NOT LISTED FOR SALE

311 E Ocean Ave Unit 201 Lantana, FL 33462

East Ocean Avenue Neighborhood

Estimated Value: $306,952 - $390,000

2 Beds
2 Baths
899 Sq Ft
$513/mo HOA Fee

Last Sold May 23, 2019

Last sale price $190,000 $211 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,854/month

34 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • 78,608 Sq Ft lot
  • Elevator
  • Fitness Center
  • Community Pool
  • 1-minute walk to Lyman Kayak Park

About This Home

As of May 2019

One of the best locations in Lantana, Florida. Located in the intra-coastal community of Island Towers that is cozy and quaint. This corner unit is on the 2nd floor, walking distance to the intra-coastal. Condo has 2 bedrooms, 2 full bathrooms and covered balcony with an amazing view of the intra-coastal. Close to schools, shopping, and fine dining everywhere and all within walking distance to some of the best restaurants in the area. And the Ocean Avenue bridge is in walking distance from your home with beach access. Open living/dining room combo has sliding glass door which leads out to the covered balcony, kitchen with Formica countertops and ample cabinetry. Dining area is right next to kitchen for convenience when servicing guest and family. Stack bedrooms.

Last Agent to Sell the Property

kathy gross

Nautica Realty License #423905 Listed on: 03/19/2019

Last Buyer's Agent

Shahn Gross

Nautica Realty License #3228080

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $868

Year Built

  • Built in 1966

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor

HOA Fees

  • $513 Monthly HOA Fees

Property Views

  • Intracoastal
  • Bay
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 899 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Single Hung Metal Windows
  • Sliding Windows
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Parking

  • Open Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40434503200002010

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), roof, sewer, trash, water
  • Island Towers Inc Condo Subdivision

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$868

Year Built

Built in 1966

Lot Details

0

HOA Fees

$513 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: US 1 to East Ocean Ave, East to Old Key Lime House Restaurant, Island Towers across the street.
  • Year Built: 1966
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Living/Dining Room, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 899.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Bay, Garden, Intercoastal
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Bay Front, Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 513.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Parcel #: 40434503200002010
  • Lot Size Sq Ft: 78608.0
  • Zoning Description: M3(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 868.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
May 23, 2019
Sold by
Federal National Mortgage Association
Bought by
Suraj Persad Christopher
Seller's Agent
kathy gross
Nautica Realty
Buyer's Agent
Shahn Gross
Nautica Realty
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$350,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,488
Avg. Annual Appreciation
10.06%
Original Mortgage
$142,500
Outstanding Balance
$125,032
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$225,456

Purchase Details

Closed on
Feb 8, 2019
Sold by
Hodge Robin and Estate Of Grace J Lang
Bought by
Federal National Mortgage Association
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
Suraj Persad Christopher $190,000 Attorney
Federal National Mortgage Association $177,820 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suraj Persad Christopher $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2019 05/23/19 Sold $190,000 0.0% $211 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $190,000 -- $211 / 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 $5,787 $278,179 -- --
2023 $5,390 $252,890 $0 $0
2022 $5,238 $229,900 $0 $0
2021 $4,570 $211,000 $0 $211,000
2020 $4,197 $190,000 $0 $190,000
2019 $4,195 $188,000 $0 $188,000
2018 $868 $84,610 $0 $0
2017 $780 $82,870 $0 $0
2016 $762 $81,166 $0 $0
2015 $778 $80,602 $0 $0
2014 $775 $79,962 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • k

    Seller's Agent in 2019

    kathy gross

    Nautica Realty

    (561) 306-4755

    109 Total Sales

    kathy gross
    Section Image

  • S

    Buyer's Agent in 2019

    Shahn Gross

    Nautica Realty

    (561) 252-8315

    6 Total Sales

    Shahn Gross
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10514291

BeachesMLS

APN: 40-43-45-03-20-000-2010

Florida Palm Beach County Lantana 33462 East Ocean Avenue

311 E Ocean Ave Unit 201, Lantana, FL

This home is located at 311 E Ocean Ave Unit 201, Lantana, FL 33462 since 19 March 2019 and is currently estimated at $350,488, approximately $389 per square foot. This property was built in 1966. 311 E Ocean Ave Unit 201 is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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