$595,000
SOLD MAR 10, 2025
2 Beds
2.5 Baths
1,205 Sq Ft
$852/mo HOA Fee

Recently Sold

$494 Per Sq Ft

18% Below List Price

228 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Sauna
  • Water Views
  • Clubhouse
  • Community Pool

About This Home

As of March 2025

The sophisticated City Palms building is home to this coveted corner 2 bedroom residence. One of the largest units in the building, with the added bonus of a wrap around balcony. Abundant natural light fills this unit with floor to ceiling windows and wonderful views of the city. Beautifully appointed kitchen with quartz countertops, custom cabinetry. Gorgeous neutral ceramic tile floors throughout. City Palms is ideally situated within walking or biking distance to Rosemary Square, Clematis Street, high-end galleries and cafes, and all that the vibrant downtown area and Palm Beach have to offer. City Palms amenities include the luxury of a 24 hour doorman building, valet parking for guests, fitness center, sauna, hot tub, bike storage and a stunning outdoor oasis with pool. Beautiful!

Last Agent to Sell the Property

Susan Tobin

Keller Williams Realty - Welli License #3357478 Listed on: 07/24/2024

Keller Williams Realty - Welli

Co-Listed By

Tanya Siskind

Keller Williams Realty - Welli License #3479935

Last Buyer's Agent

Sergio Commisso

JSM Realty Services, Inc. License #619990

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,636

Year Built

  • Built in 2008

HOA Fees

  • $852 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Aluminum Roof

Interior Spaces

  • 1,205 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Water Views
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Home Security

Outdoor Features

  • Balcony
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434321290000243

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, parking, pest control, pool(s), recreation facilities, reserve fund, roof, sewer, security, trash, water
  • City Palms Condo Subdivision
  • 10-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Game Room
  • Billiard Room
  • Business Center
  • Community Library
  • Elevator
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,636

Year Built

Built in 2008

Lot Details

0

HOA Fees

$852 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East on Okechobee, North on Quadrille, right onto Hibiscus, building will be on your right.
  • Year Built: 2008
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Dual Sinks, Entrance Foyer, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1205.0
  • Dining Room Type: Family Room
  • Stories: 10
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Wrap Around
  • Property Condition: Resale
  • Roof: Aluminum

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned

Utilities

  • Security: Door Man, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 852.0
  • Community Features: Game Room, Non-Gated, Park, Property Manager On-Site, Pool, Sauna, Sidewalks
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Library, Management, Pool, Sauna, Spa/Hot Tub, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Parking, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434321290000243
  • Lot Size: East of US-1
  • Zoning Description: QGD-10

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6636.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Mar 10, 2025
Sold by
Derrevere Jon D and Derrevere Sherry
Bought by
Kabashi Leonardo
Seller's Agent
Susan Tobin
Keller Williams Realty - Welli
Buyer's Agent
Sergio Commisso
JSM Realty Services, Inc.
List Price
$729,000
Sold Price
$595,000
Premium/Discount to List
-$134,000
-18.38%
Views
35
Current Estimated Value
$639,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,204
Avg. Annual Appreciation
14.48%
Original Mortgage
$416,500
Outstanding Balance
$414,376
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$224,828

Purchase Details

Listed on
Aug 25, 2020
Closed on
Mar 10, 2021
Sold by
Zalewski Robert
Bought by
Derrevere John D and Derrevere Sherry
Seller's Agent
Keti Ballhysa
Keller Williams Realty/P B
Buyer's Agent
Susan Tobin
Keller Williams Realty - Welli
List Price
$439,900
Sold Price
$416,000
Premium/Discount to List
-$23,900
-5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%

Purchase Details

Listed on
Jan 9, 2020
Closed on
Mar 12, 2020
Sold by
Berkowitz Maureen
Bought by
Zalewski Robert
Seller's Agent
Ginger Gowing
Luxury Real Estate Group LLC
Buyer's Agent
Debbie Elbaum
Realty ONE Group Innovation
List Price
$235,000
Sold Price
$235,100
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.95%

Purchase Details

Closed on
Jun 8, 2011
Sold by
430 Hibiscus Lp
Bought by
Berkowitz Maureen
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 Type Sale Price Title Company
Warranty Deed $595,000 Sunbelt Title
Warranty Deed $416,000 Patch Reef Title Company Inc
Warranty Deed $416,000 Patch Reef Title
Warranty Deed $235,100 New Path Title Llc
Special Warranty Deed $315,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $416,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Sold $595,000 -8.5% $494 / Sq Ft
10/21/2024 10/21/24 Price Changed $649,999 -7.0% $539 / Sq Ft
08/18/2024 08/18/24 Price Changed $699,000 -4.1% $580 / Sq Ft
07/24/2024 07/24/24 For Sale $729,000 +75.2% $605 / Sq Ft
03/11/2021 03/11/21 Sold $416,000 -5.4% $282 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
08/25/2020 08/25/20 For Sale $439,900 +87.1% $298 / Sq Ft
03/12/2020 03/12/20 Sold $235,100 0.0% $183 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $235,000 -- $182 / 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 $6,809 $365,045 -- --
2023 $6,636 $354,413 $0 $0
2022 $6,562 $344,090 $0 $0
2021 $6,503 $290,000 $0 $290,000
2020 $5,330 $275,760 $0 $0
2019 $5,246 $269,560 $0 $0
2018 $4,954 $264,534 $0 $0
2017 $4,881 $259,093 $0 $0
2016 $4,868 $253,764 $0 $0
2015 $4,965 $252,000 $0 $0
2014 $4,969 $250,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11006771

BeachesMLS

APN: 74-43-43-21-29-000-0243