$435,000
SOLD JAN 6, 2025

The Patrician 3450 S Ocean Blvd Unit 720 Palm Beach, FL 33480

1 Bed
2 Baths
1,008 Sq Ft
$1,378/mo HOA Fee

Recently Sold

$432 Per Sq Ft

13% Below List Price

114 Days on Market

Highlights

  • Doorman
  • Clubhouse
  • Impact Glass
  • Ocean Front
  • Community Pool
  • Separate Shower in Primary Bathroom

About This Home

As of January 2025

The Patrician Complex, gracefully sitting oceanfront with expansive sandy beaches has set a new standard for the South Palm Beach area in renovations and upgrade for oceanfront properties and has rejuvenated a property which deserves the accolades it is receiving. The owners of Apartment 720 have renovated this classic one bedroom pied-a-terre which also enjoys 2 full baths, the Master bath with a tub/shower combo and the guest bath with a full shower. The signature feature of this spacious pied is its full balcony which looks south with incredible expansive views of the ocean to the east and the intracoastal waterway to the west. The kitchen has been updated and for those looking for a move in ready weekend drop in or a seasonal home can arrive this afternoon ready for an evening out.

Last Agent to Sell the Property

Bradford Miller

Bradford P Miller Real Estate License #644812 Listed on: 09/14/2024

Co-Listed By

Pamela Miller

Bradford P Miller Real Estate License #3047633

Last Buyer's Agent

John Campbell

The Corcoran Group License #3083481

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,786

Year Built

  • Built in 1971

Lot Details

  • Sprinkler System

HOA Fees

  • $1,378 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,008 Sq Ft Home
  • Blinds
  • Florida or Dining Combination
  • Home Security System

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Parking

  • Covered Parking
  • Guest Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434435030007200
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, parking, pest control, pool(s), roof, security
  • 213 Units
  • Patrician Subdivision
  • 8-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

Security

  • Card or Code Access
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,786

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,378 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Lake Worth Beach bridge to South Ocean Bl, go south the building on East side
  • Year Built: 1971
  • Entry Level: 7
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Family/Dining Room, Separate Shower
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Living Area: 1008.0
  • Stories: 8
  • Window Features: Blinds, Impact Glass

Exterior Features

  • View: Intercoastal, Ocean
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Security System, Closed Circuit Camera(s), Door Man, Key Card Entry, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1378.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Parcel #: 50434435030007200
  • Zoning Description: R-D2 Hea

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3786.0

Multi Family

  • Number Of Units In Community: 213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2024
Closed on
Dec 16, 2024
Sold by
Dackson Stephen and Dackson Stacey L
Bought by
Kramer Elisha Stephanie Si
Seller's Agent
Bradford Miller
Bradford P Miller Real Estate
Buyer's Agent
John Campbell
The Corcoran Group
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%
Views
17
Current Estimated Value
$440,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,672
Avg. Annual Appreciation
1.72%
Original Mortgage
$304,500
Outstanding Balance
$302,016
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$138,656

Purchase Details

Closed on
Feb 27, 2024
Sold by
Kenneth B Dackson Self-Declaration Of Li and Dackson Stacey
Bought by
Dackson Stacey and Dackson Stephen

Purchase Details

Closed on
Oct 25, 2018
Sold by
Dackson Arlene and Dackson Kenneth
Bought by
Declara Dackson Kenneth B and Kenneth B Dackson Self Declaration Of Li
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 $435,000 None Listed On Document
Warranty Deed $435,000 None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,500 New Conventional
Closed $304,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2025 01/09/25 Pending -- -- --
01/06/2025 01/06/25 Sold $435,000 -3.1% $432 / Sq Ft
10/31/2024 10/31/24 Price Changed $449,000 -10.0% $445 / Sq Ft
09/14/2024 09/14/24 For Sale $499,000 -- $495 / 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 $4,147 $202,978 -- --
2023 $3,786 $184,525 $0 $0
2022 $3,273 $167,750 $0 $0
2021 $2,791 $152,500 $0 $152,500
2020 $2,828 $152,500 $0 $152,500
2019 $2,783 $147,500 $0 $147,500
2018 $2,477 $132,500 $0 $132,500
2017 $2,477 $132,500 $0 $0
2016 $2,214 $116,463 $0 $0
2015 $2,081 $105,875 $0 $0
2014 $1,856 $96,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11021035

BeachesMLS

APN: 50-43-44-35-03-000-7200