NOT LISTED FOR SALE

340 S Ocean Blvd Unit Phd Palm Beach, FL 33480

Estimated Value: $5,125,393 - $5,280,000

2 Beds
2 Baths
1,809 Sq Ft
1967 Built

Sale Details

Date Sold: December 4, 2020

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

Est. 58% increase in value since last sale

Current estimated payment $34,264 / mo

180 Days on Market

Highlights

  • Ocean Front
  • Community Cabanas
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Wood Flooring

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 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

Stephen Hall

Compass Florida LLC License #3094127 Listed on: 11/30/2020

Compass Florida LLC

Last Buyer's Agent

ASHLEY O'NEIL

Brown Harris Stevens of PB License #3401738

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $43,507

Year Built

  • Built in 1967

Lot Details

  • Ocean Front
  • South Facing Home

HOA Fees

  • $2,211 Monthly HOA Fees

Property Views

  • Ocean
  • City

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,809 Sq Ft Home
  • Bar
  • Combination Dining and Living Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434323070000290

Community Details

Overview

  • Association fees include common areas, cable TV, HVAC, insurance, ground maintenance, pest control, sewer, security, trash, water
  • Lowell House Condo Lts 53 And 54 Blk H Royal Park Subdivision
  • 5-Story Property

Amenities

  • Clubhouse
  • Elevator
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$43,507

Year Built

Built in 1967

Lot Details

0 Sq Ft Lot

HOA Fees

$2,211 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: corner of South Ocean Blvd and Australian Ave.
  • Year Built: 1967
  • Entry Level: 6
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living/Dining Room, Tub Shower, Bar
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Living Area: 1809.0
  • Stories: 5

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: City, Ocean
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Other
  • Direction Faces: South
  • Patio And Porch Features: Covered, Balcony
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: Security System, Lobby Secured
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2211.0
  • Pets Allowed: Yes
  • Community Features: Property Manager On-Site
  • Senior Community: No
  • Amenities: Cabana, Clubhouse, Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Number Limit, Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, HVAC, Insurance, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434323070000290
  • Mobile Dim Units: Feet
  • Zoning: R-D(2)

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 43506.7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Bought by
Current Estimated Value
$5,198,798

Purchase Details

Listed on
Nov 30, 2020
Closed on
Dec 3, 2020
Sold by
Bought by
Seller's Agent
Stephen Hall
Compass Florida LLC
Buyer's Agent
ASHLEY O'NEIL
Brown Harris Stevens of PB
List Price
$4,250,000
Sold Price
$3,300,000
Premium/Discount to List
-$950,000
-22.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%

Purchase Details

Closed on
Jan 17, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2004
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 1998
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
$3,300,000 Premier Title Company Ltd
-- None Available
$1,175,000 --
$500,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $3,300,000 -22.4% $1,824 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $4,250,000 0.0% $2,349 / Sq Ft
05/02/2019 05/02/19 For Rent $25,000 +100.0% --
05/02/2019 05/02/19 Rented $12,500 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $48,321 $3,362,332 -- --
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

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10625988

BeachesMLS (Greater Fort Lauderdale)

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

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