$7,950,000

Estimated payment $55,477/month

Total Views 2,950
3 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Doorman
  • Lake Front
  • Gas Heated Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

One-of-a-kind. Breathtaking Triple Apartment lives like a home at 3600+ sq. ft. 3 Ensuite Bedrooms, Primary Bedroom with Separate His/Her Bathrooms, 4 ½ Total Baths, plus Den and Dedicated Office Space, Separate Family Room (can be Formal Dining Room), Fabulous Chef's Kitchen, Spacious Laundry Room, Open Balcony with Magnificent Views of the Intracoastal. Three Parking Spaces Included in Price. Palm Beach Towers is a Premier Full-Service In-town Property Located just Steps from the Fabulous Restaurants and Shops at THE ROYAL. Amenities include on-site Hair Salon (Woody's) and Restaurant (Salute) with Room Service, Putting Green, Hot Tub, Gym, Exercise Studio and So Much More.

Listing Agent

Cappy Abraham

Palm Beach Residential Properties, LLC License #CQ1021371 Listed on: 03/21/2025

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $98,759

Year Built

  • Built in 1956

Lot Details

  • Northwest Facing Home

HOA Fees

  • $5,263 Monthly HOA Fees

Interior Spaces

  • Dining Room
  • Library
  • Storage
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • Hurricane or Storm Shutters
  • High Impact Windows
  • Fire and Smoke Detector

Parking

  • Garage
  • No Garage
  • Open Parking

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Balcony

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434322180013100

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water, (see remarks)
  • 277 Units
  • Pb Towers Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$98,759

Year Built

Built in 1956

Lot Details

0

HOA Fees

$5,263 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: East Okeechobee - Left on Cocoanut Row - Building less than a mile on left.
  • Building Name: PB Towers
  • Garage Yn: Yes
  • Year Built: 1956
  • Location Tax Legal:Name of Building: PB Towers
  • Location Tax Legal:Zoned: R-D(2) - Heavy Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 98759.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 5262.54
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 277
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Unit:Living Room View: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: No
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Cable, Intercom, Storage, Smoke Alarms
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Windows, Storm Shutters- Auto, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking:Open Parking: Yes
  • Parking:No Garage2: Yes
  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Building, Laundry in Unit
  • Security: Security Guards, Door Person
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility, Other Services
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water, Other (See Remarks)

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434322180013100
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 277
  • Maintenance Expense: 5262.54

Tax Info

  • Tax Annual Amount: 98759.0
  • Tax Year: 2024

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 $98,759 $6,662,414 -- --
2023 $99,812 $6,627,159 $0 $6,627,159
2022 $93,709 $6,027,159 $0 $0
2021 $37,985 $2,359,739 $0 $0
2020 $38,067 $2,327,159 $0 $2,327,159
2019 $13,066 $795,150 $0 $0
2018 $12,404 $780,324 $0 $0
2017 $12,399 $764,274 $0 $0
2016 $12,289 $748,554 $0 $0
2015 $2,462 $132,000 $0 $0
2014 $2,495 $132,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 For Sale $7,950,000 +35.9% --
01/28/2021 01/28/21 Sold $5,850,000 0.0% --
12/08/2020 12/08/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $5,850,000 +88.7% --
04/30/2019 04/30/19 Sold $3,100,000 0.0% --
04/18/2019 04/18/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $3,100,000 -- --
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,850,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $3,100,000 Trilogy Title Services Inc
Warranty Deed $3,625,000 Attorney
Special Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,925,000 New Conventional
Previous Owner $1,600,000 New Conventional
Previous Owner $1,812,500 Fannie Mae Freddie Mac
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 25-543

APN: 50-43-43-22-18-001-3100