NOT LISTED FOR SALE

Estimated Value: $1,493,000 - $2,920,000

2 Beds
2 Baths
1,707 Sq Ft
$2,622/mo HOA Fee

Last Sold April 16, 2024

Last sale price $1,650,000 $967 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $15,305/month

44 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Roman Tub

About This Home

As of April 2024

Unique opportunity to make this spacious (over 1700 sq. ft.) light-filled combined condo of units 508 & 509 A, your own. Featuring a flexible 2 bed/2bth floor plan, many closets & a huge primary suite that was a full studio prior to being combined. Stunning sunrise views east to The Breakers golf course and sunset - west to the Intracoastal. Rare balcony with water views. The Palm Beach Towers is located next to the Royal for great shopping and restaurants. It has undergone many renovations, including concrete work, new lobby and pool. Featuring the 44 Restaurant, room service, a convenience store, salon, fitness center, golf green, valet service, 2 car spaces, bicycle storage and a 24/7 door person, you'll live the Palm Beach lifestyle for an affordable price. This can be spectacular!

Last Agent to Sell the Property

Victoria Brewer

Serhant License #3065411 Listed on: 02/19/2024

Serhant

Co-Listed By

Gary Pohrer

Serhant License #3068785

Last Buyer's Agent

Martha Greenwald

Martha Greenwald Real Estate License #3087249

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,718

Year Built

  • Built in 1956

Lot Details

HOA Fees

  • $2,622 Monthly HOA Fees

Property Views

  • Golf Course

Interior Spaces

  • 1,707 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Open Parking
  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 50434322180005080

Community Details

Overview

  • Association fees include common areas, cable TV, hot water, insurance, sewer, trash, water
  • 277 Units
  • High-Rise Condominium
  • Palm Beach Towers Condo Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Game Room
  • Community Library
  • Elevator

Recreation

  • Community Spa
  • Putting Green

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,718

Year Built

Built in 1956

Lot Details

0

HOA Fees

$2,622 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East on Okeechobee, left on Cocoanut Row,Palm Beach Towers will be about a mile down on your left. Park with the valet.
  • Year Built: 1956
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Dual Sinks, Eat-in Kitchen, Garden Tub/Roman Tub, Living/Dining Room, Separate Shower, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1707.0
  • Dining Room Type: Great Room, Laundry
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony
  • View: Golf Course, Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Deeded, Guest, Open, Two or More Spaces

Utilities

  • Security: Door Man, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 2622.0
  • Community Features: Game Room, Non-Gated, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Library, Management, Pool, Putting Green(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Hot Water, Insurance, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434322180005080
  • Lot Size: East of US-1
  • Lot Size Sq Ft: 11000.0
  • Zoning Description: C-TS(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6718.0

Multi Family

  • Number Of Units In Community: 277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Meyer Tiffany Anne
Bought by
Tiffany A Meyer Revocable Trust and Meyer
Total Days on Market
44
Current Estimated Value
$2,246,305

Purchase Details

Listed on
Feb 19, 2024
Closed on
Apr 16, 2024
Sold by
Ellis Susan M and Clark Shelley
Bought by
Meyer Tiffany Anne
Seller's Agent
Victoria Brewer
Serhant
Buyer's Agent
Martha Greenwald
Martha Greenwald Real Estate
List Price
$1,999,000
Sold Price
$1,650,000
Premium/Discount to List
-$349,000
-17.46%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.08%
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 Buyer Sale Price Title Company
Tiffany A Meyer Revocable Trust -- None Listed On Document
Tiffany A Meyer Revocable Trust -- None Listed On Document
Meyer Tiffany Anne $1,650,000 Standard Title
Meyer Tiffany Anne -- Standard Title
Meyer Tiffany Anne -- Standard Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $1,650,000 -17.5% $967 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $1,999,000 -- $1,171 / 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 $1,469 $119,831 -- --
2023 $1,403 $116,341 $0 $0
2022 $1,448 $112,952 $0 $0
2021 $1,469 $109,662 $0 $0
2020 $1,459 $108,148 $0 $0
2019 $1,445 $105,717 $0 $0
2018 $1,370 $103,746 $0 $0
2017 $1,353 $101,612 $0 $0
2016 $1,117 $99,522 $0 $0
2015 $1,151 $98,830 $0 $0
2014 $1,153 $98,046 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10961278

BeachesMLS

APN: 50-43-43-22-18-000-5080