$820,000
SOLD FEB 1, 2016
3 Beds
2 Baths
1,501 Sq Ft
$1,695/mo HOA Fee

Recently Sold

$546 Per Sq Ft

15 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Home Gym
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Hurricane or Storm Shutters

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

THE FITE GROUP Listed on: 01/05/2016

Last Buyer's Agent

Cappy Abraham

Palm Beach Residential Properties, LLC License #CQ1021371

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $13,508

Year Built

  • Built in 1956

Lot Details

  • West Facing Home

HOA Fees

  • $1,695 Monthly HOA Fees

Interior Spaces

  • 1,501 Sq Ft Home
  • Dining Area
  • Home Gym
  • Hurricane or Storm Shutters

Kitchen

  • Single Oven
  • Electric Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Garage
  • No Garage
  • Open Parking

Pool

  • Outdoor Pool
  • Solar Heated Pool

Additional Features

  • Bulkhead
  • Central Heating and Cooling System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434322180011200

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, trash, sewer, water
  • 272 Units
  • Pb Towers Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$13,508

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,695 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Royal Palm north on Cocoanut Row to property
  • Building Name: PB Towers
  • Garage Yn: Yes
  • Year Built: 1956
  • Location Tax Legal:Name of Building: PB Towers
  • Location Tax Legal:Zoned: 0400
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 13508.0
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 1501.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1695.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 272
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: No
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Pool:Heated Solar: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, W/W Carpeting
  • Living Area: 1501.0
  • Stories: 6
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Heated Solar
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Exterior Features: Seawall/Bulkhead, Storm Shutters, Elevator, Exercise Room, Lobby
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking:Open Parking: Yes
  • Parking:No Garage2: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Trash, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434322180011200
  • Zoning: 0400

Multi Family

  • Number Of Units Total: 272
  • Maintenance Expense: 1695.0

Tax Info

  • Tax Annual Amount: 13508.0
  • Tax Year: 2014

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
-2.87%

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: 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 $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: Palm Beach Board of REALTORS®

MLS Number: 15-2068

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