NOT LISTED FOR SALE

425 N Ocean Blvd Unit 2 Boca Raton, FL 33432

Boca Raton Riviera Neighborhood

Estimated Value: $2,226,000 - $2,605,000

4 Beds
4.5 Baths
3,627 Sq Ft
$686/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $1,300,000 $358 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $16,340/month

11 Days on Market

Highlights

  • 43,560 Sq Ft lot
  • Roman Tub
  • Loft
  • Boca Raton Community Middle School Rated A-
  • Marble Flooring
  • High Ceiling

About This Home

As of October 2014

Lcation, Location, Location.Luxury Townhome Villa Located ditectly across from the Ocean. This exclusive development consist of only 4 townhouses/villas right on Ocean boulevard. High ceilings, impact glass and concrete construction. You have your own private pool and guest house.

Last Agent to Sell the Property

Jonathan Postma

Coldwell Banker/BR License #3199367 Listed on: 09/03/2014

Coldwell Banker/BR

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,357

Year Built

  • Built in 2007

Lot Details

  • 1 Acre Lot
  • East Facing Home

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Garage Door Opener

Home Design

  • Concrete Roof

Interior Spaces

  • 3,627 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished or left unfurnished upon request
  • Built-In Features
  • High Ceiling
  • Skylights
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Ice Maker
  • Disposal

Flooring

  • Concrete
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Roman Tub

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434721080000020

Community Details

Overview

  • Association fees include ground maintenance
  • Villas At Red Reef Condo Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,357

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,100 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Take palmetto to A1A head north to the property.
  • Year Built: 2007
  • Carport Y N: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Elevator, Family/Dining Room, Garden Tub/Roman Tub, High Ceilings, Split Bedrooms, Skylights, Walk-In Closet(s), Loft
  • Furnished: Negotiable
  • Appliances: Dryer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Concrete, Marble
  • Living Area: 3627.0
  • Dining Room Type: Den, Family Room, In-Law Suite, Loft
  • Stories: 3
  • Window Features: Skylight(s)

Exterior Features

  • Pool Features: Pool
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Carport Spaces: 1.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 1100.0
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Parcel #: 06434721080000020
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: Multi
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 16357.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2018
Sold by
Lcw Midnight Inc
Bought by
Red Reef Villas Unit 2 Holdings Llc
Current Estimated Value
$2,489,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$840,211
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,733,305

Purchase Details

Closed on
Mar 24, 2017
Sold by
Weiss Spencer
Bought by
Lcw Midnight Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 3, 2014
Closed on
Oct 15, 2014
Sold by
Koeckritz Development Of Boca Raton Ii L
Bought by
Weiss Spencer
Seller's Agent
Jonathan Postma
Coldwell Banker/BR
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
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
Red Reef Villas Unit 2 Holdings Llc $1,018,400 Weston Title & Escrow Inc
Lcw Midnight Inc -- Attorney
Weiss Spencer $1,300,000 Cambridge Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Reef Villas Unit 2 Holdings Llc $950,000
Previous Owner Lcw Midnight Inc $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2014 10/15/14 Sold $1,300,000 0.0% $358 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $1,300,000 -- $358 / 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 $24,491 $1,400,660 -- --
2023 $23,357 $1,273,327 $0 $0
2022 $21,540 $1,157,570 $0 $0
2021 $19,243 $1,052,336 $0 $1,052,336
2020 $18,379 $1,004,480 $0 $1,004,480
2019 $18,485 $981,624 $0 $981,624
2018 $20,238 $1,126,712 $0 $1,126,712
2017 $18,708 $1,024,275 $0 $0
2016 $17,680 $984,058 $0 $0
2015 $18,158 $977,217 $0 $0
2014 $16,278 $828,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Postma

    Seller's Agent in 2014

    Jonathan Postma

    Coldwell Banker/BR

    (561) 843-7828

    1 in this area

    109 Total Sales

    Jonathan Postma
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Map

Source: BeachesMLS

MLS Number: R10069305

BeachesMLS

APN: 06-43-47-21-08-000-0020

Florida Palm Beach County Boca Raton 33432 Boca Raton Riviera

425 N Ocean Blvd Unit 2, Boca Raton, FL

This home is located at 425 N Ocean Blvd Unit 2, Boca Raton, FL 33432 since 03 September 2014 and is currently estimated at $2,489,552, approximately $686 per square foot. This property was built in 2007. 425 N Ocean Blvd Unit 2 is a home located in Palm Beach County with nearby schools including J. C. Mitchell Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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