$380,000
SOLD FEB 18, 2021
1 Bed
1 Bath
900 Sq Ft
$1,198/mo HOA Fee

Recently Sold

$422 Per Sq Ft

372 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Gas Heated Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Home Gym

About This Home

As of February 2021

LEAST EXPENSIVE UNIT AT ICONIC PALM BEACH TOWERS !!! Spacious 2nd floor 900 sqft pied-a-terre offering wide open space and exquisite views of the dazzling Royal Poinciana Plaza and its magnificent landmark canopy tree. Expansive, open and bright living room dining room. Lots of closet space. Easy in and out access to building from the end of the hallway stairs and down to parking space. Resort style living in the heart of Palm Beach ! Very large pool on the Intracoastal. Incredible amenities and services such as valet parking, door person, library, fitness center, exercise classes, day dock, newly re-opened Tower 44 restaurant, movie theater. Maintenance includes cable HDTV, wireless internet, electricity, water, sewer, garbage, local phone. Walking distance to supermarket, luxury shops and restaurants. 20 minutes from airport in Ideal location.

Last Agent to Sell the Property

Suzanne Stoll

Sotheby's International Realty, Inc. License #3076616 Listed on: 12/23/2019

Sotheby's International Realty, Inc.

Last Buyer's Agent

Cappy Abraham

Palm Beach Residential Properties, LLC License #CQ1021371

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $5,501

Year Built

  • Built in 1956

Lot Details

  • North Facing Home

HOA Fees

  • $1,198 Monthly HOA Fees

Parking

  • 1 Parking Space

Interior Spaces

  • 900 Sq Ft Home
  • Window Treatments
  • Dining Area
  • Home Gym
  • Tile Flooring

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322180001040

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water, (see remarks)
  • 277 Units
  • Pb Towers Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$5,501

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,198 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: North bridge into Palm Beach, turn left at the light,. The building is on your right after Royal Poinciana Plaza.
  • Building Name: PB Towers
  • Year Built: 1956
  • Location Tax Legal:Name of Building: PB Towers
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 5501.0
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1197.88
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 277
  • General Property Description:_pound_ Floors: 6.0
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Pool:Heated - Gas: Yes
  • Pets:Pets Allowed: No
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Cable, Wndw Trmnts Included
  • Stories: 6
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Gas
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Exterior Features: Elevator, Exercise Room, Lobby
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water, Other (See Remarks)

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434322180001040
  • Zoning: R-C - Medium Density

Multi Family

  • Number Of Units Total: 277
  • Maintenance Expense: 1197.88

Tax Info

  • Tax Annual Amount: 5501.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2019
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 International Realty, Inc.
Buyer's Agent
Cappy Abraham
Palm Beach Residential Properties, LLC
List Price
$380,000
Sold Price
$380,000
Total Days on Market
372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.64%

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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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $380,000 First American Title Ins Co
Warranty Deed $160,000 --
Deed $95,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2025 05/11/25 Pending -- -- --
03/25/2025 03/25/25 Price Changed $1,775,000 -9.0% $1,553 / Sq Ft
03/21/2025 03/21/25 For Sale $1,950,000 0.0% $1,706 / Sq Ft
03/05/2025 03/05/25 Off Market $1,950,000 -- --
11/21/2024 11/21/24 For Sale $1,950,000 +413.2% $1,706 / Sq Ft
02/18/2021 02/18/21 Sold $380,000 +8160.9% $422 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
01/07/2020 01/07/20 For Rent $4,600 -69.3% --
01/07/2020 01/07/20 Rented $15,000 0.0% --
12/23/2019 12/23/19 For Sale $380,000 -- $422 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $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: Palm Beach Board of REALTORS®

MLS Number: 19-2513

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