NOT LISTED FOR SALE

Estimated Value: $347,000 - $389,412

2 Beds
2 Baths
1,250 Sq Ft
$294/Sq Ft Est. Value

Last Sold December 19, 2024

Last sale price $350,000 $280 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,779/month

125 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Outdoor Pool
  • Home fronts a seawall
  • Tennis Courts
  • 3-minute walk to Osprey Park

About This Home

As of December 2024

Direct Intracoastal view from lovely Placido Mar. The complex lives like a club with tennis courts , heated swimming pool and gym, sauna and pickleball with spectacular views overlooking the intracoastal. Unit 401 has a split bedroom floorplan and magnificent views of the intracoastal for $449,000. The Lowest priced 2 bedroom , 2 bath in West Palm Beach with an intracoastal direct view. Guard gate, security camera and lovey main floor lobby.

Last Agent to Sell the Property

Grace Brown

Brown Harris Stevens of Palm Beach 5225 License #637721 Listed on: 07/23/2024

Brown Harris Stevens of Palm Beach 5225

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1974

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

  • $1,530 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 1,250 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Home Gym

Kitchen

  • Single Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Bulkhead
  • Tennis Courts
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434304230004010

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control
  • 145 Units
  • Placido Mar Community
  • On-Site Maintenance
  • 25-Story Property

Amenities

  • Doorman
  • Common Area
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$2,368

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,530 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Placido Mar
  • Year Built: 1974
  • Location Tax Legal:Name of Building: Placido Mar
  • Location Tax Legal:Zoned: MF32
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 2368.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 1250.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1530.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 145
  • General Property Description:_pound_ Floors: 25.0
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Security System: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Floors:WW Carpeting: Yes
  • Security:Gate House: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Single, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1250.0
  • Stories: 25
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water
  • Pool Private: No
  • Exterior Features: Balcony, Seawall/Bulkhead, Storm Shutters, Tennis Court - Hard, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court - Hard: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking:Open Parking: Yes
  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Gate House, Security System, Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434304230004010
  • Zoning: MF32

Multi Family

  • Number Of Units Total: 145
  • Maintenance Expense: 1530.0

Tax Info

  • Tax Annual Amount: 2368.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Dec 19, 2024
Sold by
Baker Bernard R
Bought by
Scott Michael Diament Revocable Trust and Diament
Seller's Agent
Grace Brown
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$449,000
Sold Price
$350,000
Premium/Discount to List
-$99,000
-22.05%
Views
24
Current Estimated Value
$367,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,103
Avg. Annual Appreciation
7.88%

Purchase Details

Listed on
Jul 23, 2024
Closed on
Dec 16, 2024
Sold by
Hanna Katherine E
Bought by
Scott Michael Diament Revocable Trust and Diament
Seller's Agent
Grace Brown
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$449,000
Sold Price
$350,000
Premium/Discount to List
-$99,000
-22.05%
Views
24

Purchase Details

Listed on
Jul 23, 2024
Closed on
Dec 11, 2024
Sold by
Falls Abigail Grace
Bought by
Scott Michael Diament Revocable Trust and Diament
Seller's Agent
Grace Brown
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$449,000
Sold Price
$350,000
Premium/Discount to List
-$99,000
-22.05%
Views
24

Purchase Details

Closed on
Jul 19, 2002
Sold by
Mccarthy Mollie M and Olive Frank T
Bought by
Baker Bernard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.67%

Purchase Details

Closed on
May 20, 1996
Sold by
Venuti John A and Jaynes David A
Bought by
Mccarthy Mollie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.74%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Scott Michael Diament Revocable Trust $350,000 Premier Title
Scott Michael Diament Revocable Trust -- Premier Title
Scott Michael Diament Revocable Trust -- Premier Title
Scott Michael Diament Revocable Trust -- Premier Title
Baker Bernard R $225,000 All Florida Land Title Compa
Mccarthy Mollie M $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Bernard R $204,000
Previous Owner Baker Bernard R $105,000
Previous Owner Baker Bernard R $180,000
Previous Owner Mccarthy Mollie M $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $350,000 -11.4% $280 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/06/2024 11/06/24 Price Changed $395,000 -4.8% $316 / Sq Ft
08/26/2024 08/26/24 Price Changed $415,000 -7.6% $332 / Sq Ft
07/23/2024 07/23/24 For Sale $449,000 -- $359 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $2,445 $151,681 -- --
2023 $2,368 $147,263 $0 $0
2022 $2,323 $142,974 $0 $0
2021 $2,299 $138,810 $0 $0
2020 $2,279 $136,893 $0 $0
2019 $2,236 $133,815 $0 $0
2018 $2,072 $131,320 $0 $0
2017 $2,018 $128,619 $0 $0
2016 $2,002 $125,974 $0 $0
2015 $2,041 $125,098 $0 $0
2014 $2,039 $124,105 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1092

APN: 74-43-43-04-23-000-4010