$1,950,000
SOLD OCT 19, 2022
2 Beds
2 Baths
1,621 Sq Ft
11.21 Acres

Recently Sold

$1,203 Per Sq Ft

35% Below List Price

123 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Security Guard
  • Palm Beach Public School Rated A-
  • Den
  • Central Heating and Cooling System

About This Home

As of May 2025

Spacious 2BR/2BA with den at the highly desirable Palm Beach Towers, a truly full-service, full-amenity building. Unbeatable center of town location offering valet parking, restaurant, resort-style pool area, gym, beauty shop, even room service! Major renovation of public areas under way now, estimated completion September, 2022. 50% mortgage rule, rent once every three years.

Last Agent to Sell the Property

Jeffrey Cloninger

Sotheby's Intl. Realty, Inc. License #619094 Listed on: 05/13/2022

Sotheby's Intl. Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,780

Year Built

  • Built in 1956

Lot Details

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,621 Sq Ft Home
  • 1-Story Property
  • Den

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Palm Beach Towers Condo Subdivision
  • Doorman
  • Security Guard

Listing and Financial Details

  • Assessor Parcel Number 50434322180003210

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,780

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 95 to Okeechobee then left on Cocoanut Row.
  • Year Built: 1956
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 1621.0
  • Dining Room Type: Den
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Door Man, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 50434322180003210
  • Zoning Description: C-TS(c

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8780.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
May 6, 2025
Sold by
Heyman William H
Bought by
Allison Stockel Revocable Trust and Stockel
Seller's Agent
Mark Whitehead
Coffee Cake And Real Estate
List Price
$2,800,000
Sold Price
$2,500,000
Premium/Discount to List
-$300,000
-10.71%
Views
9
Current Estimated Value
$2,577,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,411
Avg. Annual Appreciation
21.30%

Purchase Details

Listed on
Mar 9, 2024
Closed on
Jun 14, 2024
Sold by
Jacolow Steven
Bought by
Heyman William H
Seller's Agent
Troy Tozlosky
The Corcoran Group
List Price
$2,225,000
Sold Price
$1,800,000
Premium/Discount to List
-$425,000
-19.1%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.25%

Purchase Details

Listed on
May 13, 2022
Closed on
Oct 19, 2022
Sold by
Black Susanne
Bought by
Jacolow Steven
Seller's Agent
Jeffrey Cloninger
Sotheby's Intl. Realty, Inc.
List Price
$3,000,000
Sold Price
$1,950,000
Premium/Discount to List
-$1,050,000
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.68%

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 29, 2020
Sold by
Eileen Holberg Revocable Trust
Bought by
Black Susanne
Seller's Agent
Moniquie Matheson
Monique Matheson Properties, L
Buyer's Agent
Jane Baker
The Corcoran Group
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.13%

Purchase Details

Closed on
Mar 12, 2003
Sold by
Holberg Eileen
Bought by
Holberg Eileen and Eileen Holberg Revocable Trust

Purchase Details

Closed on
Apr 19, 1999
Sold by
Rosenbloom Benjamin and Rosenbloom Esther
Bought by
Holberg Eileen H
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 Type Sale Price Title Company
Warranty Deed $2,500,000 None Listed On Document
Warranty Deed $2,500,000 None Listed On Document
Warranty Deed $1,800,000 None Listed On Document
Warranty Deed $1,950,000 --
Warranty Deed $700,000 Attorney
Interfamily Deed Transfer -- --
Warranty Deed $145,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $2,500,000 -5.7% $1,542 / Sq Ft
03/30/2025 03/30/25 Price Changed $2,650,000 -5.4% $1,635 / Sq Ft
03/14/2025 03/14/25 For Sale $2,800,000 +55.6% $1,727 / Sq Ft
06/20/2024 06/20/24 Sold $1,800,000 -9.8% $1,110 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
05/02/2024 05/02/24 Price Changed $1,995,000 -10.3% $1,231 / Sq Ft
03/09/2024 03/09/24 For Sale $2,225,000 +14.1% $1,373 / Sq Ft
10/19/2022 10/19/22 Sold $1,950,000 -35.0% $1,203 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $3,000,000 +328.6% $1,851 / Sq Ft
12/29/2020 12/29/20 Sold $700,000 0.0% $467 / Sq Ft
12/29/2020 12/29/20 Sold $700,000 -3.4% $467 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
11/29/2020 11/29/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $725,000 +3.6% $483 / Sq Ft
06/11/2019 06/11/19 For Sale $700,000 -- $467 / Sq Ft
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 $27,658 $1,793,402 -- --
2023 $24,579 $1,630,365 $0 $1,630,365
2022 $8,660 $592,389 $0 $0
2021 $8,780 $575,135 $0 $0
2020 $10,468 $628,882 $0 $628,882
2019 $2,527 $184,059 $0 $0
2018 $2,383 $180,627 $0 $0
2017 $2,373 $176,912 $0 $0
2016 $2,385 $173,273 $0 $0
2015 $2,463 $172,069 $0 $0
2014 $2,471 $170,703 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10799925

BeachesMLS

APN: 50-43-43-22-18-000-3210