$235,000
SOLD MAY 3, 2012

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

2 Beds
2 Baths
1,436 Sq Ft
$718/mo HOA Fee

Recently Sold

$164 Per Sq Ft

29% Below List Price

285 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Community Pool
  • Ocean Front
  • Intracoastal View
  • 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 1,600 under-air & large terrace, this little gem offers a picture perfect lifestyle. SEE ADDENDA The Meridian is located on the ocean & is exceptionally well-maintained. Amenities include a 24 hour gatehouse, tennis, gym, pool & beach as well as garage parking.

Last Agent to Sell the Property

Scott Gordon

Douglas Elliman License #383426 Listed on: 06/22/2011

Douglas Elliman

Last Buyer's Agent

Scott Gordon

Douglas Elliman License #383426 Listed on: 06/22/2011

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,869

Year Built

  • Built in 1982

Lot Details

HOA Fees

  • $718 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,436 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 50434426040024060

Community Details

Overview

  • Association fees include management, common areas, cable TV, maintenance structure, pest control, pool(s), sewer, trash, water
  • High-Rise Condominium
  • Meridian Palm Beach Condo Subdivision
  • 5-Story Property

Amenities

  • Doorman
  • Community Storage Space

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,869

Year Built

Built in 1982

Lot Details

0

HOA Fees

$718 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A on ocean side, north of Ritz Carlton, south of LW Pier.
  • Year Built: 1982
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Special Features: None

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1436.0
  • Stories: 5

Exterior Features

  • Exterior Features: TV Antenna
  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block

Garage/Parking

  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 718.0
  • Community Features: Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Storage, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Maintenance Structure, Pest Control, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 50434426040024060
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3869.0

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
285
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
11.56%
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $235,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,275 New Conventional
Closed $129,500 New Conventional
Closed $176,250 New Conventional
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: 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 $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

See All Agents

Map

Source: BeachesMLS

MLS Number: R3206293

BeachesMLS

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