School Rated A-
  • Central Air
  • Carpet

About This Home

As of May 2012

Short Sale. Water damage

Last Agent to Sell the Property

Michael Spina

INDEPENDENCE REALTY LLC License #3081947 Listed on: 09/08/2011

Last Buyer's Agent

Michael Spina

INDEPENDENCE REALTY LLC License #3081947 Listed on: 09/08/2011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1970

Lot Details

  • Street paved with bricks
  • Zero Lot Line

HOA Fees

  • $504 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,234 Sq Ft Home
  • Carpet
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Private Pool
  • Spa

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50-43-44-23-20-000-5150
  • Tax Block 22267

Community Details

Overview

  • Association fees include maintenance structure
  • 2560 South Ocean Boulevard Condominium Subdivision
  • 7-Story Property

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,968

Year Built

Built in 1970

Lot Details

0

HOA Fees

$504 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1234
  • New Construction: No
  • Year Built: 1970
  • Directions to Property: US 1 S to Spanish River Blvd turn left to N Ocean Blvd turn right
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 5
  • List Office Head Office Key Nume: 1053679
  • RATIO Current Price By Calculate: 73.48
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2011
  • Special Features: 12

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Elevator
  • Appliances Included: Dishwasher
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 7
  • Street Number Modifier: 2560
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 3

Exterior Features

  • Exterior Features: Other
  • Roof: Roof Over
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 504
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Association Fee Requirement: Required
  • Building Name Number: SOUTH OCEAN BOULEVARD CONDOMIN

Fee Information

  • Total Annual Fees: 6048.00
  • Total Monthly Fees: 504.00

Lot Info

  • Zoning: RES
  • Parcel Number: 50-43-44-23-20-000-5150
  • Additional Parcels: No
  • Lot Features: Street Brick, Paved, Zero Lot Line
  • Homestead YN: 0

Rental Info

  • Pets Allowed: No
  • Expected Lease Date: 2012-05-07T00:00:00.000

Tax Info

  • Tax Annual Amount: 1968
  • Tax Block: 22267
  • Tax Book Number: 22267 / 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2012
Sold by
Dizengoff Palm Beach Llc
Bought by
2560 S Ocean Llc
Current Estimated Value
$537,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,946,000
Outstanding Balance
$6,171,084
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$5,633,115

Purchase Details

Listed on
Sep 8, 2011
Closed on
Apr 30, 2012
Sold by
Pomerantz Daniel and Pomorantz Janet
Bought by
Dizengoff Palm Beach Llc
Seller's Agent
Michael Spina
INDEPENDENCE REALTY LLC
Buyer's Agent
Michael Spina
INDEPENDENCE REALTY LLC
List Price
$90,670
Sold Price
$90,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%

Purchase Details

Closed on
Oct 25, 2007
Sold by
Whitehouse 94 Llc
Bought by
Pomorantz Daniel I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,920
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2560 S Ocean Llc $12,780,000 Attorney
Dizengoff Palm Beach Llc $90,670 The Classic Title Agency Llc
Pomorantz Daniel I $509,900 Gables Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2560 S Ocean Llc $8,946,000
Previous Owner Pomorantz Daniel I $407,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2014 06/16/14 Off Market $90,670 -- --
05/07/2012 05/07/12 Sold $90,670 0.0% $73 / Sq Ft
09/27/2011 09/27/11 Pending -- -- --
09/08/2011 09/08/11 For Sale $90,670 -- $73 / Sq Ft
Source: Stellar MLS

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 $4,704 $255,088 -- --
2023 $4,316 $231,898 $0 $0
2022 $4,244 $210,816 $0 $0
2021 $3,660 $204,000 $0 $204,000
2020 $3,404 $184,000 $0 $184,000
2019 $3,211 $169,000 $0 $169,000
2018 $2,977 $169,000 $0 $169,000
2017 $2,838 $159,000 $0 $0
2016 $2,144 $119,000 $0 $0
2015 $2,121 $113,000 $0 $0
2014 $2,060 $108,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Spina

    INDEPENDENCE REALTY LLC

    (407) 864-6220

    4 Total Sales

    Michael Spina
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5062810

Stellar MLS

APN: 50-43-44-23-20-000-5150

Florida Palm Beach County Palm Beach 33480

2560 S Ocean Blvd Unit 515, Palm Beach, FL

This home is located at 2560 S Ocean Blvd Unit 515, Palm Beach, FL 33480 since 08 September 2011 and is currently estimated at $537,969, approximately $435 per square foot. This property was built in 1970. 2560 S Ocean Blvd Unit 515 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.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes