$335,000
SOLD MAR 31, 2022

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

2 Beds
2 Baths
1,174 Sq Ft
$735/mo HOA Fee

Recently Sold

$285 Per Sq Ft

3% Above List Price

3 Days on Market

Highlights

  • Property has ocean access
  • Waterfront
  • Sauna
  • Fitness Center
  • Clubhouse
  • Community Pool

About This Home

As of April 2025

This extremely spacious 2 bedroom/2 bathroom condo is located in the oceanfront building of Palmsea right in the heart of Palm Beach Island. The unit features a split floor plan with tile throughout the common areas. The home boasts a full kitchen, dining room, living room and balcony. The master bedroom includes a walk in closet, a vanity area and access to the balcony. Amenities include direct beach access, a large pool area, club room, sauna, gym, BBQ, card room and billiard room. Centrally located near shops, restaurants, spas, Publix and more!

Last Agent to Sell the Property

Nicole Alvarez

Keller Williams Capital Realty License #3422355 Listed on: 02/01/2022

Keller Williams Capital Realty

Co-Listed By

Cristian Chavez

Keller Williams Capital Realty License #3352712

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,499

Year Built

  • Built in 1973

Lot Details

  • Waterfront

HOA Fees

  • $735 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,174 Sq Ft Home
  • Formal Dining Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Parking

  • 1 Carport Space
  • 1 Car Parking Space

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 62434435080044050

Community Details

Overview

  • Palmsea Condos
  • Palmsea Condo Subdivision
  • 5-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Billiard Room
  • Community Center
  • Party Room
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,499

Year Built

Built in 1973

Lot Details

0

HOA Fees

$735 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Co List Office Mls Id: KWPP01
  • Co List Office Phone: 305-595-2844
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PALMSEA CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1174
  • Possible Use: Primary
  • Stories: 5
  • Window Features: Complete Accordian Shutters, Hurricane Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Formal Dining
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • View: Water View
  • Exterior Features: Other, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PALMSEA
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 735
  • Amenities: Billiard Room, Barbecue, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Exercise Room, Storage, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 62434435080044050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 735

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4499

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
$424,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,243
Avg. Annual Appreciation
4.97%

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

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 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: MIAMI REALTORS® MLS

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: MIAMI REALTORS® MLS

MLS Number: A11154076

MIAMI REALTORS® MLS

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