NOT LISTED FOR SALE

3120 S Ocean Blvd Unit 2 501 Palm Beach, FL 33480

Estimated Value: $1,661,000 - $2,176,328

3 Beds
3 Baths
1,984 Sq Ft
$988/Sq Ft Est. Value

Highlights

  • Doorman
  • Direct Ocean View
  • Tennis Courts
  • Palm Beach Public School Rated A-
  • Property has ocean access
  • Gas Heated Pool

About This Home

As of October 2015

Palm Beach! Reduced, fabulous contemporary duplex townhouse, 3 bedroom with all the amenities of a condo, doorman, tennis courts, gym, library, hospitality room. Great views of the ocean from all major rooms! Boat slip.

rented 1/1/15-4/1/15

Last Agent to Rent the Property

HELENE SIDEL

Tina Fanjul Associates, Inc. Listed on: 11/24/2014

Last Renter's Agent

KRISTINA ANDERSON McPHERSON, THE C

Compass Florida, LLC License #3255143

Compass Florida, LLC

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $12,656

Year Built

  • Built in 1984

Lot Details

  • Waterfront
  • East Facing Home

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,984 Sq Ft Home
  • Window Treatments
  • Storage
  • Laundry in unit
  • Home Gym
  • Marble Flooring
  • Direct Ocean Views
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Tennis Courts
  • Balcony

Utilities

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

Listing and Financial Details

  • Security Deposit $12,000
  • Rent includes cable TV, electricity, local phone, water, sewer
  • Seasonal Lease Term
  • Assessor Parcel Number 50434426070025010

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • 45 Units
  • 3120 Bldg Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Lobby

Recreation

  • Community Pool
  • Pool Services

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$12,656

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: N/A
  • Architectural Style: Contemporary
  • Building Name: 3120 Bldg
  • Year Built: 1984
  • Location Tax Legal:Name of Building: 3120 Bldg
  • General Property Description:Living Area: 1984.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:_pound_ Units in Complex: 45
  • General Property Description:_pound_ Floors: 6.0
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Contract Information:Deposit Amount: 12000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: No
  • Services Included:Garbage: Yes
  • Utilities Included:Basic Cable TV: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Services Included:Trash Removal: Yes
  • Services Included:Yard Services: Yes
  • Utilities Included:Electric: Yes
  • Lease Type:Seasonal: Yes
  • Services Included:Pool Services: Yes
  • Utilities Included:Local Phone: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Flooring: Marble
  • Interior Amenities: Cable, Elevator, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1984.0
  • Stories: 6
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Alarms2: Yes

Exterior Features

  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Ocean Access-Deeded, Tennis Court-Clay, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Tennis Court-Clay: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Doorperson
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Electricity, Local Phone, Water, Sewer
  • Amenities: Full Time Manager, Garbage, Trash Removal, Pool Services, Yard Services

Association/Amenities

  • Restrictions:Condo Association: Yes

Lot Info

  • Parcel #: 50434426070025010

Multi Family

  • Number Of Units Total: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2010
Sold by
Ford Joseph A and Ford Patricia
Bought by
Bilkis Stephen
Current Estimated Value
$1,961,109

Purchase Details

Closed on
Sep 4, 2002
Sold by
Ray Michael and Ray Ellen
Bought by
Ray Michael E and Michael E Ray Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.18%

Purchase Details

Closed on
Jul 18, 2000
Sold by
Jerry Turco
Bought by
Ray Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.07%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Bilkis Stephen $425,000 Attorney
Ray Michael E $72,800 --
Ray Michael $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ford Joseph A $825,000
Previous Owner Ray Michael $100,000
Previous Owner Ray Michael E $147,000
Previous Owner Ray Michael $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2015 10/14/15 Rented $14,333 0.0% --
09/14/2015 09/14/15 Under Contract -- -- --
11/24/2014 11/24/14 For Rent $14,333 -- --
Source: Palm Beach Board of REALTORS®

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 $12,656 $853,720 -- --
2023 $12,356 $828,854 $0 $0
2022 $12,356 $804,713 $0 $0
2021 $12,575 $781,275 $0 $781,275
2020 $12,768 $781,275 $0 $781,275
2019 $13,030 $781,275 $0 $781,275
2018 $13,434 $831,275 $0 $831,275
2017 $12,701 $831,275 $0 $0
2016 $10,605 $575,768 $0 $0
2015 $10,134 $523,425 $0 $0
2014 $8,600 $456,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-2432

APN: 50-43-44-26-07-002-5010