NOT LISTED FOR SALE

The Plaza of the Palm Beaches 525 S Flagler Dr Unit 29A&B West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $4,306,693 - $5,577,000

4 Beds
3.5 Baths
4,018 Sq Ft
$3,761/mo HOA Fee

Last Sold March 19, 2019

Last sale price $3,116,000 $776 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $37,255/month

38 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • 148,951 Sq Ft lot
  • Community Pool
  • Fitness Center
  • Wood Flooring
  • 2-minute walk to South Cove Natural Area

About This Home

As of March 2019

The delightful result of Form meeting Function is Units 29 A & B being combined into an aesthetically pleasing form with the function of a well-crafted floor plan that lives like a house. With over 4000 square feet the apartment offers a total of 4 bedrooms, three being to one side and nicely separated from the master suite. The living space is all very open, bright and offers stunning views of the ICW and Atlantic Ocean. An owner's art collection can be beautifully showcased with the lovely ''gallery walls and lighting'' throughout. The large and open new kitchen is outfitted with every amenity a chef could want. Beautiful marble baths throughout accentuate the thought & design that prevails through this beautiful home.

Last Agent to Sell the Property

Lynn Warren

Sotheby's Intl. Realty, Inc. License #497454 Listed on: 01/09/2019

Sotheby's Intl. Realty, Inc.

Co-Listed By

Gary Little

Sotheby's Intl. Realty, Inc. License #497423

Last Buyer's Agent

JIM McCANN

Premier Estate Properties, Inc License #397290

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48,894

Year Built

  • Built in 1986

Lot Details

  • 3.42

HOA Fees

  • $3,761 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 4,018 Sq Ft Home
  • Wood Flooring
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Sinks

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434322250002901

Community Details

Overview

  • Trump Plaza Of The Palm B Subdivision
  • 33-Story Property

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$48,894

Year Built

Built in 1986

Lot Details

0

HOA Fees

$3,761 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee Blvd. to South Flagler go north to building
  • Year Built: 1986
  • Entry Level: 29
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: None

Interior Features

  • Interior Amenities: Dual Sinks
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Wood
  • Living Area: 4018.0
  • Stories: 33

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • 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: 3761.0
  • Community Features: Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434322250002901
  • Lot Size Sq Ft: 148951.0
  • Zoning Description: FWD-5(
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 48894.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Burns Eileen C
Bought by
Brian P Burns Marital Trust and Quick Thomas C
Current Estimated Value
$5,013,717

Purchase Details

Listed on
Jan 9, 2019
Closed on
Mar 19, 2019
Sold by
Galli Gail Hughes
Bought by
Burns Brian P and Burns Eileen C
Seller's Agent
Lynn Warren
Sotheby's Intl. Realty, Inc.
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc
List Price
$3,500,000
Sold Price
$3,116,000
Premium/Discount to List
-$384,000
-10.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%

Purchase Details

Listed on
Apr 1, 2014
Closed on
Mar 13, 2015
Sold by
Georgas Gregory and Georgas Anastasia Constantine
Bought by
Galli Robert G and Galli Gail Hughes
Seller's Agent
GREGORY GIULIANO
THE FITE GROUP
Buyer's Agent
GAIL HUGHES
THE CORCORAN GROUP 2435
List Price
$2,750,000
Sold Price
$2,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$2,000,100
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 20, 2010
Sold by
Georgas Gregory
Bought by
Georgas Gregory and Georgas Anastasia Constantine

Purchase Details

Closed on
Jul 23, 2004
Sold by
Griff Nancy S and Reiter Scott
Bought by
Georgas Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,407,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1998
Sold by
Dean Roger
Bought by
Griff Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 1995
Sold by
Aoyama Osamu and Aoyama Tomoko
Bought by
Dean Roger
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
Brian P Burns Marital Trust -- None Listed On Document
Burns Brian P $3,116,000 Attorney
Galli Robert G $2,750,000 None Available
Georgas Gregory -- Attorney
Georgas Gregory $860,000 --
Georgas Gregory $640,000 --
Griff Nancy S $480,000 --
Dean Roger $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galli Robert G $2,000,100
Previous Owner Georgas Gregory $249,999
Previous Owner Georgas Gregory $1,378,000
Previous Owner Georgas Gregory $1,407,000
Previous Owner Griff Nancy S $200,000
Previous Owner Griff Nancy S $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2019 03/19/19 Sold $3,116,000 -11.0% $776 / Sq Ft
02/17/2019 02/17/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $3,500,000 +27.3% $871 / Sq Ft
03/13/2015 03/13/15 Sold $2,750,000 0.0% $684 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
04/01/2014 04/01/14 For Sale $2,750,000 -- $684 / 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 $72,511 $3,375,000 -- --
2023 $78,402 $3,625,000 $0 $3,625,000
2022 $46,857 $2,158,177 $0 $0
2021 $46,892 $2,095,317 $0 $0
2020 $46,687 $2,066,388 $0 $0
2019 $58,786 $2,465,980 $0 $0
2018 $53,962 $2,420,000 $0 $2,420,000
2017 $48,894 $2,420,000 $0 $0
2016 $42,754 $1,820,000 $0 $0
2015 $19,596 $852,024 $0 $0
2014 $19,616 $845,262 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Warren

    Seller's Agent in 2019

    Lynn Warren

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    21 Total Sales

    Section Image

  • G

    Seller Co-Listing Agent in 2019

    Gary Little

    Sotheby's Intl. Realty, Inc.

    (561) 309-6379

    22 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    JIM McCANN

    Premier Estate Properties, Inc

    (561) 307-1525

    9 in this area

    75 Total Sales

    Section Image

  • G

    Seller's Agent in 2015

    GREGORY GIULIANO

    THE FITE GROUP

  • C

    Seller Co-Listing Agent in 2015

    CHRISTOPHER DEITZ

    THE FITE GROUP

  • G

    Buyer's Agent in 2015

    GAIL HUGHES

    THE CORCORAN GROUP 2435

See All Agents

About The Plaza of the Palm Beaches

Map

Source: BeachesMLS

MLS Number: R10493774

BeachesMLS

APN: 74-43-43-22-25-000-2901

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

525 S Flagler Dr Unit 29A&B, West Palm Beach, FL

This home is located at 525 S Flagler Dr Unit 29A&B, West Palm Beach, FL 33401 since 09 January 2019 and is currently estimated at $4,943,564, approximately $1,230 per square foot. This property was built in 1986. 525 S Flagler Dr Unit 29A&B 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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