$435,000
SOLD JAN 6, 2025

The Patrician 3450 S Ocean Blvd Unit 7200 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

109 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Fitness Center
  • Direct Ocean View
  • Home fronts a seawall
  • Outdoor Pool

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 owned and meticulously cared for this classic one bedroom pied a terre which also enjoys 2 full baths, one 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, drop their ba 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 owned and meticulously cared for this classic one bedroom pied a terre which also enjoys 2 full baths, one 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, drop their bags and be having dinner at Pizza Del Fresco by 6:00PM.

Last Agent to Sell the Property

Bradford Miller

Bradford P. Miller Real Estate License #BK-644812 Listed on: 09/16/2024

Co-Listed By

Pamela Miller

Bradford P. Miller Real Estate License #3047633

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,786

Year Built

  • Built in 1971

Lot Details

  • South Facing Home

HOA Fees

  • $1,378 Monthly HOA Fees

Interior Spaces

  • 1,008 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Gym
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Home Security

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

Parking

  • Parking Available
  • Covered Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Property has ocean access
  • Bulkhead

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434435030007200

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer
  • 213 Units
  • Patrician Community
  • On-Site Maintenance
  • 8-Story Property

Amenities

  • Doorman
  • Common Area
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$3,786

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,378 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Lake Worth Bridge south on South Ocean Bl to 3450 S Ocean. Park across South Ocean in the Guest Parking
  • Building Name: Patrician
  • Year Built: 1971
  • Location Tax Legal:Name of Building: Patrician
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 3786.08
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 1008.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1378.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 213
  • General Property Description:_pound_ Floors: 8.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Building:Ocean - Direct: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Security System: 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
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Pool:Heated Elec: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Cable, Ceiling Fan, Smoke Alarms
  • Living Area: 1008.0
  • Stories: 8
  • Interior Features:Smoke Alarms: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: 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, Fresh Water, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Seawall/Bulkhead, Impact Doors, Ocean Access- Deeded, 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:SeawallBulkhead2: Yes

Garage/Parking

  • Parking:Covered Parking: Yes
  • Parking 1 Car2: Yes

Utilities

  • Security: Security System, 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

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434435030007200
  • Zoning: R-D(1) - Moderate Density Residential

Multi Family

  • Number Of Units Total: 213
  • Maintenance Expense: 1378.0

Tax Info

  • Tax Annual Amount: 3786.08
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 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
NON MEMBER
NON MEMBER FIRM
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%
Views
9
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
1.77%
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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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
01/06/2025 01/06/25 Sold $435,000 -3.1% $432 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
10/31/2024 10/31/24 Price Changed $449,000 -10.0% $445 / Sq Ft
09/16/2024 09/16/24 For Sale $499,000 -- $495 / 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 $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: Palm Beach Board of REALTORS®

MLS Number: 24-1303

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