NOT LISTED FOR SALE

424 Chilean Ave Unit 2 Palm Beach, FL 33480

Estimated Value: $6,510,000 - $7,899,000

2 Beds
2 Baths
750 Sq Ft
$9,606/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Garden View
  • Porch
  • Palm Beach Public School Rated A-
  • Balcony
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2024

Charming apartment lives like a house. Two blocks from Worth Avenue, close to beaches and bike trail. Beautiful private 280 sq. ft. terrace.

Last Agent to Rent the Property

LAURA JOHNSTON

The Corcoran Group License #3453134 Listed on: 10/02/2024

The Corcoran Group

Co-Listed By

Mia Morrison

Douglas Elliman License #3077087

Last Renter's Agent

Alexis Waller

Brown Harris Stevens of PB License #3411126

Brown Harris Stevens of PB

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1950

Lot Details

  • West Facing Home
  • Paved or Partially Paved Lot

Parking

  • Open Parking

Interior Spaces

  • 750 Sq Ft Home
  • 2-Story Property
  • Garden Views
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $5,000
  • Property Available on 11/1/24
  • Assessor Parcel Number 50434323050120410

Community Details

Overview

  • 4 Units
  • Royal Park Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1950

Lot Details

0 Sq Ft Lot

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance
  • Available Date: 2024-11-01
  • Security Deposit: 5000.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Apartment
  • Property Sub Type Additional: Apartment
  • Directions: Head East on Okeechobee into Palm beach. Take a right at first light, go three blocks to Chilean building on left.
  • Year Built: 1950
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: None, Tub Shower
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Wood
  • Living Area: 750.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Direction Faces: West
  • Patio And Porch Features: Covered, Porch, Balcony

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open, See Remarks

Utilities

  • Laundry Features: None
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Sidewalks
  • Senior Community: No
  • Pets Allowed: Pet Restrictions, Yes

Lot Info

  • Parcel #: 50434323050120410
  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2015
Sold by
Double L Family Limited Partnership
Bought by
Chilean Apartments Llc
Current Estimated Value
$7,204,500
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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Purchase History

Date Buyer Sale Price Title Company
Chilean Apartments Llc $545,413 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2024 10/17/24 Rented $4,000 -4.8% --
10/17/2024 10/17/24 Under Contract -- -- --
10/01/2024 10/01/24 For Rent $4,200 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $35,365 $2,374,940 -- --
2024 $35,365 $2,159,036 -- --
2023 $45,842 $1,962,760 $0 $0
2022 $36,761 $1,784,327 $0 $0
2021 $31,436 $2,073,647 $2,062,500 $11,147
2020 $26,360 $1,480,591 $1,470,000 $10,591
2019 $24,597 $1,340,591 $1,330,000 $10,591
2018 $25,177 $1,422,249 $1,413,629 $8,620
2017 $23,528 $1,291,399 $1,285,117 $6,282
2016 $22,682 $1,253,453 $0 $0
2015 $20,549 $1,090,826 $0 $0
2014 $19,038 $991,947 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11025850

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-23-05-012-0410

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