$400,000
SOLD APR 23, 2025

Palmsea Condominium 3520 S Ocean Blvd Unit L405 Palm Beach, FL 33480

2 Beds
2 Baths
1,176 Sq Ft
$1,074/mo HOA Fee

Recently Sold

$340 Per Sq Ft

18% Below List Price

210 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Furnished
  • Fitness Center
  • Sauna
  • Community Pool

About This Home

As of April 2025

PRICE IMPROVEMENT! Experience the epitome of coastal elegance at Palmsea Condo. This spacious 2-bedroom, 2-bathroom residence offers Stunning Ocean Views and Breezes from the private balcony. This high floor unit is in the very coveted Feliz Building where you can walk right out to your resort style Oceanfront pool. Nestled along the pristine shoes of Palm Beach, this charming residence offers a perfect blend of luxury, comfort, and convenience. This unit is offered fully furnished and is complete with impact glass and windows plus shutters. A/C is just 5 years old. Additional features include instant hot water under sink, Custom plantation blinds, updated kitchen with lots of storage and pass through. Assigned parking is in the upper lot steps from the building entrance.

Last Agent to Sell the Property

Brian Mahoney

The Corcoran Group License #3501016 Listed on: 09/16/2024

The Corcoran Group

Last Buyer's Agent

Brian Mahoney

The Corcoran Group License #3501016 Listed on: 09/16/2024

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,071

Year Built

  • Built in 1973

Lot Details

  • Ocean Front

HOA Fees

  • $1,074 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,176 Sq Ft Home
  • Furnished
  • Bar
  • Plantation Shutters
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62434435080024050

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, pest control, pool(s), reserve fund, water
  • 120 Units
  • Palmsea Condo Subdivision
  • 5-Story Property

Amenities

  • Sauna
  • Game Room
  • Billiard Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Shuffleboard Court
  • Park

Security

  • Resident Manager or Management On Site
  • Phone Entry
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,071

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,074 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South Ocean Boulevard, Feliz building has private road entrance.
  • Year Built: 1973
  • Entry Level: 4
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1176.0
  • Dining Room Type: Storage Room
  • Stories: 5
  • Window Features: Impact Glass, Plantation Shutters

Exterior Features

  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Common Area
  • Security: Phone Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1074.0
  • Community Features: Clubhouse, Game Room, Non-Gated, Park, Property Manager On-Site, Pool, Sauna, Shuffleboard
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Laundry, Management, Pool, Shuffleboard Court, Sauna, Storage, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Pest Control, Pool(s), Reserve Fund, Water

Lot Info

  • Parcel #: 62434435080024050
  • Zoning Description: R-2A

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2071.0

Multi Family

  • Number Of Units In Community: 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 29, 2022
Sold by
Victor Gutierrez
Bought by
Finnie Peter and Finnie Leslie
Seller's Agent
Nicole Alvarez
Keller Williams Capital Realty
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Current Estimated Value
$410,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,329
Avg. Annual Appreciation
5.14%

Purchase Details

Closed on
Sep 9, 2016
Sold by
Navarro Glayds
Bought by
Gutierrez Victor

Purchase Details

Closed on
Apr 4, 2003
Sold by
Bard Henriette
Bought by
Gutierrez Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,625
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $335,000 New Title Company Name
Interfamily Deed Transfer -- None Available
Deed $171,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $128,625 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Sold $400,000 -6.8% $340 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/10/2025 03/10/25 Price Changed $429,000 -4.6% $365 / Sq Ft
02/01/2025 02/01/25 Price Changed $449,900 -4.3% $383 / Sq Ft
12/31/2024 12/31/24 Price Changed $469,900 -2.1% $400 / Sq Ft
11/13/2024 11/13/24 Price Changed $479,900 -1.9% $408 / Sq Ft
09/16/2024 09/16/24 For Sale $489,000 +46.0% $416 / Sq Ft
03/31/2022 03/31/22 Sold $335,000 +3.1% $285 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $325,000 +126.5% $277 / Sq Ft
06/08/2015 06/08/15 Sold $143,500 -30.5% $122 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $206,500 -- $176 / 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 $6,699 $335,000 -- --
2023 $6,247 $310,000 $0 $310,000
2022 $4,969 $232,100 $0 $0
2021 $4,499 $211,000 $0 $211,000
2020 $4,542 $211,000 $0 $211,000
2019 $4,632 $211,000 $0 $211,000
2018 $4,110 $191,000 $0 $191,000
2017 $4,419 $201,000 $0 $0
2016 $3,656 $161,000 $0 $0
2015 $3,557 $151,000 $0 $0
2014 $3,475 $146,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11021197

BeachesMLS

APN: 62-43-44-35-08-004-4050