NOT LISTED FOR SALE

Palm Beach, FL 33480

Estimated Value: $1,772,000 - $2,955,000

1 Bed
2 Baths
1,500 Sq Ft
1956 Built

Last Sold March 15, 2024

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

Est. 18% increase in value since last sale

Current estimated payment $13,374/month

141 Days on Market

Highlights

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

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

  • South Facing Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Built-In Features
  • Sliding Windows
  • Entrance Foyer
  • Open Floorplan
  • Garden Views
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Pool

  • Gunite Pool
  • Spa

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434322180011220

Community Details

Overview

  • Association fees include common areas, cable TV, electricity, hot water, insurance, ground maintenance, maintenance structure, pest control, sewer, security, trash, water
  • 277 Units
  • Pb Towers Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • 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

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
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Kitchen Island, Kitchen/Dining Combo, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Accessibility Features: Accessibility Features, Customized Wheelchair Accessible, Accessible Approach with Ramp, Accessible Doors, Accessible Hallway(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Entry Location: Entry Level Living Area Y
  • Flooring: Other
  • Living Area: 1500.0
  • Stories: 6
  • Window Features: Sliding

Exterior Features

  • View: Garden
  • Pool Features: Gunite, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Construction Type: Concrete
  • Direction Faces: South
  • Property Condition: Resale

Garage/Parking

  • Open Parking Spaces: 2.0
  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Open

Utilities

  • Laundry Features: Inside
  • Security: Security System, Closed Circuit Camera(s), Fire Alarm, Lobby Secured, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Individual
  • 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: 1954.16
  • Pets Allowed: No
  • Community Features: Property Manager On-Site, Street Lights
  • Senior Community: No
  • Amenities: Bike Storage, Business Center, Clubhouse, Fitness Center, Parking, Putting Green(s), Recreation Facilities, Restaurant, Spa/Hot Tub, Storage, Sidewalks, Trail(s), Trash, Elevator(s)
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 50434322180011220
  • Mobile Dim Units: Feet
  • Zoning: 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
$2,154,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,392
Avg. Annual Appreciation
9.33%

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
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
03/20/2017 03/20/17 Pending -- -- --
08/24/2016 08/24/16 For Sale $450,000 -- $354 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $26,635 $1,470,427 -- --
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

  • Fern Fodiman

    Seller's Agent in 2024

    Fern Fodiman

    Sotheby's Intl. Realty, Inc.

    (917) 400-5624

    69 Total Sales

    Fern Fodiman
    Section Image

  • J

    Buyer's Agent in 2024

    John Forgatch

    Compass Florida LLC

    (561) 596-4182

    114 Total Sales

    John Forgatch
    Section Image

  • M

    Buyer Co-Listing Agent in 2024

    Michael Culley

    Compass Florida LLC

    (908) 512-6534

    8 Total Sales

    Michael Culley
    Section Image
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About This Building

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10924910

BeachesMLS (Greater Fort Lauderdale)

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

Florida Palm Beach County Palm Beach

33480

Not Listed for Sale

Condos

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