NOT LISTED FOR SALE

3501 S Ocean Blvd Unit 4040 Palm Beach, FL 33480

Estimated Value: $491,000 - $663,000

2 Beds
2 Baths
1,570 Sq Ft
66,647 Sq Ft Lot

Sale Details

Date Sold: May 9, 2019

Last sale price $405,000 $258 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,725 / mo

116 Days on Market

Highlights

  • Property has ocean access
  • 1.53 Acre Lot
  • Community Pool
  • Property fronts an intracoastal waterway
  • Outdoor Living Area
  • Covered Patio or Porch

About This Home

As of May 2019

This unit is one of the best in Beauvois! Step in and see the impressive 180 view of the intracoastal overlooking the pool with docks for daily boating use. This is your stress-free oasis! The view through the living-room floor-to-ceiling glass doors is just the start! A large family room and eat-in kitchen with granite counters – Did I mention the great water views! This unit has everything you need with a spacious laundry room. But there is so much more! You also have Beach access across the street. You've found your forever home!

Last Agent to Sell the Property

Guy Buzzelli

Coldwell Banker Realty /Delray Beach License #3288843 Listed on: 12/06/2018

Coldwell Banker Realty /Delray Beach

Last Buyer's Agent

Lana Morrissey

Premier Brokers International License #641238

Premier Brokers International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,584

Year Built

  • Built in 1980

Lot Details

  • Property fronts an intracoastal waterway
  • West Facing Home

Parking

  • Open Parking

Interior Spaces

  • 1,570 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62434435200004040

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, insurance, pest control, sewer, trash, water
  • Beauvois On The Lake Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,584

Year Built

Built in 1980

Lot Details

1.53 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: North of Ocean Ave Bridge on west side of A1A.
  • Year Built: 1980
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 1570.0
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Intercoastal
  • Lot Features: 1-2 Acres
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access
  • Waterfront: Yes
  • Disclosures: Special Assessment
  • Construction Type: Concrete
  • Direction Faces: West
  • Patio And Porch Features: Covered, Balcony
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 684.0
  • Pets Allowed: No
  • Senior Community: No
  • Amenities: Elevator(s), Pool
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 62434435200004040
  • Lot Size Acres: 1.53
  • Lot Size Sq Ft: 66646.8
  • Mobile Dim Units: Feet
  • Zoning: R-2(ci

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3584.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
May 9, 2019
Sold by
Charles W Barnes And Phyllis E Barnes Tr
Bought by
Perelman Jerome N
Seller's Agent
Guy Buzzelli
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Lana Morrissey
Premier Brokers International
List Price
$424,900
Sold Price
$405,000
Premium/Discount to List
-$19,900
-4.68%
Current Estimated Value
$592,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,150
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
May 4, 2009
Sold by
Barnes Charles W and Barnes Phyllis E
Bought by
Barnes Charles W and Barnes Phyllis E

Purchase Details

Closed on
Jun 21, 2006
Sold by
Kane Arlene B and Davis Paul T
Bought by
Barnes Charles W and Barnes Phyllis E

Purchase Details

Closed on
May 28, 2004
Sold by
Stambaugh Reginald G
Bought by
Kane Arlene B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perelman Jerome N $405,000 Producers Title Llc
Barnes Charles W -- Attorney
Barnes Charles W $510,000 Attorney
Kane Arlene B $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kane Arlene B $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2019 05/09/19 Sold $405,000 -4.7% $258 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
12/06/2018 12/06/18 For Sale $424,900 -- $271 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $6,764 $391,308 -- --
2024 $6,764 $380,280 -- --
2023 $6,591 $369,204 $0 $0
2022 $6,522 $358,450 $0 $0
2021 $6,983 $330,000 $0 $330,000
2020 $7,050 $330,000 $0 $330,000
2019 $3,770 $212,087 $0 $0
2018 $3,584 $208,132 $0 $0
2017 $3,575 $203,851 $0 $0
2016 $3,582 $199,658 $0 $0
2015 $3,682 $198,270 $0 $0
2014 $3,681 $196,696 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10486271

BeachesMLS (Greater Fort Lauderdale)

APN: 62-43-44-35-20-000-4040

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