NOT LISTED FOR SALE

Estimated Value: $683,000 - $1,166,000

2 Beds
2 Baths
1,414 Sq Ft
$730/mo HOA Fee

Last Sold May 20, 2014

Last sale price $242,500 $171 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $5,886/month

66 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Newly Remodeled
  • Ocean View
  • Fitness Center
  • Clubhouse

About This Home

As of May 2014

VIEWS, VIEWS, VIEWS!!! Every room of this spacious 2 bedroom, 2 bath Portofino South Condo has spectacular views of the Intracoastal Waterway, downtown West Palm Beach and Palm Beach Island. An immaculate residence in original condition and in a building with amenities galore. This special home has the most wonderful ambiance for you to decorate with your design flair. Extra large rooms, with an eat in kitchen overlooking the Intracoastal and a large balcony. You will fall in love with the space and layout and will want to make it yours. Portofino offers a 24 hour doorman, an elegant lobby, stunning landscaped grounds, beautiful resort style pool, convenient waterfront location that is close to everything. Enjoy Florida living in this remarkable condo in one of WPB's finest buildings!

Last Agent to Sell the Property

Tom Davis

Coldwell Banker Realty License #486091 Listed on: 02/12/2014

Coldwell Banker Realty

Last Buyer's Agent

Baris Keser

KSR Properties License #3273596

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,283

Year Built

  • Built in 1971 | Newly Remodeled

Lot Details

HOA Fees

  • $730 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,414 Sq Ft Home
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434334180009080

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pest control, pool(s), roof, sewer, trash, water
  • High-Rise Condominium
  • Portofino South Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Game Room
  • Laundry Facilities
  • Elevator
  • Bike Room

Recreation

  • Fitness Center
  • Trails

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,283

Year Built

Built in 1971 | Newly Remodeled

Lot Details

0

HOA Fees

$730 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Just north of Southern between Flagler Drive and Washington Road.
  • Year Built: 1971
  • Architectural Style: High Rise
  • Entry Level: 1
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Living Area: 1414.0
  • Dining Room Type: Great Room, Storage Room
  • Stories: 12
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Ocean, Water
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: New Construction

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 730.0
  • Community Features: Game Room, Property Manager On-Site
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Laundry, Management, Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Parcel #: 74434334180009080
  • Zoning Description: MF
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1283.0

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2014
Closed on
May 20, 2014
Sold by
Fruchter Roby J
Bought by
Girgis Sherif and Girgis Mary Ann
Seller's Agent
Tom Davis
Coldwell Banker Realty
Buyer's Agent
Baris Keser
KSR Properties
List Price
$251,000
Sold Price
$242,500
Premium/Discount to List
-$8,500
-3.39%
Current Estimated Value
$858,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,480
Avg. Annual Appreciation
11.86%
Original Mortgage
$169,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2013
Sold by
Fruchter Toby J
Bought by
Fruchter Toby J
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
Girgis Sherif $242,500 Sunbelt Title Agency
Fruchter Toby J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Girgis Sherif $169,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2014 05/20/14 Sold $242,500 -3.4% $171 / Sq Ft
04/20/2014 04/20/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $251,000 -- $178 / 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 $7,427 $314,116 -- --
2023 $6,709 $285,560 $0 $382,000
2022 $6,498 $259,600 $0 $0
2021 $5,328 $236,000 $0 $236,000
2020 $5,075 $236,000 $0 $236,000
2019 $4,544 $196,000 $0 $196,000
2018 $4,822 $216,000 $0 $216,000
2017 $4,826 $236,000 $0 $0
2016 $4,293 $186,000 $0 $0
2015 $4,340 $183,000 $0 $0
2014 $4,616 $193,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10016050

BeachesMLS

APN: 74-43-43-34-18-000-9080