NOT LISTED FOR SALE

The Dorchester of Palm Beach 3250 S Ocean Blvd Unit 509s Palm Beach, FL 33480

Estimated Value: $954,000 - $1,353,000

2 Beds
2 Baths
1,748 Sq Ft
$1,154/mo HOA Fee

Last Sold May 14, 2021

Last sale price $800,000 $458 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,031/month

41 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Community Pool

About This Home

As of May 2021

''World Class Oceanfront Waterview''. A once in a lifetime chance to acquire a 2 bedroom with water-view from every window, marble floors, state of the art features! Fabulous building!

Last Agent to Sell the Property

Toni Hollis

The Corcoran Group License #40603 Listed on: 03/01/2021

The Corcoran Group

Last Buyer's Agent

DARAGH McCAFFREY

Frater Realty LLC License #3284063

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,696

Year Built

  • Built in 1979

HOA Fees

  • $1,154 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,748 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Marble Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Balcony
  • Open Patio

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434426030025090

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, sewer, trash, water
  • High-Rise Condominium
  • Dorchester Of Palm Beach Subdivision
  • 5-Story Property

Recreation

Pet Policy

  • Pets Allowed

Additional Features

  • Doorman
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,696

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,154 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 and exit Lantana Road an go east to beaches, South on S. Ocean Blvd., approximately 1 1/2 miles. Condo on east side.
  • Year Built: 1979
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 1748.0
  • Dining Room Type: Laundry
  • Stories: 5

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1154.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434426030025090
  • Lot Size: East of US-1
  • Zoning Description: R-D(1)

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7696.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
May 14, 2021
Sold by
Churchill Debra
Bought by
Lipson Anne and Lipson Roy
Seller's Agent
Toni Hollis
The Corcoran Group
Buyer's Agent
DARAGH McCAFFREY
Frater Realty LLC
List Price
$869,000
Sold Price
$800,000
Premium/Discount to List
-$69,000
-7.94%
Current Estimated Value
$1,141,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,442
Avg. Annual Appreciation
8.35%
Original Mortgage
$548,000
Outstanding Balance
$495,064
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$646,378

Purchase Details

Closed on
Jun 24, 1993
Sold by
Schlesinger Gilbert A and Schlesinger Louise R
Bought by
Churchill Debra
Source: Public Records

Range of Values:

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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
Lipson Anne $800,000 Attorney
Churchill Debra $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipson Anne $548,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $800,000 -7.9% $458 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $869,000 -- $497 / 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 $10,119 $690,540 -- --
2023 $9,878 $670,427 $0 $0
2022 $9,873 $650,900 $0 $0
2021 $7,583 $441,000 $0 $441,000
2020 $7,696 $441,000 $0 $441,000
2019 $7,853 $441,000 $0 $441,000
2018 $7,289 $421,000 $0 $421,000
2017 $7,414 $421,000 $0 $0
2016 $6,650 $381,000 $0 $0
2015 $6,923 $381,000 $0 $0
2014 $6,651 $361,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Toni Hollis

    The Corcoran Group

    (561) 655-6570

    22 Total Sales

    Toni Hollis
    Section Image
  • DARAGH McCAFFREY

    Buyer's Agent in 2021

    DARAGH McCAFFREY

    Frater Realty LLC

    (561) 766-2195

    77 Total Sales

    DARAGH McCAFFREY
    Section Image
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About The Dorchester of Palm Beach

Map

Source: BeachesMLS

MLS Number: R10696835

BeachesMLS

APN: 50-43-44-26-03-002-5090

Florida Palm Beach County Palm Beach 33480

3250 S Ocean Blvd Unit 509s, Palm Beach, FL

This home is located at 3250 S Ocean Blvd Unit 509s, Palm Beach, FL 33480 since 01 March 2021 and is currently estimated at $1,141,442, approximately $652 per square foot. This property was built in 1979. 3250 S Ocean Blvd Unit 509s 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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