NOT LISTED FOR SALE

2840 S Ocean Blvd Unit 501 Palm Beach, FL 33480

Estimated Value: $286,487 - $359,000

1 Bed
1 Bath
790 Sq Ft
$401/Sq Ft Est. Value

Last Sold October 02, 2014

Last sale price $100,000 $127 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $2,584/month

112 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • 5-minute walk to Lake Worth Beach Park

About This Home

As of October 2014

Rare corner apartment on 5th floor with ocean views. Renovated 1 Bedroom/1 Bath ready to move into and enjoy the ocean breezes & Palm Beach living. Royal Saxon is north of Lake Worth Bridge with 24/7 doormen, full time manager and gorgeous pool area sitting on the Intracoastal Waterway.

Last Agent to Sell the Property

Susan Sternfeld PA

Illustrated Properties LLC License #672601 Listed on: 05/12/2014

Illustrated Properties LLC

Last Buyer's Agent

David Marulli

Worth Realty, Inc. License #3285255

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1968

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 790 Sq Ft Home
  • Combination Dining and Living Room
  • Wood Flooring
  • Ocean Views

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Property fronts an intracoastal waterway
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434423150005010

Community Details

Overview

  • Association fees include management, common areas, cable TV, ground maintenance, parking, pest control, pool(s), sewer, security, trash, water
  • High-Rise Condominium
  • Royal Saxon Subdivision
  • 6-Story Property

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Doorman
  • Resident Manager or Management On Site

Property Details

Home Type

Co-Op

Est. Annual Taxes

$1,363

Year Built

Built in 1968

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Stock Cooperative
  • Property Sub Type Additional: Stock Cooperative
  • Directions: A1A on Intracoastal side, north of LW Bridge.
  • Year Built: 1968
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Living Area: 790.0
  • Stories: 6

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 440.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Maintenance Grounds, Parking, Pest Control, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434423150005010
  • Zoning Description: RES

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1363.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 1994
Sold by
Leclerc Marie Rolande
Bought by
Garabedian Souren M
Current Estimated Value
$328,584
Source: Public Records

Range of Values:

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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
Garabedian Souren M $55,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2014 10/02/14 Sold $100,000 -3.8% $127 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $104,000 0.0% $132 / Sq Ft
10/11/2013 10/11/13 Rented $950 -13.6% --
09/11/2013 09/11/13 Under Contract -- -- --
05/06/2013 05/06/13 For Rent $1,100 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10040584

BeachesMLS

APN: 50-43-44-23-15-000-5010