$310,000
SOLD AUG 26, 2022

La Palma 2860 S Ocean Blvd Unit 1030 Palm Beach, FL 33480

1 Bed
1 Bath
1,012 Sq Ft
$774/mo HOA Fee

Recently Sold

$306 Per Sq Ft

137 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • 3-minute walk to Lake Worth Beach Park

About This Home

As of October 2024

FANTASTIC INTRACOASTAL VIEWS, Lovely La Palma Palm Beach is a full-service building, covered parking space very close to entrance, ample open and guest parking, 24-hour doorman, manager, manicured gardens, heated salt-water pool, outdoor barbeque area, sauna, fitness center and deeded beach access. New AC Sept 2019 with Reme UV Halo Light serviced annually. New hurricane shutters July 2019.
Laundry is allowed in units. La Palma has an extra 2 BR Guest Suite that unit owners may rent for their overflow guests! Close to Aqua, Benny's on the Beach, Palm Beach Par 3 Golf Course, Fresh Farmer's Market on Saturdays and more.

Last Agent to Sell the Property

Elizabeth Hoadley

Purely Palm Beach Real Estate License #BK-3278009 Listed on: 03/25/2022

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 1971

Lot Details

  • North Facing Home

HOA Fees

  • $774 Monthly HOA Fees

Interior Spaces

  • 1,012 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Home Gym
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 1 Parking Space
  • Covered Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434423030001030

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 91 Units
  • La Palma Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$2,280

Year Built

Built in 1971

Lot Details

0

HOA Fees

$774 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Third building north of the Lake Worth Bridge in Palm Beach directly on the Intracoastal.
  • Building Name: La Palma
  • Year Built: 1971
  • Location Tax Legal:Name of Building: La Palma
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 2279.66
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 1012.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 774.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 91
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Pool:Salt Water2: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Pantry
  • Living Area: 1012.0
  • Stories: 6
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Salt Water
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, Ocean Access- Deeded, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Covered Parking: Yes
  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Other Security, Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434423030001030
  • Zoning: R-D(1) - Moderate

Rental Info

  • Pets Other: ESA & Service Okay

Multi Family

  • Number Of Units Total: 91
  • Maintenance Expense: 774.0

Tax Info

  • Tax Annual Amount: 2279.66
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 4, 2024
Sold by
Bakita Alexander T
Bought by
Eames Polly Kimball
Seller's Agent
Diana Rudman
Illustrated Properties LLC (Jupiter)
Buyer's Agent
Joan Wenzel
Douglas Elliman
List Price
$645,000
Sold Price
$583,135
Premium/Discount to List
-$61,865
-9.59%
Views
11
Current Estimated Value
$579,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,586
Avg. Annual Appreciation
4.79%

Purchase Details

Listed on
Mar 25, 2022
Closed on
Aug 8, 2022
Sold by
Gaudinier Candice A and Gaudinier Victoria L
Bought by
Bakita Alexander Thomas
Seller's Agent
Elizabeth Hoadley
Purely Palm Beach Real Estate
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$310,000
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.91%
Original Mortgage
$217,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2019
Closed on
Jul 8, 2019
Sold by
Barrios Pablo and Barrios Joaquina
Bought by
Gaudinier Candice A and Courtney Victoria L
Seller's Agent
Maria Dominguez
Keller Williams Realty - Welli
Buyer's Agent
Linda D.
Illustrated Properties
List Price
$234,900
Sold Price
$177,500
Premium/Discount to List
-$57,400
-24.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.43%
Original Mortgage
$133,125
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2016
Closed on
Dec 9, 2016
Sold by
Federal National Mortgage Association
Bought by
Barrios Pablo and Barrios Joaquina
Seller's Agent
Amanda Glass
Sandals Realty Group, Inc.
Buyer's Agent
Maria Orozco
Engel & Volkers Wellington
List Price
$153,000
Sold Price
$145,000
Premium/Discount to List
-$8,000
-5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Jun 14, 2016
Sold by
Nationstar Moertgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 1, 2016
Bought by
Barrios Pablo

Purchase Details

Closed on
Apr 16, 1997
Sold by
Mondor Bernard G and Mondor Madeleine
Bought by
Anderer Edward J and Anderer Elizabeth O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,165
Interest Rate
7.86%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 12, 1995
Sold by
Sarnoff C Spencer
Bought by
Mondor Bernard G and Mondor Madeleine
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 Type Sale Price Title Company
Warranty Deed $583,132 First International Title
Warranty Deed $310,000 Nu World Title & Settlement
Warranty Deed $177,500 Nu World Ttl & Setmnt Svcs L
Special Warranty Deed $145,000 First International Title
Special Warranty Deed -- None Available
Deed $125,300 --
Warranty Deed $64,900 --
Warranty Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $217,000 New Conventional
Previous Owner $133,125 New Conventional
Previous Owner $312,750 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $50,908 Unknown
Previous Owner $70,000 Unknown
Previous Owner $20,000 Unknown
Previous Owner $55,165 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $583,135 -9.6% $576 / Sq Ft
09/11/2024 09/11/24 For Sale $645,000 +108.1% $637 / Sq Ft
08/26/2022 08/26/22 Sold $310,000 0.0% $306 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $310,000 +74.6% $306 / Sq Ft
07/08/2019 07/08/19 Sold $177,500 -24.4% $175 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $234,900 +62.0% $232 / Sq Ft
12/09/2016 12/09/16 Sold $145,000 -5.2% $143 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $153,000 -- $151 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $4,054 $286,000 -- --
2023 $4,260 $260,000 $0 $260,000
2022 $2,251 $161,885 $0 $0
2021 $2,288 $157,170 $0 $0
2020 $2,280 $155,000 $0 $155,000
2019 $2,818 $145,000 $0 $145,000
2018 $2,741 $145,000 $0 $145,000
2017 $2,787 $145,000 $0 $0
2016 $2,247 $125,000 $0 $0
2015 $2,247 $120,000 $0 $0
2014 $742 $74,763 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-460

APN: 50-43-44-23-03-000-1030