NOT LISTED FOR SALE

309 E Ocean Ave Unit 305 Lantana, FL 33462

Estimated Value: $1,019,611 - $1,208,000

3 Beds
2.5 Baths
2,125 Sq Ft
2006 Built

Sale Details

Date Sold: August 15, 2016

Last sale price $645,000 $304 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,999 / mo

276 Days on Market

Highlights

  • Home fronts navigable water
  • Fitness Center
  • Intercom to Front Desk
  • Barn or Stable
  • Intracoastal View
  • 1-minute walk to Lyman Kayak Park

About This Home

As of August 2016

Luxury Lower Penthouse overlooking the Intracoastal Waterway and Hypoluxo Island with riveting sunrises/sunsets, private pool, gym, and 4 Docks available for purchase. Entering this full upgraded Penthouse you will be overwhelmed by the vaulted wooden decorated ceilings unique to this Penthouse due to its highest floor location. Next, the spacious layout features wooden floors everywhere, carpet flooring in the bedrooms, and tiled bathroom floors. Also, wine cooler, double walled-oven, granite counters, and upgraded cabinets in the kitchen. The Master bedroom includes its own private view to the Intracoastal and entrance to the covered patio, Jacuzzi-Tub and granite counters in its Master Bathroom. It is Lantana’s most exclusive location.

Last Buyer's Agent

Tonja Garamella

Douglas Elliman License #652979

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,928

Year Built

  • Built in 2006 | Newly Remodeled

Lot Details

  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • North Facing Home

HOA Fees

  • $701 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • On-Street Parking
  • Open Parking

Property Views

  • Intracoastal
  • Bay
  • Pool

Home Design

  • Split Level Home
  • Entry on the 5th floor
  • Composition Roof
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,125 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Jetted Soaking Tub and Separate Shower in Primary Bathroom
  • Roman Tub
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Security Fence, Lighting or Alarms
  • Motion Detectors

Accessible Home Design

  • Accessible Elevator Installed
  • Wheelchair Adaptable
  • Exterior Wheelchair Lift

Pool

  • Concrete Pool
  • Outdoor Shower

Outdoor Features

  • No Fixed Bridges
  • Unrestricted saltwater access
  • Seawall
  • Balcony
  • Patio
  • Awning

Farming

  • Barn or Stable

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Three-Phase Power
  • Electric Water Heater
  • Satellite Dish
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 40434503440003050

Community Details

Overview

  • 26 Units
  • Olde Village Pointe Condos
  • Olde Village Pointe Subdivision
  • Mandatory home owners association
  • 5-Story Property

Amenities

  • Intercom to Front Desk
  • Secure Lobby
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Phone Entry
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,928

Year Built

Built in 2006 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$701 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Architectural Style: Split Level
  • Directions: from I-95 Exit on Lantana Rd, East to A1A/US1, South to E Ocean Ave, East to N Lake Drive and park in rear to the right
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Building Stories: 5
  • Structure Type: Condo
  • Subdivision Name: OLDE VILLAGE POINTE
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 645000
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Fire Sprinklers, Entrance Foyer, Laundry Tub, Pantry, Roman Tub, Skylight, Split Bedroom, Vaulted Ceiling(s), Volume Ceilings, Walk-In Closet(s), Utility Room/Laundry
  • Spa Yn: Yes
  • Accessibility Features: Wheelchair, Wheelchair Designed
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Wood
  • Furnished: Unfurnished
  • Living Area: 2125
  • Other Equipment: Automatic Garage Door Opener, Satellite Dish, TV Antenna, Elevator, Central Tv Antenna
  • Stories: 5
  • Window Features: Skylight(s), Skylight, Awning, Sliding
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Laundry, Pantry, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Shower Only, Tub Only, Whirlpool/Spa

Exterior Features

  • Roof: Metal, Wood Truss/Rafter, Composition Roll, Metal Roof
  • View: Bay, Intracoastal View, Pool, Pool Area View, Water View, Bay View
  • Exterior Features: Balcony, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Barn(s), Livable, Barns
  • Patio And Porch Features: Awning(s), Patio
  • Pool Features: Community, Concrete
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Intracoastal Front, Navigable Water, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OLDE VILLAGE POINTE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Or More Spaces, Assigned, Circular Driveway, Guest, Parking Garage, On Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Central Tv Antenna, Elevator, Skylights
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Laundry Room, Utility Room/Laundry, Dryer Hook-Up, Washer Hookup
  • Security: Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Fire Sprinklers, Fire Alarm, Owned Burglar Alarm, Security System, Smoke Detector, Phone Entry, Intercom In Lobby, Lobby Secured, Motion Detector, Burglar Alarm, Unit Alarm
  • Utilities: Sewer Connected, Underground Utilities, Water Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 701
  • Amenities: Bike Storage, Community Pool, Elevator(s), Exercise Room, Storage, Pool, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Exercise Room, Mandatory Hoa, Pool, Underground Utilities

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 40434503440003050
  • Horse Amenities: Barn &/Or Stalls
  • Zoning: M3

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5928

Multi Family

  • Number Of Units In Community: 26

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Aug 1, 2016
Sold by
Bought by
Buyer's Agent
Tonja Garamella
Douglas Elliman
List Price
$795,000
Sold Price
$645,000
Premium/Discount to List
-$150,000
-18.87%
Current Estimated Value
$1,123,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,653
Avg. Annual Appreciation
5.77%

Purchase Details

Listed on
Mar 4, 2008
Closed on
Nov 26, 2012
Sold by
Bought by
Seller's Agent
Daryl Bush
Daryl G. Bush Realty Inc.
Buyer's Agent
Daryl Bush
Daryl G. Bush Realty Inc.
List Price
$1,180,000
Sold Price
$350,000
Premium/Discount to List
-$830,000
-70.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.86%
Original Mortgage
$262,500
Interest Rate
0.034%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 16, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
0.0587%
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$645,000 Sunbelt Title Agency
$350,000 Attorney
$900,000 Attorney
$857,490 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $262,500
Closed $700,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2016 08/15/16 Sold $645,000 -18.9% $304 / Sq Ft
07/16/2016 07/16/16 Pending -- -- --
10/14/2015 10/14/15 For Sale $795,000 +127.1% $374 / Sq Ft
11/28/2012 11/28/12 Sold $350,000 -70.3% $165 / Sq Ft View Prior Sale
10/29/2012 10/29/12 Pending -- -- --
03/10/2008 03/10/08 For Sale $1,180,000 -- $555 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,177 $761,332 -- --
2024 $15,177 $692,120 -- --
2023 $14,426 $629,200 $0 $0
2022 $13,333 $572,000 $0 $0
2021 $10,865 $520,000 $0 $520,000
2020 $10,129 $480,000 $0 $480,000
2019 $10,787 $507,000 $0 $507,000
2018 $11,093 $560,000 $0 $560,000
2017 $9,972 $477,000 $0 $0
2016 $5,806 $311,622 $0 $0
2015 $5,929 $309,456 $0 $0
2014 $5,934 $307,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tonja Garamella

    Buyer's Agent in 2016

    Tonja Garamella

    Douglas Elliman

    (561) 315-0992

    55 Total Sales

    Tonja Garamella
    Section Image

  • D

    Seller's Agent in 2012

    Daryl Bush

    Daryl G. Bush Realty Inc.

    (561) 715-0040

    13 Total Sales

    Daryl Bush
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10176598

MIAMI REALTORS® MLS

APN: 40-43-45-03-44-000-3050

Florida Palm Beach County Lantana 33462

309 E Ocean Ave Unit 305, Lantana, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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