NOT LISTED FOR SALE

401 Peruvian Ave Unit 3010 Palm Beach, FL 33480

Estimated Value: $1,050,000 - $1,500,000

1 Bed
1 Bath
715 Sq Ft
$1,822/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $1,150,000 $1,608 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,047/month

Highlights

  • Outdoor Pool
  • Contemporary Architecture
  • High Impact Windows
  • Palm Beach Public School Rated A-
  • Balcony
  • Tile Flooring

About This Home

As of August 2024

The perfectly placed pied-a-terre. 401 Peruvian sits at the corner of Cocoanut Row and Peruvian Ave, just steps to Worth Avenue and the Town Docks.
A worry-free one bedroom/one bath that has just gotten a cheery refresh by it's owner, a nationally renowned decorator.
Owners are willing to accept a lease as short as 3 months and are flexible on which months are taken.
Looking for a fun in-town getaway from Wellington or Hobe Sound? This is your spot!

Last Agent to Rent the Property

Lisa Cregan

Sotheby's International Realty, Inc. License #SL-3389810 Listed on: 04/26/2024

Sotheby's International Realty, Inc.

Co-Listed By

John Cregan

Sotheby's International Realty, Inc. License #3439962

Last Renter's Agent

Jeffrey Cloninger

Sotheby's International Realty, Inc. License #BK-619094

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $13,677

Year Built

  • Built in 1963

Lot Details

  • Southwest Facing Home

Parking

  • 1 Parking Space

Home Design

  • Contemporary Architecture

Interior Spaces

  • 715 Sq Ft Home
  • 4-Story Property

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $5,000
  • Rent includes cable TV, water, sewer
  • Ask Agent About Lease Term
  • Seasonal Lease Term
  • Assessor Parcel Number 50434327390003010

Community Details

Overview

  • Front Yard Maintenance
  • 17 Units
  • Peruvian Terrace Community
  • On-Site Maintenance

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool
  • Pool Services

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$13,677

Year Built

Built in 1963

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays
  • Pets Other: ESA only

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: N/A
  • Directions: from Middle Bridge make 1st right on to South Lake, then left on to Peruvian Ave. Building is on your left at corner of Cocoanut Row.
  • Architectural Style: Contemporary
  • Building Name: Peruvian Terrace
  • Year Built: 1963
  • Location Tax Legal:Name of Building: Peruvian Terrace
  • General Property Description:Living Area: 715.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Units in Complex: 17
  • General Property Description:_pound_ Floors: 4.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Contract Information:Deposit Amount: 5000.0
  • Pets:Pets Allowed: Pets w/Restrictions
  • Exposure of Unit:West2: Yes
  • Laundry:Laundry in Bldg: Yes
  • Utilities Included:Basic Cable TV: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • Floors:StoneBrick: Yes
  • Services Included:Trash Removal: Yes
  • Services Included:Yard Services: Yes
  • Lease Type:Seasonal: Yes
  • Lease Type:Off Season: Yes
  • Services Included:Pool Services: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Oven-Single, Microwave
  • Total Bedrooms: 1
  • Flooring: Stone/Brick, Tile
  • Interior Amenities: Cable, Smoke Alarms
  • Living Area: 715.0
  • Stories: 4
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Smoke Alarms2: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Impact Windows, Elevator
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Bldg
  • Security: No Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Water, Sewer
  • Amenities: Trash Removal, Pool Services, Yard Services

Lot Info

  • Parcel #: 50434327390003010

Multi Family

  • Number Of Units Total: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2023
Closed on
Sep 13, 2023
Sold by
Salvador Jan
Bought by
Morgan Jeff
Seller's Agent
BETH MENDILLO
The Corcoran Group
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%
Views
26
Current Estimated Value
$1,302,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,846
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Dec 9, 2020
Sold by
Daniele Donna
Bought by
Salvador Jan

Purchase Details

Closed on
Jun 15, 2004
Sold by
Mittica Salvatore
Bought by
Daniele Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2001
Sold by
Mittica Salvatore and Mittica Natalina
Bought by
Mittica Salvatore and The Mittica Family Trust

Purchase Details

Closed on
Jun 2, 2000
Sold by
Lemon Alisa and Lemon Thomas
Bought by
Mittica Salvatore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 1998
Sold by
Eugene And Myra C Masson Trs
Bought by
Lawson Alisa D

Purchase Details

Closed on
May 3, 1996
Sold by
Tamasi Guy and Tamasi Sabine
Bought by
Masson Eugene and Masson Myra C

Purchase Details

Closed on
Nov 30, 1994
Sold by
Braswell Pearl E
Bought by
Tamasi Guy and Tamasi Sabine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.82%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morgan Jeff $1,150,000 None Listed On Document
Salvador Jan $615,000 First American Title Ins Co
Daniele Donna $325,000 --
Mittica Salvatore -- --
Mittica Salvatore $168,000 --
Lawson Alisa D $143,000 --
Masson Eugene $120,000 --
Tamasi Guy $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniele Donna $243,750
Previous Owner Masson Eugene $100,000
Previous Owner Tamasi Guy $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2024 08/17/24 Rented $10,000 0.0% --
04/26/2024 04/26/24 For Rent $10,000 0.0% --
09/14/2023 09/14/23 Sold $1,150,000 -11.2% $1,608 / Sq Ft View Prior Sale
08/18/2023 08/18/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $1,295,000 +12.6% $1,811 / Sq Ft
05/25/2023 05/25/23 Off Market $1,150,000 -- --
05/01/2023 05/01/23 Price Changed $1,440,000 -6.8% $2,014 / Sq Ft
03/05/2023 03/05/23 For Sale $1,545,000 -- $2,161 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $13,677 $890,000 -- --
2023 $5,132 $323,087 $0 $0
2022 $5,157 $313,677 $0 $0
2021 $5,226 $304,541 $0 $0
2020 $5,222 $295,571 $0 $0
2019 $5,207 $288,926 $0 $0
2018 $4,916 $283,539 $0 $0
2017 $4,932 $277,707 $0 $0
2016 $4,777 $271,995 $0 $0
2015 $4,925 $270,104 $0 $0
2014 $4,941 $267,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-737

APN: 50-43-43-27-39-000-3010