NOT LISTED FOR SALE

Meridian 3300 S Ocean Blvd Unit 407N Palm Beach, FL 33480

Estimated Value: $1,025,241 - $1,176,000

2 Beds
2 Baths
1,585 Sq Ft
$709/Sq Ft Est. Value

Last Sold April 11, 2025

Last sale price $1,150,000 $726 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,061/month

18 Days on Market

Highlights

  • Ocean Front
  • Tennis Courts
  • Home Gym
  • Fitness Center
  • Heated Pool and Spa
  • Balcony

About This Home

As of April 2025

Enjoy Stunning Unobstructed Intracoastal & Sunset Views from this completely renovated 2 bedroom / 2 bath apartment. Decorated by a well know designer from Toronto, this beautiful home offers wood-like porcelain tile flooring throughout, grass-cloth wall coverings, soffit lighting, plantation shutters in the bedrooms, an open kitchen with breakfast bar and tasteful furnishings. This property is being offered as a turnkey with just a few personal exclusions. The Seller has paid over $90K in special assessments for concrete restoration and other essential repairs. The Meridian is a gated oceanfront community with 1 car garage parking, 2 storage lockers, tennis, fitness room, resort style pool & hot tub and a beautiful beach area.

Last Agent to Sell the Property

Scott Gordon

Douglas Elliman License #BK-383426 Listed on: 02/10/2025

Douglas Elliman

Co-Listed By

Mindy Gordon

Douglas Elliman License #SL-3257148

Last Buyer's Agent

Donald Gorbach

Gorbach Realty License #BK-3055287

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $10,332

Year Built

  • Built in 1981

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $2,127 Monthly HOA Fees

Interior Spaces

  • 1,585 Sq Ft Home
  • Living Room
  • Dining Room
  • Storage
  • Utility Room
  • Home Gym
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

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

Parking

  • Garage
  • Parking Available
  • Open Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Heated Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Tennis Courts
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434426040014070

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

$10,332

Year Built

Built in 1981

Lot Details

0

HOA Fees

$2,127 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Approximately 1 mile south of Lake Worth Beach to 3300 South Ocean Blvd.
  • Building Name: Meridian
  • Year Built: 1981
  • Location Tax Legal:Name of Building: Meridian
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 10332.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 1585.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 6379.51
  • General Property Description:Per: Quarter
  • 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
  • Waterfront-Unit:Master Bedroom View: 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
  • 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
  • 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
  • Waterfront-Building:Ocean to Lake2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1585.0
  • Stories: 5
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Spa, Fresh Water, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Impact Windows, 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:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Pool/Spa: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:Open Parking: Yes
  • Parking 1 Car2: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility, Other Services
  • 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 #: 50434426040014070
  • Zoning: R-D(1) - Moderate Density Residential

Multi Family

  • Number Of Units Total: 80
  • Maintenance Expense: 6379.51

Tax Info

  • Tax Annual Amount: 10332.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2025
Closed on
Apr 11, 2025
Sold by
Eiley Joan and Joan Eiley Trust
Bought by
Cimino Robert and Cimino Angela
Seller's Agent
Scott Gordon
Douglas Elliman
Buyer's Agent
Donald Gorbach
Gorbach Realty
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%
Views
4
Current Estimated Value
$1,123,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,690
Avg. Annual Appreciation
-5.84%
Original Mortgage
$862,500
Outstanding Balance
$860,046
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$263,264

Purchase Details

Closed on
Dec 8, 2015
Sold by
Eiley Joan
Bought by
The Joan Eiley Trust

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jun 23, 2015
Sold by
Yatvin Michael Barry and Horowitz Pamela
Bought by
Eiley Joan
Seller's Agent
Scott Gordon
Douglas Elliman
Buyer's Agent
Scott Gordon
Douglas Elliman
List Price
$399,000
Sold Price
$325,000
Premium/Discount to List
-$74,000
-18.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jun 19, 2015
Sold by
National Non-Profit For Americans With D and Yatvin Robert A
Bought by
Eiley Joan
Seller's Agent
Scott Gordon
Douglas Elliman
Buyer's Agent
Scott Gordon
Douglas Elliman
List Price
$399,000
Sold Price
$325,000
Premium/Discount to List
-$74,000
-18.55%
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
Cimino Robert $1,150,000 None Listed On Document
The Joan Eiley Trust -- Attorney
Eiley Joan -- Attorney
Eiley Joan $325,000 Attorney
Eiley Joan -- Attorney
Eiley Joan -- Attorney
Eiley Joan -- Attorney
Eiley Joan -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cimino Robert $862,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $1,150,000 -3.8% $726 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $1,195,000 +267.7% $754 / Sq Ft
06/30/2015 06/30/15 Sold $325,000 -18.5% $226 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $399,000 -- $278 / 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 $10,332 $505,780 -- --
2023 $9,053 $459,800 $0 $0
2022 $7,259 $418,000 $0 $0
2021 $6,668 $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 $5,257 $300,000 $0 $0
2015 $5,471 $300,000 $0 $0
2014 $2,539 $173,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 25-248

APN: 50-43-44-26-04-001-4070