NOT LISTED FOR SALE

Imperial House 4500 S Ocean Blvd Unit 508 Palm Beach, FL 33480

Estimated Value: $155,000 - $285,000

-- Bed
1 Bath
305 Sq Ft
$777/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $250,000 $820 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,775/month

62 Days on Market

Highlights

  • Direct Ocean View
  • Outdoor Pool
  • Balcony
  • Property has ocean access
  • Waterfront
  • High Impact Door

About This Home

As of April 2022

Ocean View Property with generous balcony from this rare Iconic Architectural Palm Beach Building. The southern direct ocean views are simply incredible from this Studio Unit which includes hurricane impact sliders, frosted front door and a full Florida Vintage Bathroom with Plantation Window Shutters. The Imperial House is home to only 58 lucky Owners with a spectacular location that's hard to beat. Walk to Publix grocery store and numerous restaurants including the Eau Palm Beach which offers full spa services along with multiple dining opportunities. The famous Key Lime House on the Intracoastal is just around the corner for you to enjoy a refreshing cocktail dockside; and just steps from your new hideaway is the Dune Deck famous for their Banana Foster Pancakes! Enjoy your own private beach which is ranked as one of the top 5 Best Surfing Beaches in all of South Florida. Don't miss this rare opportunity to own on the beach at this incredible price!!! This is a co-op, CASH ONLY! Must own for one year and then can lease twice a year for a minimum of 60 days each time.

Last Agent to Sell the Property

Wendy Bowes

The Corcoran Group License #3188024 Listed on: 02/23/2022

The Corcoran Group

Co-Listed By

WILLIAM McMANUS

The Corcoran Group License #SL-3258862

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $1,638

Year Built

  • Built in 1961

Lot Details

  • Waterfront
  • South Facing Home

HOA Fees

  • $299 Monthly HOA Fees

Interior Spaces

  • 1 Bathroom
  • 305 Sq Ft Home
  • Storage
  • High Impact Door
  • Microwave

Parking

  • 1 Car Garage
  • No Garage

Outdoor Features

  • Outdoor Pool
  • Property has ocean access

Listing and Financial Details

  • Assessor Parcel Number 62434502030005080

Community Details

Overview

  • Association fees include insurance, sewer, water
  • 58 Units
  • Imperial House Community
  • 6-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed
  • Small pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$1,638

Year Built

Built in 1961

Lot Details

0

HOA Fees

$299 per month

Listing Details

  • Property Sub Type: Co-op
  • Prop. Type: Condo/Co-Op
  • Directions: Southern Boulevard East to A1A South to 4500 South Ocean Boulevard on your left, approximately 8 miles, just before Eau Palm Beach.
  • Building Name: Imperial House
  • Garage Yn: Yes
  • Year Built: 1961
  • Location Tax Legal:Name of Building: Imperial House
  • Location Tax Legal:Zoned: R2
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 1638.0
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Living Area: 305.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 299.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 58
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Pets:Pet Type: Cat or Dog
  • Pets:Weight Restrictions: 25 lbs or Under
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave
  • Flooring: Other Flooring
  • Interior Amenities: Storage
  • Living Area: 305.0
  • Stories: 6
  • Interior Features:Storage: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Ocean Access- Deeded, Elevator
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: No Security
  • Heating: Other (See Remarks)

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Co-Op Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Sewer, Water

Lot Info

  • Parcel #: 62434502030005080
  • Zoning: R2

Rental Info

  • Pets Other: 20 lbs or under

Multi Family

  • Number Of Units Total: 58
  • Maintenance Expense: 299.0

Tax Info

  • Tax Annual Amount: 1638.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2016
Closed on
Apr 1, 2016
Bought by
Paoli Carl
Seller's Agent
William Norman
Illustrated Properties LLC
Buyer's Agent
Jennifer Hasozbek-Garcia
Premier Estate Properties, Inc
List Price
$75,500
Sold Price
$65,000
Premium/Discount to List
-$10,500
-13.91%
Current Estimated Value
$234,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,026
Avg. Annual Appreciation
15.24%

Purchase Details

Closed on
Jan 1, 2016
Bought by
Paoli Carl
Source: Public Records

Range of Values:

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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
Paoli Carl $65,000 --
Paoli Carl -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $250,000 0.0% $820 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $250,000 +284.6% $820 / Sq Ft
04/22/2016 04/22/16 Sold $65,000 -13.9% $213 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/12/2016 03/12/16 For Sale $75,500 -- $248 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    Wendy Bowes

    The Corcoran Group

    (561) 379-0395

    1 in this area

    29 Total Sales

    Section Image

  • W

    Seller Co-Listing Agent in 2022

    WILLIAM McMANUS

    The Corcoran Group

    (561) 351-3786

    1 in this area

    31 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    NON MEMBER FIRM

  • William Norman

    Seller's Agent in 2016

    William Norman

    Illustrated Properties LLC

    (561) 381-1997

    9 in this area

    34 Total Sales

    Section Image
  • Harvey Millstein

    Seller Co-Listing Agent in 2016

    Harvey Millstein

    Illustrated Properties LLC

    (561) 601-9590

    9 Total Sales

    Section Image

  • J

    Buyer's Agent in 2016

    Jennifer Hasozbek-Garcia

    Premier Estate Properties, Inc

    (561) 351-8452

    37 Total Sales

    Section Image
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About Imperial House

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-269

APN: 62-43-45-02-03-000-5080

Florida Palm Beach County Palm Beach 33480

4500 S Ocean Blvd Unit 508, Palm Beach, FL

This home is located at 4500 S Ocean Blvd Unit 508, Palm Beach, FL 33480 since 23 February 2022 and is currently estimated at $237,134, approximately $777 per square foot. This property was built in 1961. 4500 S Ocean Blvd Unit 508 is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

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