NOT LISTED FOR SALE

350 S Ocean Blvd Unit 3050 Palm Beach, FL 33480

Estimated Value: $2,499,000 - $3,272,000

2 Beds
2 Baths
1,210 Sq Ft
$2,316/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $1,220,000 $1,008 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $18,198/month

154 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Gas Heated Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

As of August 2016

Oceanfront Palm Beach 2 bedroom, 2 bathroom apartment in boutique building close to Worth Avenue shopping and restaurants. Exquisitely renovated and Ocean views from all rooms. Building amenities include sun splashed pool and patio surrounded by tropical gardens, cabana and fitness center. Pet friendly, full service building with doorman, garage parking and full time manager. Prime midtown location is perfect to enjoy all Palm Beach has to offer!

Last Agent to Sell the Property

THOR BROWN

THE FITE GROUP Listed on: 02/15/2016

Last Buyer's Agent

Tommy Holmes

Illustrated Properties LLC License #SL-3286356

Illustrated Properties LLC

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $15,952

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • Northeast Facing Home
  • Sprinkler System

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,210 Sq Ft Home
  • 3-Story Property
  • Dining Area
  • Storage
  • Home Gym
  • Marble Flooring
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434326100003050

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 24 Units
  • 350 Building Community
  • On-Site Maintenance

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Lobby
  • Elevator

Recreation

  • Fitness Center
  • Gas Heated Pool
  • Outdoor Pool

Pet Policy

  • Pet Restriction
  • Small pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$15,952

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,100 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Call listing agent
  • Building Name: 350 Building
  • Year Built: 1975
  • Location Tax Legal:Name of Building: 350 Building
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 15952.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 1210.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1100.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 24
  • General Property Description:_pound_ Floors: 3.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: 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:Marble: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Waterfront-Building:Ocean- Across Street: Yes
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Microwave, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Marble
  • Interior Amenities: Cable, Storage
  • Living Area: 1210.0
  • Stories: 3
  • Interior Features:Storage: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, Sprinkler System, Elevator, Exercise Room, Lobby, Ocean Acc-Not Deeded
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Ocean Acc-Not Deeded: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

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

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434326100003050
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 24
  • Maintenance Expense: 1100.0

Tax Info

  • Tax Annual Amount: 15952.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Jul 1, 2016
Bought by
Spies Charles R
Seller's Agent
THOR BROWN
THE FITE GROUP
Buyer's Agent
Tommy Holmes
Illustrated Properties LLC
List Price
$1,220,000
Sold Price
$1,220,000
Current Estimated Value
$2,802,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,582,527
Avg. Annual Appreciation
10.00%

Purchase Details

Listed on
Sep 15, 2014
Closed on
Jan 9, 2015
Sold by
Tsandikos George
Bought by
Eustace Michael
Seller's Agent
MARYANN CHOPP
The Corcoran Group
Buyer's Agent
Lore Smith
Sotheby's International Realty, Inc.
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$880,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 27, 2011
Sold by
Tsandikos George and Ryan Kevin
Bought by
Tsandikos George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2011
Sold by
Gross Phyllis
Bought by
Tsandikos George and Ryan Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2010
Sold by
Gross Phyllis
Bought by
Gross Phyllis and Phyllis Gross Living Trust
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 Buyer Sale Price Title Company
Spies Charles R $1,220,000 --
Eustace Michael $1,100,000 Attorney
Tsandikos George -- None Available
Tsandikos George $625,000 Attorney
Gross Phyllis -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eustace Michael $880,000
Previous Owner Tsandikos George $417,000
Previous Owner Tsandikos George $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2016 08/01/16 Sold $1,220,000 0.0% $1,008 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $1,220,000 +10.9% $1,008 / Sq Ft
01/09/2015 01/09/15 Sold $1,100,000 0.0% $909 / Sq Ft View Prior Sale
12/05/2014 12/05/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $1,100,000 -- $909 / 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 $26,869 $1,457,445 -- --
2023 $26,023 $1,324,950 $0 $2,220,000
2022 $20,232 $1,204,500 $0 $0
2021 $18,139 $1,095,000 $0 $1,095,000
2020 $17,109 $1,015,000 $0 $1,015,000
2019 $17,467 $1,015,000 $0 $1,015,000
2018 $16,914 $1,015,000 $0 $1,015,000
2017 $17,274 $1,015,000 $0 $0
2016 $15,410 $930,000 $0 $0
2015 $15,952 $885,000 $0 $0
2014 $8,868 $522,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    THOR BROWN

    THE FITE GROUP

  • Tommy Holmes

    Buyer's Agent in 2016

    Tommy Holmes

    Illustrated Properties LLC

    (203) 570-0026

    24 Total Sales

    Tommy Holmes
    Section Image

  • M

    Seller's Agent in 2015

    MARYANN CHOPP

    The Corcoran Group

  • L

    Buyer's Agent in 2015

    Lore Smith

    Sotheby's International Realty, Inc.

    (561) 386-9777

    6 Total Sales

    Lore Smith
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-425

APN: 50-43-43-26-10-000-3050

Florida Palm Beach County Palm Beach 33480

350 S Ocean Blvd Unit 3050, Palm Beach, FL

This home is located at 350 S Ocean Blvd Unit 3050, Palm Beach, FL 33480 since 15 February 2016 and is currently estimated at $2,802,527, approximately $2,316 per square foot. This property was built in 1975. 350 S Ocean Blvd Unit 3050 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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