NOT LISTED FOR SALE

311 E Ocean Ave Unit 307 Lantana, FL 33462

East Ocean Avenue Neighborhood

Estimated Value: $331,308 - $480,000

2 Beds
2 Baths
894 Sq Ft
$495/mo HOA Fee

Last Sold November 24, 2020

Last sale price $265,000 $296 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,985/month

1 Day on Market

Highlights

  • Property fronts an intracoastal waterway
  • Community Pool
  • Separate Shower in Primary Bathroom
  • Fitness Center
  • Shuffleboard Court
  • 1-minute walk to Lyman Kayak Park

About This Home

As of November 2020

Location, Location and Lifestyle!! This Intracoastal gem has breathtaking views and is completely updated, ready for the next owner to just move right in! Beautifully decorated, and feels so spacious! Completed redone unit with all impact windows, rewired electric, recessed lighting, ''wood look'' tile, new cabinetry and quartz countertops in kitchen. Enjoy your morning coffee or evening wine as you overlook the water from your balcony. Swim at your leisure or relax on the extended dock. You can walk to the oldest Palm Beach County Tiki Bar, Old Key Lime House, or cross over the bridge for an evening stroll on the ocean. This spot in paradise is perfect for your seasonal escape or your permanent residence.

Last Agent to Sell the Property

Mark Bournes

LPT Realty, LLC License #3283152 Listed on: 10/23/2020

LPT Realty, LLC

Last Buyer's Agent

Kim Spring

William Raveis Real Estate License #3408556

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,174

Year Built

  • Built in 1966

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $495 Monthly HOA Fees

Property Views

  • Intracoastal
  • Garden
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 894 Sq Ft Home
  • 3-Story Property
  • Furnished or left unfurnished upon request
  • Single Hung Metal Windows
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 40434503200003070

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,174

Year Built

Built in 1966

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: On north side of Ocean, just before the bridge
  • Year Built: 1966
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Living/Dining Room, Pantry, Separate Shower, Stacked Bedrooms
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 894.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • Window Features: Metal, Single Hung

Exterior Features

  • View: Garden, Intercoastal, Pool
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 495.0
  • Community Features: Non-Gated, Pool, Shuffleboard
  • Senior Community: No
  • Amenities: Fitness Center, Laundry, Pool, Shuffleboard Court, Storage, 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), Roof, Trash, Water

Lot Info

  • Parcel #: 40434503200003070
  • Zoning Description: Res

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3174.0

Multi Family

  • Number Of Units In Community: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 19, 2020
Sold by
Dercole Donald A and Dercole Barbara J
Bought by
Spring Kim
Seller's Agent
Mark Bournes
LPT Realty, LLC
Buyer's Agent
Kim Spring
William Raveis Real Estate
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%
Current Estimated Value
$393,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,327
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
Oct 4, 2019
Sold by
Demaer Gerard T and Demaer Tracy M
Bought by
Dercole Donald A and Dercole Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2011
Closed on
May 31, 2012
Sold by
Grauel Robert H and Grauel Edna B
Bought by
Demaer Gerard T and Demaer Tracy M
Seller's Agent
Judith Wilkinson
Inactive member
Buyer's Agent
Michael Weadock
The Lancore Group LLC
List Price
$235,000
Sold Price
$139,900
Premium/Discount to List
-$95,100
-40.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
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
Spring Kim $265,000 Infinity Title & Setmnt Inc
Dercole Donald A $236,000 Infinity Title & Setmnt Inc
Demaer Gerard T $139,900 Trident Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dercole Donald A $177,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $265,000 -1.5% $296 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $269,000 +92.3% $301 / Sq Ft
06/01/2012 06/01/12 Sold $139,900 -40.5% $156 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
01/06/2011 01/06/11 For Sale $235,000 -- $263 / 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 $3,803 $220,731 -- --
2023 $3,665 $214,302 $0 $0
2022 $3,662 $208,060 $0 $0
2021 $3,572 $202,000 $0 $202,000
2020 $3,165 $181,000 $0 $181,000
2019 $4,320 $194,048 $0 $194,048
2018 $4,066 $194,048 $0 $194,048
2017 $3,656 $169,048 $0 $0
2016 $3,079 $138,000 $0 $0
2015 $3,077 $134,000 $0 $0
2014 $2,935 $126,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Bournes

    Seller's Agent in 2020

    Mark Bournes

    LPT Realty, LLC

    (561) 352-0255

    1 in this area

    64 Total Sales

    Section Image

  • K

    Buyer's Agent in 2020

    Kim Spring

    William Raveis Real Estate

    (954) 906-2992

    2 in this area

    13 Total Sales

    Section Image

  • J

    Seller's Agent in 2012

    Judith Wilkinson

    Inactive member

  • M

    Buyer's Agent in 2012

    Michael Weadock

    The Lancore Group LLC

See All Agents

Map

Source: BeachesMLS

MLS Number: R10665606

BeachesMLS

APN: 40-43-45-03-20-000-3070

Florida Palm Beach County Lantana 33462 East Ocean Avenue

311 E Ocean Ave Unit 307, Lantana, FL

This home is located at 311 E Ocean Ave Unit 307, Lantana, FL 33462 since 23 October 2020 and is currently estimated at $393,327, approximately $439 per square foot. This property was built in 1966. 311 E Ocean Ave Unit 307 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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