$850,000
SOLD JUL 30, 2021

The Dorchester of Palm Beach 3250 S Ocean Blvd Unit 508 N Palm Beach, FL 33480

2 Beds
2 Baths
1,478 Sq Ft
$1,037/mo HOA Fee

Recently Sold

$575 Per Sq Ft

81 Days on Market

Highlights

  • Ocean Front
  • Community Pool
  • Closet Cabinetry
  • Palm Beach Public School Rated A-
  • Built-In Features
  • Tile Flooring

About This Home

As of July 2021

This home is located at 3250 S Ocean Blvd Unit 508 N, Palm Beach, FL 33480 and is currently priced at $850,000, approximately $575 per square foot. This property was built in 1979. 3250 S Ocean Blvd Unit 508 N is a home located in Palm Beach County with nearby schools including Lake Worth High School, Palm Beach Public School, and Lake Worth Community Middle School.

Last Agent to Sell the Property

JUDITH LYONS

Hilton Hilton Palm Beach LLC License #3213062 Listed on: 04/10/2021

Last Buyer's Agent

Jason Haverkamp

William Raveis Real Estate License #3413049

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,283

Year Built

  • Built in 1979

Lot Details

HOA Fees

  • $1,037 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,478 Sq Ft Home
  • Built-In Features
  • Washer and Dryer

Kitchen

  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434426030015080

Community Details

Overview

  • Dorchester Of Palm Beach Subdivision
  • 5-Story Property

Recreation

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,283

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,037 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: The Dorchester is about 2 miles south of the Lake Worth pier on the ocean side of the road. 508 N is in the North building, which is on the left.
  • Year Built: 1979
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Dual Sinks
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Ice Maker, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1478.0
  • Dining Room Type: Storage Room
  • Stories: 5

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 1037.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434426030015080
  • Zoning Description: RD-1

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7283.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
Jul 30, 2021
Sold by
Brachfeld Dale S
Bought by
Hanson Jane E
Seller's Agent
JUDITH LYONS
Hilton Hilton Palm Beach LLC
Buyer's Agent
Jason Haverkamp
William Raveis Real Estate
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,073,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,320
Avg. Annual Appreciation
7.09%
Original Mortgage
$637,500
Outstanding Balance
$135,253
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$989,752

Purchase Details

Listed on
Sep 21, 2016
Closed on
Jul 20, 2017
Sold by
Fox Richard and Fox Marica A
Bought by
Brachfeld Jerrold E
Seller's Agent
GUY BUZZELLI
SCOTT GORDON REALTY ASSOCIATES
Buyer's Agent
Pascal Liguori
Premier Estate Properties, Inc.
List Price
$530,000
Sold Price
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%
Original Mortgage
$397,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2015
Closed on
Feb 1, 2016
Sold by
Klyde Lynne and Klyde Barry J
Bought by
Fox Richard
Seller's Agent
Wendy Rutledge
Veno Realty Group LLC
Buyer's Agent
Guy Buzzelli
Coldwell Banker Realty /Delray Beach
List Price
$595,000
Sold Price
$540,000
Premium/Discount to List
-$55,000
-9.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.26%
Original Mortgage
$290,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2004
Sold by
Demate Helena and Londono Manuel Mate
Bought by
Klyde Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 1996
Sold by
Londono Manuel Mate and Mate Manuel
Bought by
Londono Manuel M
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 $850,000 Latitude Title Llc
Warranty Deed $530,000 Attorney
Warranty Deed $540,000 Lighthouse Title Svcs Llc
Warranty Deed $399,900 Universal Land Title Inc
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $637,500 Commercial
Previous Owner $397,500 New Conventional
Previous Owner $290,000 New Conventional
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $850,000 0.0% $575 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $850,000 +60.4% $575 / Sq Ft
07/21/2017 07/21/17 Sold $530,000 0.0% $359 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
09/21/2016 09/21/16 For Sale $530,000 -1.9% $359 / Sq Ft
02/01/2016 02/01/16 Sold $540,000 -9.2% $365 / Sq Ft
01/02/2016 01/02/16 Pending -- -- --
11/16/2015 11/16/15 For Sale $595,000 0.0% $403 / Sq Ft
01/01/2013 01/01/13 Rented $4,000 0.0% --
12/02/2012 12/02/12 Under Contract -- -- --
07/18/2012 07/18/12 For Rent $4,000 -33.3% --
02/01/2012 02/01/12 Rented $6,000 +50.0% --
01/02/2012 01/02/12 Under Contract -- -- --
07/26/2011 07/26/11 For Rent $4,000 -- --
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 $10,320 $704,000 -- --
2023 $11,523 $780,000 $0 $780,000
2022 $10,931 $679,650 $0 $0
2021 $7,177 $416,000 $0 $416,000
2020 $7,284 $416,000 $0 $416,000
2019 $7,432 $416,000 $0 $416,000
2018 $6,718 $386,000 $0 $386,000
2017 $6,017 $336,000 $0 $0
2016 $5,102 $291,000 $0 $0
2015 $5,310 $291,000 $0 $0
2014 $5,018 $271,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    JUDITH LYONS

    Hilton Hilton Palm Beach LLC

    (561) 358-0091

    21 Total Sales

    JUDITH LYONS
    Section Image

  • J

    Buyer's Agent in 2021

    Jason Haverkamp

    William Raveis Real Estate

    (561) 655-6570

    46 Total Sales

    Jason Haverkamp
    Section Image

  • G

    Seller's Agent in 2017

    GUY BUZZELLI

    SCOTT GORDON REALTY ASSOCIATES

  • P

    Buyer's Agent in 2017

    Pascal Liguori

    Premier Estate Properties, Inc.

    (561) 414-4849

    157 Total Sales

    Pascal Liguori
    Section Image

  • W

    Seller's Agent in 2016

    Wendy Rutledge

    Veno Realty Group LLC

  • N

    Seller's Agent in 2013

    Nino Fernandez

    Coldwell Banker Realty /Delray Beach

    (561) 252-6079

    9 Total Sales

    Nino Fernandez
    Section Image
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About The Dorchester of Palm Beach

Map

Source: BeachesMLS

MLS Number: R10825441

BeachesMLS

APN: 50-43-44-26-03-001-5080

Florida Palm Beach County Palm Beach 33480

3250 S Ocean Blvd Unit 508 N, Palm Beach, FL

This home is located at 3250 S Ocean Blvd Unit 508 N, Palm Beach, FL 33480 and is currently priced at $850,000, approximately $575 per square foot. This property was built in 1979. 3250 S Ocean Blvd Unit 508 N is a home located in Palm Beach County with nearby schools including Lake Worth High School, Palm Beach Public 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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