NOT LISTED FOR SALE

425 Worth Ave Unit 5b Palm Beach, FL 33480

Palm Beach Area

Estimated Value: $6,034,000 - $7,390,000

3 Beds
3 Baths
2,762 Sq Ft
1971 Built

Sale Details

Date Sold: June 1, 2021

Last sale price $5,350,000 $1,937 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $46,589 / mo

24 Days on Market

Highlights

  • Lake View
  • Waterfront
  • Elevator
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of June 2021

Elegance on the Intracoastal. Almost 3,000 square feet on the 5th floor with forever views south across the Everglades lagoon to Everglade Island and beyond. From the north terrace, views across the red tile roofs of palm Beach to the beautiful night time outline of the Breakers towers. Generous spaces for entertaining with parquet floors, dining area, sunroom and 3 bedrooms/3 baths. All in one of the premier white-glove boutique buildings in Palm Beach.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,682

Year Built

  • Built in 1971

Lot Details

  • Waterfront
  • South Facing Home

HOA Fees

  • $3,048 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,762 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring
  • Lake Views

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Seawall
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327680005020

Community Details

Overview

  • 27 Units
  • Villas Inc Subdivision
  • Mandatory home owners association
  • 6-Story Property

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,682

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

HOA Fees

$3,048 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Directions: From West Palm, take Middle bridge onto Royal Palm Way, make first right on to Lake Way. Then turn left onto Peruvian. It is the yellow building, driveway on your right, middle of the block.
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Building Stories: 6
  • Structure Type: Condo
  • Subdivision Name: VILLAS INC
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 5350000
  • Special Features: None
  • Stories: 6

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Pantry, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2762
  • Stories: 6
  • Dining Room Features: Formal Dining
  • Living Room Features: Laundry, Pantry, Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • View: Lake, Lake View
  • Exterior Features: Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Other Structures: Livable
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Awning, Covered, Parking Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Security: Smoke Alarm, Smoke Detector(s), Smoke Detector
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 3048
  • Amenities: Elevator(s), Management On Site
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Buyer Approval Required, Management On Site, Mandatory Hoa, Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 50434327680005020
  • Zoning: R-D(2)

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 36682

Multi Family

  • Number Of Units In Community: 27
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/01/2021 06/01/21 Sold $5,350,000 -9.3% $1,937 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $5,900,000 -- $2,136 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $87,173 $5,815,000
2024 $82,735 $5,516,500
2023 $81,471 $5,128,200 $0 $0
2022 $74,328 $4,662,000 $0 $0
2021 $36,390 $2,152,302 $0 $0
2020 $36,682 $2,122,586 $0 $0
2019 $36,625 $2,074,864 $0 $0
2018 $34,702 $2,036,177 $0 $0
2017 $34,799 $1,994,297 $0 $0
2016 $34,979 $1,953,278 $0 $0
2015 $36,142 $1,939,700 $0 $0
2014 $36,302 $1,924,306 $0 $0
Source: Public Records

Map

Source: MIAMI REALTORS® MLS

MLS Number: R10706277

MIAMI REALTORS® MLS

APN: 50-43-43-27-68-000-5020

Florida Palm Beach County Palm Beach 33480

425 Worth Ave Unit 5b, Palm Beach, FL

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.

MIAMI REALTORS® MLS 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.