NOT LISTED FOR SALE

Estimated Value: $1,179,000 - $1,784,000

2 Beds
2.5 Baths
2,566 Sq Ft
$1,443/mo HOA Fee

Last Sold July 22, 2021

Last sale price $1,062,500 $414 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $11,066/month

88 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • Great Room
  • Fitness Center
  • Marble Flooring
  • Community Pool

About This Home

As of July 2021

Flagler Landing is an exclusive, secure, waterfront community that offers stunning views of the Intracoastal and the Mega Yachts of Rybovich Marina. This elegant penthouse unit is directly accessible from the garage via a private elevator that opens to the foyer and entrance. The stunning views and spaciousness include two bedrooms plus a large office (3rd bedroom), over 2,500 SF of living space. Two 40' x 18' dock slips available for purchase. Approved WPB redevelopment will raise property values. See documents.

Last Agent to Sell the Property

Charles Siebrecht

Professional Real Estate Advisors, LLC License #3468167 Listed on: 03/25/2021

Co-Listed By

India Cavanaugh

Blue Ocean Realty LLC License #3426299

Last Buyer's Agent

Jenna Steffens

Douglas Elliman License #3329646

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,718

Year Built

  • Built in 2007

Lot Details

HOA Fees

  • $1,443 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Garage Door Opener

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 2,566 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Marble Flooring
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

  • Home Security System
  • Security Lights

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434310350024030

Community Details

Overview

  • Association fees include common areas, roof
  • Flagler Landing Subdivision

Recreation

Security

  • Gated with Attendant
  • Card or Code Access
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,718

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,443 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 3920 N FLAGLER DR 403WEST PALM BEACH
  • Year Built: 2007
  • Entry Level: 4
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Entrance Foyer, Elevator, Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 2566.0
  • Dining Room Type: Great Room
  • Stories: 4

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Covered, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Gated with Guard, Key Card Entry, Security Guard, Security Lights, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 1443.0
  • Community Features: Gated, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Roof

Lot Info

  • Parcel #: 74434310350024030
  • Zoning Description: RPD

Rental Info

  • Security Deposit: 100.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12718.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Jul 22, 2021
Sold by
Farahmandfar Saeed and Syed Baqir M
Bought by
Joseph Louis T and Joseph Denise O
Seller's Agent
Charles Siebrecht
Professional Real Estate Advisors, LLC
Buyer's Agent
Jenna Steffens
Douglas Elliman
List Price
$1,300,000
Sold Price
$1,062,500
Premium/Discount to List
-$237,500
-18.27%
Current Estimated Value
$1,481,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,625
Avg. Annual Appreciation
8.74%
Original Mortgage
$1,025,000
Outstanding Balance
$934,871
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$574,551

Purchase Details

Closed on
May 30, 2007
Sold by
Flagler Landing Lp
Bought by
Syed Baqir M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,916
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Joseph Louis T $1,062,500 Attorney
Syed Baqir M $769,896 Holden Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Louis T $1,025,000
Previous Owner Syed Baqir M $615,916
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $1,062,500 -18.3% $414 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $1,300,000 0.0% $507 / Sq Ft
09/05/2014 09/05/14 For Rent $3,850 -7.2% --
09/05/2014 09/05/14 Rented $4,150 -- --
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 $21,254 $1,071,297 -- --
2023 $20,763 $1,040,094 $0 $0
2022 $20,595 $1,009,800 $0 $0
2021 $12,592 $570,000 $0 $570,000
2020 $12,718 $570,000 $0 $570,000
2019 $14,280 $635,000 $0 $635,000
2018 $14,597 $685,000 $0 $685,000
2017 $13,702 $660,000 $0 $0
2016 $13,167 $545,710 $0 $0
2015 $12,035 $496,100 $0 $0
2014 $11,448 $451,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10702589

BeachesMLS

APN: 74-43-43-10-35-002-4030