NOT LISTED FOR SALE

500 S Ocean Way Unit 402 Deerfield Beach, FL 33441

Deerfield Beach Island Neighborhood

Estimated Value: $519,509 - $615,000

2 Beds
2 Baths
1,057 Sq Ft
$556/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $442,000 $418 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,257/month

315 Days on Market

Highlights

  • Ocean Front
  • Newly Remodeled
  • Active Adult
  • Fitness Center
  • Heated Pool
  • Clubhouse

About This Home

As of April 2016

Panoramic direct ocean views! Perfect location, condition and price. Beautiful unit, tastefully turn-key furnished, split beds, open balcony, central air, washer/dryer, dishwasher, loads of storage, walk-in closets, ground floor storage unit, very clean, move -in condition, just bring your tooth brush. Clubhouse, kitchen and grill patio, pitch & putt, pool, shuffle board, gated parking, private beach, directly on the sand, East of the Deerfield Beach Boardwalk, no road to cross! Private Beach. Very Nice.

Last Agent to Sell the Property

Beverly Fullwood

LoKation License #0482454 Listed on: 05/18/2015

Co-Listed By

Becky Heineken

LoKation License #0643101

Last Buyer's Agent

Charles Lynn

One Sotheby's International Realty License #3120992

One Sotheby's International Realty

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $1,935

Year Built

  • Built in 1960 | Newly Remodeled

Lot Details

  • Ocean Front

HOA Fees

  • $592 Monthly HOA Fees

Property Views

  • Ocean
  • Pool

Interior Spaces

  • 1,057 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Sliding Windows
  • Entrance Foyer
  • Impact Glass

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • Heated Pool
  • Balcony
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 484305NU0380

Community Details

Overview

  • Active Adult
  • Association fees include all facilities, management, common areas, laundry, ground maintenance, maintenance structure, parking, pool(s), recreation facilities, reserve fund, sewer, trash, water
  • Cove Beach Club Subdivision, Direct Ocean Floorplan
  • Car Wash Area
  • 8-Story Property

Amenities

  • Picnic Area
  • Clubhouse
  • Community Library
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Putting Green

Property Details

Home Type

Co-Op

Est. Annual Taxes

$1,935

Year Built

Built in 1960 | Newly Remodeled

Lot Details

0

HOA Fees

$592 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Stock Cooperative
  • Property Sub Type Additional: Stock Cooperative
  • Directions: HILLSBORO EAST TO OCEAN, SOUTH TO BUILDING. BUILDING IS DIRECTLY ON THE SAND OF DEERFIELD BEACH.
  • Year Built: 1960
  • Carport Y N: No
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Built-in Features, Bedroom on Main Level, Closet Cabinetry, Entrance Foyer, Custom Mirrors, Main Living Area Entry Level, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1057.0
  • Dining Room Type: Storage Room
  • Stories: 8
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors
  • View: Ocean, Pool
  • Pool Features: Heated
  • Waterfront Features: Beach Access, Deeded Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: New Construction

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Complex Fenced
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1776.0
  • Senior Community: Yes
  • Amenities: Clubhouse, Community Kitchen, Elevator(s), Fitness Center, Laundry, Library, Barbecue, Picnic Area, Pool, Putting Green(s), Shuffleboard Court, Storage, Trash, Vehicle Wash Area
  • Association #2 Fee: 592.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: All Facilities, Association Management, Common Areas, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 484305NU0380

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1935.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2015
Closed on
Apr 1, 2016
Bought by
Watson Marsha H and Watson Mark C
Seller's Agent
Beverly Fullwood
LoKation
Buyer's Agent
Charles Lynn
One Sotheby's International Realty
List Price
$525,000
Sold Price
$442,000
Premium/Discount to List
-$83,000
-15.81%
Current Estimated Value
$587,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,877
Avg. Annual Appreciation
3.05%
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
Watson Marsha H $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $442,000 -15.8% $418 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
05/18/2015 05/18/15 For Sale $525,000 -- $497 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Beverly Fullwood

    LoKation

  • B

    Seller Co-Listing Agent in 2016

    Becky Heineken

    LoKation

  • C

    Buyer's Agent in 2016

    Charles Lynn

    One Sotheby's International Realty

    (561) 447-0666

    24 Total Sales

    Charles Lynn
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1341637

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-05-NU-0380

Florida Broward County Deerfield Beach 33441 Deerfield Beach Island

500 S Ocean Way Unit 402, Deerfield Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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