NOT LISTED FOR SALE

Concordia East 3560 S Ocean Blvd Unit 2 Palm Beach, FL 33480

Estimated Value: $635,054 - $852,000

2 Beds
2 Baths
1,520 Sq Ft
1982 Built

Last Sold November 25, 2020

Last sale price $500,000 $329 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,086/month

Highlights

  • Doorman
  • Fitness Center
  • Billiard Room
  • Ocean Front
  • Furnished
  • Balcony

About This Home

As of November 2021

Enjoy sweeping ocean views from this 2 bedroom / 2 bath apartment located on Palm Beach. Close proximity to Publix, The Eau Hotel & Spa, shopping and restaurants. Available for seasonal lease with a minimum of 5 months. Unit is also available annually for $4,000 a month.

Last Agent to Rent the Property

Joseph Scheerer

Douglas Elliman License #3294010 Listed on: 12/07/2020

Douglas Elliman

Last Renter's Agent

Joseph Scheerer

Douglas Elliman License #3294010 Listed on: 12/07/2020

Douglas Elliman

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,144

Year Built

  • Built in 1982

Lot Details

  • Ocean Front

Parking

  • 1 Car Garage
  • Guest Parking
  • Open Parking
  • Assigned Parking

Interior Spaces

  • 1,520 Sq Ft Home
  • Furnished
  • Tile Flooring

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony
  • Porch

Utilities

  • Central Air
  • No Heating
  • Municipal Trash

Listing and Financial Details

  • Property Available on 5/3/22
  • Assessor Parcel Number 62434435250001002

Community Details

Amenities

  • Doorman
  • Billiard Room

Recreation

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,144

Year Built

Built in 1982

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2022-05-03

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A NORTH OF OCEAN AVE IN S PALM BEACH ON THE OCEAN
  • Year Built: 1982
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1520.0

Exterior Features

  • Exterior Features: Balcony
  • View: Ocean
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Patio And Porch Features: Porch

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Assigned, Guest, Open

Utilities

  • Security: Door Man, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Community Features: Non-Gated, Property Manager On-Site
  • Senior Community: No
  • Amenities: Billiard Room, Fitness Center, Management, Trash
  • Pets Allowed: No

Lot Info

  • Parcel #: 62434435250001002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 25, 2020
Sold by
Vorillas Helen
Bought by
Qlu Ling and Sun Roy
Seller's Agent
Scott Gordon
Douglas Elliman
Buyer's Agent
Joseph Scheerer
Douglas Elliman
List Price
$529,000
Sold Price
$500,000
Premium/Discount to List
-$29,000
-5.48%
Current Estimated Value
$759,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,144
Avg. Annual Appreciation
8.87%
Original Mortgage
$300,000
Outstanding Balance
$270,586
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$475,569

Purchase Details

Closed on
May 13, 2011
Sold by
Tepper Monte
Bought by
Vorillas Peter
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
Qlu Ling $500,000 Producers Title Llc
Vorillas Peter $275,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qlu Ling $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Rented $5,500 -8.3% --
10/04/2021 10/04/21 Under Contract -- -- --
12/07/2020 12/07/20 For Rent $6,000 0.0% --
11/25/2020 11/25/20 Sold $500,000 -5.5% $373 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $529,000 -- $395 / 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 $11,144 $537,724 -- --
2023 $10,574 $488,840 $0 $0
2022 $9,297 $444,400 $0 $0
2021 $8,527 $404,000 $0 $404,000
2020 $7,977 $374,000 $0 $374,000
2019 $7,834 $359,000 $0 $359,000
2018 $6,437 $344,000 $0 $344,000
2017 $7,609 $374,000 $0 $0
2016 $7,257 $307,340 $0 $0
2015 $6,570 $279,400 $0 $0
2014 $5,972 $254,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10676511

BeachesMLS

APN: 62-43-44-35-25-000-1002