$315,000
SOLD MAY 25, 2012

Reaches 5280 N Ocean Dr Unit 1C Riviera Beach, FL 33404

3 Beds
2.5 Baths
2,200 Sq Ft
$1,180/mo HOA Fee

Recently Sold

$143 Per Sq Ft

20% Below List Price

587 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Roman Tub
  • William T. Dwyer High School Rated A-
  • Gated with Attendant
  • Community Pool

About This Home

As of December 2013

Beautiful ocean views from this low floor that shows like a 3rd floor. 3BR/2.5BA immaculate & spacious beachhouse feel apartment in The Reaches. Updated kitchen & master bath, storm shutters & garage parking. Amenities include a tropical acre of landscaped pool deck surrounding the inviting pool and spa, several private enclaves for relaxation, a casual pool-side owner's lounge with wireless internet, indoor racquet ball court, lighted tennis court with shade pavilion, twenty-four hour guard gate and private beach access.

Last Agent to Sell the Property

John Nugent

Compass Florida LLC License #465526 Listed on: 09/15/2010

Compass Florida LLC

Last Buyer's Agent

Julie Modelski

The Keyes Company (PBG) License #3103635

The Keyes Company (PBG)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,948

Year Built

  • Built in 1981

Lot Details

  • Ocean Front

HOA Fees

  • $1,180 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking

Interior Spaces

  • 2,200 Sq Ft Home
  • Wet Bar
  • Bar
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56434222210000013

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, pest control, security, trash
  • 94 Units
  • High-Rise Condominium
  • Reaches Subdivision
  • 19-Story Property

Recreation

Additional Features

  • Community Storage Space
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,948

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,180 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA east to North Ocean Drive mid island on left
  • Year Built: 1981
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Entrance Foyer, Garden Tub/Roman Tub, Living/Dining Room, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2200.0
  • Stories: 19
  • Window Features: Sliding

Exterior Features

  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Deeded, Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1180.0
  • Community Features: Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Storage, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Pest Control, Security, Trash

Lot Info

  • Parcel #: 56434222210000013
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 4948.0

Multi Family

  • Number Of Units In Community: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2013
Closed on
Dec 14, 2013
Sold by
Ruta Annemarie C
Bought by
Gillis Mary Ann and Mary Ann Gillis Revocable Trust
Seller's Agent
John Nugent
Compass Florida LLC
Buyer's Agent
Carol Pirro
One World Realty Inc
List Price
$450,000
Sold Price
$360,000
Premium/Discount to List
-$90,000
-20%
Total Days on Market
587
Current Estimated Value
$1,028,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$668,400
Avg. Annual Appreciation
9.58%

Purchase Details

Listed on
Sep 15, 2010
Closed on
May 22, 2012
Sold by
Goldstein Ruth E and Young Bettina M
Bought by
Ruta Annmarie C
Seller's Agent
John Nugent
Compass Florida LLC
Buyer's Agent
Julie Modelski
The Keyes Company (PBG)
List Price
$395,000
Sold Price
$315,000
Premium/Discount to List
-$80,000
-20.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Feb 28, 2006
Sold by
Goldstein Ruth E and Young Bettina M
Bought by
Goldstein Ruth E

Purchase Details

Closed on
Feb 26, 2005
Sold by
Ragazzi Bruno
Bought by
Young Bettina M
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 $360,000 Assured Title Agency
Warranty Deed $315,000 Attorney
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2013 12/18/13 Sold $360,000 -20.0% $164 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $450,000 +42.9% $205 / Sq Ft
05/25/2012 05/25/12 Sold $315,000 -20.3% $143 / Sq Ft
04/25/2012 04/25/12 Pending -- -- --
09/15/2010 09/15/10 For Sale $395,000 -- $180 / 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 $2,458 $277,708 -- --
2023 $4,718 $269,619 $0 $0
2022 $4,732 $261,766 $0 $0
2021 $4,703 $254,142 $0 $0
2020 $4,663 $250,633 $0 $0
2019 $4,587 $244,998 $0 $0
2018 $4,367 $240,430 $0 $0
2017 $4,319 $235,485 $0 $0
2016 $2,166 $230,642 $0 $0
2015 $4,389 $229,039 $0 $0
2014 $4,477 $227,221 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3139944

BeachesMLS

APN: 56-43-42-22-21-000-0013