NOT LISTED FOR SALE

3525 S Ocean Blvd Unit 411 South Palm Beach, FL 33480

Estimated Value: $398,388 - $474,000

2 Beds
2 Baths
1,204 Sq Ft
$864/mo HOA Fee

Last Sold July 31, 2024

Last sale price $390,000 $324 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,671/month

55 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Impact Glass
  • Property fronts an intracoastal waterway
  • Community Pool
  • Separate Shower in Primary Bathroom

About This Home

As of July 2024

Welcome to this coastal paradise! Live on the picturesque intracoastal with breathtaking partial water views from the patio and indulge in the beach lifestyle with private deeded beach access. This top floor 2-bedroom residence has been tastefully updated. Brand new AC! As you step inside, you'll immediately appreciate the open floor plan that provides a sense of airy sophistication. Secure elevator building which has been freshly painted, a community pool, BBQ area and a boat dock with slips for owners. Small pets are welcome. Located Less Than 15 Minutes From Worth Avenue, Downtown Delray Beach, and PBI. Walking Distance to Publix, trendy shopping and dining, as well as the world renowned EAU Resort & Spa. Come and experience the best of waterfront living in this Lakewood gem!

Last Agent to Sell the Property

Alexandra Herrick

Compass Florida LLC License #3332154 Listed on: 06/05/2024

Compass Florida LLC

Last Buyer's Agent

Magdalena Troczynska

Compass Florida LLC License #3322336

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,894

Year Built

  • Built in 1985

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $864 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,204 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62434435260004110

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, parking, pool(s), roof, water
  • Lakewood At Palm Beach Co Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,894

Year Built

Built in 1985

Lot Details

0

HOA Fees

$864 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1985
  • Entry Level: 4
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1204.0
  • Dining Room Type: Laundry
  • Stories: 4
  • Window Features: Impact Glass

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: 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: 864.0
  • Community Features: Boat Facilities, Non-Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Roof, Water

Lot Info

  • Parcel #: 62434435260004110
  • Zoning Description: R-2(ci

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5894.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 31, 2024
Sold by
Grant Martina
Bought by
Mcadams Brian Francis
Seller's Agent
Alexandra Herrick
Compass Florida LLC
Buyer's Agent
Magdalena Troczynska
Compass Florida LLC
List Price
$435,000
Sold Price
$390,000
Premium/Discount to List
-$45,000
-10.34%
Views
46
Current Estimated Value
$433,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,847
Avg. Annual Appreciation
8.71%
Original Mortgage
$312,000
Outstanding Balance
$309,858
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$119,460

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 22, 2024
Sold by
Rachlin Amy and Goodbye Trust
Bought by
Grant Martina
Seller's Agent
Alexandra Herrick
Compass Florida LLC
Buyer's Agent
Magdalena Troczynska
Compass Florida LLC
List Price
$435,000
Sold Price
$390,000
Premium/Discount to List
-$45,000
-10.34%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$309,858
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$119,460

Purchase Details

Closed on
Dec 10, 2019
Sold by
Rachlin Stephen I
Bought by
Rachlin Stephen I and Goodbye Trust

Purchase Details

Closed on
Jul 31, 2015
Sold by
Berman Brian E
Bought by
Rachlin Stephen I

Purchase Details

Closed on
Apr 15, 2014
Sold by
Fannie Mae
Bought by
Berman Brian E

Purchase Details

Closed on
Jan 23, 2012
Sold by
Cook Tony and Cook Karen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 10, 2001
Sold by
Palladino Giampiero and Palladino Susan
Bought by
Cook Tony and Cook Karen

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
6.87%
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
Mcadams Brian Francis $390,000 Attorneys Key Title
Grant Martina -- Attorneys Key Title
Rachlin Stephen I -- Attorney
Rachlin Stephen I $210,000 Town Title Inc
Berman Brian E $105,000 Bay National Title Company
Federal National Mortgage Association $159,815 First Intl Title Inc
Cook Tony $125,000 Alpine Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcadams Brian Francis $312,000
Previous Owner Cook Karen $185,000
Previous Owner Cook Tony $136,000
Previous Owner Cook Tony $25,000
Previous Owner Cook Tony $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $390,000 -10.3% $324 / Sq Ft
06/05/2024 06/05/24 For Sale $435,000 -- $361 / 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 $6,196 $287,496 -- --
2023 $5,894 $261,360 $0 $0
2022 $5,158 $237,600 $0 $0
2021 $4,604 $216,000 $0 $216,000
2020 $4,417 $206,000 $0 $206,000
2019 $4,106 $186,000 $0 $186,000
2018 $3,795 $176,000 $0 $176,000
2017 $3,817 $176,000 $0 $0
2016 $3,546 $156,000 $0 $0
2015 $3,213 $136,000 $0 $0
2014 $3,360 $141,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alexandra Herrick

    Seller's Agent in 2024

    Alexandra Herrick

    Compass Florida LLC

    (561) 285-4283

    1 in this area

    87 Total Sales

    Alexandra Herrick
    Section Image
  • Magdalena Troczynska

    Buyer's Agent in 2024

    Magdalena Troczynska

    Compass Florida LLC

    (561) 285-4283

    1 in this area

    24 Total Sales

    Magdalena Troczynska
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10993433

BeachesMLS

APN: 62-43-44-35-26-000-4110

Florida Palm Beach County South Palm Beach 33462

3525 S Ocean Blvd Unit 411, South Palm Beach, FL

This home is located at 3525 S Ocean Blvd Unit 411, South Palm Beach, FL 33480 since 05 June 2024 and is currently estimated at $433,847, approximately $360 per square foot. This property was built in 1985. 3525 S Ocean Blvd Unit 411 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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