NOT LISTED FOR SALE

The Cove South Building 2784 S Ocean Blvd Unit 307 N Palm Beach, FL 33480

Estimated Value: $849,000 - $1,604,000

2 Beds
2 Baths
1,659 Sq Ft
$1,311/mo HOA Fee

Last Sold August 14, 2018

Last sale price $440,000 $265 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $9,000/month

17 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Community Pool
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • Walk-In Closet

About This Home

As of August 2018

This home is located at 2784 S Ocean Blvd Unit 307 N, Palm Beach, FL 33480 since 27 June 2018 and is currently estimated at $1,276,086, approximately $769 per square foot. This property was built in 1975. 2784 S Ocean Blvd Unit 307 N 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.

Last Agent to Sell the Property

Scott Gordon

Douglas Elliman License #383426 Listed on: 06/27/2018

Douglas Elliman

Last Buyer's Agent

Elliot Epstein

Sotheby's Intl. Realty, Inc. License #3218623

Sotheby's Intl. Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,740

Year Built

  • Built in 1975

Lot Details

  • North Facing Home

HOA Fees

  • $1,311 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 1,659 Sq Ft Home
  • Dryer

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Property has ocean access
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434423050013070

Community Details

Overview

  • Association fees include management, cable TV, insurance, pest control, sewer, 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

$7,740

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,311 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Building on west side of A1A, just north of Lake Worth Bridge.
  • Year Built: 1975
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1659.0
  • Stories: 5

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Door Man, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • 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: 1311.0
  • Community Features: Fitness, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 50434423050013070
  • Lot Size Sq Ft: 179234.0
  • Zoning Description: R-D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7740.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2020
Sold by
Epstein Elliott and Mortimer Richard
Bought by
Wright Wendy R
Current Estimated Value
$1,276,086

Purchase Details

Listed on
Jun 27, 2018
Closed on
Aug 14, 2018
Sold by
Madison Hecm Reo Vi Llc
Bought by
Rpstein Elliott R
Seller's Agent
Scott Gordon
Douglas Elliman
Buyer's Agent
Elliot Epstein
Sotheby's Intl. Realty, Inc.
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%

Purchase Details

Listed on
Jun 27, 2018
Closed on
Jun 15, 2018
Sold by
Luckel Lucien J and Knoess Susan
Bought by
Madison Hecm Vi Llc A Delaware Llc
Seller's Agent
Scott Gordon
Douglas Elliman
Buyer's Agent
Elliot Epstein
Sotheby's Intl. Realty, Inc.
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%

Purchase Details

Closed on
Jul 15, 2004
Sold by
Namon June M and Namon Melvin J
Bought by
Luckel Lucie J

Purchase Details

Closed on
Apr 16, 2002
Sold by
Feuer Linda and Hopkins Roberta
Bought by
Namon June M

Purchase Details

Closed on
Apr 15, 2002
Sold by
Corn Ruth B
Bought by
Namon June M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wright Wendy R $1,029,000 Attorney
Rpstein Elliott R $440,000 Entra Title Services
Madison Hecm Reo Vi Llc -- Entra Title Services
Madison Hecm Vi Llc A Delaware Llc $367,500 None Available
Luckel Lucie J $375,000 Phoenix Title Insurance Corp
Namon June M $100,000 Integrity Land Title
Namon June M $100,000 Integrity Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luckel Lucien J $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2018 08/14/18 Sold $440,000 -11.8% $265 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $499,000 -- $301 / 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 $10,684 $545,710 -- --
2023 $9,836 $496,100 $0 $0
2022 $9,167 $451,000 $0 $0
2021 $7,070 $410,000 $0 $410,000
2020 $6,845 $390,000 $0 $390,000
2019 $6,142 $340,000 $0 $340,000
2018 $5,470 $310,000 $0 $310,000
2017 $7,740 $440,000 $0 $0
2016 $4,071 $407,000 $0 $0
2015 $6,726 $370,000 $0 $0
2014 $3,329 $217,961 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10443320

BeachesMLS

APN: 50-43-44-23-05-001-3070