NOT LISTED FOR SALE

The Plaza of the Palm Beaches 525 S Flagler Dr Unit 12CD West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $3,747,000 - $4,840,000

3 Beds
3.5 Baths
4,018 Sq Ft
$4,734/mo HOA Fee

Last Sold May 09, 2024

Last sale price $3,565,000 $887 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $32,729/month

47 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • Ocean View
  • Fitness Center
  • 2-minute walk to South Cove Natural Area

About This Home

As of May 2024

Large double unit. A unique opportunity to renovate and live in this condominium residence. More than 4,000 square feet with a sensible floor plan overlooking the Intracoastal, ocean and downtown city area. A full service building featuring two pools, large exercise facility, 24 hour security, valet parking and more. Great opportunity.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates License #202740 Listed on: 02/29/2024

Last Buyer's Agent

Valentina Kraver

Douglas Elliman License #3393055

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,887

Year Built

  • Built in 1986

Lot Details

HOA Fees

  • $4,734 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

Interior Spaces

  • 4,018 Sq Ft Home
  • Entrance Foyer
  • Florida or Dining Combination
  • Den

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 74434322250001203

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, pest control, sewer, water
  • The Plaza Of The Palm Bea Subdivision
  • 33-Story Property

Amenities

  • Doorman

Recreation

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,887

Year Built

Built in 1986

Lot Details

0

HOA Fees

$4,734 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1986
  • Entry Level: 12
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Entrance Foyer, Elevator, Family/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Tile, Wood
  • Living Area: 4018.0
  • Dining Room Type: Den, Laundry
  • Stories: 33

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Ocean, Water
  • Pool Features: Pool, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Garage

Utilities

  • Security: Door Man, Gated with Guard, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 4734.0
  • Community Features: Gated, Pickleball, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pickleball, Pool, Sauna, Trash
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 74434322250001203
  • Zoning Description: 0400

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12887.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
May 9, 2024
Sold by
Eleanor F Weinstock Revocable Trust and Weinstock Jane
Bought by
Kaftan Florida Investment Llc
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates
Buyer's Agent
Valentina Kraver
Douglas Elliman
List Price
$4,875,000
Sold Price
$3,565,000
Premium/Discount to List
-$1,310,000
-26.87%
Views
81
Current Estimated Value
$4,168,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,178
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Jan 6, 2016
Sold by
Weinstock Eleanor
Bought by
Eleanor Weinstock Revocable Trust and Weinstock Jane

Purchase Details

Closed on
Dec 28, 2015
Sold by
Weinstock Eleanor
Bought by
Weinstock Eleanor

Purchase Details

Closed on
Oct 16, 2008
Sold by
Weinstock Eleanor
Bought by
Weinstock Eleanor

Purchase Details

Closed on
Jun 10, 1998
Sold by
Werneck Kathleen
Bought by
Scharf Paul L
Source: Public Records

Range of Values:

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Average Value
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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
Kaftan Florida Investment Llc $3,565,000 None Listed On Document
Eleanor Weinstock Revocable Trust -- Attorney
Weinstock Eleanor -- Attorney
Weinstock Eleanor -- Attorney
Weinstock Eleanor -- Attorney
Scharf Paul L $310,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $3,565,000 -10.3% $887 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
03/15/2024 03/15/24 Price Changed $3,975,000 -18.5% $989 / Sq Ft
02/29/2024 02/29/24 For Sale $4,875,000 -- $1,213 / 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 $63,406 $2,950,000 -- --
2023 $13,011 $636,258 $0 $0
2022 $12,887 $617,726 $0 $0
2021 $12,873 $599,734 $0 $0
2020 $12,808 $591,454 $0 $0
2019 $13,146 $578,156 $0 $0
2018 $12,024 $567,376 $0 $0
2017 $11,897 $555,706 $0 $0
2016 $11,877 $544,276 $0 $0
2015 $12,104 $540,493 $0 $0
2014 $12,115 $536,203 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lawrence A Moens

    Lawrence A. Moens Associates

    (561) 655-5510

    5 in this area

    119 Total Sales

    Section Image
  • Valentina Kraver

    Buyer's Agent in 2024

    Valentina Kraver

    Douglas Elliman

    (561) 655-8600

    2 in this area

    24 Total Sales

    Section Image
  • Sasha Kraver

    Buyer Co-Listing Agent in 2024

    Sasha Kraver

    Douglas Elliman

    (305) 409-1352

    1 in this area

    20 Total Sales

    Section Image
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About The Plaza of the Palm Beaches

Map

Source: BeachesMLS

MLS Number: R10964118

BeachesMLS

APN: 74-43-43-22-25-000-1203

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

525 S Flagler Dr Unit 12CD, West Palm Beach, FL

This home is located at 525 S Flagler Dr Unit 12CD, West Palm Beach, FL 33401 since 29 February 2024 and is currently estimated at $4,241,919, approximately $1,055 per square foot. This property was built in 1986. 525 S Flagler Dr Unit 12CD is a home located in Palm Beach County with nearby schools including U. B. Kinsey/Palmview Elementary School, Conniston Middle School, and Forest Hill Community High 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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