NOT LISTED FOR SALE

Estimated Value: $1,809,000 - $2,119,000

1 Bed
2 Baths
1,500 Sq Ft
$1,954/mo HOA Fee

Last Sold March 15, 2024

Last sale price $1,825,000 $1,217 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $15,004/month

141 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Gunite Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of March 2024

Easy transition into Palm Beach! This exquisite renovation exemplifies style, quality and function. South facing infused with natural light this two bedroom has been converted to a sumptuous one bedroom with 2 full baths, open contemporary kitchen, office area, separate laundry and custom fitted walk-in closets. Features include neutral flooring, motorized solar shades, custom lighting and storage appointed with tasteful finishes throughout. Sought after and newly designed Palm Beach Towers is a 24/7 full service building with a gorgeous lakefront pool, fitness center, beauty salon/spa & a renowned gourmet restaurant offering all day/night dining plus hotel style room service. Nearby to beach, upscale shopping, dining, lake trail, cultural activities & the Breakers Resort.

Last Agent to Sell the Property

Fern Fodiman

Sotheby's Intl. Realty, Inc. License #3229026 Listed on: 10/04/2023

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

John Forgatch

Compass Florida LLC License #3313587

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,252

Year Built

  • Built in 1956

Lot Details

  • 11.21

HOA Fees

  • $1,954 Monthly HOA Fees

Interior Spaces

  • 1,500 Sq Ft Home
  • Built-In Features
  • Sliding Windows
  • Entrance Foyer
  • Open Floorplan
  • Den
  • Garden Views
  • Closed Circuit Camera

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Open Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Gunite Pool

Listing and Financial Details

  • Assessor Parcel Number 50434322180011220

Community Details

Overview

  • Association fees include management, common areas, cable TV, electricity, hot water, insurance, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, sewer, security, trash, water
  • 277 Units
  • Pb Towers Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Game Room
  • Business Center
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Spa
  • Putting Green
  • Trails

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,252

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,954 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Flagler Memorial Bridge to Cocoanut Row south. 44 Cocoanut 1/3 mile on right.
  • Year Built: 1956
  • Entry Level: 122
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Kitchen/Dining Combo, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Other
  • Living Area: 1500.0
  • Dining Room Type: Den, Laundry
  • Stories: 6
  • Window Features: Sliding

Exterior Features

  • View: Garden
  • Pool Features: Gunite, Heated, None
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Open

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1954.0
  • Community Features: Game Room, Non-Gated, Property Manager On-Site, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Business Center, Clubhouse, Fitness Center, Management, Putting Green(s), Spa/Hot Tub, Storage, Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Electricity, Hot Water, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434322180011220
  • Zoning Description: RD-1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4252.0

Multi Family

  • Number Of Units In Community: 277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Mar 15, 2024
Sold by
Goldberg Stephen H and Goldberg Betsy S
Bought by
Marlene Rosenberg Living Trust and Rosenberg
Seller's Agent
Fern Fodiman
Sotheby's Intl. Realty, Inc.
Buyer's Agent
John Forgatch
Compass Florida LLC
List Price
$2,495,000
Sold Price
$1,825,000
Premium/Discount to List
-$670,000
-26.85%
Views
71
Current Estimated Value
$1,991,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,455
Avg. Annual Appreciation
6.08%

Purchase Details

Listed on
Aug 24, 2016
Closed on
Apr 17, 2017
Sold by
Mazzarella Kris A and Mazzarella Anthony R
Bought by
Goldberg Stephen H and Goldberg Betsy S
Seller's Agent
Cappy Abraham
PB Residential Properties
Buyer's Agent
Fern Fodiman
Sotheby's Intl. Realty, Inc.
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.69%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marlene Rosenberg Living Trust $1,825,000 None Listed On Document
Goldberg Stephen H $420,000 Trilogy Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mazzarella Anthony R $77,216
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $1,825,000 -3.9% $1,217 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $1,900,000 -17.2% $1,267 / Sq Ft
01/12/2024 01/12/24 Price Changed $2,295,000 -8.0% $1,530 / Sq Ft
10/04/2023 10/04/23 For Sale $2,495,000 +494.0% $1,663 / Sq Ft
04/19/2017 04/19/17 Sold $420,000 -6.7% $330 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
08/24/2016 08/24/16 For Sale $450,000 -- $354 / 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 $26,635 $1,767,848 -- --
2023 $4,226 $299,371 $0 $0
2022 $4,210 $290,651 $0 $0
2021 $4,276 $282,185 $0 $0
2020 $4,274 $278,289 $0 $0
2019 $4,255 $272,032 $0 $0
2018 $4,038 $266,960 $0 $0
2017 $6,419 $365,400 $0 $0
2016 $6,701 $368,940 $0 $0
2015 $6,106 $335,400 $0 $0
2014 $6,005 $325,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10924910

BeachesMLS

APN: 50-43-43-22-18-001-1220