NOT LISTED FOR SALE

3525 S Ocean Blvd Unit 3050 Palm Beach, FL 33480

Estimated Value: $425,962 - $569,000

2 Beds
2 Baths
1,293 Sq Ft
$550/mo HOA Fee

Last Sold April 05, 2021

Last sale price $330,000 $255 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,762/month

135 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Screened Porch
  • Property fronts an intracoastal waterway
  • Clubhouse
  • Community Pool

About This Home

As of April 2021

IT'S ALL ABOUT THE VIEW!! Enjoy Amazing Intracoastal & Pool Views as You Enter This Very Spacious Third Floor Condo! AND IT'S PRICED TO SELL! Deeded Access to Beach Across the Street, Low Condo Fees, Pet Friendly , It Just Doesn't get Better than This! This Move In Ready Condo has Open Floor Plan with Two Large Bedrooms with Walk-In Closets. Practically new Stainless Steel Appliances in Kitchen with Closet with Washer & Dryer. Laminate Floors One Year Old. Impact Windows & Patio Door. Lakewood is a small Boutique Community with 44 units & low fees. It has a heated Pool, BBQ area, & Boat Dock with Limited Rental Space. Small Pets Welcome. Walk across Street to Your Deeded Beach, Walking distance to Publix, Great Restaurants with miles of landscaped walking paths

Last Agent to Sell the Property

Linda Shea

Keller Williams Realty - Welli License #3089295 Listed on: 10/21/2020

Keller Williams Realty - Welli

Last Buyer's Agent

Pete Muller

Coastline Realty, Inc. License #663261

Coastline Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,364

Year Built

  • Built in 1985

Lot Details

  • 1.49

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,293 Sq Ft Home
  • 4-Story Property
  • Furnished or left unfurnished upon request
  • Screened Porch
  • Intracoastal Views
  • Security Lights
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts an intracoastal waterway

Listing and Financial Details

  • Assessor Parcel Number 61434435260003050

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, pool(s), roof, sewer, trash, water
  • Lakewood Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Fitness Center
  • Community Pool
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,364

Year Built

Built in 1985

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: AIA North of Ocean Avenue, Building on Left (Intracoastal side)
  • Year Built: 1985
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Living Area: 1293.0
  • Stories: 4

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, Two or More Spaces

Utilities

  • Security: Security Lights
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 550.0
  • Community Features: Boat Facilities, Non-Gated, Park, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Pool(s), Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 61434435260003050
  • Zoning Description: (City) M
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3364.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Apr 5, 2021
Sold by
Pellegrini Vincent
Bought by
305 South Ocean Blvd Llc
Seller's Agent
Linda Shea
Keller Williams Realty - Welli
Buyer's Agent
Pete Muller
Coastline Realty, Inc.
List Price
$359,000
Sold Price
$330,000
Premium/Discount to List
-$29,000
-8.08%
Current Estimated Value
$487,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,991
Avg. Annual Appreciation
9.99%

Purchase Details

Closed on
Jun 23, 2017
Sold by
Yany Antonia
Bought by
Pellegrini Vincent

Purchase Details

Closed on
Jun 27, 2003
Sold by
Palladino Robert D and Palladino Jennifer
Bought by
Yany Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2002
Sold by
Krauss Ray H and Krauss Diane E
Bought by
Palladino Robert D and Palladino Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,015
Interest Rate
8.5%

Purchase Details

Closed on
Oct 18, 2000
Sold by
Soltesz Ferencz
Bought by
Krauss Ray H and Krauss Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,800
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1998
Sold by
Soltesz Ethel K
Bought by
Soltesz Ferencz
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
305 South Ocean Blvd Llc $330,000 First American Title Ins Co
Pellegrini Vincent $180,000 Attorney
Yany Antonia $220,000 Universal Land Title Inc
Palladino Robert D $165,900 Universal Land Title Inc
Krauss Ray H $133,500 --
Soltesz Ferencz $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pellegrini Vincent $100,000
Previous Owner Yany Antonia $100,000
Previous Owner Palladino Robert D $141,015
Previous Owner Soltesz Ferencz $106,800
Previous Owner Soltesz Ferencz $106,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $330,000 -8.1% $255 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
10/21/2020 10/21/20 For Sale $359,000 0.0% $278 / Sq Ft
02/01/2012 02/01/12 Rented $1,200 -11.1% --
01/02/2012 01/02/12 Under Contract -- -- --
08/12/2011 08/12/11 For Rent $1,350 -- --
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 $7,618 $375,463 -- --
2023 $7,215 $341,330 $0 $0
2022 $6,396 $310,300 $0 $0
2021 $5,731 $270,000 $0 $270,000
2020 $3,413 $199,105 $0 $0
2019 $3,394 $194,629 $0 $0
2018 $3,224 $191,000 $0 $191,000
2017 $4,989 $246,000 $0 $0
2016 $4,654 $199,100 $0 $0
2015 $4,244 $181,000 $0 $0
2014 $3,938 $166,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Shea

    Seller's Agent in 2021

    Linda Shea

    Keller Williams Realty - Welli

    (561) 379-3503

    2 in this area

    33 Total Sales

    Linda Shea
    Section Image
  • Pete Muller

    Buyer's Agent in 2021

    Pete Muller

    Coastline Realty, Inc.

    (561) 254-8925

    4 in this area

    19 Total Sales

    Pete Muller
    Section Image
  • Janine Tompkins

    Seller's Agent in 2012

    Janine Tompkins

    Lang Realty - Boynton Beach

    1 in this area

    8 Total Sales

    Janine Tompkins
    Section Image

  • C

    Buyer's Agent in 2012

    Charles Goldstein

    LAER Realty Partners Bowen/Wellington

See All Agents

Map

Source: BeachesMLS

MLS Number: R10665069

BeachesMLS

APN: 62-43-44-35-26-000-3050

Florida Palm Beach County Palm Beach 33462

3525 S Ocean Blvd Unit 3050, Palm Beach, FL

This home is located at 3525 S Ocean Blvd Unit 3050, Palm Beach, FL 33480 since 21 October 2020 and is currently estimated at $487,991, approximately $377 per square foot. This property was built in 1985. 3525 S Ocean Blvd Unit 3050 is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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