NOT LISTED FOR SALE

Estimated Value: $295,000 - $355,000

1 Bed
1.5 Baths
900 Sq Ft
$696/mo HOA Fee

Last Sold March 12, 2024

Last sale price $291,000 $323 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,921/month

82 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Clubhouse
  • Tennis Courts
  • Heated Pool
  • Screened Porch
  • Elevator

About This Home

As of March 2024

Amazing opportunity to own this ground floor 1 Bedroom, 1.5 Bath Condo located in the amazing community of Palm Aire at Coral Key in Lighthouse Point. This waterfront community is a hidden gem & surrounded by multi-million dollar homes and the water! This renovated unit features neutral tile throughout, fresh paint, impact windows & amazing water views from the moment you step in the front door. The updated kitchen is perfect for the avid cook w,/ wood cabinets, granite counters & pantry. The kitchen opens to the dining room, making entertaining a breeze! Large Master w/ 3 closets & Updated bathroom w/walk-in shower. Other updates include; washer & dryer IN UNIT, Plantation Shutters, Built-in Closets, Don't miss the tranquility of sitting on your patio overlooking the canal & Intracoastal.

Last Listed By

Christine Balistreri

Balistreri Real Estate Inc License #3028682 Listed on: 12/20/2023

Balistreri Real Estate Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,451

Year Built

  • Built in 1972

Lot Details

  • Property fronts an intracoastal waterway
  • Home fronts a canal
  • North Facing Home

HOA Fees

  • $696 Monthly HOA Fees

Property Views

  • Intracoastal
  • Canal
  • Garden

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Plantation Shutters
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Utility Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 484308AJ0030

Community Details

Overview

  • Association fees include management, amenities, common areas, insurance, ground maintenance, maintenance structure, pool(s), reserve fund, sewer, trash, water
  • Palm Aire At Coral Key Subdivision
  • Car Wash Area

Amenities

  • Picnic Area
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Community Pool

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,451

Year Built

Built in 1972

Lot Details

0

HOA Fees

$696 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From Federal Highway, go east on NE 49th St. At the stop sign make a right. Then make your 1st left on NE 48th Ct and go all the way to the end. Located in the 1st building on the right.
  • Year Built: 1972
  • Carport Y N: No
  • Entry Level: 1
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Closet Cabinetry, Entrance Foyer, First Floor Entry, Living/Dining Room, Main Level Primary, Main Living Area Entry Level, Walk-In Closet(s)
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 900.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 4
  • Window Features: Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Canal, Garden, Intercoastal
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Canal Front, Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 2089.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Boat Dock, Clubhouse, Hobby Room, Barbecue, Picnic Area, Pool, Shuffleboard Court, Storage, Tennis Court(s), Trash, Vehicle Wash Area, Elevator(s)
  • Association Fee Frequency: Quarterly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Amenities, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 484308AJ0030

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5451.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Mar 11, 2024
Sold by
Oulton Shani
Bought by
Markum John W
Seller's Agent
Christine Balistreri
Balistreri Real Estate Inc
Buyer's Agent
Christine Balistreri
Balistreri Real Estate Inc
List Price
$329,000
Sold Price
$291,000
Premium/Discount to List
-$38,000
-11.55%
Total Days on Market
82
Views
78
Current Estimated Value
$312,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,663
Avg. Annual Appreciation
7.27%
Original Mortgage
$232,800
Outstanding Balance
$230,912
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$85,666

Purchase Details

Closed on
Apr 6, 2012
Sold by
Gill Fonnie K
Bought by
Oulton Shani

Purchase Details

Closed on
May 1, 2009
Sold by
Rubinstein Fred
Bought by
Gill Fonnie K

Purchase Details

Closed on
Dec 5, 1996
Sold by
Jack E Buchanan Tr and Marilyn J Buchanan Tr
Bought by
Rubinstein Fred

Purchase Details

Closed on
Apr 1, 1992
Sold by
Available Not
Bought by
Available Not

Range of Values:

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Average Value
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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
Markum John W $291,000 Integrity Title Services
Oulton Shani $135,000 Federal Land Title Llc
Gill Fonnie K $145,000 Fundamental Title
Rubinstein Fred $74,000 --
Available Not $60,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markum John W $232,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $291,000 -2.7% $323 / Sq Ft
02/07/2024 02/07/24 Price Changed $299,000 -9.1% $332 / Sq Ft
12/20/2023 12/20/23 For Sale $329,000 -- $366 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $5,694 $286,480 $28,650 $257,830
2024 $5,452 $286,480 $28,650 $257,830
2023 $5,452 $258,370 $0 $0
2022 $4,494 $234,890 $0 $0
2021 $4,077 $213,540 $21,350 $192,190
2020 $4,066 $213,240 $21,320 $191,920
2019 $3,966 $206,230 $20,620 $185,610
2018 $3,553 $196,420 $19,640 $176,780
2017 $3,280 $170,950 $0 $0
2016 $3,003 $155,410 $0 $0
2015 $2,933 $145,980 $0 $0
2014 $2,701 $132,710 $0 $0
2013 -- $121,060 $12,110 $108,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10414448

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-08-AJ-0030