NOT LISTED FOR SALE

311 E Ocean Ave Unit 306 Lantana, FL 33462

East Ocean Avenue Neighborhood

Estimated Value: $261,000 - $369,000

1 Bed
1 Bath
746 Sq Ft
$730/mo HOA Fee

Last Sold May 24, 2024

Last sale price $317,000 $425 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,795/month

39 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Intracoastal View
  • Property has ocean access
  • Fitness Center
  • 1-minute walk to Lyman Kayak Park

About This Home

As of May 2024

This unit is an extremely rare find. It is a beautiful completely remodeled condo that has one of the best views on the Intracoastal. Looking up the navigable area of the Palm Beach Intracoastal waterway you have unobstructed ocean access for boating and fishing. It is in walking distance to the beach and over 10 great restaurants and Publix grocery store. Within a couple hundred feet of your front door are Bicentennial park, commercial sport fishing, public boat launch, and 3 great restaurants, including the historic Old Key Lime House. This is a great unit, in a great location. Come and see it for yourself.

Last Agent to Sell the Property

Robert Harrison

Premier Brokers International License #3581291 Listed on: 03/08/2024

Premier Brokers International

Last Buyer's Agent

William Martin

Coldwell Banker Realty /Delray Beach License #3359715

Coldwell Banker Realty /Delray Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $940

Year Built

  • Built in 1966

Lot Details

  • Home fronts navigable water
  • Property fronts an intracoastal waterway

HOA Fees

  • $730 Monthly HOA Fees

Property Views

  • Intracoastal
  • Pool

Home Design

  • Entry on the 3rd floor
  • Composition Roof

Interior Spaces

  • 746 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Plantation Shutters
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Security Lights

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 40434503200003060

Community Details

Overview

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

Amenities

  • Elevator
  • Bike Room

Recreation

  • Boat Ramp
  • Boating
  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Security

  • Card or Code Access
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$940

Year Built

Built in 1966

Lot Details

0

HOA Fees

$730 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Take I95 exit East on Lantana Blvd, south on Hwy 1 East on E Ocean Ave 1/4 mile on left side Island Towers just before the bridge.
  • Year Built: 1966
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Breakfast Area, Living/Dining Room, Separate Shower
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 746.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3
  • Window Features: Impact Glass, Plantation Shutters

Exterior Features

  • View: Intercoastal, Pool
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

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

Utilities

  • Security: Key Card Entry, Security Lights
  • 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: 730.0
  • Community Features: Boat Facilities, Non-Gated, Pool, Shuffleboard
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Pool, Shuffleboard Court, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 40434503200003060
  • Lot Size: East of US-1,Paved Road,
  • Zoning Description: M3(cit

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 940.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 20, 2024
Sold by
Harrison Robert and Harrison Lisa
Bought by
Yip Eileen
Seller's Agent
Robert Harrison
Premier Brokers International
Buyer's Agent
William Martin
Coldwell Banker Realty /Delray Beach
List Price
$345,000
Sold Price
$317,000
Premium/Discount to List
-$28,000
-8.12%
Views
34
Current Estimated Value
$315,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,773
Avg. Annual Appreciation
-0.41%
Original Mortgage
$221,900
Outstanding Balance
$218,917
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$96,310

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 6, 2023
Sold by
Margel Leonard
Bought by
Harrison Robert and Harrison Lisa
Seller's Agent
Mark Rucco
RE/MAX Direct
Buyer's Agent
Robert Harrison
Premier Brokers International
List Price
$225,000
Sold Price
$222,000
Premium/Discount to List
-$3,000
-1.33%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.01%

Purchase Details

Closed on
Mar 7, 2001
Sold by
Virginia M Moger I
Bought by
Margel Leonard
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
Yip Eileen $317,000 Firm Title
Harrison Robert $222,000 Florida Direct Title
Harrison Robert $222,000 Florida Direct Title
Margel Leonard $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yip Eileen $221,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2024 05/24/24 Sold $317,000 -2.5% $425 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
03/23/2024 03/23/24 Price Changed $325,000 -5.8% $436 / Sq Ft
03/08/2024 03/08/24 For Sale $345,000 +55.4% $462 / Sq Ft
09/06/2023 09/06/23 Sold $222,000 -1.3% $298 / Sq Ft View Prior Sale
08/10/2023 08/10/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $225,000 -- $302 / 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 $4,647 $222,200 -- --
2023 $940 $75,388 $0 $0
2022 $988 $73,192 $0 $0
2021 $968 $71,060 $0 $0
2020 $963 $70,079 $0 $0
2019 $958 $68,503 $0 $0
2018 $920 $67,226 $0 $0
2017 $853 $65,843 $0 $0
2016 $851 $64,489 $0 $0
2015 $868 $64,041 $0 $0
2014 $873 $63,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Robert Harrison

    Premier Brokers International

    (831) 515-9661

    2 in this area

    2 Total Sales

    Robert Harrison
    Section Image

  • W

    Buyer's Agent in 2024

    William Martin

    Coldwell Banker Realty /Delray Beach

    (203) 246-6485

    1 in this area

    32 Total Sales

    William Martin
    Section Image
  • Renata LaRocque

    Buyer Co-Listing Agent in 2024

    Renata LaRocque

    Coldwell Banker Realty /Delray Beach

    (561) 344-1233

    1 in this area

    32 Total Sales

    Renata LaRocque
    Section Image
  • Mark Rucco

    Seller's Agent in 2023

    Mark Rucco

    RE/MAX

    (413) 522-0115

    1 in this area

    640 Total Sales

    Mark Rucco
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10966954

BeachesMLS

APN: 40-43-45-03-20-000-3060

Florida Palm Beach County Lantana 33462 East Ocean Avenue

311 E Ocean Ave Unit 306, Lantana, FL

This home is located at 311 E Ocean Ave Unit 306, Lantana, FL 33462 since 08 March 2024 and is currently estimated at $315,227, approximately $422 per square foot. This property was built in 1966. 311 E Ocean Ave Unit 306 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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