$7,240,000
SOLD MAR 28, 2025
3 Beds
4.5 Baths
3,841 Sq Ft
$5,589/mo HOA Fee

Recently Sold

$1,885 Per Sq Ft

13% Below List Price

Highlights

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

About This Home

As of March 2025

First time on the market in 24 years, one of only four Grand Penthouses at The Plaza. Classic elegance abounds, boasting 12 ft. ceilings with dome ceilings in the entry foyer leading into the grand living space with a fireplace at the focal point, complimenting the unparalleled panoramic views of the intracoastal, the island Palm Beach, and Atlantic Ocean. Chef's kitchen, separate butler's pantry, staff powder room, laundry room. and impact windows. Private dining room, executive office with custom cabinetry with spectacular water views. Situated on a prestigious Flagler Drive, The Plaza's 5 Star Service is unrivaled including 24-hour valet, two pools, a tennis court, pickleball, an exercise room, and a club room

Last Agent to Sell the Property

Linda R Olsson

Linda R. Olsson, Inc. License #432027 Listed on: 03/28/2025

Last Buyer's Agent

Lori Cronican

Douglas Elliman License #3389273

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,594

Year Built

  • Built in 1986

Lot Details

HOA Fees

  • $5,589 Monthly HOA Fees

Property Views

Interior Spaces

  • 3,841 Sq Ft Home
  • Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 74434322250003303

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), security, trash
  • Plaza Of The Palm Beaches Subdivision
  • 33-Story Property

Amenities

  • Doorman

Recreation

  • Community Cabanas

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,594

Year Built

Built in 1986

Lot Details

0

HOA Fees

$5,589 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1986
  • Entry Level: 32
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Dual Sinks, Eat-in Kitchen, Elevator, Fireplace, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 3841.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 33

Exterior Features

  • Exterior Features: TV Antenna
  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Door Man, Gated with Guard
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 5589.0
  • Community Features: Gated, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Cabana, Fitness Center, Management, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Security, Trash

Lot Info

  • Parcel #: 74434322250003303
  • Lot Size: East of US-1
  • Zoning Description: FWD-5(

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 32594.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
Mar 28, 2025
Sold by
Dreyfoos Renate E
Bought by
Dimont Bernard
Seller's Agent
Linda R Olsson
Linda R. Olsson, Inc.
Buyer's Agent
Lori Cronican
Douglas Elliman
List Price
$8,295,000
Sold Price
$7,240,000
Premium/Discount to List
-$1,055,000
-12.72%
Total Days on Market
0
Views
1
Current Estimated Value
$6,962,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$277,523
Avg. Annual Appreciation
-10.57%

Purchase Details

Closed on
May 5, 2000
Sold by
Dean Patricia B
Bought by
Dreyfoos Alexander W

Purchase Details

Closed on
Apr 5, 1999
Sold by
Modell Patricia B
Bought by
Dean Patty
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 Type Sale Price Title Company
Warranty Deed $7,240,000 None Listed On Document
Warranty Deed $7,240,000 None Listed On Document
Warranty Deed $2,600,000 --
Warranty Deed $2,200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,800,000 Unknown
Previous Owner $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $7,240,000 -12.7% $1,885 / Sq Ft
03/28/2025 03/28/25 For Sale $8,295,000 -- $2,160 / 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 $32,594 $1,559,361 -- --
2023 $31,945 $1,513,943 $0 $0
2022 $31,684 $1,469,848 $0 $0
2021 $31,691 $1,427,037 $0 $0
2020 $31,549 $1,407,334 $0 $0
2019 $32,427 $1,375,693 $0 $0
2018 $29,741 $1,350,042 $0 $0
2017 $29,488 $1,322,274 $0 $0
2016 $29,464 $1,295,077 $0 $0
2015 $30,033 $1,286,074 $0 $0
2014 $30,067 $1,275,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11076071

BeachesMLS

APN: 74-43-43-22-25-000-3303