C
Landlord's Agent in 2024
Christine Gibbons
Sotheby's Intl. Realty, Inc.
(561) 758-5402
53 Total Sales
340 S Ocean Blvd Unit 2B Palm Beach, FL 33480
Estimated Value: $3,649,000 - $4,803,000
2
Beds
2
Baths
2,076
Sq Ft
1967
Built
Highlights
- Doorman
- Ocean Front
- Tile Flooring
- Palm Beach Public School Rated A-
- Furnished
- Central Heating and Cooling System
About This Home
As of May 2024Ocean front apartment, completely renovated with direct ocean views- all new and beautiful! Very spacious living room and dining area with two oversized bedrooms both with large walk-in closets. The gourmet kitchen has all top-of-the-line appliances and a built-in banquette/breakfast nook. There is a washer dryer in the unit and garage parking. The apartment is light, bright and very fresh looking. Lowell House is a highly desirable in-town boutique building with a completely new lobby and common area. Coffee and morning papers available daily in the living room and a new gym faces the pool and ocean. There are 24 hour doormen. The building has beach access across the street and is three blocks from famous Worth Avenue's shops and restaurants.
Last Agent to Rent the Property
Sotheby's Intl. Realty, Inc. License #682260 Listed on: 04/16/2024
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $46,523
Year Built
- Built in 1967
Parking
- 1 Car Garage
Home Design
- Entry on the 2nd floor
Interior Spaces
- 2,076 Sq Ft Home
- Furnished
- Ocean Views
Kitchen
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Dual Sinks
Additional Features
- Ocean Front
- Central Heating and Cooling System
Community Details
- Lowell House Condo Lts 53 Subdivision
- Doorman
Listing and Financial Details
- Property Available on 1/1/25
- Assessor Parcel Number 50434323070000030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2018
Closed on
May 7, 2018
Sold by
Reese Sona V
Bought by
340 South Ocean Boulevard Llc
Seller's Agent
Christine Gibbons
Sotheby's International Realty, Inc.
Buyer's Agent
Dragana Connaughton
Sotheby's International Realty, Inc.
Sold Price
$66,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,221,426
Avg. Annual Appreciation
11.33%
Purchase Details
Closed on
Jul 30, 2009
Sold by
Bragg Timothy
Bought by
Reese Sona
Purchase Details
Closed on
Mar 22, 2009
Sold by
Gerrity Edward J
Bought by
Bragg Timothy
Purchase Details
Closed on
Oct 23, 1995
Sold by
Pr Edward J Gerrity Jr and Pr Katharine C Gerrity Iii
Bought by
Gerrity Edward J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 340 South Ocean Boulevard Llc | $1,925,000 | Attorney | |
| Reese Sona | $1,040,000 | Attorney | |
| Bragg Timothy | -- | None Available | |
| Gerrity Edward J | $100 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/28/2024 05/28/24 | Rented | $42,000 | -50.0% | -- | |
| 05/28/2024 05/28/24 | Rented | $84,000 | +100.0% | -- | |
| 04/16/2024 04/16/24 | For Rent | $42,000 | 0.0% | -- | |
| 04/16/2024 04/16/24 | For Rent | $42,000 | -56.9% | -- | |
| 12/05/2023 12/05/23 | Rented | $97,500 | +178.6% | -- | |
| 12/03/2023 12/03/23 | Under Contract | -- | -- | -- | |
| 11/06/2023 11/06/23 | Price Changed | $35,000 | -2.8% | $17 / Sq Ft | |
| 09/22/2023 09/22/23 | Price Changed | $36,000 | -2.7% | $17 / Sq Ft | |
| 08/22/2023 08/22/23 | Price Changed | $37,000 | -2.6% | $18 / Sq Ft | |
| 06/26/2023 06/26/23 | Price Changed | $38,000 | -5.0% | $18 / Sq Ft | |
| 03/21/2023 03/21/23 | For Rent | $40,000 | +48.1% | -- | |
| 10/08/2020 10/08/20 | Rented | $27,000 | 0.0% | -- | |
| 09/08/2020 09/08/20 | Under Contract | -- | -- | -- | |
| 05/21/2020 05/21/20 | For Rent | $27,000 | -59.1% | -- | |
| 06/18/2018 06/18/18 | Rented | $66,000 | 0.0% | -- | |
| 05/19/2018 05/19/18 | Under Contract | -- | -- | -- | |
| 05/10/2018 05/10/18 | For Rent | $66,000 | 0.0% | -- | |
| 05/01/2018 05/01/18 | Sold | $1,925,000 | 0.0% | $927 / Sq Ft | View Prior Sale |
| 04/01/2018 04/01/18 | Pending | -- | -- | -- | |
| 02/14/2018 02/14/18 | For Sale | $1,925,000 | -- | $927 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $46,523 | $2,928,200 | -- | -- |
| 2023 | $44,699 | $2,662,000 | $0 | $3,350,000 |
| 2022 | $38,864 | $2,420,000 | $0 | $0 |
| 2021 | $36,002 | $2,200,000 | $0 | $2,200,000 |
| 2020 | $36,590 | $2,200,000 | $0 | $2,200,000 |
| 2019 | $37,363 | $2,200,000 | $0 | $2,200,000 |
| 2018 | $36,161 | $2,200,000 | $0 | $2,200,000 |
| 2017 | $12,782 | $789,512 | $0 | $0 |
| 2016 | $12,706 | $773,273 | $0 | $0 |
| 2015 | $13,137 | $767,898 | $0 | $0 |
| 2014 | $13,197 | $761,804 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Gibbons
-
Lucy Bauer
L
Tenant's Agent in 2024
Lucy Bauer
Brown Harris Stevens of PB
(561) 282-6886
30 Total Sales
-
MARYANN CHOPP
M
Buyer's Agent in 2023
MARYANN CHOPP
Sotheby's International Realty, Inc.
(561) 351-1277
42 Total Sales
-
Scott Gordon
Buyer's Agent in 2020
Scott Gordon
Douglas Elliman
(561) 346-4141
140 Total Sales
-
G
Seller's Agent in 2018
Gary Little
Sotheby's International Realty, Inc.
-
Lynn Warren
Seller Co-Listing Agent in 2018
Lynn Warren
Sotheby's International Realty, Inc.
(561) 659-3555
17 Total Sales
Map
Source: BeachesMLS
MLS Number: R10978617
APN: 50-43-43-23-07-000-0030
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