NOT LISTED FOR SALE

307 Chilean Ave Unit 1 Palm Beach, FL 33480

Estimated Value: $8,522,000 - $14,248,517

1 Bed
1 Bath
1,300 Sq Ft
$7,846/Sq Ft Est. Value

Highlights

  • Lanai
  • Eat-In Kitchen
  • Patio
  • Palm Beach Public School Rated A-
  • Cooling Available
  • Terrazzo Flooring

About This Home

As of February 2015

Two blocks from Worth Ave and located in the middle block of Chilean. Walking distance to the beach and nearby restaurants. Beautiful patio.

Last Agent to Rent the Property

LUCY WEBSTER

VALORE GROUP REAL ESTATE Listed on: 01/02/2015

Last Renter's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $150,882

Year Built

  • Built in 1956

Lot Details

  • North Facing Home
  • Back Yard Fenced

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Terrazzo Flooring

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

  • Fire and Smoke Detector
  • Pest Guard System

Parking

  • Garage
  • No Garage
  • Open Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Security Deposit $1,500
  • Rent includes electricity, water, sewer
  • 12 Month Lease Term
  • Assessor Parcel Number 50434323050060320

Community Details

Overview

  • Front Yard Maintenance
  • 4 Units
  • Royal Park Community
  • Royal Park Subdivision
  • On-Site Maintenance

Amenities

  • No Laundry Facilities

Pet Policy

  • Small pets allowed

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$150,882

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: Royal Park
  • Directions: Go East ove Royal Palm Way bridge. Take right turn onto North county Rd. Go South past the gas station(on right side of street)
  • Architectural Style: Other Style
  • Building Name: Royal Park
  • Garage Yn: Yes
  • Year Built: 1956
  • Location Tax Legal:Name of Building: Royal Park
  • General Property Description:Living Area: 1300.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Units in Complex: 4
  • General Property Description:_pound_ Floors: 1.0
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Exposure of Unit:North2: Yes
  • Contract Information:Deposit Amount: 1500.0
  • Pets:Pets Allowed: Yes
  • Lease Type:Annual: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • Floors:Terrazzo: Yes
  • Services Included:Pest Control2: Yes
  • Services Included:Yard Services: Yes
  • Utilities Included:Electric: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • ACHeat:Units Air: Yes
  • Laundry:No Laundry2: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range-Electric, Oven-Single, Microwave
  • Total Bedrooms: 1
  • Flooring: Terrazzo
  • Interior Amenities: Ceiling Fan, Smoke Alarms
  • Living Area: 1300.0
  • Stories: 1
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Smoke Alarms2: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Patio/Lanai, Fence-Back Wall
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking:Open Parking: Yes
  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: No Laundry
  • Security: No Security
  • Heating: Units Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water, Sewer
  • Amenities: No Services, Pest Control, Yard Services

Lot Info

  • Parcel #: 50434323050060320

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
Grammarian Inc
Bought by
Kls Investments Llc
Current Estimated Value
$10,648,340

Purchase Details

Closed on
Jan 22, 2021
Sold by
Besikof Justin B and Besikof Meira S
Bought by
Grammarian Inc

Purchase Details

Closed on
May 10, 2019
Sold by
Dar Ahlam Ii Llc
Bought by
Besikof Justin B and Besikof Meira S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,352,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 18, 2016
Sold by
307 Chilean Buildings Llc
Bought by
Dar Ahlam Ii Llc

Purchase Details

Closed on
Oct 15, 2015
Sold by
Double L Family Limited Partnership
Bought by
307 Chilean Building Llc

Purchase Details

Closed on
Sep 21, 2000
Sold by
Bernard A Moran Jr Tr and Lucy R Anthony Webster Tr
Bought by
Double L Family L P
Source: Public Records

Range of Values:

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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
Kls Investments Llc $12,000,000 Alley Maass Rogers & Lindsay P
Grammarian Inc $6,344,700 Attorney
Besikof Justin B $2,250,000 Premier Title Company Ltd
Dar Ahlam Ii Llc $1,900,000 Attorney
307 Chilean Building Llc $595,900 Attorney
Double L Family L P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Besikof Justin B $3,800,000
Previous Owner Besikof Justin B $3,352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2015 02/15/15 Rented $2,000 0.0% --
01/16/2015 01/16/15 Under Contract -- -- --
01/02/2015 01/02/15 For Rent $2,000 +73.9% --
11/14/2012 11/14/12 Rented $1,150 0.0% --
11/14/2012 11/14/12 For Rent $1,150 -- --
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
2024 $150,882 $9,554,676 -- --
2023 $131,505 $8,686,069 $3,412,500 $5,273,569
2022 $126,013 $5,830,154 $0 $0
2021 $87,188 $5,300,140 $2,062,500 $3,237,640
2020 $30,443 $1,785,000 $1,785,000 $0
2019 $29,487 $1,630,876 $1,615,000 $15,876
2018 $29,867 $1,711,427 $1,699,500 $11,927
2017 $27,872 $1,552,167 $1,545,000 $7,167
2016 $31,530 $1,767,890 $0 $0
2015 $20,564 $1,091,641 $0 $0
2014 $19,052 $992,721 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-5

APN: 50-43-43-23-05-006-0320