NOT LISTED FOR SALE

Meridian 3300 S Ocean Blvd Unit 205 S Palm Beach, FL 33480

Estimated Value: $1,562,000 - $2,829,415

3 Beds
3 Baths
2,470 Sq Ft
$819/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $2,350,000 $951 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $15,548/month

Highlights

  • Doorman
  • Fitness Center
  • Outdoor Pool
  • Ocean Front
  • Tennis Courts
  • Clubhouse

About This Home

As of April 2022

Magnificent direct oceanfront from this 3 bedroom, 3 bath unit at the Meridian.

Last Agent to Sell the Property

Helene Sidel

Brown Harris Stevens of Palm Beach 5225 License #SL-618629 Listed on: 02/08/2022

Brown Harris Stevens of Palm Beach 5225

Last Buyer's Agent

HELENE SIDEL

MARTHA A. GOTTFRIED, INC. 0200

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $8,787

Year Built

  • Built in 1981

Lot Details

  • Home has East and West Exposure

HOA Fees

  • $2,273 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 2,470 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Storage
  • Utility Room
  • Home Gym
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Property has ocean access
  • Tennis Courts
  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434426040022050

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 80 Units
  • Meridian Community
  • On-Site Maintenance

Amenities

  • Doorman
  • Common Area
  • Clubhouse
  • Lobby
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$8,787

Year Built

Built in 1981

Lot Details

0

HOA Fees

$2,273 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Meridian
  • Year Built: 1981
  • Location Tax Legal:Name of Building: Meridian
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 8787.0
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Living Area: 2470.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 6817.9
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 80
  • General Property Description:_pound_ Floors: 2.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Pool:Heated Elec: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Services Included:Club Facilities: Yes
  • Waterfront-Unit:Ocean to Lake4: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Instant Hot Water, Oven-Double, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Cable, Intercom, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 2470.0
  • Stories: 2
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Instant Hot Water: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Pool Features: Pool, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Impact Windows, Ocean Access- Deeded, Tennis Court - Clay, Tennis Court Lighted, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court Lighted: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Tennis Court-Clay: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_one_ Car2: Yes
  • Parking:Covered Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security Guards, Door Person
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Club Facilities, Exercise Facility
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434426040022050
  • Zoning: R-C - Medium Density

Multi Family

  • Number Of Units Total: 80
  • Maintenance Expense: 6817.9

Tax Info

  • Tax Annual Amount: 8787.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 21, 2022
Sold by
Vladimir And Alla Rapoport Revocable Tru
Bought by
Sunoo Edward Joon
Seller's Agent
Helene Sidel
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
HELENE SIDEL
MARTHA A. GOTTFRIED, INC. 0200
List Price
$2,350,000
Sold Price
$2,350,000
Total Days on Market
0
Current Estimated Value
$2,022,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$327,195
Avg. Annual Appreciation
-4.69%
Original Mortgage
$1,645,000
Outstanding Balance
$1,545,872
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$476,933

Purchase Details

Closed on
Jan 2, 2020
Sold by
Rapoport Vladimir and Rapoport Alla
Bought by
Rapoport Vladimir and Rapoport Alla

Purchase Details

Listed on
Oct 20, 2016
Closed on
Jun 30, 2017
Sold by
Lerman David and Lerman Neubauer Jeanette
Bought by
Rapoport Vladmir
Seller's Agent
Scott Pressman
The Keyes Company
Buyer's Agent
Torm Martinson
Campbell&Rosemurgy Real Estate
List Price
$990,000
Sold Price
$550,000
Premium/Discount to List
-$440,000
-44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.80%

Purchase Details

Listed on
Oct 20, 2016
Closed on
Jun 29, 2017
Sold by
Lerman David and Lerman Neubauer Jeanette
Bought by
Rapopart Vladimir
Seller's Agent
Scott Pressman
The Keyes Company
Buyer's Agent
Torm Martinson
Campbell&Rosemurgy Real Estate
List Price
$990,000
Sold Price
$550,000
Premium/Discount to List
-$440,000
-44.44%
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 Buyer Sale Price Title Company
Sunoo Edward Joon $2,350,000 New Title Company Name
Rapoport Vladimir -- Attorney
Rapoport Vladmir -- None Available
Rapoport Vladimir $550,000 Attorney
Rapopart Vladimir -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunoo Edward Joon $1,645,000
Previous Owner Shapiro Leon $75,000
Closed Rapoport Vladimir $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $2,350,000 0.0% $951 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $2,350,000 +327.3% $951 / Sq Ft
06/30/2017 06/30/17 Sold $550,000 -44.4% $265 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
10/20/2016 10/20/16 For Sale $990,000 -- $478 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $23,560 $1,550,000 -- --
2023 $23,740 $1,550,000 $0 $1,550,000
2022 $8,634 $566,500 $0 $0
2021 $8,787 $550,000 $0 $550,000
2020 $8,919 $550,000 $0 $550,000
2019 $9,100 $550,000 $0 $550,000
2018 $9,466 $550,000 $0 $550,000
2017 $9,802 $550,000 $0 $0
2016 $5,361 $345,773 $0 $0
2015 $5,541 $343,369 $0 $0
2014 $5,564 $340,644 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-189

APN: 50-43-44-26-04-002-2050