$285,000
SOLD OCT 31, 2024

The Patrician 3450 S Ocean Blvd Unit 7020 Palm Beach, FL 33480

1 Bed
1 Bath
852 Sq Ft
$820/mo HOA Fee

Recently Sold

$335 Per Sq Ft

23% Below List Price

209 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Balcony
  • Fitness Center
  • Community Pool
  • Impact Glass

About This Home

As of October 2024

Breathtaking views of the Intracoastal and Ocean in this beach front condo with private balcony. Located in newly renovated, The Patrician, this spacious 1 bedroom residence offers the perfect blend of serenity and sophistication. Features a beautiful white kitchen, generous storage, fresh painted, Impact glass. Updated interior hallways, and common areas. Seller will pay ALL assessments in full! Amenities to include: Door Person, 24 fitness center, library, card room, a newly renovated beach front lap pool, outdoor kitchen and private access to The Patrician's own deeded beach. Immerse yourself in the charm of coastal living in this unparalleled waterfront oasis-welcome to your own piece of paradise!

Last Agent to Sell the Property

Amanda Clark

William Raveis Real Estate License #3477776 Listed on: 04/04/2024

William Raveis Real Estate

Co-Listed By

Jackson Parriott

William Raveis Real Estate License #3482426

Last Buyer's Agent

Matthew Walsh

Douglas Elliman (Jupiter) License #3388489

Douglas Elliman (Jupiter)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,573

Year Built

  • Built in 1971

Lot Details

HOA Fees

  • $820 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 852 Sq Ft Home
  • Built-In Features
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434435030007020

Community Details

Overview

  • Association fees include management, common areas, cable TV, laundry, security
  • High-Rise Condominium
  • Patrician Of Palm Beach C Subdivision
  • 8-Story Property

Amenities

  • Clubhouse
  • Community Library
  • Laundry Facilities
  • Community Storage Space

Recreation

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,573

Year Built

Built in 1971

Lot Details

0

HOA Fees

$820 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East side of South Ocean Blvd between Lake Ave bridge and E Ocean Ave bridge
  • Year Built: 1971
  • Architectural Style: High Rise
  • Entry Level: 7
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Living/Dining Room, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Living Area: 852.0
  • Stories: 8
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 820.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Library, Pool, Storage
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Laundry, Security

Lot Info

  • Parcel #: 50434435030007020
  • Lot Size: East of US-1
  • Zoning Description: R-D(2)

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3573.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Oct 25, 2024
Sold by
Marguerite Petruzzi Revocable Trust and Petruzzi Marguerite
Bought by
Surgen Timothy J
Seller's Agent
Amanda Clark
William Raveis Real Estate
Buyer's Agent
Matthew Walsh
Douglas Elliman (Jupiter)
List Price
$370,000
Sold Price
$285,000
Premium/Discount to List
-$85,000
-22.97%
Views
66
Current Estimated Value
$320,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,855
Avg. Annual Appreciation
13.75%

Purchase Details

Closed on
Oct 1, 2019
Sold by
Petruyzzi Marguerite
Bought by
Petruyzzi Marguerite and Marguerite Petruzzi Revocable

Purchase Details

Closed on
Jun 8, 2006
Sold by
Kauffman James and Kauffman Ann
Bought by
Petruzzi Marguerite
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 $285,000 First Priority Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $298,000 Phoenix Title Insurance Corp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $285,000 -13.4% $335 / Sq Ft
07/05/2024 07/05/24 Price Changed $329,000 -4.4% $386 / Sq Ft
06/10/2024 06/10/24 Price Changed $344,000 -4.4% $404 / Sq Ft
04/30/2024 04/30/24 Price Changed $359,900 -2.7% $422 / Sq Ft
04/04/2024 04/04/24 For Sale $370,000 -- $434 / 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 $3,806 $196,323 -- --
2023 $3,573 $178,475 $0 $0
2022 $3,149 $162,250 $0 $0
2021 $2,710 $147,500 $0 $147,500
2020 $2,746 $147,500 $0 $147,500
2019 $2,716 $142,500 $0 $142,500
2018 $2,510 $134,500 $0 $134,500
2017 $2,540 $137,500 $0 $0
2016 $2,206 $119,185 $0 $0
2015 $2,069 $108,350 $0 $0
2014 $1,887 $98,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10975150

BeachesMLS

APN: 50-43-44-35-03-000-7020