NOT LISTED FOR SALE

455 E Palmetto Park Rd Unit 8-5e Boca Raton, FL 33432

Downtown Boca Neighborhood

Estimated Value: $1,261,000 - $1,873,000

3 Beds
3.5 Baths
2,525 Sq Ft
1 Acres

Highlights

  • Fitness Center
  • Marble Flooring
  • Great Room
  • Boca Raton Community Middle School Rated A-
  • High Ceiling
  • 2-minute walk to Wildflower Park

About This Home

As of July 2015

5 Palms- Located in the Heart of Boca Raton ''Manhattan comes to Boca'' Light, Bright, 2,525 Sq. Ft. residence with 3 bedrooms, open floor plan, high ceilings, designer kitchen with soft close doors and draws, large breakfast bar, wine cooler, walk-in pantry, wood floors, all bedrooms are ensuites with marble, guest bedrooms have their own private balconies. This gorgeous home in the sky has its own private elevator and same floor storage area. Located in the heart of Boca Raton, walking distance to the beach, restaurants and shopping. This residence is the best deal in town, built in 2008.

Last Agent to Rent the Property

Arlene Rampulla

Douglas Elliman License #3036886 Listed on: 05/12/2015

Douglas Elliman

Last Renter's Agent

Linda Petrakis

Coldwell Banker License #579930

Coldwell Banker

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,748

Year Built

  • Built in 2008

Lot Details

  • 1

Parking

  • 2 Car Garage

Interior Spaces

  • 2,525 Sq Ft Home
  • Central Vacuum
  • Built-In Features
  • High Ceiling
  • Great Room
  • Family Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Exterior Lighting
  • Southeast Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 7/1/15
  • Assessor Parcel Number 06434720450050080

Community Details

Overview

  • 16 Units
  • 5 Palms Subdivision

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$15,748

Year Built

Built in 2008

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2015-07-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East Palmetto Park Road West of the Intracoastal
  • Year Built: 2008
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Elevator, High Ceilings, Split Bedrooms, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Marble, Wood
  • Living Area: 2525.0
  • Dining Room Type: Family Room, Great Room, Storage Room

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Direction Faces: Southeast

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Security: Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434720450050080

Multi Family

  • Number Of Units In Community: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2022
Sold by
Fifth Avenue Place Llc
Bought by
Covitz Mitchell and Adler Lisa
Current Estimated Value
$1,471,769

Purchase Details

Closed on
May 1, 2013
Sold by
Palmetto 455 Inc
Bought by
Fifth Avenue Place Llc

Purchase Details

Closed on
Dec 15, 2011
Sold by
Fifth Avenue Place Llc
Bought by
Palmetto 455 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,750,000
Interest Rate
4.06%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Covitz Mitchell $1,120,000 Brian W Broad Pa
Fifth Avenue Place Llc $8,202,083 Attorney
Palmetto 455 Inc $7,750,000 All Island Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmetto 455 Inc $7,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2015 07/01/15 Rented $5,150 0.0% --
06/01/2015 06/01/15 Under Contract -- -- --
05/12/2015 05/12/15 For Rent $5,150 -- --
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 $15,748 $951,000 -- --
2023 $16,138 $966,000 $0 $966,000
2022 $14,722 $781,000 $0 $0
2021 $13,061 $710,000 $0 $710,000
2020 $12,790 $695,000 $0 $695,000
2019 $13,344 $705,000 $0 $705,000
2018 $13,372 $740,000 $0 $740,000
2017 $14,427 $790,000 $0 $0
2016 $13,964 $713,900 $0 $0
2015 $14,293 $649,000 $0 $0
2014 $11,643 $590,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10135384

BeachesMLS

APN: 06-43-47-20-45-005-0080