$475,000
SOLD MAY 20, 2025
2 Beds
2 Baths
1,637 Sq Ft
$1,969/mo HOA Fee

Recently Sold

$290 Per Sq Ft

12% Below List Price

210 Days on Market

Highlights

  • Ocean Front
  • Intracoastal View
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of May 2025

Tranquil Intracoastal views from this UNUSUALLY SPACIOUS and well-maintained 2/2 in desirable oceanfront building. Sauna/Pool/Private Beach Access. Town of Palm Beach Par 3 Golf Course nearby. Building has pro-actively addressed and funded its maintenance issues so the future looks bright! Very attractive opportunity and price for a Palm Beach condominium.

Last Agent to Sell the Property

Jeffrey Cloninger

Sotheby's Intl. Realty, Inc. License #619094 Listed on: 09/20/2024

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Brandon McShane

Serhant License #3460511

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,821

Year Built

  • Built in 1977

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway

HOA Fees

  • $1,969 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking
  • Assigned Parking

Interior Spaces

  • 1,637 Sq Ft Home
  • Bar

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Property has ocean access

Schools

  • Lake Worth Middle School
  • Lake Worth High School

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 50434426020015040
  • Seller Considering Concessions

Community Details

Overview

  • 80 Units
  • High-Rise Condominium
  • Thirty Two Hundred Condo Subdivision
  • 5-Story Property

Amenities

  • Clubhouse

Recreation

  • Trails

Security

  • Resident Manager or Management On Site
  • Phone Entry
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,821

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,969 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1977
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry, Split Bedrooms, Tub Shower, Bar, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Hardwood, Wood
  • Living Area: 1637.0
  • Dining Room Type: Laundry
  • Stories: 5

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Assigned, Garage, Open

Utilities

  • Security: Phone Entry
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1969.0
  • Community Features: Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool, Trail(s), Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Schools

  • High School: Lake Worth
  • Middle Or Junior School: Lake Worth

Lot Info

  • Parcel #: 50434426020015040
  • Zoning Description: R-D(1)

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6821.0

Multi Family

  • Number Of Units In Community: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2018
Sold by
Daniel Zietlan
Bought by
Kassam Hakim
Total Days on Market
210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $385,000 Clean Title And Escrow Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 New Conventional
Closed $285,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $475,000 -4.0% $290 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
03/31/2025 03/31/25 Price Changed $495,000 -8.2% $302 / Sq Ft
03/31/2025 03/31/25 For Sale $539,000 0.0% $329 / Sq Ft
03/31/2025 03/31/25 Price Changed $539,000 +13.5% $329 / Sq Ft
03/30/2025 03/30/25 Off Market $475,000 -- --
02/12/2025 02/12/25 Price Changed $595,000 -11.9% $363 / Sq Ft
01/10/2025 01/10/25 Price Changed $675,000 -9.9% $412 / Sq Ft
09/20/2024 09/20/24 For Sale $749,000 0.0% $458 / Sq Ft
11/18/2022 11/18/22 Rented $10,000 0.0% --
09/13/2022 09/13/22 Under Contract -- -- --
09/06/2022 09/06/22 For Rent $10,000 +42.9% --
01/08/2022 01/08/22 Rented $7,000 +75.0% --
12/09/2021 12/09/21 Under Contract -- -- --
02/23/2021 02/23/21 For Rent $4,000 +135.3% --
05/19/2014 05/19/14 For Rent $1,700 +3.0% --
05/19/2014 05/19/14 Rented $1,650 -- --
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 $6,677 $378,004 -- --
2023 $6,419 $343,640 $0 $0
2022 $5,910 $312,400 $0 $0
2021 $5,010 $284,000 $0 $284,000
2020 $4,917 $274,000 $0 $274,000
2019 $5,184 $284,000 $0 $284,000
2018 $4,705 $264,000 $0 $264,000
2017 $4,460 $244,000 $0 $0
2016 $3,864 $219,000 $0 $0
2015 $3,805 $207,000 $0 $0
2014 $3,856 $207,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11022814

BeachesMLS

APN: 50-43-44-26-02-004-5040