NOT LISTED FOR SALE

Estimated Value: $687,000 - $1,384,000

3 Beds
4.5 Baths
2,615 Sq Ft
1986 Built

Last Sold December 05, 2023

Last sale price $725,000 $277 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,761/month

365 Days on Market

Highlights

  • Community Cabanas
  • Fitness Center
  • Clubhouse
  • William T. Dwyer High School Rated A-
  • Gated with Attendant
  • 5-minute walk to Ocean Reef Park

About This Home

As of December 2023

RESORT STYLE LIVING WITH DIRECT OCEAN ACCESS AND SPACE GALORE 3974 N. Ocean Dr. #4, Singer Island, 33404 This is a beautiful and atypically spacious three bedroom, 4 1/2 bath townhome with a large living room leading directly to a full scale patio. The top level is dedicated to a roomy master bedroom and deck with 2 private baths, each with its own oversized closet, and plenty of additional storage space nearby. It's complimented by two nicely scaled downstairs bedrooms each offering its own personal bath and shared patio. This highly desirable location delivers total privacy, a vast common area deck, easy access to pools, spa, hot-tub, tennis, a private restaurant/bar and and just a three minute stroll to the pristine beaches of the Atlantic Ocean. All this comes with additional, value added, high luxury renovations currently approved and in the pipeline. With 2,615 SF living space and total space of 3,350, priced well under $1 million at $775 (or $296 Per Sq Ft), immediate ocean access and a wide range of resort style amenities, we believe this gorgeous, large scale home is perhaps the best luxury value and lifestyle-financial investment on the island. Condo Features Jerusalem stone floor in great room and kitchen Jerusalem stone accent wall in great room 2 GE Stainless Wall Ovens
Whirlpool Stainless Refrigerator and Microwave
Bosch Stainless Dish Washer
GE Dryer Lower left bath renovated- 2 Assigned parking spaces in Underground parking 353 and 366 (next to unit)
2 Master bathrooms- one with walk in shower and other with tub.
2 Master Bedroom Closets Walk in Storage Area Upstairs Amenities 24-hour concierge
On-site restaurant and bar with outside/poolside service available
Two private heated pools, separate adult only and family
(2) Spa whirlpool hot tubs Multiple outside maintenance free gas grills.
Two lighted courts/ Tennis and Pickle ball.
State of the art fitness facility- 1 room for strength training and 1 for cardio Pet Friendly: 2 non-aggressive pets allowed , 20 pound limit each. Dog Walking area.
Covered Patio
Owners lounge/ Game Room
Billiards
Library
Business Center
Ample outside guest parking Bike Storage Maintenance Fee Includes: On site manager and management fees
Security including 24 hour manned gate
Common area, landscaping, pool and roof maintenance
Exterior and Interior Elevators
Trash Removal
Cable
Pest Control
Public Sewer
Water and water treatment
Reserve Funds
SecurityTV Camera
Security|Lobby LOCATION LOCATION LOCATION The Martinique is located just minutes from Jupiter, North Palm Beach, Juno Beach, Palm Beach Gardens, West Palm Beach and Worth Avenue in Palm Beach, 15 minutes from Palm Beach International Airport and just minutes to wonderful restaurants, world famous golfing, shopping and literally thousands of annual cultural and entertainment events. It's also just blocks from the green space of Ocean Reef Park a 12.6-acre 700 feet of beach frontage, saltwater fishing, parking, picnic areas with grills, playground, restrooms and outdoor showers. Just 2.5 miles from John D. MacArthur Beach State Park. Nestled on an Atlantic Ocean barrier island offering 1.6 miles of pristine beach, swimming, snorkeling and much more. Martinique was the brainchild of a French developer known as a pioneer in luxury condominium living. The community has been continually maintained upgraded and renovated. Leasing an option after year one.
Min Days to Lease: 60
Times per year: 2

Last Agent to Sell the Property

Dori McKearn

Compass Florida LLC License #3289084 Listed on: 10/03/2023

Compass Florida LLC

Last Buyer's Agent

Michelle Rinaldi

EXP Realty LLC License #3261809

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,735

Year Built

  • Built in 1986

Lot Details

  • North Facing Home

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 2,615 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Home Security System
  • Breakfast Bar
  • Washer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Bidet
  • Separate Shower in Primary Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 56434222280000040

Community Details

Overview

  • Association fees include cable TV, hot water, ground maintenance, pest control, security, trash, water
  • 219 Units
  • Martinique 2 Condo Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library
  • Elevator
  • Bike Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Trails

Pet Policy

  • Pet Size Limit

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,735

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA Blvd East to N. Ocean Dr.to Singer Island. Gated Community, park at West Tower right after you enter then take the stairs or elevator to the deck area. Townhouse/ Villa #4.
  • MaximumNumberOfPets: 2
  • Year Built: 1986
  • Unit Levels: Multi/Split
  • Pets No Pets Comments: Total Weight Limit Of Pets:20
  • MaximumPetWeight: 20
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Bidet, Bathtub, Living/Dining Room, Multiple En Suite Bathrooms, Soaking Tub, Separate Shower, Upper Level Primary
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Electric Water Heater
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Carpet, Other, Wood
  • Living Area: 2615.0
  • Stories: 2
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Pool Features: Association
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage, Guest

Utilities

  • Laundry Features: Washer Hookup, Inside
  • Security: Security System, Closed Circuit Camera(s), Gated with Guard, Gated Community, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2197.0
  • Community Features: Gated, Property Manager On-Site
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Cabana, Clubhouse, Fitness Center, Library, Pool, Parking, Recreation Facilities, Restaurant, Spa/Hot Tub, Tennis Court(s), Trail(s), Elevator(s)
  • Pets Allowed: Breed Restrictions, Number Limit, Pet Restrictions, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Hot Water, Maintenance Grounds, Pest Control, Security, Trash, Water

Lot Info

  • Parcel #: 56434222280000040
  • Mobile Dim Units: Feet
  • Zoning: RM-20(

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8735.35

Multi Family

  • Number Of Units In Community: 219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Dec 1, 2023
Sold by
Kaye Creekmore Trust
Bought by
Rinaldi Paul and Rinaldi Michelle
Seller's Agent
Dori McKearn
Compass Florida LLC
Buyer's Agent
Michelle Rinaldi
EXP Realty LLC
List Price
$825,000
Sold Price
$725,000
Premium/Discount to List
-$100,000
-12.12%
Views
112
Current Estimated Value
$902,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,972
Avg. Annual Appreciation
11.02%

Purchase Details

Listed on
Feb 16, 2020
Closed on
Aug 28, 2020
Sold by
Kaye Michael Stuart and Creekmore Viviane J
Bought by
Kaye Michael S and Creekmore Vivian J
Seller's Agent
Marilyn D
Illustrated Properties LLC (Co
Buyer's Agent
Isabella Haddock Dekleva Silva
Premier Brokers International
Sold Price
$2,800

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 21, 2016
Sold by
Sperling Benjie
Bought by
Kaye Michael Stuart
Seller's Agent
Carlos Casanueva
Southern Estate Agency, LLC
Buyer's Agent
Dori McKearn
Coldwell Banker Res R E
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%

Purchase Details

Closed on
Mar 1, 2016
Bought by
Kaye Michael S

Purchase Details

Closed on
Jul 17, 2014
Sold by
Logar Tomaz and Cepin Silvestra
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 29, 2003
Sold by
Chafoulias Gus A and Chafoulias Ann C
Bought by
Logar Tomaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 1996
Sold by
Soltanoff Jack
Bought by
Chafoulias Gus A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rinaldi Paul $725,000 Sunbelt Title
Kaye Michael S -- Attorney
Kaye Michael Stuart $370,000 Spirit Title & Escrow Inc
Kaye Michael S $226,100 --
Deutsche Bank National Trust Company $50,100 None Available
Logar Tomaz $400,000 --
Chafoulias Gus A $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Logar Tomaz $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2023 12/05/23 Sold $725,000 -6.5% $277 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $775,000 -1.3% $296 / Sq Ft
05/05/2023 05/05/23 Price Changed $785,000 -4.8% $300 / Sq Ft
11/14/2022 11/14/22 For Sale $825,000 0.0% $315 / Sq Ft
04/08/2022 04/08/22 Rented $5,000 -16.7% --
03/09/2022 03/09/22 Under Contract -- -- --
08/17/2021 08/17/21 For Rent $6,000 +100.0% --
06/01/2021 06/01/21 Rented $3,000 -7.7% --
05/02/2021 05/02/21 Under Contract -- -- --
03/29/2021 03/29/21 For Rent $3,250 -18.8% --
02/10/2021 02/10/21 Rented $4,000 -11.1% --
01/11/2021 01/11/21 Under Contract -- -- --
09/23/2020 09/23/20 For Rent $4,500 +60.7% --
06/30/2020 06/30/20 Rented $2,800 -6.7% --
05/31/2020 05/31/20 Under Contract -- -- --
02/16/2020 02/16/20 For Rent $3,000 -25.0% --
12/27/2018 12/27/18 Rented -- -- --
11/27/2018 11/27/18 Under Contract -- -- --
10/16/2018 10/16/18 For Rent $4,000 0.0% --
06/21/2016 06/21/16 Sold $370,000 -7.5% $141 / Sq Ft View Prior Sale
05/22/2016 05/22/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $399,900 -- $153 / 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
2025 $12,473 $600,000 -- --
2024 $12,473 $600,000 -- --
2023 $10,731 $472,505 $0 $0
2022 $10,114 $429,550 $0 $0
2021 $8,735 $410,000 $0 $410,000
2020 $7,887 $355,000 $0 $355,000
2019 $7,965 $355,000 $0 $355,000
2018 $7,123 $325,000 $0 $325,000
2017 $7,217 $325,000 $0 $0
2016 $7,195 $313,500 $0 $0
2015 $6,649 $285,000 $0 $0
2014 $6,260 $260,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10845807

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-22-28-000-0040