$375,000
SOLD JUN 12, 2018

The Patrician 3450 S Ocean Blvd Unit 601 Palm Beach, FL 33480

2 Beds
2 Baths
1,548 Sq Ft
$800/mo HOA Fee

Recently Sold

$242 Per Sq Ft

62 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Fitness Center
  • Direct Ocean View
  • Property fronts an intracoastal waterway
  • Gas Heated Pool

About This Home

As of June 2018

Oceanfront living is what tropical dreaming is all about. Now you can live your dream in South Florida's most prized locale, exclusive Palm Beach, in a fabulous, luxurious 2 bedroom 2 bath apartment at the full-service Patrician condominium. A superior address on South Ocean Blvd affords you both wonderful Ocean and Intracoastal views from this impeccably-renovated home that is stylishly furnished and turnkey. Lovely sunshine pours into the spacious living room featuring a large picture window and glass door to your private balcony with soothing water views. Wood floors and crown moldings enrich the gracious living area as well as the spacious bedrooms. An open dining room with a built-in bar with wine cooler allows easy entertaining. Marble floors grace the dining room and the modern kitchen featuring white cabinetry, granite countertops, decorative tile backsplash and stainless steel appliances. The open-concept design allows the cook to seamlessly connect with family or guests while preparing great dishes. A split-bedroom layout is also very desirable, assuring privacy for all. The king-size master bedroom set behind glass paneled double doors featuring a large walk-in closet and an updated bath with a double-sink vanity and oversized shower with modern spa like glass enclosure. A large second bedroom and second updated bath complete the comfort. Enhancing the fine lifestyle you'll enjoy at The Patrician are deeded beach rights, a convenient garage parking spot, elegant lobby, 24-hour doorman and security, fully-equipped gym, library, wonderful heated swimming pool that overlooks the ocean and a pool deck with a built-in barbecue area.

Last Agent to Sell the Property

BECKY BUZZELLI

SCOTT GORDON REALTY ASSOCIATES Listed on: 04/02/2018

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $2,857

Year Built

  • Built in 1971

Lot Details

  • North Facing Home

HOA Fees

  • $800 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,548 Sq Ft Home
  • Window Treatments
  • Dining Area
  • Storage

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434435030006010

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water, recreation lease
  • 212 Units
  • Patrician Community
  • On-Site Maintenance
  • 9-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$2,857

Year Built

Built in 1971

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Lake Ave east to A1A, right on A1A to 3450
  • Building Name: Patrician
  • Year Built: 1971
  • Location Tax Legal:Name of Building: Patrician
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 2857.0
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Living Area: 1548.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 800.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 212
  • General Property Description:_pound_ Floors: 9.0
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Laundry:Laundry in Building: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Microwave, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood, Marble
  • Interior Amenities: Storage, Wndw Trmnts Included
  • Living Area: 1548.0
  • Stories: 9
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Ocean Access- Deeded
  • Exterior Features:Balcony: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_one_ Car2: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water, Recreation Lease

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434435030006010
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 212
  • Maintenance Expense: 800.0

Tax Info

  • Tax Annual Amount: 2857.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Giuseppe Gambino
Bought by
Giuseppe Gambino Revocable Trust
Current Estimated Value
$679,411

Purchase Details

Listed on
Apr 2, 2018
Closed on
Jun 12, 2018
Sold by
Stemerman Scott J
Bought by
Gambino Giuseppe
Seller's Agent
BECKY BUZZELLI
SCOTT GORDON REALTY ASSOCIATES
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%

Purchase Details

Closed on
Sep 23, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Stemerman Scott J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2010
Sold by
Cabezas Ximena and Cabezas Patrick
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 28, 2005
Sold by
Cabezas Patrick and Cabezas Ximena
Bought by
Cabezas Ximena

Purchase Details

Closed on
May 18, 2004
Sold by
Babkie Barbara M P
Bought by
Cabezas Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2003
Sold by
Smith Martha P and Smith Wilbur K
Bought by
Babkie Barbara M P

Purchase Details

Closed on
Nov 21, 2002
Sold by
Keeney Joseph
Bought by
Smith Wilbur K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.08%
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 -- Robert D Schwartz Pa
Warranty Deed $375,000 Integrity Land Title
Corporate Deed $219,000 Integrity Title Services Inc
Trustee Deed $145,100 None Available
Interfamily Deed Transfer -- --
Warranty Deed $375,000 --
Warranty Deed $245,000 Phoenix Title Insurance Corp
Warranty Deed $170,000 Members Title Services Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $164,250 New Conventional
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $136,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Rented $8,000 -5.9% --
11/27/2023 11/27/23 For Rent $8,500 0.0% --
06/12/2018 06/12/18 Sold $375,000 0.0% $242 / Sq Ft
06/03/2018 06/03/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $375,000 -- $242 / 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 $6,546 $433,000 -- --
2023 $4,714 $346,389 $0 $0
2022 $4,699 $336,300 $0 $0
2021 $4,152 $250,000 $0 $250,000
2020 $4,766 $270,000 $0 $270,000
2019 $4,864 $270,000 $0 $270,000
2018 $2,871 $196,608 $0 $0
2017 $2,857 $192,564 $0 $0
2016 $2,658 $188,603 $0 $0
2015 $2,744 $187,292 $0 $0
2014 $2,754 $185,806 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-774

APN: 50-43-44-35-03-000-6010