NOT LISTED FOR SALE

Estimated Value: $3,483,000 - $4,199,000

3 Beds
2 Baths
1,501 Sq Ft
$2,631/mo HOA Fee

Last Sold May 31, 2025

Last sale price $3,800,000 $2,532 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $24,363/month

85 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Wood Flooring
  • Putting Green
  • Palm Beach Public School Rated A-
  • Community Pool
  • Bike Room

About This Home

As of May 2025

:SPECTACULAR VIEWS from this direct lakefront 3 bedroom apartment. Balcony enclosed making it an additional 250 sq ft. Completely redone with hurricane windows and impeccably designed. Rare to find a 3 bedroom, 2 bath, pristine condition. Located on the third floor at the end of building, quiet. Amenities include, basic Cable, Wi-Fi, water, electric. beautiful pool, jacuzzi, putting green, deli, dentist, hair salon, workout room, 44 Restaurant with room service, valet parking, hurricane shutters, main generator and more! Hottest building on the island, make this your forever place!

Last Agent to Sell the Property

Steven Koleno

Beycome of Florida LLC License #3469487 Listed on: 12/02/2024

Last Buyer's Agent

Tina Fingerman

Beaches MLS License #276503012

Beaches MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,024

Year Built

  • Built in 1956

Lot Details

HOA Fees

  • $2,631 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,501 Sq Ft Home
  • Wood Flooring
  • Intercom
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322180013200

Community Details

Overview

  • Palm Beach Towers Condo Subdivision
  • 6-Story Property

Amenities

  • Community Library
  • Laundry Facilities
  • Bike Room

Recreation

  • Putting Green

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,024

Year Built

Built in 1956

Lot Details

0

HOA Fees

$2,631 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Join FL-704 E/Okeechobee Blvd Continue on Royal Palm Way Tour to the left.
  • Year Built: 1956
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Purifier
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood, Wood
  • Living Area: 1501.0
  • Stories: 6

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Other Equipment: Intercom
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 2631.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Laundry, Library, Pool, Putting Green(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434322180013200
  • Zoning Description: C-TS(c

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17024.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Jun 2, 2025
Sold by
Weil Sarena M
Bought by
Druker Henry
Seller's Agent
Steven Koleno
Beycome of Florida LLC
Buyer's Agent
Tina Fingerman
Beaches MLS
List Price
$4,375,000
Sold Price
$3,800,000
Premium/Discount to List
-$575,000
-13.14%
Views
16
Current Estimated Value
$3,840,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,505
Avg. Annual Appreciation
3.48%

Purchase Details

Listed on
Jan 5, 2015
Closed on
Feb 17, 2015
Sold by
Magowan Mark and Magowan Nina
Bought by
Weil Sarena M
Seller's Agent
Cappy Abraham
Palm Beach Residential Properties, LLC
Buyer's Agent
BARBARA WHITFORD
BARCLAYS INTERNATIONAL REALTY
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%

Purchase Details

Closed on
Apr 10, 2008
Sold by
Goodfriend David I
Bought by
Magowan Mark and Magowan Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Druker Henry $3,800,000 First International Title
Druker Henry $3,800,000 First International Title
Weil Sarena M $1,400,000 Trilogy Title Services Inc
Magowan Mark -- Preferred Title Inc
Magowan Mark $1,150,000 Preferred Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magowan Mark E $400,000
Previous Owner Magowan Mark $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 Sold $3,800,000 -9.5% $2,532 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
01/20/2025 01/20/25 Price Changed $4,200,000 -4.0% $2,798 / Sq Ft
01/13/2025 01/13/25 For Sale $4,375,000 +15.1% $2,915 / Sq Ft
01/06/2025 01/06/25 Off Market $3,800,000 -- --
12/02/2024 12/02/24 For Sale $4,375,000 +212.5% $2,915 / Sq Ft
02/27/2015 02/27/15 Sold $1,400,000 0.0% --
01/14/2015 01/14/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $1,400,000 -- --
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 $17,406 $1,191,568 -- --
2023 $17,024 $1,156,862 $0 $0
2022 $17,110 $1,123,167 $0 $0
2021 $17,390 $1,090,453 $0 $0
2020 $17,421 $1,075,397 $0 $0
2019 $17,379 $1,051,219 $0 $0
2018 $16,499 $1,031,618 $0 $0
2017 $16,499 $1,010,400 $0 $0
2016 $16,793 $1,010,400 $0 $0
2015 $17,392 $965,400 $0 $0
2014 $17,618 $965,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11041580

BeachesMLS

APN: 50-43-43-22-18-001-3200