NOT LISTED FOR SALE

The Plaza of the Palm Beaches 525 S Flagler Dr Unit 2804 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $2,161,251 - $2,842,000

3 Beds
2 Baths
2,091 Sq Ft
$1,168/Sq Ft Est. Value

Last Sold March 19, 2014

Last sale price $650,000 $311 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $15,579/month

Highlights

  • Doorman
  • Tennis Courts
  • Wood Flooring
  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • 2-minute walk to South Cove Natural Area

About This Home

As of January 2021

RENTED ON AN ANNUAL BASIS.

Last Agent to Rent the Property

Elizabeth Hoadley

Purely Palm Beach Real Estate License #BK-3278009 Listed on: 11/03/2020

Last Renter's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $30,757

Year Built

  • Built in 1986

Lot Details

  • Home has East and West Exposure
  • Sprinkler System

Parking

  • 2 Car Garage

Interior Spaces

  • 2,091 Sq Ft Home
  • Dining Area
  • Home Gym

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Pest Guard System

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Tennis Courts

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $9,000
  • Rent includes cable TV, water, sewer
  • 12 Month Lease Term
  • Assessor Parcel Number 74434322250002804

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • 221 Units
  • On-Site Maintenance
  • 33-Story Property

Amenities

  • Doorman
  • Elevator

Recreation

  • Pool Services

Pet Policy

  • Pet Restriction

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$30,757

Year Built

Built in 1986

Lot Details

0

Rental Info

  • Pets Other: Security or ESA only

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: N/A
  • Directions: On Flagler Drive two blocks north of Okeechobee Blvd.
  • Architectural Style: Three + Story
  • Year Built: 1986
  • General Property Description:Living Area: 2091.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: Yes
  • General Property Description:_pound_ Units in Complex: 221
  • General Property Description:_pound_ Floors: 33.0
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Floors:Hardwood: Yes
  • Contract Information:Deposit Amount: 9000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: Pets w/Restrictions
  • Lease Type:Annual: Yes
  • Style:Three Story: Yes
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Services Included:Garbage: Yes
  • Utilities Included:Basic Cable TV: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • Waterfront-Unit:ICW-Across Bike Path2: Yes
  • Services Included:Pest Control2: Yes
  • Services Included:Yard Services: Yes
  • Services Included:Pool Services: Yes
  • Waterfront - Unit:Intracoastal-Direct4: Yes
  • Waterfront - Unit:ICW - Across Street3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Wndw Trmnts Included, Smoke Alarms, Pantry
  • Living Area: 2091.0
  • Stories: 33
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Smoke Alarms2: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: No
  • Exterior Features: Balcony, Tennis Court-Hard, Storm Shutters, Sprinkler System, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court - Hard: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes
  • Parking:Other14: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security Guards, Doorperson
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Water, Sewer
  • Amenities: Full Time Manager, Other Services, Pest Control, Garbage, Pool Services, Yard Services

Association/Amenities

  • Restrictions:Condo Association: Yes

Lot Info

  • Parcel #: 74434322250002804

Multi Family

  • Number Of Units Total: 221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2015
Sold by
Farris Ray K
Bought by
Florida Condo Properties Llc
Current Estimated Value
$2,443,084

Purchase Details

Listed on
Oct 30, 2013
Closed on
Mar 19, 2014
Sold by
Dipaola Thomas and Di Paola Robert
Bought by
Farris Ii Ray K
Seller's Agent
Gary Little
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Lynn Warren
Sotheby's Intl. Realty, Inc.
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%

Purchase Details

Closed on
Jan 13, 2011
Sold by
Baxter Lionel
Bought by
The Margaret Baxter Trust

Purchase Details

Closed on
Aug 18, 2010
Sold by
Salk Barbara G
Bought by
Baxter Lionel

Purchase Details

Closed on
Dec 14, 2009
Sold by
Hallford Gregory L
Bought by
Salk Barbara G

Purchase Details

Closed on
Oct 14, 2005
Sold by
Cohen William S
Bought by
Salk Barbara G and Hallford Gregory L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 7, 2001
Sold by
Massimo Paccagnella I
Bought by
Cohen William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
7.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Florida Condo Properties Llc -- Attorney
Farris Ii Ray K $650,000 Attorney
The Margaret Baxter Trust -- Attorney
Baxter Lionel $600,000 Old School Title Company
Salk Barbara G -- Attorney
Salk Barbara G $1,175,000 --
Cohen William S $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salk Barbara G $940,000
Previous Owner Cohen William S $650,000
Previous Owner Cohen William S $150,000
Previous Owner Cohen William S $650,000
Previous Owner Cohen William S $100,000
Previous Owner Cohen William S $650,000
Previous Owner Cohen William S $51,250
Previous Owner Cohen William S $660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Rented $9,000 0.0% --
12/08/2020 12/08/20 Under Contract -- -- --
11/03/2020 11/03/20 For Rent $9,000 0.0% --
03/19/2014 03/19/14 Sold $650,000 -13.3% $311 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
10/30/2013 10/30/13 For Sale $750,000 -- $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 $30,757 $1,211,210 -- --
2023 $28,727 $1,101,100 $0 $0
2022 $25,023 $1,001,000 $0 $0
2021 $20,896 $910,000 $0 $910,000
2020 $23,740 $1,025,000 $0 $1,025,000
2019 $24,463 $1,010,000 $0 $1,010,000
2018 $20,748 $910,000 $0 $910,000
2017 $21,005 $910,000 $0 $0
2016 $21,438 $910,000 $0 $0
2015 $15,752 $650,000 $0 $0
2014 $14,721 $592,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Hoadley

    Landlord's Agent in 2021

    Elizabeth Hoadley

    Purely Palm Beach Real Estate

    (561) 635-8149

    3 in this area

    54 Total Sales

    Elizabeth Hoadley
    Section Image
  • Dana Koch

    Tenant's Agent in 2021

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    14 in this area

    223 Total Sales

    Dana Koch
    Section Image

  • G

    Seller's Agent in 2014

    Gary Little

    Sotheby's Intl. Realty, Inc.

    (561) 309-6379

    19 Total Sales

    Gary Little
    Section Image
  • Lynn Warren

    Seller Co-Listing Agent in 2014

    Lynn Warren

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    18 Total Sales

    Lynn Warren
    Section Image
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About The Plaza of the Palm Beaches

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-1914

APN: 74-43-43-22-25-000-2804

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

525 S Flagler Dr Unit 2804, West Palm Beach, FL

This home is located at 525 S Flagler Dr Unit 2804, West Palm Beach, FL 33401 since 03 November 2020 and is currently priced at $2,443,084. This property was built in 1986. 525 S Flagler Dr Unit 2804 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.

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