NOT LISTED FOR SALE

308 Inlet Way Unit 3 Riviera Beach, FL 33404

Estimated Value: $643,234 - $920,000

2 Beds
2 Baths
1,240 Sq Ft
$500/mo HOA Fee

Last Sold March 07, 2016

Last sale price $332,500 $268 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $5,324/month

69 Days on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Community Pool
  • William T. Dwyer High School Rated A-
  • Great Room
  • Tennis Courts

About This Home

As of March 2016

Price reduced 36k. Fabulous 6 unit,55+ condo complex directly on the inlet...watch the boats go by from your living room, 2nd bedroom/fam rm & pool/patio area.Walk out your door onto the patio & pool area... lives like a single family home.Tax records show 1240 s/f not including the converted porch area. 30k in recent improvements- New 24'' staggered tile floors throughout, new kitchen lighting,refaced cabinets, ''stone'' counters, stainless appliances, on demand water heater, water filtration system, & new central a/c. Second bedroom used as a den w/ pocket oriental style doors that open to living room with view of inlet. Both baths are updated with an oriental flair. Hurricane rated windows on south & east side w/ 2'' wood blinds. Some exclusions apply-ask realtor for list. No pets

Last Agent to Sell the Property

Pamela Murray

Compass Florida LLC License #3009717 Listed on: 11/28/2015

Compass Florida LLC

Last Buyer's Agent

Keith Musbach

The Corcoran Group License #3070469

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,970

Year Built

  • Built in 1976

Lot Details

  • Property fronts an intracoastal waterway
  • Fenced
  • Sprinkler System

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Intracoastal
  • Pool

Home Design

  • Composition Roof
  • Built-Up Roof

Interior Spaces

  • 1,240 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Single Hung Metal Windows
  • Blinds
  • French Doors
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring
  • Security Lights

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Reverse Cycle Heating System
  • Heat Strip
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 54434234120000030

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, pest control, pool(s), sewer, trash, water
  • 6 Units
  • Palm Beach Shores Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Community Pool
  • Trails

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,970

Year Built

Built in 1976

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Blue Heron Bridge take right on Lake Dr to Inlet Way turn left and building is on right
  • Year Built: 1976
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, French Door(s)/Atrium Door(s), Living/Dining Room, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Ceramic Tile
  • Living Area: 1240.0
  • Dining Room Type: Den, Great Room
  • Stories: 2
  • Window Features: Blinds, Impact Glass, Metal, Single Hung

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Intercoastal, Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Built-Up, Composition, Other

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Electric, Reverse Cycle
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Strip
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500.0
  • Community Features: Boat Facilities, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Laundry, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 54434234120000030
  • Zoning Description: C

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3970.0

Multi Family

  • Number Of Units In Community: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2021
Sold by
Edmondson Elie A and Edmondson Michael B
Bought by
Edmondson Elie A
Current Estimated Value
$732,059

Purchase Details

Listed on
Nov 28, 2015
Closed on
Mar 7, 2016
Sold by
Hurst Carol T and Hurst Carol T
Bought by
Edmondson Michael
Seller's Agent
Pamela Murray
Compass Florida LLC
Buyer's Agent
Keith Musbach
The Corcoran Group
List Price
$395,560
Sold Price
$332,500
Premium/Discount to List
-$63,060
-15.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%

Purchase Details

Listed on
Dec 21, 2011
Closed on
Jul 16, 2012
Sold by
Fleming Walter J
Bought by
Hurst Carol T
Seller's Agent
Anne Slocum
Florida Homes & Condominiums
Buyer's Agent
Anne Slocum
Florida Homes & Condominiums
List Price
$399,000
Sold Price
$285,000
Premium/Discount to List
-$114,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%

Purchase Details

Closed on
May 22, 2008
Sold by
Fleming Suzanne H
Bought by
Fleming Walter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2002
Sold by
Glass Alan R and Glass Edward D
Bought by
Fleming Walter J and Fleming Suzanne H
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
Edmondson Elie A -- None Available
Edmondson Michael $332,500 None Available
Hurst Carol T $285,000 Attorney
Fleming Walter J -- Universal Land Title Inc
Fleming Walter J $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fleming Walter J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $332,500 -15.9% $268 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
11/28/2015 11/28/15 For Sale $395,560 +38.8% $319 / Sq Ft
07/16/2012 07/16/12 Sold $285,000 -28.6% $230 / Sq Ft
06/16/2012 06/16/12 Pending -- -- --
12/21/2011 12/21/11 For Sale $399,000 -- $322 / 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 $10,016 $505,656 -- --
2023 $9,823 $485,947 $0 $0
2022 $9,006 $441,770 $0 $0
2021 $7,723 $368,656 $0 $368,656
2020 $4,404 $248,642 $0 $0
2019 $4,431 $243,052 $0 $0
2018 $5,757 $281,500 $0 $281,500
2017 $5,838 $281,500 $0 $0
2016 $3,886 $223,051 $0 $0
2015 $3,970 $221,500 $0 $0
2014 $4,444 $241,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10187776

BeachesMLS

APN: 54-43-42-34-12-000-0030