$1,575,000
$275K PRICE DROP

Estimated payment $12,235/month

Total Views 6,082
2 Beds
2 Baths
1,272 Sq Ft
$1,238 Price per Sq Ft

Highlights

  • Doorman
  • Water Views
  • Sun or Florida Room
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Community Pool

About This Home

HUGE PRICE REDUCTION! LOWEST PRICE OF ANY 2/2 at PB TOWERS! Lovely 2BR/2BA First Floor Apartment with Gracious East-Facing Open Terrace. Situated on eleven manicured acres, Palm Beach Towers is a full-service building with a Restaurant (Salute) that also delivers Room Service, a Hair Salon (Woody's), Green, a Hot Tub, and a Beautifully Landscaped Pool Deck directly on the Intracoastal. PRICED TO SELL!

Listing Agent

Cappy Abraham

Palm Beach Residential Properties LLC License #3106605 Listed on: 04/01/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,608

Year Built

  • Built in 1956

HOA Fees

  • $2,253 Monthly HOA Fees

Interior Spaces

  • 1,272 Sq Ft Home
  • Family Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Intercom
  • Closed Circuit Camera

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322180011240

Community Details

Overview

  • Association fees include management, common areas, cable TV, electricity, insurance, pest control, sewer, trash, water, internet
  • High-Rise Condominium
  • Palm Beach Towers Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Community Library
  • Elevator
  • Bike Room
  • Community Wi-Fi

Recreation

  • Community Spa
  • Putting Green

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,608

Year Built

Built in 1956

Lot Details

0

HOA Fees

$2,253 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East Okeechobee - Left on Cocoanut Row - Building less than a mile on left.
  • Year Built: 1956
  • Architectural Style: High Rise
  • Entry Level: 1
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1272.0
  • Dining Room Type: Family Room, Laundry, Dining Room, Florida Room
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony
  • View: Other, Water
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Other Equipment: Intercom
  • Security: Closed Circuit Camera(s), Door Man, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • 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: 2253.0
  • Community Features: Internet Access, Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Library, Management, Pool, Putting Green(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Electricity, Insurance, Pest Control, Sewer, Trash, Water, Internet

Lot Info

  • Parcel #: 50434322180011240
  • Zoning Description: RD 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17608.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $17,608 $726,000 -- --
2023 $15,330 $660,000 $0 $1,450,000
2022 $9,615 $600,000 $0 $0
2021 $5,459 $355,073 $0 $0
2020 $5,459 $350,171 $0 $0
2019 $5,438 $342,298 $0 $0
2018 $5,162 $335,916 $0 $0
2017 $5,149 $329,007 $0 $0
2016 $4,956 $322,240 $0 $0
2015 $5,122 $320,000 $0 $0
2014 $5,725 $310,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Rent $14,000 0.0% --
07/10/2025 07/10/25 Price Changed $1,575,000 -7.4% --
06/02/2025 06/02/25 Price Changed $1,700,000 -8.1% --
03/21/2025 03/21/25 For Sale $1,850,000 +428.6% --
02/28/2014 02/28/14 Sold $350,000 0.0% $285 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
10/29/2012 10/29/12 For Sale $350,000 -- $285 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,500,000 First International Title
Warranty Deed $450,000 Standard Title Ins Agcy Inc
Warranty Deed $350,000 None Available
Warranty Deed $400,000 Attorney
Warranty Deed $197,000 --
Warranty Deed $138,000 --
Warranty Deed $125,000 --
Deed -- --
Warranty Deed $88,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $143,000 Negative Amortization
Previous Owner $140,000 New Conventional
Source: Public Records

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Source: BeachesMLS

MLS Number: R11077236

BeachesMLS

APN: 50-43-43-22-18-001-1240