NOT LISTED FOR SALE

311 E Ocean Ave Unit 308 Lantana, FL 33462

Estimated Value: $394,618 - $456,000

2 Beds
2 Baths
900 Sq Ft
1966 Built

Sale Details

Date Sold: May 31, 2024

Last sale price $410,000 $456 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,258 / mo

79 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Florida Architecture
  • Boat Ramp
  • Property fronts an intracoastal waterway
  • 1-minute walk to Lyman Kayak Park

About This Home

As of May 2024

As you step inside this brand-new unit, prepare to be captivated by the breathtaking location that will leave you saying, ''Wow, what a view!'' This award-winning and tranquil location is truly unparalleled. Nestled on the renowned Ocean Avenue block in Lantana, steps away from the beach, boating activities, famous attractions like The Old Key Lime House restaurant, and waterfront bar/grill, as well as the luxurious EAU Hotel and Spa. Find yourself minutes from renowned destinations like Palm Beach Island, Delray Beach, and conveniently accessible to Publix grocery stores, only a 13-minute drive to Palm Beach International Airport, and I-95. Custom upgrades include a brand-new electrical system, new A/C unit, brand new water heater, new washer/dryer. Also brand new complete impact windows Ascend to the third/top floor of the building by the elevator to see that every inch of this property has been meticulously renovated, with no expense spared, and it has just been freshly finished - never before lived in. The custom-designed kitchen island is a true work of art, surrounded by custom-ordered cabinetry that perfectly complements the unique coastal theme of the residence. The kitchen boasts the latest and greatest cutting-edge appliances, ensuring your culinary endeavors are a breeze. The entire property is adorned with stunning tile work, from the elegantly tiled floors to the balcony and bathrooms. Floating vanities match the overall aesthetic, and LED lighting highlights the exquisite craftsmanship and material choices throughout this project. This remarkable location has long served as a haven for those seeking an escape from reality, and now, the opportunity to call it home is yours. Call us today to schedule your private viewing! Possible boat dock rental!

Last Agent to Sell the Property

Anthony Addeo

Serhant License #3473717 Listed on: 02/07/2024

Serhant

Last Buyer's Agent

Anthony Addeo

Serhant License #3473717 Listed on: 02/07/2024

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1966

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

HOA Fees

  • $642 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Ocean
  • Intracoastal
  • Pool

Home Design

  • Florida Architecture

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area

Schools

  • Lantana Elementary School
  • Lantana Community Middle School
  • Lake Worth High School

Utilities

  • Central Air
  • Heating Available
  • Three-Phase Power
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40434503200003080

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, sewer, trash, water
  • 31 Units
  • Island Towers Inc Condo Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Shuffleboard Court

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • Community Storage Space
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,800

Year Built

Built in 1966

Lot Details

0 Sq Ft Lot

HOA Fees

$642 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Take exit Lantana Blvd on I95 east, Take right on Dixie Hwy Left on E Ocean Ave 1/4 mile on left side Island Towers across from Old Key Lime House
  • Year Built: 1966
  • Architectural Style: Florida
  • Unit Levels: Multi/Split
  • New Construction: No
  • Pets No Pets Comments: Other Pet Restrictions:Service Animals
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Eat-in Kitchen, Kitchen Island, Living/Dining Room, Split Bedrooms, Storage, Separate Shower
  • Main Level Bedrooms: 2
  • Private Spa: No
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Microwave, Refrigerator, Water Heater, Washer
  • Accessibility Features: Accessibility Features, Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 900.0
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Intercoastal, Ocean, Pool
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Patio And Porch Features: Covered, Balcony
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Inside
  • Security: Security System, Key Card Entry, Security Lights
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 642.23
  • Phone: 561-641-1016
  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Boating, Shuffleboard Court, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Sewer, Trash, Water

Schools

  • Elementary School: Lantana
  • High School: Lake Worth
  • Middle Or Junior School: Lantana Community

Lot Info

  • Parcel #: 40434503200003080
  • Mobile Dim Units: Feet
  • Zoning: M3(cit

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4799.91

Multi Family

  • Number Of Units In Community: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2026
Sold by
David Achee and Elli Moriatis
Bought by
Achee David
Current Estimated Value
$415,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Outstanding Balance
$402,976
Interest Rate
6.21%
Mortgage Type
New Conventional
Estimated Equity
$12,429

Purchase Details

Listed on
Feb 7, 2024
Closed on
May 31, 2024
Sold by
Addeo Anthony
Bought by
Achee David and Moriatis Elli
Seller's Agent
Anthony Addeo
Serhant
Buyer's Agent
Anthony Addeo
Serhant
List Price
$479,900
Sold Price
$410,000
Premium/Discount to List
-$69,900
-14.57%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.68%
Original Mortgage
$389,500
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2022
Closed on
Mar 31, 2022
Sold by
Peter Robbins
Bought by
Addeo Anthony
Seller's Agent
Brent Balcomb
United Realty Group, Inc
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.38%
Original Mortgage
$236,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1999
Sold by
Vicini Anna and Schmutzler Rolf
Bought by
Vicini Anna and Robbins Peter
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Achee David -- Supreme Title
Achee David $410,000 None Listed On Document
Addeo Anthony $295,000 Nu World Title & Settlement
Vicini Anna $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Achee David $403,750
Previous Owner Achee David $389,500
Previous Owner Addeo Anthony $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $410,000 -8.8% $456 / Sq Ft
04/01/2024 04/01/24 Price Changed $449,500 -6.3% $499 / Sq Ft
02/07/2024 02/07/24 For Sale $479,900 +62.7% $533 / Sq Ft
04/01/2022 04/01/22 Sold $295,000 -9.2% $328 / Sq Ft View Prior Sale
03/02/2022 03/02/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $325,000 0.0% $362 / Sq Ft
04/11/2020 04/11/20 Rented $1,500 0.0% --
03/12/2020 03/12/20 Under Contract -- -- --
02/28/2020 02/28/20 For Rent $1,500 0.0% --
07/15/2017 07/15/17 Rented $1,500 0.0% --
06/15/2017 06/15/17 Under Contract -- -- --
05/27/2017 05/27/17 For Rent $1,500 +20.0% --
05/22/2015 05/22/15 Rented $1,250 0.0% --
04/22/2015 04/22/15 Under Contract -- -- --
03/09/2015 03/09/15 For Rent $1,250 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,964 $352,200 -- --
2024 $4,964 $280,366 -- --
2023 $4,800 $272,200 $0 $272,200
2022 $5,364 $241,357 $0 $0
2021 $4,775 $220,468 $0 $220,468
2020 $4,391 $199,468 $0 $199,468
2019 $4,390 $197,468 $0 $197,468
2018 $4,139 $197,468 $0 $197,468
2017 $3,726 $172,468 $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10956574

BeachesMLS (Greater Fort Lauderdale)

APN: 40-43-45-03-20-000-3080

Your Personal Tour Guide

Ask me questions while you tour the home.