NOT LISTED FOR SALE

3474 S Ocean Blvd Unit 160 Palm Beach, FL 33480

Estimated Value: $800,000 - $990,000

2 Beds
2 Baths
1,478 Sq Ft
$605/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $275,000 $186 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $5,910/month

38 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Double Oven
  • Docks
  • Lanai
  • Balcony

About This Home

As of December 2012

Enjoy all the benefits of single family home living on the intracoastal waterways while sharing common maintenance. Very spacious 2BR w/ wonderful natural lighting in the 2 story town home. Large Master suite includes his & her walk in closets. Only 1 of 17 units in pristine community. Covered parking, deeded beach access, boat dockage available and flexible rental policy.

Last Agent to Sell the Property

Steven Presson

The Corcoran Group License #3135349 Listed on: 08/03/2012

The Corcoran Group

Last Buyer's Agent

KATHRYN BADAL

FLORIDA LIFESTYLE REALTY INC

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,698

Year Built

  • Built in 1979

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • Home fronts a canal
  • East Facing Home

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • Attached Carport

Interior Spaces

  • 1,478 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Hurricane or Storm Shutters
  • Laundry in unit

Kitchen

  • Double Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Docks
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434435150000160

Community Details

Overview

  • Association fees include insurance, cable TV, sewer, water
  • 17 Units
  • Ocean Cay Community

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$3,698

Year Built

Built in 1979

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: N on A1A past The Ritz Carleton on Intracoastal side
  • Building Name: Ocean Cay
  • Year Built: 1979
  • Location Tax Legal:Name of Building: Ocean Cay
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 3697.55
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 1478.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1650.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 17
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Laundry:Laundry in Unit: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:WW Carpeting: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Waterfront-Building:Canal2: Yes
  • Dock:Dock Space Available: Yes
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Double, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Tile, W/W Carpeting
  • Living Area: 1478.0
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Canal
  • Waterfront: Yes
  • Exterior Features: Balcony, Patio/Lanai, Storm Shutters, Ocean Access- Deeded
  • Exterior Features:Balcony: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking Features: Carport
  • Parking:Covered Parking: Yes
  • Parking:Carport2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: No Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Sewer, Water

Lot Info

  • Parcel #: 50434435150000160
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 17
  • Maintenance Expense: 1650.0

Tax Info

  • Tax Annual Amount: 3697.55
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2012
Closed on
Dec 27, 2012
Sold by
Okeefe James L
Bought by
Mckee Scott E and Mckee Katherine M
Seller's Agent
Steven Presson
The Corcoran Group
Buyer's Agent
KATHRYN BADAL
FLORIDA LIFESTYLE REALTY INC
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$894,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$619,451
Avg. Annual Appreciation
9.76%
Original Mortgage
$206,250
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1999
Sold by
Robinson John H and Robinson Dorothy
Bought by
Okeefe James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
7.91%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Mckee Scott E $275,000 Attorney
Okeefe James L $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckee Scott E $185,000
Closed Mckee Scott E $100,000
Closed Mckee Scott E $206,250
Previous Owner Okeefe James L $100,000
Previous Owner Okeefe James L $190,000
Previous Owner Okeefe James L $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $275,000 0.0% $186 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $275,000 -- $186 / 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 $5,042 $329,991 -- --
2023 $4,881 $320,380 $0 $0
2022 $4,866 $311,049 $0 $0
2021 $4,974 $301,989 $0 $0
2020 $4,967 $297,820 $0 $0
2019 $4,947 $291,124 $0 $0
2018 $4,718 $285,696 $0 $0
2017 $4,697 $279,820 $0 $0
2016 $4,128 $274,065 $0 $0
2015 $4,265 $272,160 $0 $0
2014 $4,282 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-1738

APN: 50-43-44-35-15-000-0160