$1,400,000
SOLD FEB 27, 2015
3 Beds
2 Baths
-- Sq Ft
$1,695/mo HOA Fee

Recently Sold

9 Days on Market

Highlights

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

About This Home

As of May 2025

SPECTACULAR VIEWS from this direct lakefront three-bedroom apartment. Fabulous sweeping lake views from every room. Impeccably renovated using the finest materials and finishes. No detail overlooked. Stunning wood floors, custom millwork, luxurious bathrooms, great kitchen, separate laundry/utility room in unit.

Last Agent to Sell the Property

Cappy Abraham

Palm Beach Residential Properties, LLC License #CQ1021371 Listed on: 01/05/2015

Last Buyer's Agent

BARBARA WHITFORD

BARCLAYS INTERNATIONAL REALTY

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $17,618

Year Built

  • Built in 1956

Lot Details

  • West Facing Home

HOA Fees

  • $1,695 Monthly HOA Fees

Interior Spaces

  • Dining Area
  • Utility Room
  • Home Gym

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Open Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322180013200

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
  • 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

$17,618

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,695 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
  • Year Built: 1956
  • Location Tax Legal:Name of Building: PB Towers
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 17618.0
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1694.72
  • 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
  • Waterfront-Unit:Master Bedroom 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
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: No
  • 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
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Hardwood, W/W Carpeting
  • Interior Amenities: Cable, Intercom, Wndw Trmnts Included, Smoke Alarms, Pantry
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Gas
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Exterior Features: Storm Shutters- Auto, Elevator, Exercise Room, Lobby, Other (See Remarks)
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Other (See Remarks)7: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Open Parking: Yes
  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security Guards, Door Person
  • Heating: Central Air, Central 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 #: 50434322180013200
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 277
  • Maintenance Expense: 1694.72

Tax Info

  • Tax Annual Amount: 17618.0
  • Tax Year: 2014

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
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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 Type Sale Price Title Company
Warranty Deed $3,800,000 First International Title
Warranty Deed $3,800,000 First International Title
Warranty Deed $1,400,000 Trilogy Title Services Inc
Deed -- Preferred Title Inc
Personal Reps Deed $1,150,000 Preferred Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Previous Owner $400,000 Purchase Money Mortgage
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: Palm Beach Board of REALTORS®

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: Palm Beach Board of REALTORS®

MLS Number: 14-2522

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