NOT LISTED FOR SALE

320 S Ocean Blvd Unit LM Delray Beach, FL 33483

Beachside Delray Beach Neighborhood

Estimated Value: $804,000 - $1,014,000

2 Beds
2 Baths
1,095 Sq Ft
$545/mo HOA Fee

Last Sold January 07, 2016

Last sale price $375,000 $342 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $6,447/month

140 Days on Market

Highlights

  • Ocean Front
  • Community Pool
  • Walk-In Closet
  • Garden View
  • 1 Car Detached Garage
  • 1-minute walk to Anchor Park

About This Home

As of January 2016

Just Reduced.....Directly across from Delray's Public Beach and just a few short blocks to Atlantic Avenue. Vacant easy to show, small complex with tropical grounds, great pool , lanai with full kitchen and guest suite. Garage parking. Ground floor. No leasing for the first two (2) years of new ownership. $ 2,000. Capital contribution upon purchase paid by Buyer

Last Agent to Sell the Property

Daryl Bush

Daryl G. Bush Realty Inc. License #349645 Listed on: 07/20/2015

Last Buyer's Agent

Stuart Wexelman

KW Reserve License #3066381

KW Reserve

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,211

Year Built

  • Built in 1961

Lot Details

  • Ocean Front

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Property Views

  • Garden
  • Pool

Home Design

  • Entry on the 1st floor
  • Concrete Roof

Interior Spaces

  • 1,095 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12434616b50001213

Community Details

Overview

  • Association fees include common areas, insurance, laundry, ground maintenance, maintenance structure, pool(s), sewer, trash, water
  • 24 Units
  • Lanikai Villas Condo Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,211

Year Built

Built in 1961

Lot Details

0

HOA Fees

$545 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Address is S. Ocean Blvd., but access is from Gleason just north of Casaurina.
  • Year Built: 1961
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 1095.0
  • Stories: 2

Exterior Features

  • View: Garden, Pool
  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Front
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 545.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Laundry, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 12434616b50001213
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 8211.0

Multi Family

  • Number Of Units In Community: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2015
Closed on
Jan 7, 2016
Sold by
Goettsche Rosemary R
Bought by
Ryan Anthony and Ryan Deborah
Seller's Agent
Daryl Bush
Daryl G. Bush Realty Inc.
Buyer's Agent
Stuart Wexelman
KW Reserve
List Price
$465,000
Sold Price
$375,000
Premium/Discount to List
-$90,000
-19.35%
Current Estimated Value
$940,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,897
Avg. Annual Appreciation
9.68%
Original Mortgage
$262,500
Outstanding Balance
$207,161
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$733,736

Purchase Details

Closed on
Oct 1, 1996
Sold by
Goettsche Charles J
Bought by
Goettsche Roger L and Goettsche Rosemary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,100
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1996
Sold by
Barnett Bank Trust Co Tr
Bought by
Goettsche Roger L and Goettsche Charles J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ryan Anthony $375,000 Attorney
Goettsche Roger L $56,300 --
Goettsche Roger L $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Anthony $262,500
Previous Owner Goettsche Roger L $73,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2016 01/07/16 Sold $375,000 -19.4% $342 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $465,000 -- $425 / Sq Ft
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
2025 $11,500 $684,639 -- --
2024 $11,500 $665,344 -- --
2023 $11,573 $645,965 $0 $0
2022 $11,532 $627,150 $0 $0
2021 $9,810 $480,000 $0 $480,000
2020 $9,895 $480,000 $0 $480,000
2019 $9,728 $480,000 $0 $480,000
2018 $8,947 $480,000 $0 $480,000
2017 $8,235 $425,000 $0 $0
2016 $7,424 $345,000 $0 $0
2015 $8,224 $370,000 $0 $0
2014 $8,211 $360,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Daryl Bush

    Daryl G. Bush Realty Inc.

    (561) 715-0040

    5 in this area

    12 Total Sales

    Daryl Bush
    Section Image

  • S

    Buyer's Agent in 2016

    Stuart Wexelman

    KW Reserve

    (561) 702-4577

    19 Total Sales

    Stuart Wexelman
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10153056

BeachesMLS

APN: 12-43-46-16-B5-000-1213

Florida Palm Beach County Delray Beach 33483 Beachside Delray Beach

320 S Ocean Blvd Unit LM, Delray Beach, FL

Not Listed for Sale

Condos

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