NOT LISTED FOR SALE

Meridian 3300 S Ocean Blvd Unit 206S Palm Beach, FL 33480

Estimated Value: $884,000 - $997,000

2 Beds
2 Baths
1,436 Sq Ft
$654/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $325,000 $226 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $6,593/month

111 Days on Market

Highlights

  • Property has ocean access
  • Fitness Center
  • Outdoor Pool
  • Property fronts an intracoastal waterway
  • Tennis Courts
  • Lanai

About This Home

As of August 2016

The Meridian has many wonderful features. Views of the Intracoastal Waterway from the owners suite, living room, and guest bedroom provides you with amazing sunsets year round. Tennis courts, garage parking, gated property, beautiful pool, exercise room, split floor plan, balcony access from bedrooms & living room.
PRICED TO SELL.

Last Agent to Sell the Property

Denise Segraves

Sotheby's International Realty, Inc. License #438442 Listed on: 04/26/2016

Sotheby's International Realty, Inc.

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,036

Year Built

  • Built in 1981

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $795 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,436 Sq Ft Home
  • Dining Area
  • Utility Room
  • Home Gym
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Property has ocean access
  • Tennis Courts
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434426040022060

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
  • 5-Story Property

Amenities

  • Common Area
  • Lobby
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$3,036

Year Built

Built in 1981

Lot Details

0

HOA Fees

$795 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: South of the Lake Worth Bridge on A1A to 3300 S Ocean Blvd, The Meridian.
  • Building Name: Meridian
  • Year Built: 1981
  • Location Tax Legal:Name of Building: Meridian
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 3036.48
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 1436.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 795.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 80
  • General Property Description:_pound_ Floors: 5.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: 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
  • 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
  • Floors:WW Carpeting: Yes
  • Security:Gate House: Yes
  • Exposure of Unit:West2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Pool:Heated Elec: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Wndw Trmnts Included
  • Living Area: 1436.0
  • Stories: 5
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Fresh Water, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Patio/Lanai, Storm Shutters, Ocean Access- Deeded, Tennis Court - Hard, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court - Hard: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Gate House
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, 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 #: 50434426040022060
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 80
  • Maintenance Expense: 795.0

Tax Info

  • Tax Annual Amount: 3036.48
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
Aug 25, 2016
Sold by
Gibson Marshal D
Bought by
Rapps Stephen
Seller's Agent
Denise Segraves
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$939,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,472
Avg. Annual Appreciation
12.34%

Purchase Details

Listed on
Apr 26, 2016
Closed on
Aug 22, 2016
Sold by
Gibson Marshal D
Bought by
Rapps Stephen
Seller's Agent
Denise Segraves
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$325,000
Sold Price
$325,000

Purchase Details

Closed on
Mar 11, 2016
Sold by
Migani David C
Bought by
Gibson Marshal D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,007
Interest Rate
2.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 1, 2016
Bought by
Rapps Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,007
Interest Rate
2.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 23, 2015
Sold by
Gibson Marshal D
Bought by
Judith Gibson Florida Grantor Trust

Purchase Details

Closed on
Aug 4, 2014
Sold by
Gibson Marshal D
Bought by
Migani David C

Purchase Details

Closed on
Feb 6, 2014
Sold by
Gibson Marshall D
Bought by
Migani David C

Purchase Details

Closed on
Jan 4, 2013
Sold by
Gibson Gibson Marshal D Marshal D and Gibson Douglas Gail
Bought by
Migani David C

Purchase Details

Closed on
Jun 16, 2010
Sold by
Gibson Gibson Marshal D Marshal D and Gibson Douglas Gail
Bought by
Migani David C
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
Rapps Stephen -- None Available
Rapps Stephen -- None Available
Gibson Marshal D -- None Available
Rapps Stephen -- --
Judith Gibson Florida Grantor Trust $20,000 Attorney
Migani David C $20,000 None Available
Migani David C $20,000 Attorney
Migani David C $20,000 Attorney
Migani David C $100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Marshal D $206,007
Previous Owner Rapps Stephen $206,007
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2016 08/22/16 Sold $325,000 0.0% $226 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $325,000 -- $226 / 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 $9,978 $479,160 -- --
2023 $8,717 $435,600 $0 $0
2022 $6,916 $396,000 $0 $0
2021 $6,344 $360,000 $0 $360,000
2020 $6,187 $345,000 $0 $345,000
2019 $6,057 $330,000 $0 $330,000
2018 $5,473 $305,000 $0 $305,000
2017 $5,721 $305,000 $0 $0
2016 $2,940 $205,525 $0 $0
2015 $3,036 $204,096 $0 $0
2014 $3,048 $202,476 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-1006

APN: 50-43-44-26-04-002-2060