$660,000
SOLD FEB 26, 2020

3440 S Ocean Blvd Unit 204 Palm Beach, FL 33480

3 Beds
2.5 Baths
2,078 Sq Ft
$1,420/mo HOA Fee

Recently Sold

$318 Per Sq Ft

26% Below List Price

509 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Clubhouse
  • Ocean Front
  • 484,086 Sq Ft lot
  • Sauna

About This Home

As of June 2024

Attractive and much sought after Direct Oceanfront Building features elegantly renovated lobby and hallways, lovely pool area, tennis, fully equipped fitness complex, and social room. This Two Bedroom Den or Third Bedroom apartment features an open floor plan perfect for entertaining which flows out to a large terrace offering ocean and tropical garden views. Must see!!Seller will be responsible for prorated annual share of Town of Palm Beach Utility Underground Assessment up until closing, Buyer shall be responsible thereafter

Last Agent to Sell the Property

Pamela Gottfried

Douglas Elliman License #0373953 Listed on: 09/04/2018

Douglas Elliman

Co-Listed By

Joan Wenzel

Douglas Elliman License #597469

Last Buyer's Agent

Giuliana Raiser-Duduca

Coldwell Banker License #680992

Coldwell Banker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,276

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway

HOA Fees

  • $1,420 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Property Views

  • Ocean
  • Intracoastal
  • Pool

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 2,078 Sq Ft Home
  • Built-In Features
  • Bar
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 50434435180022040

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pest control, pool(s), security, trash, water
  • 103 Units
  • High-Rise Condominium
  • Halcyon Of Palm Beach Subdivision
  • 7-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Community Library

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,276

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,420 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Located ocean side on S Ocean Blvd in between the Lake Worth Bridge and Ocean Ave Bridge
  • Year Built: 1980
  • Architectural Style: High Rise
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Dual Sinks, Entrance Foyer, Elevator, Living/Dining Room, Pantry, Separate Shower, Bar, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 2078.0
  • Dining Room Type: Den, Great Room, Laundry
  • Stories: 7
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony, TV Antenna
  • View: Intercoastal, Ocean, Pool
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Deed Restriction, Home Warranty
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage, Guest, Garage Door Opener

Utilities

  • Security: Security System, Closed Circuit Camera(s), Door Man, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1420.0
  • Community Features: Clubhouse, Park, Property Manager On-Site, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Library, Management, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Security, Trash, Water

Lot Info

  • Parcel #: 50434435180022040
  • Lot Size: 10 to <25 Acres
  • Lot Size Sq Ft: 484086.0
  • Zoning Description: R-D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10276.0

Multi Family

  • Number Of Units In Community: 103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Jun 24, 2024
Sold by
Gibelli Mark and Gibelli Monique
Bought by
Michael J Ianelli Jr Revocable Trust and Ianelli
Seller's Agent
Giuliana Raiser-Duduca
Coldwell Banker
Buyer's Agent
Rochelle Berent
Scuttina Signature Real Estate Group, LLC
List Price
$1,650,000
Sold Price
$1,400,000
Premium/Discount to List
-$250,000
-15.15%
Views
95
Current Estimated Value
$1,548,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,704
Avg. Annual Appreciation
8.70%
Original Mortgage
$1,100,000
Outstanding Balance
$1,086,937
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$461,767

Purchase Details

Listed on
Jan 7, 2020
Closed on
Feb 26, 2020
Sold by
Ianelli Michael J and Ianelli Corinna
Bought by
Gibelli Mark and Gibelli Monique
Seller's Agent
Pamela Gottfried
Douglas Elliman
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$660,000
Sold Price
$660,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.97%

Purchase Details

Listed on
May 31, 2012
Closed on
Jun 20, 2014
Sold by
Lando Patti B
Bought by
Ianelli Michael J
Seller's Agent
Ann Angotti
The Keyes Company
Buyer's Agent
Scott Gordon
Douglas Elliman
List Price
$569,000
Sold Price
$500,000
Premium/Discount to List
-$69,000
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$360,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 1995
Sold by
Altman Joel
Bought by
Lando Robert N

Purchase Details

Closed on
Jan 4, 1994
Sold by
Altman Marcia
Bought by
Altman Joel
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 Type Sale Price Title Company
Warranty Deed $1,400,000 Patch Reef Title
Warranty Deed $1,400,000 Patch Reef Title
Warranty Deed $660,000 Attorney
Warranty Deed $450,000 Attorney
Joint Tenancy Deed $285,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 New Conventional
Closed $1,100,000 New Conventional
Previous Owner $360,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $1,400,000 -6.4% $674 / Sq Ft
03/29/2024 03/29/24 Price Changed $1,495,000 -9.4% $719 / Sq Ft
11/28/2023 11/28/23 For Sale $1,650,000 +150.0% $794 / Sq Ft
02/26/2020 02/26/20 Sold $660,000 0.0% $318 / Sq Ft
02/26/2020 02/26/20 Sold $660,000 0.0% $318 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/24/2020 01/24/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $660,000 -25.8% $318 / Sq Ft
09/04/2018 09/04/18 For Sale $889,000 +77.8% $428 / Sq Ft
06/23/2014 06/23/14 Sold $500,000 -12.1% $226 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
05/31/2012 05/31/12 For Sale $569,000 -- $257 / Sq Ft
Source: BeachesMLS

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 $9,677 $682,955 -- --
2023 $9,468 $663,063 $0 $0
2022 $9,463 $643,750 $0 $0
2021 $9,597 $625,000 $0 $625,000
2020 $10,295 $660,000 $0 $660,000
2019 $10,311 $700,000 $0 $700,000
2018 $9,481 $700,000 $0 $700,000
2017 $9,026 $650,000 $0 $0
2016 $6,547 $375,000 $0 $0
2015 $6,815 $375,000 $0 $0
2014 $6,360 $345,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10461128

BeachesMLS

APN: 50-43-44-35-18-002-2040