$390,000
SOLD MAY 30, 2013

Reaches 5280 N Ocean Dr Unit 8F Riviera Beach, FL 33404

3 Beds
2.5 Baths
2,200 Sq Ft
$1,233/mo HOA Fee

Recently Sold

$177 Per Sq Ft

13% Below List Price

23 Days on Market

Highlights

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

About This Home

As of May 2013

Panoramic southerly views of ocean, skyline and Lake Worth from 2200 square feet of living area. 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 underground parking, private beach access.

Last Agent to Sell the Property

John Nugent

Compass Florida LLC License #465526 Listed on: 05/06/2013

Compass Florida LLC

Last Buyer's Agent

John Nugent

Compass Florida LLC License #465526 Listed on: 05/06/2013

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,203

Year Built

  • Built in 1981

Lot Details

  • Ocean Front

HOA Fees

  • $1,233 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 2,200 Sq Ft Home
  • Wet Bar
  • Partially Furnished
  • Bar
  • Sliding Windows
  • 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
  • Laundry Tub

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56434222210000086

Community Details

Overview

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

Amenities

Recreation

  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,203

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,233 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 the left.
  • Year Built: 1981
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Garden Tub/Roman Tub, Living/Dining Room, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Partially
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, 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: Intercoastal, 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
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest

Utilities

  • Laundry Features: Laundry Tub
  • 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: 1233.0
  • Community Features: Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Spa/Hot Tub, Tennis Court(s), Trash
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 56434222210000086
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 7203.0

Multi Family

  • Number Of Units In Community: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Schiff Bruce C and Schiff Benilda
Bought by
Bruce And Benilda Schiff Florida Residence Tr and Schiff
Current Estimated Value
$1,147,896

Purchase Details

Listed on
May 6, 2013
Closed on
May 30, 2013
Sold by
Beatrice Desacy
Bought by
Schiff Bruce C
Seller's Agent
John Nugent
Compass Florida LLC
Buyer's Agent
John Nugent
Compass Florida LLC
List Price
$450,000
Sold Price
$390,000
Premium/Discount to List
-$60,000
-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
9.49%

Purchase Details

Closed on
Mar 31, 2000
Sold by
John Teeter Tr
Bought by
Elbaz Jean S

Purchase Details

Closed on
Aug 5, 1998
Sold by
Ortino Beatriz M M
Bought by
Hernan Bernece

Purchase Details

Closed on
Apr 6, 1994
Sold by
Ortino Hector R
Bought by
Ortino Beatriz M Mayantz
Source: Public Records

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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 -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $390,000 Attorney
Warranty Deed $275,000 --
Warranty Deed $287,500 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2018 12/01/18 Rented $7,200 0.0% --
11/01/2018 11/01/18 Under Contract -- -- --
04/28/2018 04/28/18 For Rent $7,200 -0.7% --
01/07/2017 01/07/17 Rented $7,250 -9.4% --
12/08/2016 12/08/16 Under Contract -- -- --
05/03/2016 05/03/16 For Rent $8,000 +100.0% --
10/01/2015 10/01/15 Rented $4,000 -46.7% --
09/01/2015 09/01/15 Under Contract -- -- --
05/11/2015 05/11/15 For Rent $7,500 0.0% --
05/30/2013 05/30/13 Sold $390,000 -13.3% $177 / Sq Ft
05/06/2013 05/06/13 For Sale $450,000 -- $205 / 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 $9,143 $791,945 -- --
2023 $15,657 $719,950 $0 $0
2022 $14,316 $654,500 $0 $0
2021 $13,055 $595,000 $0 $595,000
2020 $13,155 $595,000 $0 $595,000
2019 $13,182 $680,000 $0 $680,000
2018 $11,660 $620,000 $0 $620,000
2017 $11,144 $620,000 $0 $0
2016 $9,507 $411,400 $0 $0
2015 $8,928 $374,000 $0 $0
2014 $8,155 $340,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3365440

BeachesMLS

APN: 56-43-42-22-21-000-0086