$1,650,000
SOLD JUN 30, 2025
1 Bed
1 Bath
1,143 Sq Ft
1956 Built

Sale Details

Date Sold: June 30, 2025

$1,444 Per Sq Ft

15% Below List Price

177 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Heated In Ground Pool
  • Putting Green

About This Home

As of June 2025

Fabulous move in ready Pied-à-terre condo with tree top lush views from a wall of windows. Renovated bath & kitchen (2022) has top of the line appliances: BERTAZZONI range, LIEBHERR refrigerator, FRANKE sink, COVE dishwasher, TOTO toilet & ROHL faucets & Cherry Cabinets. Easy to add a 2nd bathroom & bedroom. Your parking space is one flight down & short walk thru gate to the Royal Poinciana Plaza for dining, shopping & Publix. PB Towers has newly updated lobby & hallways plus amazing amenities including an in-house restaurant run by Bice with room & pool service, Resort style pool & putting green with intracoastal views of downtown West Palm Beach, gym, movie theatre, Woody Michleb salon, library, tailor, post office, valet & more. Maintenance includes electricity. Debt free building too!

Last Agent to Sell the Property

Catherine Applegate

Douglas Elliman License #3406546 Listed on: 03/20/2025

Douglas Elliman

Last Buyer's Agent

Catherine Applegate

Douglas Elliman License #3406546 Listed on: 03/20/2025

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,514

Year Built

  • Built in 1956

Lot Details

  • North Facing Home

HOA Fees

  • $1,663 Monthly HOA Fees

Interior Spaces

  • 1,143 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Carpet
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • Assigned Parking

Pool

  • Heated In Ground Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434322180001040

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, pest control, sewer, trash, water
  • Palm Beach Towers Cond Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Community Library
  • Elevator
  • Secure Lobby
  • Bike Room

Recreation

  • Recreation Facilities
  • Putting Green

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,514

Year Built

Built in 1956

Lot Details

0 Sq Ft Lot

HOA Fees

$1,663 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East Okeechobee - Left on Cocoanut Row - Building less than a mile on left.
  • Year Built: 1956
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Separate Shower
  • Main Level Bedrooms: 1
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Other
  • Living Area: 1143.0
  • Stories: 6
  • Window Features: Blinds

Exterior Features

  • View: Other
  • Pool Features: Heated, In Ground, Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Concrete
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

  • Open Parking Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Security System, Lobby Secured, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1662.51
  • Pets Allowed: No
  • Community Features: Property Manager On-Site
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Library, Pool, Putting Green(s), Recreation Facilities, Restaurant, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434322180001040
  • Mobile Dim Units: Feet
  • Zoning: R-D(2)

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8514.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
Jun 30, 2025
Sold by
Albahary Albert Scott and Albahary Doreen D
Bought by
Elizabeth Ruth Ferritto Trust and Ferritto
Seller's Agent
Catherine Applegate
Douglas Elliman
Buyer's Agent
Catherine Applegate
Douglas Elliman
List Price
$1,950,000
Sold Price
$1,650,000
Premium/Discount to List
-$300,000
-15.38%
Views
12
Current Estimated Value
$1,672,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,782
Avg. Annual Appreciation
1.87%

Purchase Details

Listed on
Jan 8, 2020
Closed on
Feb 4, 2021
Sold by
Demontigny Yves B
Bought by
Albahary Albert Scott and Albahary Doreen D
Seller's Agent
Suzanne Stoll
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Cappy Abraham
Palm Beach Residential Properties LLC
List Price
$475,000
Sold Price
$380,000
Premium/Discount to List
-$95,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.94%

Purchase Details

Closed on
Jul 23, 2004
Sold by
Told William H and Hern George L
Bought by
Demontigny Yves B

Purchase Details

Closed on
Jan 12, 1998
Sold by
Pr Joseph Weiss
Bought by
Told William H
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,650,000 None Listed On Document
Warranty Deed $1,650,000 None Listed On Document
Warranty Deed $380,000 First American Title Ins Co
Warranty Deed $160,000 --
Deed $95,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2025 06/30/25 Sold $1,650,000 -7.0% $1,444 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
03/25/2025 03/25/25 Price Changed $1,775,000 -9.0% $1,553 / Sq Ft
03/20/2025 03/20/25 For Sale $1,950,000 +18.2% $1,706 / Sq Ft
02/18/2025 02/18/25 Off Market $1,650,000 -- --
11/20/2024 11/20/24 For Sale $1,950,000 +413.2% $1,706 / Sq Ft
02/16/2021 02/16/21 Sold $380,000 +2433.3% $422 / Sq Ft View Prior Sale
01/17/2021 01/17/21 Pending -- -- --
02/02/2020 02/02/20 Rented $15,000 0.0% --
01/07/2020 01/07/20 For Sale $475,000 0.0% $528 / Sq Ft
01/03/2020 01/03/20 Under Contract -- -- --
12/24/2019 12/24/19 For Rent $15,000 -- --
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 $8,514 $605,671 -- --
2024 $8,514 $588,602 -- --
2023 $8,311 $571,458 $0 $0
2022 $8,303 $554,814 $0 $0
2021 $6,021 $374,814 $0 $374,814
2020 $5,826 $374,814 $0 $374,814
2019 $5,520 $352,600 $0 $352,600
2018 $5,083 $352,600 $0 $352,600
2017 $4,761 $322,600 $0 $0
2016 $4,044 $206,360 $0 $0
2015 $3,458 $187,600 $0 $0
2014 $3,504 $187,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11039110

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-22-18-000-1040

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