The Plaza of the Palm Beaches 525 S Flagler Dr Unit 1003 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
2
Beds
2
Baths
1,927
Sq Ft
$2,694/mo
HOA Fee
Highlights
- Property fronts an intracoastal waterway
- Gated Community
- Community Pool
- Fitness Center
- Marble Flooring
- 2-minute walk to South Cove Natural Area
About This Home
As of September 2024Charming Two bedroom, two bathroom with sweeping views of the Ocean, Intracoastal Waterway, and the Island of Palm Beach. Over 2,100 total sq.ft. Generous living area. Marble tile, updated appliances and cabinetry, wet bar, hurricane shutters, ample storage space throughout. East and West exposures. Outdoor balcony offers exceptional living/dining space and water views. Full service, luxury building with 24-hour security, valet parking, concierge, two swimming pools, fitness room, conference room, and tennis court with pickleball. Pet friendly. Easy distance to all that the area has to offer: shops, restaurants, CityPlace, Kravis Center and Norton Museum of Art, ocean beaches and Palm Beach nightlife. Call today to preview this move-in ready residence.
Last Agent to Sell the Property
Sotheby's Intl. Realty, Inc. License #3024904 Listed on: 02/01/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,048
Year Built
- Built in 1986
HOA Fees
- $2,694 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 1,927 Sq Ft Home
- Marble Flooring
- Washer and Dryer
Kitchen
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Home Security
Additional Features
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 74434322250001003
Community Details
Overview
- Plaza Of The Palm Beaches Subdivision
- 32-Story Property
Recreation
Security
- Resident Manager or Management On Site
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2024
Closed on
Sep 9, 2024
Sold by
Marshall Nancy B and Nancy B Marshall Revocable Trust
Bought by
Maguire Marcy
Seller's Agent
Andrew Thomka-Gazdik
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Brent Enck
FiveSixOne Real Estate LLC
List Price
$2,395,000
Sold Price
$1,500,000
Premium/Discount to List
-$895,000
-37.37%
Total Days on Market
136
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,609
Avg. Annual Appreciation
6.39%
Original Mortgage
$900,000
Outstanding Balance
$893,264
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$680,958
Purchase Details
Closed on
May 31, 2016
Sold by
Marshall Nancy and Marshall John
Bought by
Marshall Nancy B
Purchase Details
Closed on
Apr 17, 2000
Sold by
Lee San Khung J
Bought by
Marshall John and Marshall Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 30, 1995
Sold by
Brassner Jules and Brassner Sanlee
Bought by
Brassner Sanlee
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,500,000 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $350,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | New Conventional | |
| Previous Owner | $271,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $300,700 | Unknown | |
| Previous Owner | $315,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2024 09/09/24 | Sold | $1,500,000 | -21.1% | $778 / Sq Ft |
| 06/17/2024 06/17/24 | Pending | -- | -- | -- |
| 04/22/2024 04/22/24 | Price Changed | $1,900,000 | -20.7% | $986 / Sq Ft |
| 02/01/2024 02/01/24 | For Sale | $2,395,000 | -- | $1,243 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $6,214 | $328,022 | -- | -- |
| 2023 | $6,048 | $318,468 | $0 | $0 |
| 2022 | $6,070 | $309,192 | $0 | $0 |
| 2021 | $6,047 | $300,186 | $0 | $0 |
| 2020 | $6,010 | $296,041 | $0 | $0 |
| 2019 | $6,152 | $289,385 | $0 | $0 |
| 2018 | $5,598 | $283,989 | $0 | $0 |
| 2017 | $5,516 | $278,148 | $0 | $0 |
| 2016 | $5,509 | $272,427 | $0 | $0 |
| 2015 | $5,613 | $270,533 | $0 | $0 |
| 2014 | $5,615 | $268,386 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Thomka-Gazdik
Seller's Agent in 2024
Andrew Thomka-Gazdik
Sotheby's Intl. Realty, Inc.
(561) 714-8955
30 in this area
51 Total Sales
-
Brent Enck
B
Buyer's Agent in 2024
Brent Enck
FiveSixOne Real Estate LLC
(561) 306-7338
14 in this area
29 Total Sales
About The Plaza of the Palm Beaches
Map
Source: BeachesMLS
MLS Number: R10955734
APN: 74-43-43-22-25-000-1003
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