$820,000
SOLD FEB 1, 2016
3 Beds
2.5 Baths
1,500 Sq Ft
$1,695/mo HOA Fee

Recently Sold

$547 Per Sq Ft

29% Below List Price

87 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Closet Cabinetry
  • Palm Beach Public School Rated A-
  • Sun or Florida Room
  • Entrance Foyer

About This Home

As of June 2023

This beautiful waterfront 3BR/2.5BA condo boasts one of the best locations on Palm Beach with over 1,500 square feet of luxury living situated right over the water on the first floor. The Palm Beach Towers complex offers fabulous amenities including full time valet service, a wonderful restaurant and a huge pool and is a short distance to the best of Palm Beach including the spectacular beaches of the Atlantic Ocean. Move in or renovate. Either way, this unit is outstanding.

Last Agent to Sell the Property

STEPHEN SIMPSON

William Raveis Real Estate License #3085739 Listed on: 10/06/2015

William Raveis Real Estate

Last Buyer's Agent

Cappy Abraham

PB Residential Properties License #3106605

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,508

Year Built

  • Built in 1956

Lot Details

  • West Facing Home

HOA Fees

  • $1,695 Monthly HOA Fees

Interior Spaces

  • 1,500 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Sun or Florida Room
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Open Parking
  • Assigned Parking

Additional Features

  • Solar Heated Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434322180011200

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, pool(s), sewer, security, trash, water
  • Pb Towers Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Public Transportation
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,508

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,695 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Royal Palm north on Cocoanut Row to property
  • Year Built: 1956
  • Carport Y N: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Elevator
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 1500.0
  • Dining Room Type: Family Room, Florida Room
  • Stories: 6

Exterior Features

  • Pool Features: None, Solar Heat
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Open

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1695.0
  • Community Features: Fitness, Public Transportation, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434322180011200
  • Zoning Description: 0400

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 13508.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Jun 30, 2023
Sold by
Sandra E Goldberg Revocable Trust
Bought by
Kelly Williams Revocable Trust and Williams
Seller's Agent
Cappy Abraham
Palm Beach Residential Properties, LLC
Buyer's Agent
Elizabeth Cleckner
The Corcoran Group
List Price
$4,459,000
Sold Price
$4,459,000
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.00%

Purchase Details

Listed on
Jan 5, 2016
Closed on
Jan 26, 2016
Sold by
Platt Jane S
Bought by
Sandra E Goldberg Revocable Trust and Goldberg Sandra E
Seller's Agent
STEPHEN SIMPSON
THE FITE GROUP
Buyer's Agent
Cappy Abraham
Palm Beach Residential Properties, LLC
List Price
$820,000
Sold Price
$820,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.67%

Purchase Details

Closed on
May 23, 2011
Sold by
Walker Kenneth H and Walker Mary
Bought by
Sadowsky Ruth and Ruth Sadowsky Amended & Restated Trust

Purchase Details

Closed on
Apr 2, 2007
Sold by
Berger Richard W
Bought by
Walker Kenneth H and Walker Mary

Purchase Details

Closed on
Mar 29, 2007
Sold by
Mittlemann Marsy B and Mittleman Josef
Bought by
Walker Kenneth H and Walker Mary

Purchase Details

Closed on
Dec 1, 2003
Sold by
Berger Richard W and Mittlemann Marsy B
Bought by
Berger Richard W and Mittlemann Marsy B
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 $4,459,000 Trilogy Title Services
Warranty Deed $820,000 Attorney
Warranty Deed $1,025,000 Attorney
Deed -- Signature Land Title Co Llc
Deed $1,200,000 Signature Land Title Co Llc
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Price Changed $4,225,000 -10.0% $2,815 / Sq Ft
12/30/2024 12/30/24 For Sale $4,695,000 0.0% $3,128 / Sq Ft
06/20/2024 06/20/24 Rented $15,000 0.0% --
05/16/2024 05/16/24 For Rent $15,000 0.0% --
06/30/2023 06/30/23 Sold $4,459,000 0.0% $2,973 / Sq Ft
04/04/2023 04/04/23 For Sale $4,459,000 +443.8% $2,973 / Sq Ft
02/01/2016 02/01/16 Sold $820,000 0.0% $546 / Sq Ft
02/01/2016 02/01/16 Sold $820,000 0.0% $547 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $820,000 -28.7% $546 / Sq Ft
01/02/2016 01/02/16 Pending -- -- --
10/06/2015 10/06/15 For Sale $1,150,000 -- $767 / 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 $56,880 $3,817,848 -- --
2023 $10,337 $725,954 $0 $0
2022 $10,402 $704,810 $0 $0
2021 $10,551 $684,282 $0 $0
2020 $10,814 $674,834 $0 $0
2019 $10,784 $659,662 $0 $0
2018 $10,237 $647,362 $0 $0
2017 $11,986 $739,447 $0 $0
2016 $16,014 $925,400 $0 $0
2015 $13,446 $785,159 $0 $0
2014 $13,508 $778,928 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10173619

BeachesMLS

APN: 50-43-43-22-18-001-1200