NOT LISTED FOR SALE

Townhouses of Highland Beach 2575 S Ocean Blvd Unit 312S Highland Beach, FL 33487

Beachside Delray Beach Neighborhood

Estimated Value: $1,230,000 - $1,729,000

2 Beds
2.5 Baths
2,240 Sq Ft
$1,129/mo HOA Fee

Last Sold April 23, 2019

Last sale price $680,000 $304 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $10,379/month

568 Days on Market

Highlights

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

About This Home

As of April 2019

Enjoy the magnificent ocean view from this south-facing luxury townhome in a condominium environment. From the balcony, you can see both the Intracoastal waterway and the Atlantic. 2 bedrooms and 2 1/2 baths. Bedrooms are on the 2nd floor. Completely renovated kitchen and bathrooms. Impact glass windows. Gorgeous community pool. Close to the action in Delray Beach.

Last Agent to Sell the Property

Colby Berchin

Luxury Partners Realty License #708706 Listed on: 09/01/2017

Luxury Partners Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,523

Year Built

  • Built in 1981

Lot Details

  • North Facing Home

HOA Fees

  • $1,129 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

Interior Spaces

  • 2,240 Sq Ft Home
  • 4-Story Property
  • Custom Mirrors
  • Bar
  • Combination Dining and Living Room
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 24434628470023120

Community Details

Overview

  • Association fees include common areas, cable TV, maintenance structure, parking, pool(s), sewer, trash, water
  • 72 Units
  • Townhouses Of Highland Be Subdivision

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,523

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,129 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East side of A1A in Highland Beach, between Linton and Spanish River. South Building (2575 S. Ocean).
  • Year Built: 1981
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Custom Mirrors, Bar, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2240.0
  • Dining Room Type: Storage Room
  • Stories: 4
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Key Card Entry, Fire Sprinkler System, Smoke Detector(s)
  • 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: 1129.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Structure, Parking, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 24434628470023120
  • Zoning Description: RMM(ci

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 9523.0

Multi Family

  • Number Of Units In Community: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Apr 22, 2019
Sold by
Nazarian Richard and Nazarian Gwen
Bought by
Kruchowy Living Trust
Seller's Agent
Colby Berchin
Luxury Partners Realty
List Price
$1,100,000
Sold Price
$680,000
Premium/Discount to List
-$420,000
-38.18%
Current Estimated Value
$1,506,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$826,724
Avg. Annual Appreciation
12.67%

Purchase Details

Closed on
May 20, 2011
Sold by
Lease Raphael
Bought by
Nazarian Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2000
Sold by
Brooks Diane P
Bought by
Lease Rapahel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Kruchowy Living Trust $680,000 Attorney
Nazarian Richard $490,000 Attorney
Lease Rapahel $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nazarian Richard $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2019 04/23/19 Sold $680,000 -38.2% $304 / Sq Ft
03/24/2019 03/24/19 Pending -- -- --
09/01/2017 09/01/17 For Sale $1,100,000 -- $491 / 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
2025 $16,000 $863,819 -- --
2024 $16,000 $785,290 -- --
2023 $15,722 $713,900 $0 $1,365,000
2022 $12,114 $649,000 $0 $0
2021 $10,097 $590,000 $0 $590,000
2020 $10,293 $590,000 $0 $590,000
2019 $10,933 $610,000 $0 $610,000
2018 $10,720 $650,000 $0 $650,000
2017 $9,701 $560,000 $0 $0
2016 $9,523 $530,000 $0 $0
2015 $9,354 $492,470 $0 $0
2014 $9,022 $447,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Colby Berchin

    Luxury Partners Realty

    (561) 213-7300

    1 in this area

    85 Total Sales

    Colby Berchin
    Section Image
See All Agents

About Townhouses of Highland Beach

Map

Source: BeachesMLS

MLS Number: R10364066

BeachesMLS

APN: 24-43-46-28-47-002-3120

Florida Palm Beach County Highland Beach 33483 Beachside Delray Beach

2575 S Ocean Blvd Unit 312S, Highland Beach, FL

Not Listed for Sale

Condos

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.

Nearby Homes