NOT LISTED FOR SALE

4000 S Ocean Blvd Unit 4040 Palm Beach, FL 33480

Estimated Value: $777,000 - $935,000

3 Beds
3.5 Baths
2,115 Sq Ft
$2,430/mo HOA Fee

Last Sold January 08, 2024

Last sale price $750,000 $355 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,868/month

32 Days on Market

Highlights

  • Ocean Front
  • Sauna
  • Elevator
  • Fitness Center
  • Community Pool
  • Separate Shower in Primary Bathroom

About This Home

As of January 2024

Ocean Views & Amazing City Views!Light & Bright, Renovated 3 Bed 3.5 BathCondo in Oceanfront Building. Features include Brand New Open Kitchen, & Bar .New Appliances ,complete with induction cooktop.Perfect For Entertaining! New A/C New Electrical Panel.Building is Pet Friendly. (One small pet under 20 lbs.)Covered Parking, Gated Entry, Facial Recognition.Enjoy Beautiful Sunsets , as well as Fourth Of July Fireworks from your Balcony.Close to Eau Palm Beach Resort &Spa, Airport,Publix, Restaurants & Shopping.RECENTLY APPROVED ASSESSMENT WILL BE PAID IN FULL BY SELLER!

Last Agent to Sell the Property

Robyn Lawson

Lang Realty/Delray Beach License #520018 Listed on: 11/12/2023

Lang Realty/Delray Beach

Last Buyer's Agent

Michelle Zelina

One Sotheby's International Realty License #3545146

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,482

Year Built

  • Built in 1985

Lot Details

  • 0.94

HOA Fees

  • $2,430 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 2,115 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Bar
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Water Views
  • Security Gate

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Washer and Dryer
  • Laundry Tub

Utilities

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

Additional Features

  • Property has ocean access
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 62434435270004040

Community Details

Overview

  • Association fees include management, common areas, cable TV, pest control, pool(s), roof, trash, water
  • La Pensee Condo Subdivision
  • 6-Story Property

Amenities

  • Sauna
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,482

Year Built

Built in 1985

Lot Details

0

HOA Fees

$2,430 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A North of Eau Palm Beach. OceanSide.Please P.ark in Deeded Lot across the street
  • Year Built: 1985
  • Entry Level: 4
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Pantry, Separate Shower, Bar
  • Furnished: Negotiable
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 2115.0
  • Stories: 6
  • Window Features: Blinds

Exterior Features

  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security Gate, Phone Entry, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2430.0
  • Community Features: Non-Gated, Pool, Sauna
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Sauna, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 62434435270004040
  • Lot Size: East of US-1
  • Zoning Description: R-2A(c

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8482.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2023
Closed on
Jan 8, 2024
Sold by
Coscarelli Guiseppe and Coscarelli Maritza
Bought by
Martin Jacqueline
Seller's Agent
Robyn Lawson
Lang Realty/Delray Beach
Buyer's Agent
Michelle Zelina
One Sotheby's International Realty
List Price
$779,000
Sold Price
$750,000
Premium/Discount to List
-$29,000
-3.72%
Views
83
Current Estimated Value
$839,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,836
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Aug 24, 2022
Sold by
Ernsting Meier Norman
Bought by
Coscarelli Giuseppe and Coscarelli Maritza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
5.54%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 1, 2004
Sold by
Viljanen Pekka
Bought by
Meier Norm
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
Martin Jacqueline $750,000 Princeton Title & Escrow
Martin Jacqueline $750,000 Princeton Title & Escrow
Coscarelli Giuseppe $550,000 Producers Title
Meier Norm $310,000 International Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coscarelli Giuseppe $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2024 01/08/24 Sold $750,000 -3.7% $355 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
11/12/2023 11/12/23 For Sale $779,000 -- $368 / 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 $11,618 $585,000 -- --
2023 $11,103 $555,000 $0 $555,000
2022 $8,482 $379,500 $0 $0
2021 $7,296 $345,000 $0 $345,000
2020 $7,366 $345,000 $0 $345,000
2019 $7,209 $330,000 $0 $330,000
2018 $6,778 $340,000 $0 $340,000
2017 $6,117 $280,000 $0 $0
2016 $5,845 $260,000 $0 $0
2015 $5,939 $255,000 $0 $0
2014 $6,226 $265,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10935469

BeachesMLS

APN: 62-43-44-35-27-000-4040