NOT LISTED FOR SALE

Estimated Value: $246,295 - $442,000

2 Beds
2 Baths
1,204 Sq Ft
1974 Built

Sale Details

Date Sold: April 10, 2023

Last sale price $300,000 $249 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,211 / mo

61 Days on Market

Highlights

  • Community Beach Access
  • Property fronts an intracoastal waterway
  • Clubhouse
  • Ocean View
  • Sitting Area In Primary Bedroom
  • Outdoor Living Area

About This Home

As of April 2023

Located on the barrier island of South Palm Beach, Southgate Condominium is well-known for it's beautifully landscaped gardens and art deco style fountain. Situated on the Intracoastal side of A1A, Southgate residents have private beach access and a community pool with Intracoastal views. This 4th floor condo in the A Building is a FIXER UPPER IN ORIGINAL CONDITION and priced accordingly. The floor plan offers a nice flow for entertaining from the foyer to the kitchen with pass through to the dining area, and the adjoining living room space which opens up to the balcony. Split bedrooms. Primary Bedroom ensuite opens up to balcony, and features sitting area, wall closets, and bathroom with combo tub/shower. East facing windows have peak views of ocean.

Last Agent to Sell the Property

Susan Fleming

Illustrated Properties LLC Brokerage Phone: 561-714-6220 License #3068000 Listed on: 02/01/2023

Illustrated Properties LLC

Last Buyer's Agent

Robert Abramson

Partnership Realty Inc. License #3442055

Partnership Realty Inc.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,942

Year Built

  • Built in 1974

Lot Details

  • East Facing Home

HOA Fees

  • $910 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Garden

Home Design

  • Entry on the 4th floor
  • Fixer Upper

Interior Spaces

  • 1,204 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62434435090004370

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, sewer, trash, water
  • Southgate Condo Subdivision
  • 5-Story Property

Amenities

  • Clubhouse
  • Elevator
  • Secure Lobby
  • Community Storage Space

Recreation

  • Community Beach Access
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,942

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$910 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Located on A1A between the Lantana and Lake Worth Beach bridges.
  • Year Built: 1974
  • Entry Level: 4
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Sitting Area in Primary, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Entry Level Living Area Y
  • Flooring: Carpet, Ceramic Tile, Linoleum
  • Living Area: 1204.0
  • Stories: 5
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Garden, Ocean
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Covered, Balcony
  • Property Condition: Resale, Fixer

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: None
  • Security: Security System, Lobby Secured
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Individual
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 910.0
  • Pets Allowed: No
  • Community Features: Property Manager On-Site
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access, Clubhouse, Pool, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Sewer, Trash, Water

Lot Info

  • Parcel #: 62434435090004370
  • Mobile Dim Units: Feet
  • Zoning: R-2(ci

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3941.68

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Apr 7, 2023
Sold by
Bought by
Seller's Agent
Susan Fleming
Illustrated Properties LLC
Buyer's Agent
Robert Abramson
Partnership Realty Inc.
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
267
Current Estimated Value
$350,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,324
Avg. Annual Appreciation
4.78%
Original Mortgage
$225,000
Outstanding Balance
$216,548
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$133,776

Purchase Details

Closed on
Dec 20, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 Home Partners Title Services
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/10/2023 04/10/23 Sold $300,000 -7.7% $249 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $325,000 -- $270 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,495 $191,000
2024 $4,495 $265,000
2023 $4,627 $205,700 $0 $0
2022 $3,942 $187,000 $0 $0
2021 $3,644 $170,000 $0 $170,000
2020 $3,467 $160,000 $0 $160,000
2019 $3,546 $160,000 $0 $160,000
2018 $3,437 $160,000 $0 $160,000
2017 $3,236 $150,000 $0 $0
2016 $2,993 $131,000 $0 $0
2015 $2,961 $125,000 $0 $0
2014 $2,735 $114,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10862825

BeachesMLS (Greater Fort Lauderdale)

APN: 62-43-44-35-09-000-4370

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