NOT LISTED FOR SALE

Meridian 3300 S Ocean Blvd Unit 406 S Palm Beach, FL 33480

Estimated Value: $900,000 - $1,099,000

2 Beds
2 Baths
1,436 Sq Ft
$687/Sq Ft Est. Value

Last Sold May 03, 2012

Last sale price $235,000 $164 Per Sq Ft

Est. 320% increase in value since last sale

Current estimated payment $6,462/month

Highlights

  • Doorman
  • Property has ocean access
  • Fitness Center
  • Direct Ocean View
  • Home fronts a seawall
  • Tennis Courts

About This Home

As of May 2012

Enjoy magnificent sunset views: Here's an opportunity to own this delightful 2BR/2BA unit w/ direct ICW views. With approximately 1600 under air & large terrace, this little gem offers a picture perfect lifestyle. The Meridian is located on the ocean & is exceptionally well-maintained. Amenities include 24 hr gatehouse, tennis, gym, pool & beach as well as garage parking.

Last Agent to Sell the Property

SCOTT GORDON

SCOTT GORDON REALTY ASSOCIATES Listed on: 04/12/2012

Last Buyer's Agent

Scott Gordon

SCOTT GORDON REALTY ASSOCIATES, INC. License #2019906

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,869

Year Built

  • Built in 1981

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $718 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • 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
  • Bulkhead
  • Tennis Courts
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434426040024060

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

  • Doorman
  • 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

$3,869

Year Built

Built in 1981

Lot Details

0

HOA Fees

$718 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: A1A on ocean side, north of Ritz Carlton.
  • 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: 3869.0
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 1436.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 8612.03
  • General Property Description:Per: Year
  • General Property Description:_pound_ Units in Complex: 80
  • General Property Description:_pound_ Floors: 5.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: 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
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: No
  • 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:Intracoastal-Direct3: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Pool Features: Pool, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Seawall/Bulkhead, 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:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking:Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Gate House, Door Person
  • 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 #: 50434426040024060
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 80
  • Maintenance Expense: 8612.03

Tax Info

  • Tax Annual Amount: 3869.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2018
Sold by
Salvadore Richard T
Bought by
Salvadore Richard T and Richard T Salvadore Revocable Trust
Total Days on Market
0
Current Estimated Value
$986,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2012
Closed on
May 3, 2012
Sold by
Roth Howard
Bought by
Salvadore Richard T
Seller's Agent
SCOTT GORDON
SCOTT GORDON REALTY ASSOCIATES
Buyer's Agent
Scott Gordon
SCOTT GORDON REALTY ASSOCIATES, INC.
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$176,250
Interest Rate
2.62%
Mortgage Type
New Conventional
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
Salvadore Richard T -- None Available
Salvadore Richard T $235,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salvadore Richard T $112,275
Closed Salvadore Richard T $129,500
Closed Salvadore Richard T $176,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2012 05/03/12 Sold $235,000 0.0% $164 / Sq Ft
05/03/2012 05/03/12 Sold $235,000 0.0% $164 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $235,000 -28.8% $164 / Sq Ft
04/03/2012 04/03/12 Pending -- -- --
06/22/2011 06/22/11 For Sale $330,000 -- $230 / 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 $6,100 $415,236 -- --
2023 $5,933 $403,142 $0 $0
2022 $5,920 $391,400 $0 $0
2021 $6,029 $380,000 $0 $380,000
2020 $6,517 $365,000 $0 $365,000
2019 $6,394 $350,000 $0 $350,000
2018 $5,799 $325,000 $0 $325,000
2017 $6,054 $325,000 $0 $0
2016 $5,252 $299,475 $0 $0
2015 $5,183 $272,250 $0 $0
2014 $4,724 $247,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-633

APN: 50-43-44-26-04-002-4060