$2,928,500
SOLD MAR 18, 2020

400 Building 400 S Ocean Blvd Unit B Palm Beach, FL 33480

3 Beds
3 Baths
2,732 Sq Ft
$2,167/mo HOA Fee

Recently Sold

$1,072 Per Sq Ft

32% Below List Price

390 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Waterfront
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

As of January 2025

Sunny Penthouse, unusually large in an exceptional building on the ocean, Great amenities and building socials. Recently updated baths, maintenance fee includes building reserves this year. Guest apartments available for building residents.

Last Agent to Sell the Property

Rachel Love Lorentzen

Brown Harris Stevens of PB License #3150088 Listed on: 01/22/2019

Brown Harris Stevens of PB

Last Buyer's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,444

Year Built

  • Built in 1965

HOA Fees

  • $2,167 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 2,732 Sq Ft Home
  • Great Room
  • Marble Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Disposal

Bedrooms and Bathrooms

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Property has ocean access
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 50434326060095020

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, trash
  • High-Rise Condominium
  • Four Hundred So Ocean Blv Subdivision
  • 7-Story Property

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Additional Features

  • Doorman
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,444

Year Built

Built in 1965

Lot Details

0

HOA Fees

$2,167 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Building is located on S Ocean Blvd between Chilean and Peruvian Avenues. To enter head West on Chilean Ave and turn left onto driveway
  • Year Built: 1965
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Electric Range, Disposal, Ice Maker, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Marble
  • Living Area: 2732.0
  • Dining Room Type: Great Room
  • Stories: 7

Exterior Features

  • Pool Features: None
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Door Man, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2167.0
  • Senior Community: No
  • Amenities: Fitness Center
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Trash

Lot Info

  • Parcel #: 50434326060095020
  • Lot Size Sq Ft: 50479.0
  • Zoning Description: R-D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 15444.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2024
Sold by
Ameringer William C and Byrne Kevin G
Bought by
Mcguirk Terence and Mcguirk Nancy
Current Estimated Value
$6,121,339

Purchase Details

Listed on
Jan 22, 2019
Closed on
Mar 16, 2020
Sold by
Pollard Robert
Bought by
Ameringer William C and Byrne Kevin G
Seller's Agent
Rachel Love Lorentzen
Brown Harris Stevens of PB
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$4,300,000
Sold Price
$2,928,500
Premium/Discount to List
-$1,371,500
-31.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%

Purchase Details

Closed on
Mar 13, 1997
Sold by
Mary T Philpit Tr
Bought by
Pollard Cornelia B

Purchase Details

Closed on
Jul 19, 1994
Sold by
Tyack Philipit Mary
Bought by
Philpit Mary T

Purchase Details

Closed on
Feb 25, 1994
Sold by
Rich James T and Rich Florence M
Bought by
Philpit Mary Tyack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
7.02%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,877,600 None Listed On Document
Quit Claim Deed -- Attorney
Deed $2,928,500 Attorney
Warranty Deed $805,000 --
Warranty Deed -- --
Warranty Deed $430,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $322,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $5,877,600 -15.4% $2,934 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $6,950,000 -10.3% $3,470 / Sq Ft
03/01/2024 03/01/24 Price Changed $7,750,000 -2.5% $3,869 / Sq Ft
01/16/2024 01/16/24 For Sale $7,950,000 +171.5% $3,969 / Sq Ft
03/18/2020 03/18/20 Sold $2,928,500 -31.9% $1,072 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
01/22/2019 01/22/19 For Sale $4,300,000 -- $1,574 / 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 $41,940 $2,836,778 -- --
2023 $41,074 $2,754,153 $0 $0
2022 $41,134 $2,673,935 $0 $0
2021 $41,814 $2,596,053 $0 $0
2020 $49,810 $3,000,000 $0 $3,000,000
2019 $16,261 $985,619 $0 $0
2018 $15,437 $967,241 $0 $0
2017 $15,444 $947,347 $0 $0
2016 $15,373 $927,862 $0 $0
2015 $15,896 $921,412 $0 $0
2014 $15,970 $914,099 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10497797

BeachesMLS

APN: 50-43-43-26-06-009-5020