NOT LISTED FOR SALE

Estimated Value: $462,000 - $525,000

3 Beds
2 Baths
1,435 Sq Ft
$1,007/mo HOA Fee

Last Sold April 19, 2023

Last sale price $436,000 $304 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,241/month

53 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Heated Pool
  • Breakfast Area or Nook
  • Transportation Service
  • Clubhouse
  • Elevator

About This Home

As of April 2023

Make this 3 bedroom, 2 bath corner unit condo @ Palm Aire in Lighthouse Point yours! Enjoy the secluded enclave of Palm Aire located directly on the Intracoastal in Lighthouse Point. This unit features full impact windows & doors, updated electrical, new AC & new Washer & Dryer in the unit. Kitchen features white cabinets, granite counters & tons of natural light. The master has 3 large closets including a walk in w/ tons of storage options. The master bath has a walk-in shower & updated vanity. Bathroom 2 also has a walk-in shower & updated vanity. Enjoy the large screened patio that also has impact sliders for expanded living space. Watch the awesome boat action on the Intracoastal daily. Palm Aire offers a heated pool, dockage when available, clubhouse & more.

Last Agent to Sell the Property

Christine Balistreri

Balistreri Real Estate Inc License #3028682 Listed on: 02/24/2023

Balistreri Real Estate Inc

Co-Listed By

Martha Tompkins

Balistreri Real Estate Inc License #3015261

Last Buyer's Agent

Carol Balistreri

Balistreri Real Estate Inc License #436674

Balistreri Real Estate Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,475

Year Built

  • Built in 1971

Lot Details

  • Property fronts an intracoastal waterway
  • South Facing Home

HOA Fees

  • $1,007 Monthly HOA Fees

Property Views

  • Intracoastal
  • Garden

Interior Spaces

  • 1,435 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Florida or Dining Combination
  • Breakfast Area or Nook
  • Washer and Dryer

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Open Patio
  • Exterior Lighting
  • Porch

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484308AG0300

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, parking, reserve fund, sewer, trash, water
  • 60 Units
  • Palm Aire At Coral Key Subdivision
  • Car Wash Area

Amenities

  • Transportation Service
  • Picnic Area
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,475

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,007 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From Federal Highway, go east on NE 49th Street. When you get to the stop sign, make a right and your 1st left on NE 48th Ct. Go to the end and enter Palm Aire. Go to the 3100 building.
  • Year Built: 1971
  • Carport Y N: No
  • Entry Level: 2
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Family/Dining Room, Main Living Area Entry Level
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Appliances: Dryer, Electric Water Heater, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1435.0
  • Stories: 4
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Security/High Impact Doors, Porch
  • View: Garden, Intercoastal, Water
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, Intracoastal Access, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Green Building Features: Exterior Lighting
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 3020.0
  • Community Features: Non-Gated, Dock
  • Senior Community: No
  • Amenities: Boat Dock, Clubhouse, Laundry, Barbecue, Picnic Area, Pool, Storage, Trash, Transportation Service, Vehicle Wash Area, Elevator(s)
  • Association Fee Frequency: Quarterly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Parking, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 484308AG0300

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2475.0

Multi Family

  • Number Of Units In Community: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 13, 2023
Sold by
Sheehan James P and Sheehan Alexandra M
Bought by
Long Christopher Gary
Seller's Agent
Christine Balistreri
Balistreri Real Estate Inc
Buyer's Agent
Carol Balistreri
Balistreri Real Estate Inc
List Price
$479,000
Sold Price
$436,000
Premium/Discount to List
-$43,000
-8.98%
Views
1
Current Estimated Value
$490,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,434
Avg. Annual Appreciation
6.28%
Original Mortgage
$348,800
Outstanding Balance
$341,078
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$158,323

Purchase Details

Closed on
Feb 12, 2023
Sold by
Lawrence J Sheehan Revocable Trust
Bought by
Sheehan James P and Sheehan Alexandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,800
Outstanding Balance
$341,078
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$158,323

Purchase Details

Closed on
Mar 23, 2018
Sold by
Sheehan Lawrence J
Bought by
Sheehan Lawrence J and Sheehan Revocable T Lawrence S

Purchase Details

Closed on
Oct 23, 2000
Sold by
Smith Carolyn L
Bought by
Sheehan Lawrence J

Purchase Details

Closed on
Mar 16, 1999
Sold by
Available Not
Bought by
Available Not
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
Long Christopher Gary $436,000 Integrity Title
Sheehan James P -- --
Sheehan Lawrence J -- Attorney
Sheehan Lawrence J $62,000 --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Christopher Gary $348,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $436,000 -9.0% $304 / Sq Ft
02/24/2023 02/24/23 For Sale $479,000 -- $334 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $6,305 $369,500 -- --
2024 $2,684 $359,090 -- --
2023 $2,684 $174,040 $0 $0
2022 $2,475 $168,980 $0 $0
2021 $2,401 $164,060 $0 $0
2020 $2,358 $161,800 $0 $0
2019 $2,310 $158,170 $0 $0
2018 $2,175 $155,230 $0 $0
2017 $2,151 $152,040 $0 $0
2016 $2,122 $148,920 $0 $0
2015 $2,166 $147,890 $0 $0
2014 $2,183 $146,720 $0 $0
2013 -- $164,590 $16,460 $148,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10369129

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-08-AG-0300