NOT LISTED FOR SALE

3 Water Club Way Unit 1601 North Palm Beach, FL 33408

Estimated Value: $2,708,243 - $2,894,000

3 Beds
3.5 Baths
2,317 Sq Ft
$1,410/mo HOA Fee

Last Sold May 13, 2021

Last sale price $2,000,000 $863 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $19,062/month

84 Days on Market

Highlights

  • Ocean View
  • Community Cabanas
  • Gated with Attendant
  • Property fronts an intracoastal waterway
  • Fitness Center
  • New Construction

About This Home

As of May 2021

Now accepting deposits for ENCORE, our 3rd and final luxury tower at Water Club. This new boutique tower features 30 Private Residences (only 2 per floor), each with an expansive terrace with water views. Luxury Amenities include Guest Suites, Private Club, Day Dock, Fire Pits, State of the Art Fitness Center, Pickleball Court, Event Lawn Space, Lap Pool & 2 Resort Style pools. Gated entry, covered parking and storage, private elevator lobbies with secured access and 24/7 security provide peace of mind. The Indigo floor plan is thoughtfully designed 3 bedroom, 3.5 bath plan and includes a third guest suite which can be converted to a den. Enjoy both the Sunrise and Sunset with spectacular direct ocean and intracoastal views.

Last Agent to Sell the Property

Mark Shannon

Douglas Elliman License #3263489 Listed on: 01/18/2021

Douglas Elliman

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1

HOA Fees

  • $1,410 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 2,317 Sq Ft Home
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Patio
  • Property fronts an intracoastal waterway

Listing and Financial Details

  • Assessor Parcel Number 68434209000010120

Community Details

Overview

  • Association fees include management, common areas, insurance, maintenance structure, parking, pest control, pool(s), recreation facilities, roof, sewer, security, trash, water
  • 192 Units
  • Water Club Npb Subdivision
  • 19-Story Property

Amenities

  • Clubhouse
  • Billiard Room
  • Bike Room

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Impact Glass

Property Details

Home Type

Condominium

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$1,410 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Located in North Palm Beach on the Intracoastal Basin just south of the intersection of PGA Blvd and Us Hwy1
  • Year Built: 2020
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Elevator, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 2317.0
  • Stories: 19
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest, Two or More Spaces

Utilities

  • Security: Gated with Guard, Key Card Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1410.0
  • Community Features: Clubhouse, Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Cabana, Clubhouse, Fitness Center, Management, Pool, Spa/Hot Tub, Trash
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 68434209000010120
  • Lot Size Sq Ft: 43774.0
  • Zoning Description: C1(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020

Multi Family

  • Number Of Units In Community: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
May 13, 2021
Sold by
Domani Development Llc
Bought by
Andretta Ralph and Fortunato Donna
Seller's Agent
Mark Shannon
Douglas Elliman
List Price
$2,029,000
Sold Price
$2,000,000
Premium/Discount to List
-$29,000
-1.43%
Current Estimated Value
$2,801,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$801,122
Avg. Annual Appreciation
7.99%
Original Mortgage
$1,000,000
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2021
Closed on
May 7, 2021
Sold by
Brandner Gregory C
Bought by
Bass Michael A and The 1815 Trust
Seller's Agent
Mark Shannon
Douglas Elliman
List Price
$2,029,000
Sold Price
$2,000,000
Premium/Discount to List
-$29,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2021
Closed on
Apr 13, 2021
Sold by
Domani Development Llc
Bought by
Depaul Anthony J and Depaul Eileen M
Seller's Agent
Mark Shannon
Douglas Elliman
List Price
$2,029,000
Sold Price
$2,000,000
Premium/Discount to List
-$29,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2021
Closed on
Mar 23, 2021
Sold by
Domani Development Llc
Bought by
Brooks Valerie L and Brooks Richard B
Seller's Agent
Mark Shannon
Douglas Elliman
List Price
$2,029,000
Sold Price
$2,000,000
Premium/Discount to List
-$29,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2021
Closed on
Mar 19, 2021
Sold by
Domani Development Llc
Bought by
Gulfo V Joseph V and Gulfo Adele M
Seller's Agent
Mark Shannon
Douglas Elliman
List Price
$2,029,000
Sold Price
$2,000,000
Premium/Discount to List
-$29,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2021
Closed on
Mar 17, 2021
Sold by
Dmonai Development Llc
Bought by
Rooney Michael and Rooney Therese
Seller's Agent
Mark Shannon
Douglas Elliman
List Price
$2,029,000
Sold Price
$2,000,000
Premium/Discount to List
-$29,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2021
Sold by
Eriksen Lynne
Bought by
Patel Preetesh and Patel Noosha K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2021
Sold by
Domani Development Llc
Bought by
Hammer Roni A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2020
Sold by
Domani Development Llc
Bought by
Dunn Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,332,800
Interest Rate
2.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2020
Sold by
Domani Development Llc
Bought by
Nichols Todd H and Nichols Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,332,800
Interest Rate
2.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2020
Sold by
Domani Development Llc
Bought by
Colussy Dan A and Dan A Colussy Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,200
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2020
Sold by
Domani Development Llc
Bought by
Hawkes Michael K and Parker Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,200
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2020
Sold by
Davidson William C and Davidson Elizabeth R
Bought by
Wcd Npb Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,200
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2020
Sold by
Domani Development Llc
Bought by
Brandner Gregory C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2020
Sold by
Domani Development Llc
Bought by
Ostroff Eugene M and Freeman Ostroff Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2020
Sold by
Domani Development Llc
Bought by
Zhou Jia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2020
Sold by
Domani Development Llc
Bought by
Nichols Todd H and Nichols Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2020
Sold by
Domani Development Llc
Bought by
Davidson Wiliam C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2020
Sold by
Domani Development Llc
Bought by
Birnbaum Robert D and Robert D Birnbaum Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2020
Sold by
Domani Development Llc
Bought by
Goodman Scott E and Goodman Margo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2020
Sold by
Domani Development Llc
Bought by
Eriksen Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2020
Sold by
Domani Development Llc
Bought by
Sapah Gulian Randolph V and Sapah Gulian Corinee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2020
Sold by
Domani Development Llc
Bought by
Mulhearn Robert P and Mulhearn Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2020
Sold by
Domani Development Llc
Bought by
Tzikas George A and Brodie Eilene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2020
Sold by
Domani Development Llc
Bought by
Gold Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2020
Sold by
Domani Development Llc
Bought by
Mcauliffe Michael F and Rosenberg Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Andretta Ralph $2,000,000 Ktitle Company Llc
Bass Michael A $2,600,000 South Fl Ttl Insurers Of Pal
Depaul Anthony J $1,999,000 K Title Company Llc
Brooks Valerie L $2,134,000 K Title Company Llc
Brooks Valerie L $2,134,000 K Title
Gulfo V Joseph V $2,089,000 K Title Company Llc
Gulfo Joseph V $2,089,000 K Title
Rooney Michael $1,899,000 K Title Company Llc
Rooney Michael $1,899,000 K Title
Patel Preetesh $1,666,000 K Title Company Llc
Hammer Roni A $1,469,000 K Title Company Llc
Dunn Kathryn L $1,469,000 None Available
Nichols Todd H $1,869,000 Homepartners Title Services
Colussy Dan A $5,360,540 Attorney
Dan A Colussy Revocable Trust $5,360,540 None Listed On Document
Hawkes Michael K $1,875,000 K Title Company Llc
Michael K Hawkes Revocable Trust $1,875,000 K Title
Wcd Npb Llc -- Accommodation
Garber Barbara $1,999,000 K Title Company Llc
Garber Barbara $1,999,000 K Title
Brandner Gregory C $2,199,000 K Title Company Llc
Ostroff Eugene M $1,782,284 K Title Company Llc
Ostroff Eugene M $1,782,284 K Title
Zhou Jia $2,028,845 None Available
Karm Realty Llc $1,584,885 K Title Company Llc
Karm Realty Llc $1,584,885 K Title
Nichols Todd H $1,869,000 New Title Company Name
Clark Donald T $1,662,154 K Title Company Llc
Clark Donald T $1,662,154 K Title
Davidson Wiliam C $2,394,270 Ktitle Company Llc
Davidson Wiliam C $2,394,270 K Title
Birnbaum Robert D $2,243,590 K Title Company Llc
Goodman Scott E $2,149,000 Attorney
Goodman Scott E $2,149,000 None Listed On Document
Lynn Cynthia S $1,919,000 K Title Company Llc
Lynn Cynthia S $1,919,000 K Title
Eriksen Lynne $1,569,750 K Title Company Llc
Eriksen Lynne $1,569,750 K Title
Dufresne Jacques $1,543,250 K Title Company Llc
Jacques Dufresne Living Trust $1,543,250 K Title
Sapah Gulian Randolph V $2,389,485 K Title Company Llc
Sapah-Gulian Randolph V $2,389,485 K Title
Mulhearn Robert P $2,299,000 K Title Company Llc
Mulhearn Robert P $2,299,000 K Title
Tzikas George A $1,616,485 K Title Company Llc
Tzikas George A $1,616,485 K Title
Gold Ronald J $1,738,250 K Title Company Llc
Gold Ronald S $1,738,250 K Title
Mcauliffe Michael F $1,461,490 Ktitle Company Llc
Mcauliffe Michael F $1,461,490 K Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Valerie L $1,000,000
Previous Owner Patel Preetesh $1,332,800
Previous Owner Hammer Roni A $1,175,200
Previous Owner Dunn Kathryn L $600,000
Previous Owner Nichols Todd H $1,308,300
Previous Owner Dan A Colussy Revocable Trust $3,591,000
Previous Owner Michael K Hawkes Revocable Trust $1,312,500
Previous Owner Ostroff Eugene M $1,326,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $2,000,000 -1.4% $863 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $2,029,000 -- $876 / 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 -- -- -- --
2022 $595 $0 $0 $0
2021 $595 $0 $0 $0
2020 $21,263 $1,750,960 $1,750,960 $0
2019 $16,281 $1,127,181 $1,127,181 $0
2018 $14,675 $1,094,350 $1,094,350 $0
2017 $90,120 $4,088,808 $482,827 $3,605,981
2016 $84,893 $3,758,520 $0 $0
2015 $81,093 $3,477,986 $0 $0
2014 $74,204 $3,116,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10685378

BeachesMLS

APN: 68-43-42-09-00-001-0120