NOT LISTED FOR SALE

Three Thousand South 3000 S Ocean Blvd Unit 406 Palm Beach, FL 33480

Estimated Value: $5,689,000 - $6,622,000

3 Beds
5 Baths
3,717 Sq Ft
$1,616/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $3,500,000 $942 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $39,574/month

190 Days on Market

Highlights

  • Doorman
  • Direct Ocean View
  • Property fronts an intracoastal waterway
  • Palm Beach Public School Rated A-
  • Property has ocean access
  • 4-minute walk to Lake Worth Beach Park

About This Home

As of August 2020

Experience far reaching views of the Atlantic in this 3 bedroom /4.5 bathroom impeccable custom appointed condo on a high floor at the prestigious Bellaria, a newer five star condo with resort/ concierge amenities. Generous terraces extend the interior living spaces (4,300 sf total). Move right into this stunning unit in the desirable south building with its own private elevator entry, media room, marble floors, quality cabinetry, chef's kitchen, 2 garage spaces and a storage unit. Poolside cabana may be purchased separately.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 01/23/2020

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $53,949

Year Built

  • Built in 2006

Lot Details

  • Property fronts an intracoastal waterway
  • Home has East and West Exposure
  • Gated Home

HOA Fees

  • $4,351 Monthly HOA Fees

Interior Spaces

  • 3,717 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Dining Room
  • Library
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Covered Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Tennis Courts
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434426110194060

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control
  • 36 Units
  • Bellaria Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area

Recreation

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$53,949

Year Built

Built in 2006

Lot Details

0

HOA Fees

$4,351 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Bellaria
  • Year Built: 2006
  • Location Tax Legal:Name of Building: Bellaria
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 53949.0
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 3717.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 13052.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 36
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: 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
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Security:Gate House: Yes
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Double, Microwave, Washer, Dryer, Range - Gas
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, W/W Carpeting, Other Flooring
  • Interior Amenities: Ceiling Fan(s), Wet Bar
  • Living Area: 3717.0
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Private: Yes
  • Waterfront Features: Ocean Access- Deeded
  • Waterfront: Yes
  • Exterior Features: Balcony, Tennis Court - Clay
  • Exterior Features:Balcony: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Tennis Court-Clay: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • Parking:Covered Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Smoke Alarms, Gate House, Security Guards, Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

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

Lot Info

  • Parcel #: 50434426110194060
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 36
  • Maintenance Expense: 13052.0

Tax Info

  • Tax Annual Amount: 53949.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
Daryl Cheifetz Qualified Personal Reside
Bought by
Cheifetz David
Current Estimated Value
$6,006,024

Purchase Details

Listed on
Jan 23, 2020
Closed on
Aug 12, 2020
Sold by
Herman Robert N and Baker Philip
Bought by
Cheifetz Daryl and Daryl Cheifetz Fl Qualified Pe
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%

Purchase Details

Listed on
Jan 23, 2020
Closed on
Aug 10, 2020
Sold by
Herman Rhoda P
Bought by
Cheifetz Daryl and Daryl Cheifetz Florida Qualifi
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$3,500,000
Sold Price
$3,500,000

Purchase Details

Closed on
Oct 31, 2016
Sold by
Herman Rhoda P and Herman Robert N
Bought by
Herman Robert N

Purchase Details

Closed on
Apr 13, 2009
Sold by
Demicco Toby
Bought by
Herman Kenneth M and Kenneth M Herman 2009 Revocable Trust

Purchase Details

Closed on
Jul 20, 2006
Sold by
Premier Palm Beach Lp
Bought by
Demicco Toby

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
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cheifetz David -- None Listed On Document
Cheifetz Daryl $3,500,000 Attorney
Cheifetz Daryl -- Attorney
Herman Robert N -- None Available
Herman Robert N -- None Available
Herman Kenneth M $2,250,000 Attorney
Demicco Toby $2,900,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demicco Toby $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $3,500,000 0.0% $942 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $3,500,000 -- $942 / 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
2025 $43,574 $3,013,435 -- --
2024 $43,574 $2,928,508 -- --
2023 $42,656 $2,843,212 $0 $0
2022 $42,719 $2,760,400 $0 $0
2021 $43,447 $2,680,000 $0 $0
2020 $53,046 $3,180,000 $0 $3,180,000
2019 $54,163 $3,180,000 $0 $3,180,000
2018 $55,686 $3,380,000 $0 $3,380,000
2017 $35,037 $2,093,316 $0 $0
2016 $34,670 $2,050,261 $0 $0
2015 $35,855 $2,036,009 $0 $0
2014 $36,025 $2,019,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    134 Total Sales

    Paulette Koch
    Section Image
  • Dana Koch

    Seller Co-Listing Agent in 2020

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    211 Total Sales

    Dana Koch
    Section Image

  • N

    Buyer's Agent in 2020

    NON MEMBER

    NON MEMBER FIRM

See All Agents

About Three Thousand South

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-194

APN: 50-43-44-26-11-019-4060

Florida Palm Beach County Palm Beach 33480

3000 S Ocean Blvd Unit 406, Palm Beach, FL

Not Listed for Sale

Coop

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