NOT LISTED FOR SALE

3120 S Ocean Blvd Unit 1-403 Palm Beach, FL 33480

Estimated Value: $3,071,000 - $3,544,000

3 Beds
3.5 Baths
2,877 Sq Ft
$2,403/mo HOA Fee

Last Sold September 08, 2021

Last sale price $2,500,000 $869 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $23,507/month

39 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Gated with Attendant
  • Community Pool

About This Home

As of September 2021

Spectacular Direct Ocean views from every room of this wonderful spacious 3 bedroom, 3.5 bathroom apartment. Watch the sunrise and sunset from 3 balconies. 9 foot ceilings, marble floors, all hurricane impact doors & windows, full laundry room, 2 walk-in closets in the master, and private views of the Ocean from the spacious master bathroom & shower. 2 garage spots included as well as your own boat dock for a 39 foot boat. The 3120 Building has been beautifully renovated with all assessments paid. The small luxury building includes just 45 apartments, 24 hour manned gated entrance, new pool area with an Oceanfront sun deck, wide beach, tennis courts, 3 fitness rooms, and stylish lobbies & halls.

Last Agent to Sell the Property

Joan Wenzel

Douglas Elliman License #597469 Listed on: 06/30/2021

Douglas Elliman

Co-Listed By

Pamela Gottfried

Douglas Elliman License #0373953

Last Buyer's Agent

Joan Wenzel

Douglas Elliman License #597469 Listed on: 06/30/2021

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,985

Year Built

  • Built in 1984

Lot Details

  • Ocean Front

HOA Fees

  • $2,403 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Interior Spaces

  • 2,877 Sq Ft Home
  • Wet Bar
  • Formal Dining Room
  • Ocean Views
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 50434426070014030

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, sewer, security, trash, water
  • 45 Units
  • Thirty One Twenty Condo Subdivision
  • 6-Story Property

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,985

Year Built

Built in 1984

Lot Details

0

HOA Fees

$2,403 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 4 Buildings South of Lake Avenue Bridge on A1A
  • Year Built: 1984
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Pantry
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Tile
  • Living Area: 2877.0
  • Dining Room Type: Storage Room
  • Stories: 6

Exterior Features

  • Exterior Features: TV Antenna
  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage, Two or More Spaces

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2403.0
  • Community Features: Non-Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434426070014030
  • Zoning Description: R-D(1)

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 17985.0

Multi Family

  • Number Of Units In Community: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Sep 8, 2021
Sold by
Kakleas Nicholas and Tagaris Nicholas G
Bought by
Cuillo Gudrun Dobai
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
Joan Wenzel
Douglas Elliman
List Price
$2,750,000
Sold Price
$2,500,000
Premium/Discount to List
-$250,000
-9.09%
Current Estimated Value
$3,263,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,309
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Sep 15, 2009
Sold by
Tagaris Nicholas
Bought by
Nicholas G Tagaris 2003 Irrevocable Trus

Purchase Details

Closed on
May 15, 2008
Sold by
Tagaris Jody
Bought by
Tagaris Nicholas
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
Cuillo Gudrun Dobai $2,500,000 Attorney
Nicholas G Tagaris 2003 Irrevocable Trus $770,000 Oceanic Title & Escrow Llc
Tagaris Nicholas -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $2,500,000 -9.1% $869 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $2,750,000 0.0% $956 / Sq Ft
03/31/2015 03/31/15 For Rent $4,500 +9.8% --
03/31/2015 03/31/15 Rented $4,100 0.0% --
11/20/2014 11/20/14 Rented $4,100 -13.7% --
10/21/2014 10/21/14 Under Contract -- -- --
09/23/2014 09/23/14 For Rent $4,750 -- --
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 $36,974 $2,479,250 -- --
2023 $37,323 $2,479,250 $0 $2,479,250
2022 $34,155 $2,237,250 $0 $0
2021 $19,277 $1,349,250 $0 $1,349,250
2020 $17,985 $1,249,250 $0 $1,249,250
2019 $16,448 $1,099,250 $0 $1,099,250
2018 $15,062 $1,099,250 $0 $1,099,250
2017 $14,693 $1,099,250 $0 $0
2016 $13,365 $657,745 $0 $0
2015 $13,073 $597,950 $0 $0
2014 $11,023 $517,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joan Wenzel

    Seller's Agent in 2021

    Joan Wenzel

    Douglas Elliman

    (561) 371-5743

    75 Total Sales

    Joan Wenzel
    Section Image

  • P

    Seller Co-Listing Agent in 2021

    Pamela Gottfried

    Douglas Elliman

    (561) 371-5700

    69 Total Sales

    Pamela Gottfried
    Section Image
  • B. DUERR

    Seller Co-Listing Agent in 2015

    B. DUERR

    One Sotheby's International Re

    (305) 962-1876

    74 Total Sales

    B. DUERR
    Section Image
  • Scott Gordon

    Buyer's Agent in 2015

    Scott Gordon

    Douglas Elliman

    (561) 346-4141

    138 Total Sales

    Scott Gordon
    Section Image

  • L

    Buyer's Agent in 2014

    Linda D.

    Illustrated Properties

    (561) 707-1173

    16 Total Sales

    Linda D.
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10727693

BeachesMLS

APN: 50-43-44-26-07-001-4030

Florida Palm Beach County Palm Beach 33480

3120 S Ocean Blvd Unit 1-403, Palm Beach, FL

This home is located at 3120 S Ocean Blvd Unit 1-403, Palm Beach, FL 33480 since 30 June 2021 and is currently estimated at $3,263,309, approximately $1,134 per square foot. This property was built in 1984. 3120 S Ocean Blvd Unit 1-403 is a home located in Palm Beach County with nearby schools including Lake Worth High School, Palm Beach Public School, and Lake Worth Community 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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