$3,995,000
SOLD DEC 2, 2021

5450 Old Ocean Blvd Unit 1 Boynton Beach, FL 33435

3 Beds
3.5 Baths
3,789 Sq Ft
$1,423/mo HOA Fee

Recently Sold

$1,054 Per Sq Ft

4 Days on Market

Highlights

  • Ocean Front
  • Attic
  • Den
  • Marble Flooring
  • Community Pool
  • Breakfast Area or Nook

About This Home

As of December 2021

Newly renovated, this oceanfront residence in Ocean Ridge offers scenic ocean views, abundant privacy, and dedicated town police department. Boasting over 5,000 total square feet, the freestanding townhome has main and upper level living areas, and three bedrooms plus office. Updates include new impact glass windows and doors; new marble, wood and porcelain floors; new kitchen with Monogram appliances; new bathrooms plus sauna; new lighting and electrical; new stairs and railings; new full bar; new automated shades; new washer and dryer; and whole-house dehumidifier. Enjoy the seaside community pool and beach path to private beach. Diamond Beach is a private enclave of just 7 townhouses that allows pets and leasing with restrictions. Perfect for year-round living or South Florida getaways.

Last Agent to Sell the Property

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 10/28/2021

Douglas Elliman

Co-Listed By

Michael O'Connor

Douglas Elliman License #3380134

Last Buyer's Agent

Michael Wells

Premier Estate Properties Inc License #3306078

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $32,765

Year Built

  • Built in 1984

HOA Fees

  • $1,423 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 3,789 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Den
  • Ocean Views
  • Home Security System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Septic Tank

Additional Features

  • Patio
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 46434534330000010

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, pool(s)
  • 7 Units
  • Diamond Beach Subdivision

Recreation

  • Community Pool

Security

  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$32,765

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,423 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Woolbright east to Old Ocean Blvd south to Diamond Beach Unit 1
  • Year Built: 1984
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Breakfast Area, Eat-in Kitchen, Fireplace, Attic
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Living Area: 3789.0
  • Dining Room Type: Attic, Den, Laundry, Storage Room
  • Stories: 3
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Security: Security System
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1423.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Pool(s)

Lot Info

  • Parcel #: 46434534330000010
  • Zoning Description: RMM

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 32765.0

Multi Family

  • Number Of Units In Community: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 2, 2021
Sold by
Cullen Michael M
Bought by
Geobob Llc
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
Michael Wells
Premier Estate Properties Inc
List Price
$3,995,000
Sold Price
$3,995,000
Total Days on Market
4
Current Estimated Value
$3,844,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$150,284
Avg. Annual Appreciation
-1.08%

Purchase Details

Listed on
Oct 18, 2018
Closed on
Mar 8, 2019
Sold by
5450 Old Ocean Blvd 1 Llc
Bought by
Cullen Michael M
Seller's Agent
Jason Morss
Tangent Realty Corp
Buyer's Agent
Denise Medina
Ocean Ridge Realty Florida LLC
List Price
$2,490,000
Sold Price
$2,325,000
Premium/Discount to List
-$165,000
-6.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.84%

Purchase Details

Closed on
Nov 30, 2011
Sold by
Griff Charles and Griff Simone
Bought by
5450 Old Ocean Blvd #1 Llc

Purchase Details

Closed on
Mar 2, 2005
Sold by
Miller Robert M and Miller Barbara
Bought by
Griff Charles

Purchase Details

Closed on
Dec 21, 2001
Sold by
Mcginn Lynne P
Bought by
Miller Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.49%

Purchase Details

Closed on
Aug 25, 1998
Sold by
Burke Kathryn S
Bought by
Mcginn Lynne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 1997
Sold by
Burke E Lee
Bought by
Burke Kathryn S
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 Type Sale Price Title Company
Warranty Deed $3,995,000 Lighthouse Title Svcs Llc
Warranty Deed $2,325,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $1,830,000 Trans State Title Ins Corp
Warranty Deed $1,100,000 Fidelity National Title Ins
Warranty Deed $800,000 --
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 No Value Available
Previous Owner $1,400,000 Credit Line Revolving
Previous Owner $553,000 Unknown
Previous Owner $550,000 No Value Available
Previous Owner $600,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $3,995,000 0.0% $1,054 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $3,995,000 +71.8% $1,054 / Sq Ft
03/08/2019 03/08/19 Sold $2,325,000 -6.6% $622 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
10/18/2018 10/18/18 For Sale $2,490,000 -- $666 / 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 $73,542 $3,974,706 -- --
2023 $66,535 $3,613,369 $928,764 $2,684,605
2022 $57,391 $3,071,912 $0 $0
2021 $36,346 $1,896,536 $1,198,500 $698,036
2020 $32,765 $1,677,342 $0 $1,677,342
2019 $27,571 $1,502,368 $0 $1,502,368
2018 $22,950 $1,192,283 $0 $1,192,283
2017 $23,174 $1,192,296 $0 $0
2016 $22,699 $1,101,269 $0 $0
2015 $21,740 $1,001,154 $0 $0
2014 $20,772 $910,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    NICHOLAS MALINOSKY

    Douglas Elliman

    (561) 306-4597

    15 in this area

    139 Total Sales

    NICHOLAS MALINOSKY
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Michael O'Connor

    Douglas Elliman

    (561) 278-5570

    8 in this area

    103 Total Sales

    Michael O'Connor
    Section Image
  • Michael Wells

    Buyer's Agent in 2021

    Michael Wells

    Premier Estate Properties Inc

    (561) 445-5877

    2 in this area

    102 Total Sales

    Michael Wells
    Section Image

  • S

    Buyer Co-Listing Agent in 2021

    Scot Karp

    Premier Estate Properties Inc

    (561) 394-7700

    3 in this area

    150 Total Sales

    Scot Karp
    Section Image

  • J

    Seller's Agent in 2019

    Jason Morss

    Tangent Realty Corp

    (561) 756-7071

    32 Total Sales

    Jason Morss
    Section Image

  • D

    Buyer's Agent in 2019

    Denise Medina

    Ocean Ridge Realty Florida LLC

    (561) 756-6175

    6 in this area

    19 Total Sales

    Denise Medina
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10755133

BeachesMLS

APN: 46-43-45-34-33-000-0010

Florida Palm Beach County Boynton Beach 33435

5450 Old Ocean Blvd Unit 1, Boynton Beach, FL

This home is located at 5450 Old Ocean Blvd Unit 1, Boynton Beach, FL 33435 and is currently priced at $3,995,000, approximately $1,054 per square foot. This property was built in 1984. 5450 Old Ocean Blvd Unit 1 is a home located in Palm Beach County with nearby schools including Forest Park Elementary School, Boynton Beach Community High School, and Congress Community Middle 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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