NOT LISTED FOR SALE

Estimated Value: $1,754,000 - $2,702,451

1 Bed
2 Baths
1,152 Sq Ft
$1,344/ mo HOA Fee

Last Sold April 28, 2023

Last sale price $2,750,000 $2,387 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $14,998/month

62 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Community Pool
  • Palm Beach Public School Rated A-
  • Clubhouse
  • Elevator

About This Home

As of April 2023

Intracoastal water views from this high floor, bright, spacious, stunning designer renovated one bedroom /two bath jewel at the coveted PB Towers with white glove service, resort style lakeside pool, gym, restaurant, convenience store and salon. Just steps to the Beach and Breakers Hotel. A must see!!

Last Agent to Sell the Property

darren marotta

Engel & Volkers Wellington License #3329845 Listed on: 12/21/2022

Engel & Volkers Wellington

Last Buyer's Agent

JOHN WILSON

Douglas Elliman License #3356989

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,626

Year Built

  • Built in 1956

Lot Details

  • Northwest Facing Home

HOA Fees

  • $1,344 Monthly HOA Fees

Interior Spaces

  • 1,152 Sq Ft Home
  • Combination Dining and Living Room
  • Carpet
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322180005020

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, pest control, sewer, security, trash, water
  • Palm Beach Towers Condo Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Trails

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,626

Year Built

Built in 1956

Lot Details

11.21 Acres

HOA Fees

$1,344 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From Royal Poinciana Way (Hwy A1A), turn right onto Cocoanut Row, building is 4th on the right.
  • Year Built: 1956
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, None
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Carpet
  • Living Area: 1152.0
  • Stories: 6

Exterior Features

  • Exterior Features: None
  • View: Intercoastal
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Disclosures: Special Assessment
  • Construction Type: Block, Concrete
  • Direction Faces: Northwest
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Inside
  • Security: Security System, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1344.0
  • Pets Allowed: No
  • Community Features: Property Manager On-Site
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Restaurant, Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434322180005020
  • Mobile Dim Units: Feet
  • Zoning: C-TS(c

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11625.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Apr 28, 2023
Sold by
Hammer Dru
Bought by
Gerald Sprayregen Revocable Trust
Seller's Agent
darren marotta
Engel & Volkers Wellington
Buyer's Agent
JOHN WILSON
Douglas Elliman
List Price
$2,795,000
Sold Price
$2,750,000
Premium/Discount to List
-$45,000
-1.61%
Views
46
Current Estimated Value
$2,148,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$601,387
Avg. Annual Appreciation
-8.18%

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 15, 2021
Sold by
Goldberg Gail Ellen
Bought by
Hammer Dru
Seller's Agent
Linda R Olsson
Linda R. Olsson, Inc.
Buyer's Agent
darren marotta
Engel & Volkers Wellington
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.30%

Purchase Details

Closed on
Nov 19, 1993
Sold by
Grouf Meyer and Grouf Betty
Bought by
Goldberg Marc S and Goldberg Gail Ellen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gerald Sprayregen Revocable Trust $2,750,000 None Listed On Document
Hammer Dru $1,100,000 Attorney
Goldberg Marc S $95,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $2,750,000 -1.6% $2,387 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $2,795,000 +154.1% $2,426 / Sq Ft
09/20/2021 09/20/21 Sold $1,100,000 -8.3% $955 / Sq Ft View Prior Sale
08/21/2021 08/21/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $1,200,000 -- $1,042 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $29,702 $2,031,713 -- --
2024 $29,702 $2,029,602 -- --
2023 $12,681 $818,195 $0 $863,814
2022 $11,625 $743,814 $0 $0
2021 $6,542 $397,314 $0 $397,314
2020 $6,858 $427,314 $0 $427,314
2019 $6,513 $405,100 $0 $405,100
2018 $5,794 $375,100 $0 $375,100
2017 $5,637 $375,100 $0 $0
2016 $4,900 $254,221 $0 $0
2015 $4,342 $231,110 $0 $0
2014 $3,912 $210,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10853434

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-22-18-000-5020

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