$1,750,000
SOLD OCT 21, 2022
1 Bed
1.5 Baths
1,200 Sq Ft
$1,305/mo HOA Fee

Recently Sold

$1,458 Per Sq Ft

11% Below List Price

133 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Putting Green
  • Palm Beach Public School Rated A-
  • Community Pool
  • Elevator

About This Home

As of October 2022

High floor 2 Bedroom 1 1/2 Bath unit at much sought-after Palm Beach Towers. Originally a 1 bedroom, 1 bath apartment, an additional bedroom/den and 1/2 bath were added to accommodate guests. Recent renovations include kitchen, bathrooms and tile floors. W/D in unit. Southeastern exposure affords lots of wonderful natural light. Close to elevators.

Last Agent to Sell the Property

Cappy Abraham

Palm Beach Residential Properties LLC License #3106605 Listed on: 06/09/2022

Last Buyer's Agent

Jane Albright

Coldwell Banker Realty License #3514621

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,879

Year Built

  • Built in 1956

HOA Fees

  • $1,305 Monthly HOA Fees

Interior Spaces

  • 1,200 Sq Ft Home
  • Built-In Features
  • Family Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

  • Intercom
  • Closed Circuit Camera

Parking

  • Open Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322180005070

Community Details

Overview

  • Association fees include common areas, cable TV, electricity, hot water, insurance, ground maintenance, maintenance structure, pest control, pool(s), sewer, security, trash, water, internet
  • Palm Beach Towers Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Community Library
  • Elevator
  • Bike Room
  • Community Wi-Fi

Recreation

  • Community Spa
  • Putting Green
  • Trails

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,879

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,305 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East Okeechobee - Left on Cocoanut Row - Building less than a mile on left.
  • Year Built: 1956
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Living/Dining Room
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 1200.0
  • Dining Room Type: Family Room
  • Stories: 6

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Open

Utilities

  • Other Equipment: Intercom
  • Security: Closed Circuit Camera(s), Door Man, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1305.0
  • Community Features: Internet Access, Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Library, Management, Pool, Putting Green(s), Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Electricity, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 50434322180005070
  • Zoning Description: RD-2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4879.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 21, 2022
Sold by
Ohebshalom Alfred and Ohebshalom Shireen
Bought by
Baker Jeffrey
Seller's Agent
Cappy Abraham
Palm Beach Residential Properties, LLC
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,750,000
Sold Price
$1,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%

Purchase Details

Listed on
Nov 22, 2011
Closed on
Jan 26, 2012
Sold by
Greenspan Andrew
Bought by
Ohebshalom Alfred and Ohebshalom Shireen
Seller's Agent
Michael Leibowitz
Leibowitz Realty Group, LLC./PBG
Buyer's Agent
Cappy Abraham
PB Residential Properties
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.38%

Purchase Details

Closed on
Sep 20, 2003
Sold by
Falasco Vincent A
Bought by
Greenspan Corinne

Purchase Details

Closed on
Nov 8, 2002
Sold by
Knepell Curt F and Knepell Elsie D
Bought by
Falasco Vincent A and Vincent A Falasco Revocable Trust
Source: Public Records

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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 $1,750,000 Trilogy Title Services
Warranty Deed $200,000 Trident Title Llc
Warranty Deed $275,000 --
Warranty Deed $235,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $1,825,000 +4.3% $1,557 / Sq Ft
10/21/2022 10/21/22 Sold $1,750,000 0.0% $1,458 / Sq Ft
10/21/2022 10/21/22 Sold $1,750,000 0.0% $1,458 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $1,750,000 -11.4% $1,458 / Sq Ft
06/09/2022 06/09/22 For Sale $1,975,000 +887.5% $1,646 / Sq Ft
01/26/2012 01/26/12 Sold $200,000 -12.7% $221 / Sq Ft
12/27/2011 12/27/11 Pending -- -- --
11/22/2011 11/22/11 For Sale $229,000 -- $254 / 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 $24,249 $1,556,295 -- --
2023 $21,343 $1,414,814 $0 $1,414,814
2022 $7,410 $324,295 $0 $0
2021 $4,879 $294,814 $0 $294,814
2020 $4,958 $294,814 $0 $294,814
2019 $4,694 $277,600 $0 $277,600
2018 $4,139 $252,600 $0 $252,600
2017 $3,806 $222,600 $0 $0
2016 $3,761 $206,360 $0 $0
2015 $3,458 $187,600 $0 $0
2014 $3,504 $187,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10807184

BeachesMLS

APN: 50-43-43-22-18-000-5070