NOT LISTED FOR SALE

340 S Ocean Blvd Unit Phd Palm Beach, FL 33480

Estimated Value: $4,508,000 - $5,878,000

2 Beds
2 Baths
1,809 Sq Ft
$2,764/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $3,300,000 $1,824 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $32,748/month

181 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Cabana
  • Property is near a clubhouse

About This Home

As of December 2020

Fantastic opportunity! Rare beautifully maintained 2 bedroom 2 bath Penthouse unit in desirable Lowell House. Spacious covered balconies (1,600 sq. ft.) with northern and western views. Assigned covered parking. Full service pet friendly building. Walk to restaurants, shops, Worth Avenue, the beach and all that Palm Beach has to offer.

Last Agent to Sell the Property

STEVE HALL

Compass Florida LLC License #3094127 Listed on: 05/28/2020

Last Buyer's Agent

ASHLEY O'NEIL

Brown Harris Stevens of Palm Beach 5225 License #SL-3401738

Brown Harris Stevens of Palm Beach 5225

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $43,507

Year Built

  • Built in 1967

Lot Details

  • Ocean Front
  • Northwest Facing Home
  • Back and Front Yard Fenced

HOA Fees

  • $2,212 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,809 Sq Ft Home
  • Dining Area
  • Storage
  • Home Gym
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Cabana
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony

Location

  • Property is near a clubhouse

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434323070000290

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, sewer, water, taxes, (see remarks)
  • 20 Units
  • Lowell House Community
  • On-Site Maintenance
  • 5-Story Property

Amenities

  • Doorman
  • Common Area
  • Clubhouse
  • Lobby
  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$43,507

Year Built

Built in 1967

Lot Details

0

HOA Fees

$2,212 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Corner of South Ocean Blvd and Australian Ave.
  • Building Name: Lowell House
  • Year Built: 1967
  • Location Tax Legal:Name of Building: Lowell House
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 43506.68
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 1809.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 6635.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 20
  • General Property Description:_pound_ Floors: 5.0
  • Pool:Pool3: 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
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Pets:Pets Allowed: Yes
  • Exposure of Unit:West2: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Cable, Storage
  • Living Area: 1809.0
  • Stories: 5
  • Interior Features:Storage: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Cabana, Impact Doors, Impact Windows, Fence - Back Wall, Fence - Front Wall, Clubhouse, Elevator, Exercise Room, Lobby, Ocean Acc-Not Deeded
  • Exterior Features:Balcony: 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:Fence - Back Wall: Yes
  • Exterior Features:Clubhouse: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Exterior Features:Ocean Acc-Not Deeded: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Sewer, Water, Taxes, Other (See Remarks)

Lot Info

  • Parcel #: 50434323070000290
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 20
  • Maintenance Expense: 6635.0

Tax Info

  • Tax Annual Amount: 43506.68
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Towana Llc
Bought by
Hupp William T and Hupp Diana W
Current Estimated Value
$4,999,945

Purchase Details

Listed on
May 28, 2020
Closed on
Dec 3, 2020
Sold by
Gaynor Vere W and Gaynor Susan
Bought by
Towana Llc
Seller's Agent
STEVE HALL
Compass Florida LLC
Buyer's Agent
ASHLEY O'NEIL
Brown Harris Stevens of Palm Beach 5225
List Price
$3,300,000
Sold Price
$3,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Jan 17, 2006
Sold by
Gaynor Vere W
Bought by
Gaynor Vere W and Gaynor Susan

Purchase Details

Closed on
Apr 1, 2004
Sold by
Baker Elsie Leigh and Leigh Elsie
Bought by
Gaynor Vere W

Purchase Details

Closed on
Jun 1, 1998
Sold by
Schleger Susanne
Bought by
Leigh Douglas and Leigh Elsie
Source: Public Records

Range of Values:

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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
Hupp William T -- Accommodation
Towana Llc $3,300,000 Premier Title Company Ltd
Gaynor Vere W -- None Available
Gaynor Vere W $1,175,000 --
Leigh Douglas $500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $3,300,000 0.0% $1,824 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $3,300,000 0.0% $1,824 / Sq Ft
05/02/2019 05/02/19 For Rent $25,000 +100.0% --
05/02/2019 05/02/19 Rented $12,500 -- --
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 $48,321 $3,267,572 -- --
2023 $47,330 $3,172,400 $0 $0
2022 $47,404 $3,080,000 $0 $0
2021 $42,087 $2,575,000 $0 $2,575,000
2020 $42,775 $2,575,000 $0 $2,575,000
2019 $43,680 $2,575,000 $0 $2,575,000
2018 $42,273 $2,575,000 $0 $2,575,000
2017 $43,195 $2,575,000 $0 $0
2016 $42,237 $2,450,000 $0 $0
2015 $16,501 $955,191 $0 $0
2014 $16,578 $947,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    STEVE HALL

    Compass Florida LLC

  • A

    Buyer's Agent in 2020

    ASHLEY O'NEIL

    Brown Harris Stevens of Palm Beach 5225

    (203) 219-1421

    27 Total Sales

    ASHLEY O'NEIL
    Section Image
  • Stephen Hall

    Seller's Agent in 2019

    Stephen Hall

    Compass Florida LLC

    (561) 346-6068

    65 Total Sales

    Stephen Hall
    Section Image

  • W

    Buyer's Agent in 2019

    Whitney McGurk

    Brown Harris Stevens of PB

    (561) 659-6400

    61 Total Sales

    Whitney McGurk
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-850

APN: 50-43-43-23-07-000-0290

Florida Palm Beach County Palm Beach 33480

340 S Ocean Blvd Unit Phd, Palm Beach, FL

This home is located at 340 S Ocean Blvd Unit Phd, Palm Beach, FL 33480 since 28 May 2020 and is currently estimated at $4,999,945, approximately $2,763 per square foot. This property was built in 1967. 340 S Ocean Blvd Unit Phd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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