NOT LISTED FOR SALE

Meridian 3300 S Ocean Blvd Unit 505-S South Palm Beach, FL 33480

Estimated Value: $2,110,000 - $3,627,000

2 Beds
2 Baths
2,342 Sq Ft
$1,178/Sq Ft Est. Value

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Pool and Spa
  • Palm Beach Public School Rated A-
  • Tennis Courts
  • Home Gym

About This Home

As of January 2013

Fabulous Ocean Front unit with water views from all rooms. Nicely furnished.

Last Agent to Rent the Property

JEFFREY RAY

JEFFREY RAY & ASSOCIATES LLC Listed on: 11/29/2012

Last Renter's Agent

JEFFREY RAY

LEIBOWITZ REALTY GROUP

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $17,485

Year Built

  • Built in 1981

Lot Details

  • East Facing Home
  • Gated Home

Parking

  • 2 Car Garage

Interior Spaces

  • 2,342 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Dining Room
  • Home Gym

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Tennis Courts
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $8,000
  • Rent includes cable TV, water
  • Seasonal Lease Term
  • Assessor Parcel Number 50434426040025050

Community Details

Overview

  • Property has a Home Owners Association
  • 80 Units
  • Meridian Community
  • Palm Beach Subdivision
  • 5-Story Property

Amenities

  • Lobby

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$17,485

Year Built

Built in 1981

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: Palm Beach
  • Directions: A1A south of Lake Worth bridge
  • Architectural Style: Three + Story
  • Building Name: Meridian
  • Year Built: 1981
  • Location Tax Legal:Name of Building: Meridian
  • General Property Description:Living Area: 2342.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:_pound_ Units in Complex: 80
  • General Property Description:_pound_ Floors: 5.0
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Pool:Heated - Gas: Yes
  • Floors:WW Carpeting: Yes
  • Contract Information:Deposit Amount: 8000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: No
  • Style:Three Story: Yes
  • Security:Gate House: Yes
  • Services Included:Garbage: Yes
  • Utilities Included:Basic Cable TV: Yes
  • Utilities Included:Water: Yes
  • Floors:StoneBrick: Yes
  • Lease Type:Seasonal: Yes
  • Waterfront - Unit:Intracoastal-Direct4: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Stone/Brick, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Wet Bar, Smoke Alarms
  • Living Area: 2342.0
  • Stories: 5
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Smoke Alarms2: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated - Gas, Spa
  • Pool Private: Yes
  • Exterior Features: Balcony, Ocean Access-Deeded, Tennis Court-Hard, Storm Shutters, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court - Hard: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes
  • Pool/Spa: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Water
  • Amenities: Garbage

Association/Amenities

  • Restrictions:Condo Association: Yes

Lot Info

  • Parcel #: 50434426040025050

Multi Family

  • Number Of Units Total: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2019
Sold by
Limberakis Anthony J and Limberakis Maria A
Bought by
Rusman Jared M and Rusman Jeanette
Current Estimated Value
$2,759,548

Purchase Details

Closed on
Nov 10, 2012
Sold by
Schader Byron K
Bought by
Limberakis Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2009
Sold by
Schader Byron K and Schader Gay E
Bought by
Schader Byron K and Byron K Schader Trust
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
Rusman Jared M $962,500 Complete Title Solutions
Limberakis Anthony J $900,000 Attorney
Schader Byron K -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Limberakis Anthony J $622,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2013 01/23/13 Rented $8,000 0.0% --
12/24/2012 12/24/12 Under Contract -- -- --
11/29/2012 11/29/12 For Rent $8,000 -- --
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 $17,485 $831,875 -- --
2023 $17,066 $756,250 $0 $0
2022 $11,951 $687,500 $0 $0
2021 $10,237 $625,000 $0 $625,000
2020 $10,805 $625,000 $0 $625,000
2019 $11,027 $625,000 $0 $625,000
2018 $10,688 $625,000 $0 $625,000
2017 $11,051 $625,000 $0 $0
2016 $10,516 $592,295 $0 $0
2015 $10,394 $538,450 $0 $0
2014 $9,480 $489,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-2647

APN: 50-43-44-26-04-002-5050