NOT LISTED FOR SALE

Estimated Value: $3,732,375 - $4,158,000

3 Beds
2 Baths
1,501 Sq Ft
$1,695/mo HOA Fee

Last Sold February 27, 2015

Last sale price $1,400,000 $933 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $24,381/month

36 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Sun or Florida Room

About This Home

As of February 2015

SPECTACULAR VIEWS from this direct lakefront three-bedroom apartment. Fabulous sweeping lake views from every room. Impeccably renovated using the finest materials and finishes. No detail overlooked. Stunning wood floors, custom mill-work, luxurious bathrooms, great kitchen, separate laundry/utility room in unit.

Last Agent to Sell the Property

Cappy Abraham

PB Residential Properties License #3106605 Listed on: 12/22/2014

Last Buyer's Agent

Barbara Whitford

Lang Realty, Inc. License #608830

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,618

Year Built

  • Built in 1956

Lot Details

  • West Facing Home

HOA Fees

  • $1,695 Monthly HOA Fees

Interior Spaces

  • 1,501 Sq Ft Home
  • Built-In Features
  • Sun or Florida Room
  • Intercom

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 50434322180013200

Community Details

Overview

  • Association fees include management, common areas, cable TV, electricity, insurance, pest control, roof, sewer, security, trash, water
  • High-Rise Condominium
  • Palm Beach Towers Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Community Library
  • Elevator
  • Bike Room

Recreation

  • Community Spa
  • Putting Green
  • Trails

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,618

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,695 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
  • Architectural Style: High Rise
  • Entry Level: 3
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 1501.0
  • Dining Room Type: Florida Room, Storage Room
  • Stories: 6

Exterior Features

  • View: Lake, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Other Equipment: Intercom
  • Security: Door Man, Security Guard, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 1695.0
  • Community Features: Fitness, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Library, Management, Pool, Putting Green(s), Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Electricity, Insurance, Pest Control, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434322180013200
  • Zoning Description: RD 1

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 17618.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2025
Sold by
Weil Sarena M
Bought by
Druker Henry
Current Estimated Value
$3,904,792

Purchase Details

Listed on
Dec 22, 2014
Closed on
Feb 17, 2015
Sold by
Magowan Mark and Magowan Nina
Bought by
Weil Sarena M
Seller's Agent
Cappy Abraham
PB Residential Properties
Buyer's Agent
Barbara Whitford
Lang Realty, Inc.
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%

Purchase Details

Closed on
Apr 10, 2008
Sold by
Goodfriend David I
Bought by
Magowan Mark and Magowan Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Druker Henry $3,800,000 First International Title
Druker Henry $3,800,000 First International Title
Weil Sarena M $1,400,000 Trilogy Title Services Inc
Magowan Mark -- Preferred Title Inc
Magowan Mark $1,150,000 Preferred Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magowan Mark E $400,000
Previous Owner Magowan Mark $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $1,400,000 -3.4% $933 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
12/22/2014 12/22/14 For Sale $1,450,000 -- $966 / 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 $17,406 $1,191,568 -- --
2023 $17,024 $1,156,862 $0 $0
2022 $17,110 $1,123,167 $0 $0
2021 $17,390 $1,090,453 $0 $0
2020 $17,421 $1,075,397 $0 $0
2019 $17,379 $1,051,219 $0 $0
2018 $16,499 $1,031,618 $0 $0
2017 $16,499 $1,010,400 $0 $0
2016 $16,793 $1,010,400 $0 $0
2015 $17,392 $965,400 $0 $0
2014 $17,618 $965,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10097373

BeachesMLS

APN: 50-43-43-22-18-001-3200