$2,325,000
SOLD MAR 8, 2019

5450 Old Ocean Blvd Unit 1 Boynton Beach, FL 33435

4 Beds
3.5 Baths
3,736 Sq Ft
0.97 Acres

Recently Sold

$622 Per Sq Ft

7% Below List Price

110 Days on Market

Highlights

  • Ocean Front
  • 42,059 Sq Ft lot
  • Breakfast Area or Nook
  • Private Pool
  • Marble Flooring
  • Formal Dining Room

About This Home

As of December 2021

A rare opportunity to live on the beach in Ocean Ridge! Spectacular Oceanfront home in private enclave of only seven homes.

Last Agent to Sell the Property

Jason Morss

Tangent Realty Corp License #3304851 Listed on: 10/18/2018

Last Buyer's Agent

Denise Medina

Ocean Ridge Realty Florida LLC License #3089156

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,174

Year Built

  • Built in 1984

Lot Details

  • 0.97 Acre Lot
  • Ocean Front
  • East Facing Home
  • Sprinkler System
  • Property is zoned RMM(ci

HOA Fees

  • $1,400 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 3,736 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Bar
  • Decorative Fireplace
  • Formal Dining Room
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46434534330000010

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pool(s), roof
  • Diamond Beach Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,174

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,400 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Woolbright Rd east to Old Ocean Blvd. #5450 #1
  • Year Built: 1984
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Fireplace, Kitchen/Dining Combo, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Other, Tile
  • Living Area: 3736.0
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Porch, Patio
  • View: Ocean, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1400.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Roof

Lot Info

  • Parcel #: 46434534330000010
  • Lot Size Sq Ft: 42059.0
  • Zoning Description: RMM(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 23174.0

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
110
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
0.95%

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

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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 $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

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Map

Source: BeachesMLS

MLS Number: R10473791

BeachesMLS

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