$2,700,000
SOLD JUN 5, 2025
2 Beds
2 Baths
903 Sq Ft
$1,674/mo HOA Fee

Recently Sold

$2,990 Per Sq Ft

10% Below List Price

65 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Pool and Spa
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Home Gym

About This Home

As of June 2025

Stunning 2-Bed/2-Bath Penthouse with 10'10'' ceilings in Palm Beach Towers! Step into the 22nd century with this meticulously renovated 2-bed, 2-bath condo in the prestigious Palm Beach Towers. Taken down to the studs, this gutted and reimagined residence now boasts an open-concept kitchen seamlessly flowing into the living and dining areas. The removal of the header/beam to the enclosed terrace creates a breathtaking, light-filled space with southeast views.Featuring top-of-the-line Thermador appliances, a private laundry room, and luxurious finishes throughout, this condo is the epitome of modern elegance. No Utility bills! Maintenance includes Basic Cable and internet, sanitation, water and electricity.

Last Agent to Sell the Property

Burt Minkoff

Douglas Elliman License #3027869 Listed on: 03/12/2025

Douglas Elliman

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $12,719

Year Built

  • Built in 1956

Lot Details

  • Southeast Facing Home

HOA Fees

  • $1,674 Monthly HOA Fees

Interior Spaces

  • Living Room
  • Dining Area
  • Home Gym
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Garage
  • No Garage
  • Parking Available

Pool

  • Pool and Spa
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322180006060

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, trash, sewer, water, (see remarks)
  • 277 Units
  • Pb Towers Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Elevator

Recreation

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$12,719

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,674 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Royal Poinciana Way to Cocoanut Row, south to Palm Beach Towers
  • 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: 12719.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Pool: No
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1673.68
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 277
  • General Property Description:_pound_ Floors: 6.0
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • 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:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pets:Pets Allowed: No
  • Security:Security Guards: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Cable, Smoke Alarms
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Spa
  • Pool Private: No
  • Exterior Features: Elevator, Exercise Room, Lobby
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Pool/Spa: Yes

Garage/Parking

  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security Guards, Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility, Other Services
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Trash, Sewer, Water, Other (See Remarks)

Lot Info

  • Parcel #: 50434322180006060
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 277
  • Maintenance Expense: 1673.68

Tax Info

  • Tax Annual Amount: 12719.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Mar 22, 2024
Sold by
Daniels Myrna
Bought by
Gerald Sprayregen Trust and Sprayregen
Seller's Agent
Burt Minkoff
Douglas Elliman
Buyer's Agent
Burt Minkoff
Douglas Elliman
List Price
$2,000,000
Sold Price
$1,275,000
Premium/Discount to List
-$725,000
-36.25%
Total Days on Market
65
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.36%

Purchase Details

Closed on
Jul 25, 1995
Sold by
Lipscher Eleanor
Bought by
Daniels Myrna
Source: Public Records

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Range of Values:

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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 $1,275,000 None Listed On Document
Warranty Deed $75,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Sold $2,700,000 -9.8% $2,990 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $2,995,000 +134.9% $3,317 / Sq Ft
03/22/2024 03/22/24 Sold $1,275,000 -20.3% $1,417 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
01/05/2024 01/05/24 Price Changed $1,599,000 -20.1% $1,777 / Sq Ft
10/05/2023 10/05/23 For Sale $2,000,000 -- $2,222 / 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 $12,719 $489,512 -- --
2023 $9,020 $445,011 $0 $791,391
2022 $8,245 $404,555 $0 $0
2021 $6,179 $384,602 $0 $384,602
2020 $5,963 $384,814 $0 $384,814
2019 $5,710 $372,600 $0 $372,600
2018 $5,037 $342,600 $0 $342,600
2017 $4,901 $342,600 $0 $0
2016 $4,408 $228,360 $0 $0
2015 $3,816 $207,600 $0 $0
2014 $3,867 $207,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 25-463

APN: 50-43-43-22-18-000-6060