NOT LISTED FOR SALE

3120 S Ocean Blvd Unit 3-501 Palm Beach, FL 33480

Estimated Value: $2,478,000 - $2,858,000

3 Beds
3 Baths
2,570 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $1,150,000 $447 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $17,345/month

105 Days on Market

Highlights

  • Direct Ocean View
  • Property has ocean access
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • Tennis Courts

About This Home

As of March 2019

Rare two story penthouse with vast southeast views of the ocean. Plus a tennis court on the ICW and boat docks available as well, which is a rarity. Impact windows and garage parking spot.

Last Agent to Sell the Property

THOR BROWN

The Corcoran Group License #3022293 Listed on: 11/21/2018

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $14,693

Year Built

  • Built in 1984

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

HOA Fees

  • $1,800 Monthly HOA Fees

Interior Spaces

  • 2,570 Sq Ft Home
  • Dining Area
  • Utility Room
  • Home Gym
  • Tile Flooring
  • Direct Ocean Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Washer

Parking

  • 1 Car Garage
  • No Garage

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Tennis Courts
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434426070035010

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 45 Units
  • 3120 Bldg Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Common Area
  • Lobby
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$14,693

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,800 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: A1A, on the ocean side in Palm Beach, just south of the Lake Worth Bridge
  • Building Name: 3120 Bldg
  • Garage Yn: Yes
  • Year Built: 1984
  • Location Tax Legal:Name of Building: 3120 Bldg
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 14693.14
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Living Area: 2570.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1800.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 45
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Laundry:Laundry in Unit: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave, Jenn-Aire, Washer, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Cable
  • Living Area: 2570.0
  • Stories: 6
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Jenn-Aire: Yes

Exterior Features

  • Pool Features: Pool, Spa
  • Pool Private: Yes
  • Exterior Features: Balcony, Ocean Access- Deeded, Tennis Court - Hard, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court - Hard: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Pool/Spa: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:No Garage2: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434426070035010
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 45
  • Maintenance Expense: 1800.0

Tax Info

  • Tax Annual Amount: 14693.14
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2018
Closed on
Mar 25, 2019
Sold by
Ginsberg Nora
Bought by
Livin Mancuso John E and John E Mancuso Revocable Living Trust
Seller's Agent
THOR BROWN
The Corcoran Group
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$2,587,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,437,179
Avg. Annual Appreciation
12.28%
Original Mortgage
$920,000
Outstanding Balance
$818,559
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,570,287

Purchase Details

Closed on
May 19, 1997
Sold by
Jchm Co Ltd
Bought by
Ginsberg Stanton
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
Livin Mancuso John E $1,150,000 Attorney
Ginsberg Stanton $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revocable Livin John E $475,000
Open Livin Mancuso John E $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2019 03/27/19 Sold $1,150,000 0.0% $447 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
11/21/2018 11/21/18 For Sale $1,150,000 -- $447 / Sq Ft
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 $15,072 $1,016,236 -- --
2023 $14,725 $986,637 $0 $0
2022 $14,730 $957,900 $0 $0
2021 $14,988 $930,000 $0 $930,000
2020 $15,870 $930,000 $0 $930,000
2019 $15,357 $880,000 $0 $880,000
2018 $14,834 $960,000 $0 $960,000
2017 $14,693 $960,000 $0 $0
2016 $12,559 $678,810 $0 $0
2015 $12,188 $617,100 $0 $0
2014 $10,728 $561,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-2287

APN: 50-43-44-26-07-003-5010