NOT LISTED FOR SALE

Le Chateau Royal 3540 S Ocean Blvd Unit 7040 Palm Beach, FL 33480

Estimated Value: $317,039 - $419,000

2 Beds
2 Baths
1,036 Sq Ft
$1,073/mo HOA Fee

Last Sold May 23, 2024

Last sale price $300,000 $290 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,438/month

14 Days on Market

Highlights

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

About This Home

As of May 2024

Experience Beachfront living with this amazing 2-bedroom, 2-bathroom condo! Located in a prime location with stunning ocean views, this condo offers the perfect blend of luxury and affordability. Enjoy the convenience of amenities such as a pool, fitness center, sauna, BBQ area, recreational room, pool table, and direct access to one of the most beautiful beaches is South Florida! The unit features Impact Windows for added security and energy efficiency. With its low price point, this property is a rare find in the area. Don't miss your chance to own a piece of paradise! Close to shopping, dinning and PBI Airport. Furniture is negotiable. No rents first year owned.

Last Agent to Sell the Property

Marcela Garza

United Realty Group Inc. License #3142719 Listed on: 04/22/2024

United Realty Group Inc.

Last Buyer's Agent

Lori Ludwig

Coldwell Banker Realty License #3102808

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,022

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $1,073 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,036 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Property has ocean access
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 62434435040007040

Community Details

Overview

  • Association fees include management, amenities, common areas, cable TV, insurance, ground maintenance, maintenance structure, pest control, pool(s), recreation facilities, reserve fund, water, internet
  • Le Chateau Royal Subdivision
  • Car Wash Area
  • 8-Story Property

Amenities

  • Picnic Area
  • Sauna
  • Billiard Room
  • Laundry Facilities
  • Elevator

Recreation

Security

  • Gated Community
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,022

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,073 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: On A1A between Lake Worth and Lantana Bridges.
  • Year Built: 1974
  • Entry Level: 7
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Living/Dining Room, Elevator
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1036.0
  • Stories: 8
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Barbecue, Security/High Impact Doors
  • View: Ocean
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Beach Access, Ocean Access, Ocean Front, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Underground, Guest, One Space

Utilities

  • Laundry Features: Common Area
  • Security: Elevator Secured, Secured Garage/Parking
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1073.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Laundry, Barbecue, Picnic Area, Pool, Sauna, Trash, Vehicle Wash Area, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Amenities, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Water, Internet

Lot Info

  • Parcel #: 62434435040007040

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5022.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
May 23, 2024
Sold by
Rust Ruediger Walter and Rust Cecilia Angelica
Bought by
Ruthlyn B Rubin Revocable Living Trust and Rubin
Seller's Agent
Marcela Garza
United Realty Group Inc.
Buyer's Agent
Lori Ludwig
Coldwell Banker Realty
List Price
$305,000
Sold Price
$300,000
Premium/Discount to List
-$5,000
-1.64%
Views
51
Current Estimated Value
$356,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,010
Avg. Annual Appreciation
15.12%

Purchase Details

Closed on
Oct 21, 2015
Sold by
Wolniewitz Rodolfo and Wolniewitz Doris
Bought by
Rust Ruediger Walter and Rust Cecilia Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,001
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2004
Sold by
Martin Eugene M
Bought by
Wolniewitz Rodolfo and Wolniewitz Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2004
Sold by
Pease Stephen C and Pease Odette M
Bought by
Martin Eugene M

Purchase Details

Closed on
Jun 20, 2002
Sold by
Bryer Nicole R
Bought by
Pease Stephen C and Pease Odette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1999
Sold by
Wendt Elizabeth
Bought by
Bryer Nicole R

Purchase Details

Closed on
Nov 20, 1995
Sold by
Bisesi Donel V and Bisesi Marla
Bought by
Wendt Elizabeth
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ruthlyn B Rubin Revocable Living Trust $300,000 First International Title
Rust Ruediger Walter $215,000 Assure America Title Company
Wolniewitz Rodolfo $285,000 --
Martin Eugene M $225,000 --
Pease Stephen C $149,000 Fidelity National Title Ins
Bryer Nicole R $102,900 --
Wendt Elizabeth $117,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rust Ruediger Walter $100,001
Previous Owner Wolniewitz Rodolfo $228,000
Previous Owner Pease Stephen C $105,000
Closed Wendt Elizabeth $0
Closed Wendt Elizabeth $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $300,000 -1.6% $290 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $305,000 -- $294 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $5,616 $258,214 -- --
2023 $5,022 $234,740 $0 $0
2022 $4,719 $213,400 $0 $0
2021 $4,145 $194,000 $0 $194,000
2020 $4,184 $194,000 $0 $194,000
2019 $4,494 $204,000 $0 $204,000
2018 $4,383 $204,000 $0 $204,000
2017 $4,161 $189,000 $0 $0
2016 $4,054 $179,000 $0 $0
2015 $3,486 $147,400 $0 $0
2014 $3,198 $134,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcela Garza

    Seller's Agent in 2024

    Marcela Garza

    United Realty Group Inc.

    (954) 605-9113

    1 in this area

    20 Total Sales

    Marcela Garza
    Section Image
  • Lori Ludwig

    Buyer's Agent in 2024

    Lori Ludwig

    Coldwell Banker Realty

    (305) 772-5110

    1 in this area

    28 Total Sales

    Lori Ludwig
    Section Image
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About Le Chateau Royal

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10435848

BeachesMLS (Greater Fort Lauderdale)

APN: 62-43-44-35-04-000-7040

Florida Palm Beach County Palm Beach 33480

3540 S Ocean Blvd Unit 7040, Palm Beach, FL

This home is located at 3540 S Ocean Blvd Unit 7040, Palm Beach, FL 33480 since 22 April 2024 and is currently estimated at $356,010, approximately $343 per square foot. This property was built in 1974. 3540 S Ocean Blvd Unit 7040 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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