NOT LISTED FOR SALE

Three Thousand South 3000 S Ocean Blvd Unit 508 Floor 5 Palm Beach, FL 33480

Estimated Value: $3,981,000 - $8,128,000

3 Beds
4 Baths
3,219 Sq Ft
$1,759/Sq Ft Est. Value

Last Sold August 23, 2015

Last sale price $3,150,000 $979 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $38,735/month

85 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 2015

Don't miss this beautifully decorated & furnished residence at Bellaria, Palm Beach's only new ocean front condominium. Offering 3219SF under air with 3 Beds and 3.5 baths, den & dining room. Enjoy gorgeous ocean views from the large ocean side terrace and a lake view terrace for evening sunsets. Bellaria offers concierge, beach & valet service, fully equipped gym, movie theater, & more.

Last Agent to Sell the Property

Nicola Higgins

Douglas Elliman License #BK-3004587 Listed on: 12/22/2014

Douglas Elliman

Last Buyer's Agent

Lisa Mckeon

Becker & Company, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $36,083

Year Built

  • Built in 2006

Lot Details

  • Property fronts an intracoastal waterway
  • Home has sun exposure from multiple directions
  • Gated Home
  • Back and Front Yard Fenced
  • Sprinkler System

HOA Fees

  • $3,482 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 3,219 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Room
  • Library
  • Storage
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Tennis Courts
  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434426110195080

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area
  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$36,083

Year Built

Built in 2006

Lot Details

0

HOA Fees

$3,482 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: South of Lake Avenue on A1A
  • Building Name: Bellaria
  • Year Built: 2006
  • Location Tax Legal:Name of Building: Bellaria
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 36083.0
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 3219.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 10445.0
  • 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
  • Exposure of Unit:South2: 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:Security System: 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
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Security:Gate House: Yes
  • Exposure of Unit:West2: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Pets:Pet Type: Cat or Dog
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Double, Microwave, Washer, Dryer, Range - Gas
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Storage
  • Living Area: 3219.0
  • Stories: 6
  • Window Features: Wndw Trmnts Included
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Oven-Double: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Spa
  • Pool Private: Yes
  • Waterfront Features: Ocean Access- Deeded
  • Waterfront: Yes
  • Exterior Features: Balcony, Sprinkler System, Fence - Back Wall, Fence - Front Wall, Tennis Court Lighted, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court Lighted: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Pool/Spa: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • Parking:Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Smoke Alarms, Gate House, Security System, Door Person
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone 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, Sewer, Water

Lot Info

  • Parcel #: 50434426110195080
  • Zoning: R-B - Low Density Residential

Multi Family

  • Number Of Units Total: 36
  • Maintenance Expense: 10445.0

Tax Info

  • Tax Annual Amount: 36083.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2014
Closed on
Sep 23, 2015
Sold by
Malley Alfred and Malley Janis
Bought by
Jacobs Jay S
Seller's Agent
Nicola Higgins
Douglas Elliman
Buyer's Agent
Lisa Mckeon
Becker & Company, Inc.
List Price
$3,150,000
Sold Price
$3,150,000
Current Estimated Value
$5,662,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,512,120
Avg. Annual Appreciation
5.85%
Original Mortgage
$2,000,000
Outstanding Balance
$1,511,122
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,150,998

Purchase Details

Closed on
Mar 7, 2008
Sold by
Dang Thuy H
Bought by
Malley Alfred

Purchase Details

Closed on
Aug 17, 2006
Sold by
Premier Palm Beach Lp
Bought by
Dang Thuy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,484,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jacobs Jay S $3,150,000 Attorney
Malley Alfred $2,375,000 Attorney
Dang Thuy H $2,120,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Jay S $2,000,000
Previous Owner Dang Thuy H $1,484,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2015 08/23/15 Sold $3,150,000 +20900.0% $979 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
03/14/2015 03/14/15 Rented $15,000 0.0% --
02/12/2015 02/12/15 Under Contract -- -- --
12/22/2014 12/22/14 For Rent $15,000 0.0% --
12/22/2014 12/22/14 For Sale $3,150,000 0.0% $979 / Sq Ft
10/31/2012 10/31/12 Rented $11,000 0.0% --
10/01/2012 10/01/12 Under Contract -- -- --
07/27/2012 07/27/12 For Rent $11,000 -- --
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 $65,622 $4,421,582 -- --
2024 $65,622 $4,019,620 -- --
2023 $63,190 $3,654,200 $0 $0
2022 $52,602 $3,322,000 $0 $0
2021 $49,096 $3,020,000 $0 $3,020,000
2020 $50,407 $3,020,000 $0 $3,020,000
2019 $51,468 $3,020,000 $0 $3,020,000
2018 $48,995 $3,120,000 $0 $3,120,000
2017 $44,929 $2,705,000 $0 $0
2016 $40,861 $2,370,000 $0 $0
2015 $38,435 $2,140,000 $0 $0
2014 $36,083 $1,983,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicola Higgins

    Seller's Agent in 2015

    Nicola Higgins

    Douglas Elliman

    (954) 817-2500

    60 Total Sales

    Nicola Higgins
    Section Image

  • L

    Buyer's Agent in 2015

    Lisa Mckeon

    Becker & Company, Inc.

  • L

    Buyer's Agent in 2015

    LISA McKEON P.A.

    LANG REALTY, INC.

  • L

    Buyer's Agent in 2015

    LISA McKEON PA

    Douglas Elliman

  • Linda R Olsson

    Buyer's Agent in 2012

    Linda R Olsson

    Linda R. Olsson Inc.

    (561) 329-4044

    92 Total Sales

    Linda R Olsson
    Section Image
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About Three Thousand South

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-2628

APN: 50-43-44-26-11-019-5080

Florida Palm Beach County Palm Beach 33480

3000 S Ocean Blvd Unit 508, Palm Beach, FL

Not Listed for Sale

Coop

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