NOT LISTED FOR SALE

Reaches 5280 N Ocean Dr Unit 3D Floor 3 Riviera Beach, FL 33404

Estimated Value: $649,339 - $1,065,000

2 Beds
2 Baths
1,668 Sq Ft
$934/mo HOA Fee

Last Sold April 09, 2014

Last sale price $415,000 $249 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $6,127/month

136 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Clubhouse
  • William T. Dwyer High School Rated A-
  • Gated with Attendant
  • Marble Flooring

About This Home

As of April 2014

Intracoastal and ocean views from totally refurbished 2/2 with bonus room. New open kitchen with granite counter tops and wood cabinets. Marble floors in living area and hard wood in bedrooms. All bathrooms are completely redone. Offered beautifully furnished. Reaches has just finished and paid for all building and pool deck concrete work. A new seawall was added. 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, and 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: 10/24/2013

Compass Florida LLC

Last Buyer's Agent

Robert Westlake

Inactive Member License #3222303

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,859

Year Built

  • Built in 1981

Lot Details

  • Ocean Front

HOA Fees

  • $934 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,668 Sq Ft Home
  • Furnished
  • Sliding Windows
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 56434222210000034

Community Details

Overview

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

Amenities

  • Bike Room

Recreation

  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,859

Year Built

Built in 1981

Lot Details

0

HOA Fees

$934 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA East to Ocean Drive.
  • Year Built: 1981
  • Architectural Style: High Rise
  • Entry Level: 3
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Living/Dining Room, Split Bedrooms, Separate Shower
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood, Marble, Wood
  • Living Area: 1668.0
  • Dining Room Type: Laundry
  • Stories: 19
  • Window Features: Sliding

Exterior Features

  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest

Utilities

  • Security: Gated with Guard, Phone Entry
  • 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: 934.0
  • Community Features: Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Spa/Hot Tub, Tennis Court(s), Trash
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Structure, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 56434222210000034
  • Zoning Description: res

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4859.0

Multi Family

  • Number Of Units In Community: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2013
Closed on
Apr 8, 2014
Sold by
Fallone Roberto and Fallone Anthony Mark
Bought by
Alciviades John
Seller's Agent
John Nugent
Compass Florida LLC
Buyer's Agent
Robert Westlake
Inactive Member
List Price
$458,000
Sold Price
$415,000
Premium/Discount to List
-$43,000
-9.39%
Current Estimated Value
$826,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,835
Avg. Annual Appreciation
6.08%
Original Mortgage
$200,000
Outstanding Balance
$56,249
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$770,586

Purchase Details

Closed on
Jun 24, 2009
Sold by
Deutsche Bank Trust Company Na
Bought by
Fallone Roberto

Purchase Details

Closed on
Oct 23, 2007
Sold by
Beers Dorothea M
Bought by
Merrill Lynch Bank & Trust Co Fsb and The Dorothea Beers Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alciviades John $415,000 Assured Title Agency
Fallone Roberto $210,000 Cove Title Services
Merrill Lynch Bank & Trust Co Fsb -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alciviades John $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2014 04/09/14 Sold $415,000 -9.4% $249 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
10/24/2013 10/24/13 For Sale $458,000 -- $275 / 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
2025 $10,176 $512,435 -- --
2024 $10,176 $465,850 -- --
2023 $9,353 $423,500 $0 $0
2022 $8,556 $385,000 $0 $0
2021 $7,719 $350,000 $0 $350,000
2020 $8,216 $370,000 $0 $370,000
2019 $8,298 $370,000 $0 $370,000
2018 $7,990 $370,000 $0 $370,000
2017 $7,699 $385,000 $0 $0
2016 $6,811 $300,000 $0 $0
2015 $6,534 $280,000 $0 $0
2014 $5,464 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Nugent

    Seller's Agent in 2014

    John Nugent

    Compass Florida LLC

    (561) 301-3371

    100 in this area

    106 Total Sales

    John Nugent
    Section Image

  • R

    Buyer's Agent in 2014

    Robert Westlake

    Inactive Member

See All Agents

About Reaches

Map

Source: BeachesMLS

MLS Number: R9988162

BeachesMLS

APN: 56-43-42-22-21-000-0034

Florida Palm Beach County Riviera Beach 33404

5280 N Ocean Dr Unit 3D, Riviera Beach, FL

Not Listed for Sale

Condos

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