NOT LISTED FOR SALE

324 N Ocean Breeze Unit 1, 2 And 3 Lake Worth, FL 33460

Parrot Cove Neighborhood

Estimated Value: $696,000 - $745,000

3 Beds
2 Baths
3,600 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $595,000 $165 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,378/month

87 Days on Market

Highlights

  • Fruit Trees
  • Screened Porch
  • Patio
  • Room in yard for a pool
  • Balcony
  • Ceramic Tile Flooring

About This Home

As of April 2018

Take advantage of this wonderfully unique situation an entire condo building.3 condos and a beautiful in-law suite. Live in one rent out the others... Great Air B&B situation. Close to town, Bryant park and the beach. Two two bedroom two bath condos upstairs. Ground floor 2/1 unit has a mother-in-law suite attached. For the down stairs owners unit has a two car garage with a bath. This could be the ideal place to spend your winters and have that income coming in every month... This CBS building has newer roof, central air in all units, hurricane shutters, separate water and electric meters, separate PC#'s. Located three blocks from the park and intracoastal waterway. building is extremely well-maintained.Rents should and could be much higher!

Last Agent to Sell the Property

Robert D'Arinzo

LPT Realty, LLC License #566198 Listed on: 12/05/2017

LPT Realty, LLC

Last Buyer's Agent

Non-Member Mls Agent

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,201

Year Built

  • Built in 1985

Lot Details

  • Fenced
  • Sprinkler System
  • Fruit Trees

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Screened Porch

Flooring

  • Carpet
  • Ceramic Tile

Outdoor Features

  • Room in yard for a pool
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38434421150000010

Community Details

Overview

  • 4 Units
  • Majestic Condo Subdivision

Building Details

  • Operating Expense $8,000
  • Net Operating Income $13,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,201

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Directions: Federal Hwy to 3rd Ave. S to Ocean Breeze
  • Year Built: 1985
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3600.0

Exterior Features

  • Exterior Features: Balcony, Fence, Fruit Trees, Patio, Room For Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Patio, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • 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

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421150000010
  • Zoning Description: MF-20(

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 13600.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5201.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2019
Sold by
Rouse Todd J and Rouse Kristine C
Bought by
Lowe Gregory Ross
Current Estimated Value
$709,384

Purchase Details

Closed on
Nov 29, 1999
Sold by
Duggan Michael L
Bought by
Rouse Todd J

Purchase Details

Closed on
Aug 26, 1993
Sold by
Duggan Caroline B
Bought by
Duggan Carolin B
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
Lowe Gregory Ross $370,000 First American Title Ins Co
Rouse Todd J $85,500 --
Duggan Carolin B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rouse Todd J $161,000
Previous Owner Rouse Todd J $144,000
Previous Owner Rouse Todd J $149,000
Previous Owner Rouse Todd J $125,000
Previous Owner Rouse Todd J $90,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2018 04/02/18 Sold $595,000 -0.8% $165 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $599,900 -- $167 / 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
2024 $5,923 $284,141 -- --
2023 $5,717 $275,865 $0 $0
2022 $5,027 $242,123 $0 $0
2021 $5,002 $235,071 $0 $0
2020 $4,956 $231,825 $0 $0
2019 $6,048 $233,929 $110,000 $123,929
2018 $5,761 $226,915 $101,520 $125,395
2017 $2,281 $119,873 $0 $0
2016 $2,211 $117,407 $0 $0
2015 $2,243 $116,591 $0 $0
2014 $2,242 $115,666 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert D'Arinzo

    Seller's Agent in 2018

    Robert D'Arinzo

    LPT Realty, LLC

    (561) 662-8370

    12 in this area

    90 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    Non-Member Mls Agent

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Map

Source: BeachesMLS

MLS Number: R10387061

BeachesMLS

APN: 38-43-44-21-15-098-0060

Florida Palm Beach County Lake Worth 33460 Parrot Cove

324 N Ocean Breeze Unit 1, 2 And 3, Lake Worth, FL

This home is located at 324 N Ocean Breeze Unit 1, 2 And 3, Lake Worth, FL 33460 since 05 December 2017 and is currently estimated at $724,915, approximately $201 per square foot. This property was built in 1985. 324 N Ocean Breeze Unit 1, 2 And 3 is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade Elementary School, and Lake Worth Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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