NOT LISTED FOR SALE

511 W Pine St Unit A & B Lantana, FL 33462

Ocean Breeze Neighborhood

Estimated Value: $579,000 - $755,646

4 Beds
4 Baths
980 Sq Ft
$675/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $480,000 $490 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,375/month

49 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Paved or Partially Paved Lot
  • Tile Flooring
  • Ceiling Fan

About This Home

As of May 2021

Newly built, turnkey, duplex income property. Built in 2018, both units feature 2 bedrooms and 2 bathrooms. Beautiful tile throughout with open split floor plans, SS appliances, and granite countertops in the kitchen and bathrooms. All bedrooms have plenty of storage, with built in closet organizers and hurricane impact windows. Full size washer & dryer in both units and each unit is individually metered for electric. Large fenced in yard for the kids to play. No Hoa and close to the beaches.

Last Agent to Sell the Property

Jimmy Middleton

Florida Premier Realty of the Palm Beaches LLC License #3286967 Listed on: 01/27/2021

Florida Premier Realty of the Palm Beaches LLC

Last Buyer's Agent

Maria Padron

Trinity Luxe Realty Inc License #3354512

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,355

Year Built

  • Built in 2018

Lot Details

  • Paved or Partially Paved Lot
  • Sprinkler System

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 4 Bathrooms
  • 980 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lantana Amnded Plat In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40434503100170160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,355

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: East to Broadway make a Right then a Left on W Pine Street. Duplex will be on your Left.
  • Year Built: 2018
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 980.0
  • Window Features: Blinds, Storm Window(s)

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Fencing: Fenced
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 40434503100170160
  • Mobile Dim Units: Feet
  • Zoning: Multifamily

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7355.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2022
Sold by
Morrison Ryan C
Bought by
Armor Property Holdings Llc
Current Estimated Value
$661,912

Purchase Details

Listed on
Jan 27, 2021
Closed on
May 11, 2021
Sold by
George Stephen Michael
Bought by
Morrison Ryan C
Seller's Agent
Jimmy Middleton
Florida Premier Realty of the Palm Beaches LLC
Buyer's Agent
Maria Padron
Trinity Luxe Realty Inc
List Price
$550,000
Sold Price
$480,000
Premium/Discount to List
-$70,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$379,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2016
Sold by
Clapp Roger E and Clapp Ronald
Bought by
George Stephen Michael

Purchase Details

Closed on
Oct 17, 2011
Sold by
Clapp Roger E and Clapp Ronald
Bought by
Broadway Management 2 Real Estate Trust and Clapps 210 S Broadway Real Estate Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Armor Property Holdings Llc -- Legal Advocates Pllc
Morrison Ryan C $480,000 Attorney
George Stephen Michael -- Standard Title Ins Agency In
George Stephen Michael $51,000 Standard Title Ins Agency In
Broadway Management 2 Real Estate Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrison Ryan C $379,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2021 05/11/21 Sold $480,000 -12.7% $490 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $550,000 -- $561 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $11,242 $548,546 -- --
2024 $11,242 $498,678 -- --
2023 $9,755 $453,344 $185,040 $268,304
2022 $9,874 $446,147 $0 $0
2021 $7,001 $301,643 $108,000 $193,643
2020 $7,355 $317,386 $92,000 $225,386
2019 $6,923 $296,718 $80,000 $216,718
2018 $1,399 $71,642 $71,642 $0
2017 $1,272 $62,297 $62,297 $0
2016 $824 $35,793 $0 $0
2015 $713 $32,539 $0 $0
2014 $634 $29,581 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jimmy Middleton

    Florida Premier Realty of the Palm Beaches LLC

    (561) 305-2783

    2 in this area

    23 Total Sales

    Jimmy Middleton
    Section Image

  • M

    Buyer's Agent in 2021

    Maria Padron

    Trinity Luxe Realty Inc

    (561) 436-8423

    1 in this area

    81 Total Sales

    Maria Padron
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10687892

BeachesMLS (Greater Fort Lauderdale)

APN: 40-43-45-03-10-017-0160

Florida Palm Beach County Lantana 33462 Ocean Breeze

511 W Pine St Unit A & B, Lantana, FL

Not Listed for Sale

MultiFamily

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