$660,000
SOLD FEB 26, 2020

3440 S Ocean Blvd Unit 204 Palm Beach, FL 33480

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

Recently Sold

$318 Per Sq Ft

17 Days on Market

Highlights

  • Doorman
  • Tennis Courts
  • Home Gym
  • Ocean Front
  • Outdoor Pool
  • Balcony

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, 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!!

Annual Town of Palm Beach Underground assessment will be paid by the Seller up until closing, annual payments thereafter shall be the responsibility of the Buyer.

Last Agent to Sell the Property

Pamela Gottfried

Douglas Elliman License #BK-373953 Listed on: 01/07/2020

Douglas Elliman

Co-Listed By

Joan Wenzel

Douglas Elliman License #597469

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $10,276

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • Northeast Facing Home

HOA Fees

  • $1,420 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 2,078 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Library
  • Storage
  • Utility Room
  • Home Gym
  • Tile Flooring
  • Direct Ocean Views

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Tennis Courts
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434435180022040

Community Details

Overview

  • Association fees include insurance, cable TV, common area, pest control, sewer, water
  • 104 Units
  • Halcyon Community
  • 7-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$10,276

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,420 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Direct oceanfront building located between the Lake Worth Bridge and Ocean Avenue
  • Building Name: Halcyon
  • Year Built: 1980
  • Location Tax Legal:Name of Building: Halcyon
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 10276.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 4261.11
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 104
  • General Property Description:_pound_ Floors: 7.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Building:Ocean - Direct: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Security System: Yes
  • Security:Door Person: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Pets:Pets Allowed: No
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Waterfront-Building:Ocean to Lake2: Yes
  • Waterfront-Unit:Ocean to Lake4: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Cable, Ceiling Fan, Storage, Smoke Alarms
  • Stories: 7
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Ocean Access- Deeded, Tennis Court - Clay, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Tennis Court-Clay: Yes

Garage/Parking

  • Parking:Garage2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434435180022040
  • Zoning: R-D(1) - Moderate

Multi Family

  • Number Of Units Total: 104
  • Maintenance Expense: 4261.11

Tax Info

  • Tax Annual Amount: 10276.0
  • Tax Year: 2018

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
$1,535,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,632
Avg. Annual Appreciation
10.03%
Original Mortgage
$1,100,000
Outstanding Balance
$1,091,725
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$464,902

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

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Range of Values:

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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 $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
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: 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 $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: Palm Beach Board of REALTORS®

MLS Number: 18-1663

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