NOT LISTED FOR SALE

Estimated Value: $345,000 - $454,000

2 Beds
2 Baths
1,056 Sq Ft
$587/mo HOA Fee

Last Sold July 07, 2023

Last sale price $390,000 $369 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,191/month

183 Days on Market

Highlights

  • Property has ocean access
  • Home fronts a canal
  • Screened Porch
  • Heated Pool
  • Clubhouse
  • Breakfast Area or Nook

About This Home

As of July 2023

Make this 2/2 unit on the first floor of the highly sought after Garden Villas within Palm-Aire your home. Enjoy your beautiful view of the ocean access canal and million dollar homes across the waterway from your private patio. Palm-Aire is a community sitting within the much desired city of Lighthouse Point. This condominium offers the opportunity to update and make your own. Featuring impact windows, washer and dryer inside the unit and so much more. Palm-Aire is located on the Intracoastal waterway with a beautiful pool and a community clubhouse which has many planned activities and also offers the ability to rent for private functions if desired. Dockage available through the HOA. Don’t miss this opportunity.

Last Agent to Sell the Property

Christine Randhawa

Balistreri Real Estate Inc License #3207589 Listed on: 11/09/2022

Balistreri Real Estate Inc

Last Buyer's Agent

Lisa Lennox

Vylla Home License #3464010

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,450

Year Built

  • Built in 1974

Lot Details

  • Home fronts a canal
  • East Facing Home

HOA Fees

  • $587 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Utility Room
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484308BG0110

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), recreation facilities, reserve fund, sewer, trash, water
  • Palm Aire At Coral Key Subdivision
  • Car Wash Area

Amenities

  • Picnic Area
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,450

Year Built

Built in 1974

Lot Details

0

HOA Fees

$587 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Federal Hwy, go east to NE 49th Street. Make an immediate right turn onto NE 21 Terrace. Make an immediate left turn onto NE 48th Court. Follow all the way to the end to enter the community. Building is the third building on your left.
  • Year Built: 1974
  • Carport Y N: No
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Closet Cabinetry, Entrance Foyer, Living/Dining Room, Main Level Master, Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Tile
  • Living Area: 1056.0
  • Dining Room Type: Family Room, Laundry, Utility Room
  • Stories: 2
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Canal, Water
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Beach Access, Canal Front, Dock Access, No Fixed Bridges, Ocean Access, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Patio, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, One Space

Utilities

  • Laundry Features: Common Area
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1760.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Boat Dock, Bike Storage, Clubhouse, Elevator(s), Laundry, Barbecue, Picnic Area, Pool, Storage, Vehicle Wash Area
  • Association #2 Fee: 1760.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 484308BG0110

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5450.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2024
Sold by
Hadley Richard and Thompson-Hadley Regina
Bought by
Hadley Richard and Thompson-Hadley Regina
Current Estimated Value
$381,714

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jul 7, 2023
Sold by
Wescott Gary and Wescott Jane
Bought by
Hadley Richard and Thompson-Hadley Regina
Seller's Agent
Christine Randhawa
Balistreri Real Estate Inc
Buyer's Agent
Lisa Lennox
Vylla Home
List Price
$435,000
Sold Price
$390,000
Premium/Discount to List
-$45,000
-10.34%
Views
141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.97%
Original Mortgage
$310,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2003
Sold by
Root Hugh E and Root Patricia M
Bought by
Wescott Gary and Pennline Jane
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
Hadley Richard -- None Listed On Document
Hadley Richard $390,000 None Listed On Document
Wescott Gary $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hadley Richard $310,000
Previous Owner Root Hugh E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $390,000 -4.9% $369 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
04/14/2023 04/14/23 Price Changed $410,000 -4.4% $388 / Sq Ft
01/26/2023 01/26/23 Price Changed $429,000 -1.4% $406 / Sq Ft
11/09/2022 11/09/22 For Sale $435,000 -- $412 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $7,059 $358,120 $35,810 $322,310
2024 $6,680 $358,120 $35,810 $322,310
2023 $6,680 $318,080 $0 $0
2022 $5,446 $289,170 $28,920 $260,250
2021 $5,450 $287,490 $0 $0
2020 $4,949 $261,360 $26,140 $235,220
2019 $4,828 $252,770 $25,280 $227,490
2018 $4,466 $252,930 $25,290 $227,640
2017 $4,223 $214,790 $0 $0
2016 $4,036 $195,270 $0 $0
2015 $3,756 $177,520 $0 $0
2014 $3,476 $161,390 $0 $0
2013 -- $151,320 $15,130 $136,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10355874

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-08-BG-0110