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

Recently Sold

$1,458 Per Sq Ft

3 Days on Market

Highlights

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

About This Home

As of October 2022

High floor 2 Bedroom 1 ½ Bath unit at much sought-after Palm Beach Towers. Originally a 1 bedroom, 1 bath apartment, an additional bedroom/den and ½ 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 #CQ1021371 Listed on: 09/09/2022

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $4,879

Year Built

  • Built in 1956

Lot Details

HOA Fees

  • $1,305 Monthly HOA Fees

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Home Gym
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

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

Parking

  • 1 Car Garage
  • No Garage
  • 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 50434322180005070

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

$4,879

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,305 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
  • Garage Yn: Yes
  • Year Built: 1956
  • Location Tax Legal:Name of Building: PB Towers
  • Location Tax Legal:Zoned: R-D(2) - Heavy Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 4879.0
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Living Area: 1200.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 1304.97
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 277
  • General Property Description:_pound_ Floors: 6.0
  • Pool:Pool3: Yes
  • Floors:Tile: 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
  • Security:Security Guards: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Cable, Ceiling Fan, Intercom, Smoke Alarms
  • Living Area: 1200.0
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: 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
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Open Parking: Yes
  • Parking:No Garage2: 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 #: 50434322180005070
  • Zoning: R-D(2) - Heavy Density

Multi Family

  • Number Of Units Total: 277
  • Maintenance Expense: 1304.97

Tax Info

  • Tax Annual Amount: 4879.0
  • Tax Year: 2021

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
1.05%

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

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 $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
09/15/2025 09/15/25 For Sale $1,599,000 -8.6% $1,333 / 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: 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 $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: Palm Beach Board of REALTORS®

MLS Number: 22-915

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