NOT LISTED FOR SALE

Estimated Value: $333,788 - $366,000

2 Beds
2 Baths
1,200 Sq Ft
1971 Built

Last Sold September 07, 2023

Last sale price $350,000 $292 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,042/month

101 Days on Market

Highlights

  • Boat Ramp
  • Active Adult
  • Garden View
  • Fitness Center
  • Clubhouse
  • Screened Porch

About This Home

As of September 2023

*Intracostal Views*
*Fully Renovated*
*55 Plus Community*
--
Welcome to Tropic Bay! A Beautiful East Delray Beach Waterway Community conveniently located only minutes from the beach, live entertainment, premium shopping, and renowned restaurants. With nearly 400 condos, there is an ample amount of activities to participate in.
--
Unit 308 offers modern luxury finishes and lush intracoastal views. Some features include:
-New Light Fixtures Throughout
-New Window Treatments Throughout
-New Tile Throughout
-New Kitchen Appliances
-New Kitchen Door
-New Stone Accent Wall
-New Screens on All Windows
-Fully Renovated Kitchen
-Fully Renovated Bathrooms
-Freshly Painted
-No Popcorn Ceilings
-Sliding Glass Doors On Lanai
-Professionally Decorated
-Furniture is Negotiable
-- ----
"Tropic Bay Condo is one of the best kept secrets in southern Florida. Located in South Delray Beach, situated on 18 acres between the Intracoastal Waterway and Federal Highway, Florida's main North-South artery. The "waterfront" is your own secluded harbor just off the Intracoastal. Just outside your door are heated pools, barbecues, shuffleboard courts and a putting green. Tropic Bay has two completely equipped clubhouses with billiards, ping pong, built in bars, complete kitchen facilities and dance floors. The Boat club also features exercise rooms, saunas and showers. The three swimming pools (two overlooking the harbor) are heated for year round use. The thirteen buildings are lushly landscaped. Each has a covered parking space for the owner and additional parking for guest. Although Tropic Bay is a very quiet and peaceful kind of place, there is no excuse for being idle here, unless you want to. There's a lot to do. There are many recreational and social events planned throughout the year as well as trips to various attractions. Tropic Bay features not only a private inland harbor fully equipped with 56 piers to accommodate boats from 20 to 45 feet but also has a wide range of indoor and recreational facilities. At Tropic Bay you are only minutes away from everything on the Gold Coast: shopping, airports and entertainment. Less than two miles from downtown Delray and the city beaches." - Source: Tropic Bay Community Website

Last Agent to Sell the Property

Michael Krammer

CENTURY 21 Tenace Realty License #3405114 Listed on: 03/13/2023

CENTURY 21 Tenace Realty

Co-Listed By

Pamela Krammer

CENTURY 21 Tenace Realty License #635344

Last Buyer's Agent

Colleen Newland

Douglas Elliman License #3405519

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,976

Year Built

  • Built in 1971

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Garden Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Parking

  • 1 Attached Carport Space
  • Guest Parking
  • Assigned Parking

Utilities

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

Additional Features

  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 12434628260163080

Community Details

Overview

  • Active Adult
  • Property has a Home Owners Association
  • Association fees include common areas, cable TV, insurance, ground maintenance, security, trash, water
  • 399 Units
  • Tropic Bay Subdivision
  • 5-Story Property

Amenities

  • Billiard Room
  • Business Center
  • Community Library
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Shuffleboard Court
  • Putting Green

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,976

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Take Linton Blvd East to Federal Highway. Head South on Federal. Head East on Lamat Ave. Head South on Florida Blvd. Tropic Bay Entrance will be on your Immediate Left.
  • Year Built: 1971
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • New Construction: No
  • Pets No Pets Comments: Other Pet Restrictions:Emotional Support or Service Animals
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Main Level Primary, Pantry, Sitting Area in Primary, Split Bedrooms, Storage, Separate Shower
  • Main Level Bedrooms: 2
  • Furnished: Negotiable
  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1200.0
  • Stories: 5
  • Window Features: Blinds, Drapes, Metal, Single Hung, Sliding, Storm Window(s)

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: Association
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Screened, Balcony
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Assigned, Covered, Guest

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 780.34
  • Phone: 561-272-1094
  • Pets Allowed: Yes
  • Community Features: Boat Facilities, Property Manager On-Site, Street Lights
  • Senior Community: Yes
  • Amenities: Billiard Room, Boating, Business Center, Clubhouse, Fitness Center, Library, Pool, Parking, Putting Green(s), Shuffleboard Court, Sidewalks, Trash, Elevator(s)
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Security, Trash, Water

Lot Info

  • Parcel #: 12434628260163080
  • Mobile Dim Units: Feet
  • Zoning: RM (city)

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4975.75

Multi Family

  • Number Of Units In Community: 399

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Sep 6, 2023
Sold by
Jacobson Marie Yvette Francine
Bought by
Preuss David and Preuss Carol
Seller's Agent
Michael Krammer
CENTURY 21 Tenace Realty
Buyer's Agent
Colleen Newland
Douglas Elliman
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Views
356
Current Estimated Value
$346,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,553
Avg. Annual Appreciation
-0.40%

Purchase Details

Listed on
Apr 4, 2021
Closed on
Apr 27, 2021
Sold by
Zehnbauer Beth Anne
Bought by
Jacobson Marie Yvette Francine
Seller's Agent
Diane Keane
Coldwell Banker Realty /Delray Beach
List Price
$225,000
Sold Price
$226,000
Premium/Discount to List
$1,000
0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.36%

Purchase Details

Closed on
Apr 28, 2008
Sold by
Feldman Joel H
Bought by
Zehnbauer Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2001
Sold by
Kramer Richard A
Bought by
Kramer Elizabeth J

Purchase Details

Closed on
Dec 14, 1998
Sold by
Kohl Delbert E and Kohl L
Bought by
Kramer Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
6.84%
Mortgage Type
New Conventional
Source: Public Records
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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
Preuss David $350,000 None Listed On Document
Jacobson Marie Yvette Francine $226,000 Independence Ttl Ins Agcy In
Zehnbauer Barry $130,000 Attorney
Kramer Elizabeth J -- --
Kramer Richard A $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zehnbauer Barry $104,000
Previous Owner Kramer Richard A $46,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2023 09/07/23 Sold $350,000 -2.8% $292 / Sq Ft
04/06/2023 04/06/23 Price Changed $359,999 -5.3% $300 / Sq Ft
03/31/2023 03/31/23 Price Changed $379,999 -1.6% $317 / Sq Ft
03/25/2023 03/25/23 Price Changed $385,999 -1.3% $322 / Sq Ft
03/20/2023 03/20/23 Price Changed $390,888 -3.5% $326 / Sq Ft
01/31/2023 01/31/23 Price Changed $404,999 +1.5% $337 / Sq Ft
01/12/2023 01/12/23 For Sale $399,000 +76.5% $333 / Sq Ft
04/27/2021 04/27/21 Sold $226,000 +0.4% $224 / Sq Ft View Prior Sale
04/03/2021 04/03/21 For Sale $225,000 0.0% $223 / Sq Ft
01/27/2012 01/27/12 Rented $900 -7.7% --
12/28/2011 12/28/11 Under Contract -- -- --
08/15/2011 08/15/11 For Rent $975 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $2,878 $233,381 -- --
2024 $2,878 $278,336 -- --
2023 $4,575 $282,341 $0 $282,341
2022 $4,976 $248,941 $0 $0
2021 $3,841 $192,341 $0 $192,341
2020 $3,572 $180,341 $0 $180,341
2019 $3,386 $176,400 $0 $176,400
2018 $3,121 $176,400 $0 $176,400
2017 $3,015 $176,400 $0 $0
2016 $2,819 $111,804 $0 $0
2015 $2,483 $101,640 $0 $0
2014 $2,181 $92,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10857583

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-28-26-016-3080

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