$775,279 - $1,309,000
RENTED JAN 7, 2025

401 Peruvian Ave Unit 3020 Palm Beach, FL 33480

1 Bed
1 Bath
595 Sq Ft
$1,648 Price per Sq Ft

Highlights

  • Fitness Center
  • Marble Flooring
  • Community Pool
  • Palm Beach Public School Rated A-
  • Furnished
  • Bike Room

About This Home

As of January 2025

Welcome to Peruvian Terrace. This piece of paradise is located just one block off of Worth Avenue, one block from the Palm Beach Marina, and is within walking distance to the beach, restaurants, and all that Palm Beach has to offer. This beautifully renovated 1 bedroom, 1 bath corner pied-a-terre comes complete with a full kitchen, living and dining area, and a balcony. The buildings amenities include a pool, elevator, laundry room, a full-time manager and off-street parking. 3 month minimum rental. Available dates Oct 1, 2024 through May 31, 2025.

Last Agent to Rent the Property

Greg Forest

Sotheby's Intl. Realty, Inc. License #3277489 Listed on: 03/08/2024

Sotheby's Intl. Realty, Inc.

Last Renter's Agent

Maggie King

Coastal Preferred Properties L License #679100

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,904

Year Built

  • Built in 1963

Parking

  • Assigned Parking

Interior Spaces

  • 595 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Marble Flooring
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 10/1/23
  • Assessor Parcel Number 50434327390003020

Community Details

Overview

  • Peruvian Terrace Condo Subdivision

Amenities

  • Laundry Facilities
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,904

Year Built

Built in 1963

Lot Details

0

Rental Info

  • Available Date: 2023-10-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Apartment
  • Property Sub Type Additional: Apartment
  • Year Built: 1963
  • Entry Level: 3
  • Building Stories: 4
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Marble
  • Living Area: 595.0

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Patio And Porch Features: Balcony, Open, Porch

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Laundry, Pool
  • Pets Allowed: No

Lot Info

  • Parcel #: 50434327390003020
  • Lot Size: East of US-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Conway Adrian and Conway Liliana
Bought by
Adrian And Liliana Conway 2023 Revocable Trus and Conway
Current Estimated Value
$980,320

Purchase Details

Closed on
Mar 9, 2021
Sold by
Johnson Thomas K and Breyer Henry W
Bought by
Conway Adrian and Conway Liliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2014
Sold by
Breyer Henry W and Breyer Joanne
Bought by
Breyer Henry W and Henry W Breyer Iii 2013 Revocable Trust

Purchase Details

Closed on
Jan 31, 2007
Sold by
Mccaughey Caroline
Bought by
Breyer Henry W

Purchase Details

Closed on
Aug 31, 2000
Sold by
Barbara Lawless
Bought by
Mccaughey Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.24%
Mortgage Type
New Conventional
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
Adrian And Liliana Conway 2023 Revocable Trus -- None Listed On Document
Conway Adrian $500,000 Premier Title Company Ltd
Breyer Henry W -- Attorney
Breyer Henry W $437,500 Preferred Title Inc
Mccaughey Caroline $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conway Adrian $250,000
Previous Owner Mccaughey Caroline $50,000
Previous Owner Mccaughey Caroline $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2025 01/07/25 Rented $7,995 0.0% --
12/11/2024 12/11/24 Under Contract -- -- --
03/08/2024 03/08/24 For Rent $7,995 +1.2% --
08/30/2023 08/30/23 Rented $7,900 0.0% --
08/30/2023 08/30/23 Under Contract -- -- --
08/04/2023 08/04/23 Price Changed $7,900 -16.8% $13 / Sq Ft
04/26/2023 04/26/23 Price Changed $9,500 +26.7% $16 / Sq Ft
01/17/2023 01/17/23 Price Changed $7,500 -14.3% $13 / Sq Ft
01/04/2023 01/04/23 Price Changed $8,750 -10.3% $15 / Sq Ft
11/15/2022 11/15/22 Price Changed $9,750 -22.0% $16 / Sq Ft
09/16/2022 09/16/22 For Rent $12,500 -- --
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 $10,904 $627,264 -- --
2023 $9,122 $570,240 $0 $0
2022 $8,427 $518,400 $0 $0
2021 $8,037 $470,000 $0 $470,000
2020 $8,160 $470,000 $0 $470,000
2019 $7,923 $470,000 $0 $470,000
2018 $7,274 $470,000 $0 $470,000
2017 $7,013 $460,000 $0 $0
2016 $5,833 $321,200 $0 $0
2015 $5,438 $292,000 $0 $0
2014 $5,506 $266,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10966832

BeachesMLS

APN: 50-43-43-27-39-000-3020