NOT LISTED FOR SALE

301 W Ocean Ave Unit 40 Lantana, FL 33462

Ocean Heights Neighborhood

Estimated Value: $136,000 - $230,000

1 Bed
1 Bath
545 Sq Ft
$258/mo HOA Fee

Last Sold May 10, 2023

Last sale price $163,000 $299 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,405/month

27 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • Combination Kitchen and Dining Room
  • Walk-In Closet
  • Ceramic Tile Flooring
  • 5-minute walk to Lyman Kayak Park

About This Home

As of May 2023

Nice 1/1 condo in great location. Unit currently rented for $1,450 per month, lease expires October 31, 2023. Walking distance to the beach and downtown Lantana, which offers a variety of stores, caffe's and restaurants. Easy access to I-95. Property is offered in ''As-Is'' condition. All measurements are estimated and no warranty, expressed or implied, is made as to the accuracy of the information contained in this listing and the same is subject to errors and omissions.

Last Agent to Sell the Property

Lucas Vitaller

Highlight Realty Corp/LW License #3178470 Listed on: 04/12/2023

Highlight Realty Corp/LW

Last Buyer's Agent

Lucas Vitaller

Highlight Realty Corp/LW License #3178470 Listed on: 04/12/2023

Highlight Realty Corp/LW

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 1978

Lot Details

  • 0.4

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 545 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 40434503270000040

Community Details

Overview

  • Association fees include common areas, ground maintenance, sewer, trash, water
  • 20 Units
  • Lantana Amnded Plat Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,878

Year Built

Built in 1978

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Lantana Road east of I-95, south on Broadway and East on W Ocean Avenue. Property will be on the north side of the road.
  • Year Built: 1978
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 545.0
  • Stories: 2

Exterior Features

  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 258.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 40434503270000040
  • Zoning Description: R15 - MU

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1878.0

Multi Family

  • Number Of Units In Community: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 10, 2023
Sold by
Ramca Investments Llc
Bought by
Nostrum Llc
Seller's Agent
Lucas Vitaller
Highlight Realty Corp/LW
Buyer's Agent
Lucas Vitaller
Highlight Realty Corp/LW
List Price
$175,000
Sold Price
$163,000
Premium/Discount to List
-$12,000
-6.86%
Views
4
Current Estimated Value
$169,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,529
Avg. Annual Appreciation
1.69%
Original Mortgage
$56,000
Outstanding Balance
$13,369
Interest Rate
6.28%
Mortgage Type
Balloon
Estimated Equity
$156,160

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 6, 2022
Sold by
Antonio Defreitas Wilians and Antonio Juliana M
Bought by
Ramca Investments Llc
Seller's Agent
Gloria Pradines
United Realty Group Inc
Buyer's Agent
Lucas Vitaller
Highlight Realty Corp/LW
List Price
$140,000
Sold Price
$138,500
Premium/Discount to List
-$1,500
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.40%

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 14, 2018
Sold by
Demott Eric M
Bought by
Freitas Wilians Antonio De and Freitas Juliana M De
Seller's Agent
Dan DeMott
LPT Realty, LLC
List Price
$69,950
Sold Price
$71,500
Premium/Discount to List
$1,550
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.41%

Purchase Details

Listed on
Nov 15, 2013
Closed on
Dec 13, 2013
Sold by
Garofalo Emilio and Garofalo Giovanna
Bought by
Demott Eric M
Seller's Agent
Sandy Isabell
Isabell Realty & Mgmt Co.
Buyer's Agent
Sandy Isabell
Isabell Realty & Mgmt Co.
List Price
$43,000
Sold Price
$43,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$33,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 20, 1996
Sold by
Baker William R and Baker Terry L
Bought by
Garofalo Emilio and Garofalo Giovanna
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 Buyer Sale Price Title Company
Nostrum Llc $163,000 None Listed On Document
Nostrum Llc $163,000 None Listed On Document
Ramca Investments Llc $138,500 New Title Company Name
Ramca Investments Llc $138,500 New Title Company Name
Freitas Wilians Antonio De $71,500 South Florida Title Associat
Demott Eric M $43,000 Universal Land Title Llc
Garofalo Emilio $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nostrum Llc $56,000
Closed Nostrum Llc $56,000
Previous Owner Demott Eric M $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $163,000 -6.9% $299 / Sq Ft
04/12/2023 04/12/23 For Sale $175,000 0.0% $321 / Sq Ft
11/15/2022 11/15/22 Rented $1,450 -3.3% --
11/10/2022 11/10/22 Under Contract -- -- --
10/14/2022 10/14/22 Price Changed $1,500 -3.2% $3 / Sq Ft
09/28/2022 09/28/22 For Rent $1,550 0.0% --
07/06/2022 07/06/22 Sold $138,500 -1.1% $254 / Sq Ft
06/10/2022 06/10/22 For Sale $140,000 +95.8% $257 / Sq Ft
12/14/2018 12/14/18 Sold $71,500 +2.2% $131 / Sq Ft
11/14/2018 11/14/18 For Sale $69,950 +62.7% $128 / Sq Ft
12/20/2013 12/20/13 Sold $43,000 0.0% $78 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $43,000 -- $78 / 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 $2,932 $135,000 -- --
2023 $2,595 $118,000 $0 $118,000
2022 $1,878 $66,000 $0 $0
2021 $1,533 $60,000 $0 $60,000
2020 $1,476 $57,000 $0 $57,000
2019 $1,466 $56,000 $0 $56,000
2018 $546 $37,035 $0 $0
2017 $466 $36,273 $0 $0
2016 $450 $35,527 $0 $0
2015 $450 $35,280 $0 $0
2014 $449 $35,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10881248

BeachesMLS

APN: 40-43-45-03-27-000-0040