NOT LISTED FOR SALE

The Patrician 2851 S Ocean Blvd Unit 5-K Boca Raton, FL 33432

Estimated Value: $683,000 - $1,188,000

3 Beds
2.5 Baths
1,712 Sq Ft
$818/mo HOA Fee

Last Sold February 07, 2019

Last sale price $355,000 $207 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,585/month

5 Days on Market

Highlights

  • Property has ocean access
  • Fitness Center
  • Pool View
  • Boca Raton Community Middle School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of February 2019

VERY RARE ENORMOUS HOME IN THE SKY! 3 BEDROOMS/2.5 BATHS AT THE (NEWLY RENOVATED) PATRICIAN ON A1A JUST 1 BLDG FROM DEERFIELD BORDER. MINUTES WALK TO THE FISHING PIER & BEACH! BOASTS 1,712 SQFT OF LUXURIOUS SPACE WITH OVER 9FT CEILINGS!! 5TH FLOOR PANORAMIC SKYLINE VIEWS! CABLE, HOTWATER & HVAC UTILITIES INCLUDED IN MONTHLY MAINT FEE! AGAIN YOUR A/C BILL IS INCLUDED IN CONDO FEE...NO MORE SURPRISES! LOCATED ON A1A ACROSS FROM BEACH. WALK TO ALL THE BARS, RESTAURANTS, HOTELS, SHOPS, FESTIVITIES & MUCH MORE...NEVER HAVE PARKING ISSUES! THIS SPACIOUS CONDO HAS GORGEOUS DAY & NIGHT VIEWS OF THE ENTIRE CITY LIGHTS & DIRECTLY OVERLOOKING THE EXPANSIVE RESORT-STYLE POOL. WHITE TILE FLOORS, FRESH PAINT, SELLER UPDATED KITCHEN & MASTER BATH. FULL AMENITY BLDG: ONSITE SECURITY & MGMT, GYM, POOL...

Last Agent to Sell the Property

Matan Morag

Regency Realty Services License #3124553 Listed on: 02/02/2019

Regency Realty Services

Last Buyer's Agent

Matan Morag

Regency Realty Services License #3124553 Listed on: 02/02/2019

Regency Realty Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 1980

HOA Fees

  • $818 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,712 Sq Ft Home
  • French Doors
  • Family Room
  • Formal Dining Room
  • Tile Flooring
  • Closed Circuit Camera

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434732190000115

Community Details

Overview

  • Association fees include management, common areas, HVAC, hot water, insurance, laundry, ground maintenance, maintenance structure, pest control, pool(s), recreation facilities, roof, sewer, security, trash, water
  • Patrician Condo Subdivision
  • 7-Story Property

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Park

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,644

Year Built

Built in 1980

Lot Details

0

HOA Fees

$818 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Camino Real or Hillsboro Blvd to AlA. Bldg (The Patrician) on the west side at 2851 S Ocean Blvd.
  • Year Built: 1980
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile
  • Living Area: 1712.0
  • Dining Room Type: Family Room
  • Stories: 7

Exterior Features

  • View: Pool
  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Access
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Closed Circuit Camera(s), Security Guard, 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: 818.0
  • Community Features: Park, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Storage, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, HVAC, Hot Water, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Recreation Facilities, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 06434732190000115
  • Zoning Description: Condo
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4644.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2019
Closed on
Feb 7, 2019
Sold by
Pietri Arlette J
Bought by
Colombo Stefano
Seller's Agent
Matan Morag
Regency Realty Services
Buyer's Agent
Matan Morag
Regency Realty Services
List Price
$384,000
Sold Price
$355,000
Premium/Discount to List
-$29,000
-7.55%
Current Estimated Value
$803,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,075
Avg. Annual Appreciation
12.19%

Purchase Details

Closed on
May 21, 1993
Sold by
Dribin Michael A
Bought by
Pietri Michael L and Pietri Arlette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.39%
Source: Public Records

Range of Values:

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Average Value
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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
Colombo Stefano $355,000 Attorney
Pietri Michael L $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pietri Arlette $256,500
Previous Owner Pietri Michael L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2019 02/07/19 Sold $355,000 -7.6% $207 / Sq Ft
02/02/2019 02/02/19 For Sale $384,000 0.0% $224 / Sq Ft
09/29/2015 09/29/15 Rented $2,300 -8.0% --
08/30/2015 08/30/15 Under Contract -- -- --
07/22/2015 07/22/15 For Rent $2,500 -- --
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 $4,443 $427,517 -- --
2023 $7,459 $388,652 $0 $0
2022 $6,708 $353,320 $0 $0
2021 $6,067 $325,000 $0 $325,000
2020 $5,513 $292,000 $0 $292,000
2019 $5,261 $270,000 $0 $270,000
2018 $4,938 $265,000 $0 $265,000
2017 $4,644 $245,000 $0 $0
2016 $4,370 $225,000 $0 $0
2015 $3,323 $203,941 $0 $0
2014 $3,333 $202,322 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matan Morag

    Seller's Agent in 2019

    Matan Morag

    Regency Realty Services

    (561) 706-0095

    122 Total Sales

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About The Patrician

Map

Source: BeachesMLS

MLS Number: R10502500

BeachesMLS

APN: 06-43-47-32-19-000-0115

Florida Palm Beach County Boca Raton 33432

2851 S Ocean Blvd Unit 5-K, Boca Raton, FL

This home is located at 2851 S Ocean Blvd Unit 5-K, Boca Raton, FL 33432 since 02 February 2019 and is currently estimated at $825,381, approximately $482 per square foot. This property was built in 1980. 2851 S Ocean Blvd Unit 5-K is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

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.

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