NOT LISTED FOR SALE

The Cove South Building 2784 S Ocean Blvd Unit 203 N Palm Beach, FL 33480

Estimated Value: $792,000 - $1,511,000

2 Beds
2 Baths
1,659 Sq Ft
$1,186/mo HOA Fee

Last Sold May 30, 2017

Last sale price $405,000 $244 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $8,794/month

61 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • Newly Remodeled

About This Home

As of May 2017

Situated on the Intracoastal Waterway and across the street from the Four Seasons & Tideline Hotels - this spacious 2BR/2BA unit offers sunny southern exposure and picturesque views of the pool, gardens and Lake Worth Bridge.

Last Agent to Sell the Property

Scott Gordon

Douglas Elliman License #383426 Listed on: 02/27/2017

Douglas Elliman

Last Buyer's Agent

Nicole Martindale

Champagne & Parisi Real Estate License #3324770

Champagne & Parisi Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,741

Year Built

  • Built in 1975 | Newly Remodeled

Lot Details

HOA Fees

  • $1,186 Monthly HOA Fees

Property Views

Interior Spaces

  • 1,659 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Open Parking

Outdoor Features

  • Property has ocean access
  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434423050012030

Community Details

Overview

  • Association fees include management, common areas, cable TV, pest control, sewer, trash, water
  • High-Rise Condominium
  • Cove Condo Subdivision
  • 5-Story Property

Recreation

Additional Features

  • Doorman
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,741

Year Built

Built in 1975 | Newly Remodeled

Lot Details

0

HOA Fees

$1,186 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Three buildings north on A1A past the Lake Worth Bridge.
  • Year Built: 1975
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Breakfast Area, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble, Tile, Wood
  • Living Area: 1659.0
  • Stories: 5

Exterior Features

  • Exterior Features: Balcony
  • View: Other, Pool, Water
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: New Construction

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Covered, Open

Utilities

  • Security: Door Man, 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: 1186.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434423050012030
  • Zoning Description: R-D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2741.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2017
Closed on
May 23, 2017
Sold by
Frauer Stephen and Frauer Robert
Bought by
Geller Jordan L
Seller's Agent
Scott Gordon
Douglas Elliman
Buyer's Agent
Nicole Martindale
Champagne & Parisi Real Estate
List Price
$449,000
Sold Price
$405,000
Premium/Discount to List
-$44,000
-9.8%
Current Estimated Value
$1,219,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,587
Avg. Annual Appreciation
12.67%

Purchase Details

Listed on
Feb 27, 2017
Closed on
May 1, 2017
Bought by
Geller Jordan L Trust
Seller's Agent
Scott Gordon
Douglas Elliman
Buyer's Agent
Nicole Martindale
Champagne & Parisi Real Estate
List Price
$449,000
Sold Price
$405,000
Premium/Discount to List
-$44,000
-9.8%

Purchase Details

Closed on
Dec 29, 2014
Sold by
Fauer Ruth Patricia
Bought by
Fauer Ruth Patricia and The Ruth Patricia Fauer Declaration Of R

Purchase Details

Closed on
Jan 16, 1996
Sold by
Pr Ruth Patricia Fauer
Bought by
Fauer Ruth P
Source: Public Records

Range of Values:

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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
Geller Jordan L $375,731 Integrity Land Title
Geller Jordan L Trust $375,700 --
Fauer Ruth Patricia -- Attorney
Fauer Ruth P $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fauer Ruth P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $405,000 -9.8% $244 / Sq Ft
04/30/2017 04/30/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $449,000 -- $271 / 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 $12,170 $712,085 -- --
2023 $11,194 $647,350 $0 $0
2022 $10,516 $588,500 $0 $0
2021 $9,098 $535,000 $0 $535,000
2020 $8,682 $510,000 $0 $510,000
2019 $7,995 $450,000 $0 $450,000
2018 $7,099 $410,000 $0 $410,000
2017 $6,407 $360,000 $0 $0
2016 $2,741 $193,470 $0 $0
2015 $2,831 $192,125 $0 $0
2014 $2,841 $190,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10311744

BeachesMLS

APN: 50-43-44-23-05-001-2030