NOT LISTED FOR SALE

Estimated Value: $1,783,000 - $2,296,000

2 Beds
2.5 Baths
2,307 Sq Ft
$1,957/mo HOA Fee

Last Sold April 30, 2024

Last sale price $1,700,000 $737 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $13,312/month

147 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Community Pool
  • Boca Raton Community Middle School Rated A-
  • Gated Community
  • Elevator

About This Home

As of April 2024

YOU WILL BE CAPTIVATED BY THE PANORAMIC DIRECT OCEAN AND PRISTINE SANDY BEACH VIEWS FROM ALL THE MAIN ROOMS! IMPACT GLASS WINDOWS THROUGHOUT. RENOVATED FLOORS & BATHROOMS. 2 GARAGE SPACES! MANAGER ON SITE. RESORT STYLE POOL DECK AND LOUNGE AREA. PRIVATE BEACH ACCESS AND BBQ AREA. THE TOWNHOUSES OF HIGHLAND BEACH IS A BOUTIQUE OCEANFRONT COMMUNITY OF ONLY 72 RESIDENCES. PET FRIENDLY! SITUATED BETWEEN DELRAY BEACH & BOCA RATON! MINUTES FROM RESTAURANTS, ART GALLERIES, WORLD CLASS SHOPPING AND CULTURAL ACTIVIES!

Last Agent to Sell the Property

Nancy Ghen

Coldwell Banker/BR License #534196 Listed on: 10/12/2023

Coldwell Banker/BR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,198

Year Built

  • Built in 1981

Lot Details

  • 4.88

HOA Fees

  • $1,957 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Property Views

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 2,307 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio

Listing and Financial Details

  • Assessor Parcel Number 24434628470012100

Community Details

Overview

  • Association fees include management, common areas, cable TV, ground maintenance, parking, reserve fund, water
  • 72 Units
  • Townhouses Of Highland Be Subdivision
  • 8-Story Property

Amenities

  • Elevator
  • Bike Room

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,198

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,957 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: ON THE OCEAN SIDE OF A1A BETWEEN SPANISH RIVER BLVD AND LINTON. JUST NORTH OF THE DELRAY SANDS RESORT
  • Year Built: 1981
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Living/Dining Room, Pantry
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Other
  • Living Area: 2307.0
  • Dining Room Type: Laundry
  • Stories: 8
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Ocean, Pool
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1957.0
  • Community Features: Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Management, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Maintenance Grounds, Parking, Reserve Fund, Water

Lot Info

  • Parcel #: 24434628470012100
  • Zoning Description: RESIDENT

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 17198.0

Multi Family

  • Number Of Units In Community: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Apr 29, 2024
Sold by
Anthony J Madormo Trust and Madormo Anthony J
Bought by
Marc Fogassa Revocable Trust and Fogassa
Seller's Agent
Nancy Ghen
Coldwell Banker/BR
List Price
$2,200,000
Sold Price
$1,700,000
Premium/Discount to List
-$500,000
-22.73%
Views
74
Current Estimated Value
$1,816,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,674
Avg. Annual Appreciation
8.88%
Original Mortgage
$1,275,000
Outstanding Balance
$1,251,347
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$703,125

Purchase Details

Closed on
Mar 20, 2023
Sold by
Madormo Heirs Trust
Bought by
Anthony J Madormo Trust

Purchase Details

Closed on
Mar 17, 2023
Sold by
Patrick Madormo Residence Trust
Bought by
Madormo Heirs Trust

Purchase Details

Closed on
Mar 17, 2011
Sold by
Madormo Anthony John and Patrick Madormo Residence Trus
Bought by
Madormo Anthony John and Madormo Heirs Trust

Purchase Details

Closed on
Oct 16, 2008
Sold by
Satriano Thomas V and Patrick Madormo Residence Trus
Bought by
Madormo Anthony John and Patrick Madormo Residence Trust 1

Purchase Details

Closed on
Jan 9, 1996
Sold by
Madormo Patrick
Bought by
Satriano Tr Thomas V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marc Fogassa Revocable Trust $1,700,000 Sunbelt Title
Anthony J Madormo Trust -- None Listed On Document
Madormo Heirs Trust -- None Listed On Document
Madormo Anthony John -- None Available
Madormo Anthony John -- None Available
Satriano Tr Thomas V $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marc Fogassa Revocable Trust $1,275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $1,700,000 -8.1% $737 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
01/04/2024 01/04/24 Price Changed $1,850,000 -7.5% $802 / Sq Ft
10/20/2023 10/20/23 Price Changed $2,000,000 -9.1% $867 / Sq Ft
10/14/2023 10/14/23 For Sale $2,200,000 0.0% $954 / Sq Ft
12/08/2020 12/08/20 Rented $10,000 0.0% --
11/08/2020 11/08/20 Under Contract -- -- --
09/16/2020 09/16/20 For Rent $10,000 +11.1% --
06/12/2015 06/12/15 Rented $9,000 0.0% --
05/13/2015 05/13/15 Under Contract -- -- --
04/28/2015 04/28/15 For Rent $9,000 +20.0% --
12/01/2014 12/01/14 Rented $7,500 -6.3% --
11/01/2014 11/01/14 Under Contract -- -- --
04/18/2014 04/18/14 For Rent $8,000 -- --
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 $21,696 $1,395,200 -- --
2024 $21,696 $1,111,385 -- --
2023 $20,447 $1,010,350 $0 $1,659,200
2022 $17,198 $918,500 $0 $0
2021 $14,250 $835,000 $0 $835,000
2020 $14,269 $820,000 $0 $820,000
2019 $15,018 $840,000 $0 $840,000
2018 $14,554 $890,000 $0 $890,000
2017 $13,798 $860,000 $0 $0
2016 $12,369 $690,000 $0 $0
2015 $12,614 $670,000 $0 $0
2014 $12,892 $660,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10927185

BeachesMLS

APN: 24-43-46-28-47-001-2100