NOT LISTED FOR SALE

506 N Ocean Breeze Lake Worth, FL 33460

Parrot Cove Neighborhood

Estimated Value: $777,000 - $883,000

4 Beds
3.5 Baths
2,057 Sq Ft
$400/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $699,000 $340 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,478/month

72 Days on Market

Highlights

  • Boat Ramp
  • Golf Course Community
  • Room in yard for a pool
  • Water Views
  • Garage Apartment
  • Deck

About This Home

As of February 2022

Character and Charm describe this spacious Key West style Parrott Cove home featuring a 3BR/2.5BA main house plus a detached 1/1 guest cottage and 2 car garage., situated comfortably in a tranquil & tropical setting. Stunning finishes including lighted tray ceilings, decorative custom moldings and hardwood & marble floorings throughout. Recent updates include new A/C systems in 2020. New appliances 2021 with gas range and all new impact windows in 2021. Wrap-around back porch perfect for outdoor entertaining. Room for a pool. A prime east side location walking distance to Golf Course, ICW/nature preserve, Bryant Park, Beaches and the historic downtown shops and dining of Lake Worth Beach.

Last Agent to Sell the Property

Erik Ring

Douglas Elliman License #3051179 Listed on: 10/21/2021

Douglas Elliman

Last Buyer's Agent

Erik Ring

Douglas Elliman License #3051179 Listed on: 10/21/2021

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,106

Year Built

  • Built in 1928

Lot Details

  • 6,750 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned SF-R(c

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Water
  • Garden

Home Design

  • Metal Roof

Interior Spaces

  • 2,057 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Single Hung Metal Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421151620020

Community Details

Overview

  • Lake Worth Town Of Subdivision

Amenities

  • Bike Room
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,106

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: US 1 North to 6th Ave N right to North Ocean Breeze right to 506 on the left side.
  • Year Built: 1928
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Living/Dining Room, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Marble, Wood
  • Living Area: 2057.0
  • Dining Room Type: Den, Family Room, Garage Apartment, In-Law Suite, Laundry, Storage Room
  • Stories: 2
  • Window Features: Impact Glass, Metal, Single Hung

Exterior Features

  • Exterior Features: Deck, Fence, Porch, Patio, Room For Pool
  • View: Garden, Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Deck, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage, On Street, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Golf, Golf Course Community, Non-Gated, Park, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Golf Course, Storage, Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434421151620020
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SF-R(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9106.0

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 27, 2022
Sold by
Moreau Philip S and Moreau Christina
Bought by
Alder Run Development Company Llc
Seller's Agent
Erik Ring
Douglas Elliman
Buyer's Agent
Erik Ring
Douglas Elliman
List Price
$729,000
Sold Price
$699,000
Premium/Discount to List
-$30,000
-4.12%
Current Estimated Value
$823,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,728
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
May 27, 2005
Sold by
Pizey Andrew S and Pizey Julie
Bought by
Moreau Philip S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 11, 2001
Sold by
Cynthia Dicintio I
Bought by
Keating Deborah W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,100
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Alder Run Development Company Llc $699,000 Kaleel Kenneth M
Moreau Philip S $580,000 --
Keating Deborah W $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreau Philip S $517,500
Previous Owner Keating Deborah W $71,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2022 02/01/22 Sold $699,000 -4.1% $340 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
10/21/2021 10/21/21 For Sale $729,000 -- $354 / 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 $13,899 $601,662 -- --
2023 $13,182 $568,236 $242,000 $326,236
2022 $9,904 $391,853 $0 $0
2021 $8,834 $356,230 $121,750 $234,480
2020 $9,106 $365,432 $100,000 $265,432
2019 $8,959 $356,414 $88,000 $268,414
2018 $8,351 $338,283 $81,566 $256,717
2017 $7,764 $327,958 $67,972 $259,986
2016 $7,190 $280,192 $0 $0
2015 $6,711 $254,720 $0 $0
2014 $6,202 $231,564 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erik Ring

    Seller's Agent in 2022

    Erik Ring

    Douglas Elliman

    (561) 441-6880

    5 in this area

    78 Total Sales

    Erik Ring
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10753684

BeachesMLS

APN: 38-43-44-21-15-162-0020

Florida Palm Beach County Lake Worth 33460 Parrot Cove

506 N Ocean Breeze, Lake Worth, FL

This home is located at 506 N Ocean Breeze, Lake Worth, FL 33460 since 21 October 2021 and is currently estimated at $823,728, approximately $400 per square foot. This property was built in 1928. 506 N Ocean Breeze is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade Elementary School, and Lake Worth Community Middle School.

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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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