NOT LISTED FOR SALE

550 S Ocean Blvd Unit 104 Lantana, FL 33462

Estimated Value: $1,045,602 - $2,027,000

2 Beds
2 Baths
1,599 Sq Ft
$930/Sq Ft Est. Value

Last Sold June 12, 2012

Last sale price $327,500 $205 Per Sq Ft

Est. 354% increase in value since last sale

Current estimated payment $11,080/month

570 Days on Market

Highlights

  • Ocean Front
  • Intercom
  • Bar
  • Community Pool
  • Wet Bar
  • Entrance Foyer

About This Home

As of June 2012

Wonderful oceanfront villa community located in prestigious Manalapan, Florida. 2bed/2 bath unit features the comforts of gracious living. This home offers membership at The Ritz-Carlton, Palm Beach La Coquille Club which includes special usage rights of the hotel including the $40-million spa, private club room with events and other special amenities. Must see this value.

Last Agent to Sell the Property

John Morgan

Villa Real Estate Company License #0201121 Listed on: 10/20/2010

Co-Listed By

Kim Raich

Sotheby's Intl. Realty, Inc. License #536911

Last Buyer's Agent

John Morgan

Villa Real Estate Company License #0201121 Listed on: 10/20/2010

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $6,668

Year Built

  • Built in 1972

Lot Details

  • Ocean Front

HOA Fees

  • $1,486 Monthly HOA Fees

Interior Spaces

  • 1,599 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar
  • Entrance Foyer

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 42434502050051040

Community Details

Overview

  • 89 Units
  • La Coquille Club Villas C Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Co-Op

Est. Annual Taxes

$6,668

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,486 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Stock Cooperative
  • Property Sub Type Additional: Stock Cooperative
  • Directions: 500' SOUTH OF OCEAN AVENUE IN LANTANA ON SOUTH OCEAN BOULEVARD IN MANALAPAN
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Entrance Foyer, Elevator, Bar, Intercom
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1599.0
  • Dining Room Type: Storage Room
  • Stories: 3

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block

Utilities

  • Other Equipment: Intercom
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1486.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Parcel #: 42434502050051040
  • Zoning Description: low rise
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6668.0

Multi Family

  • Number Of Units In Community: 89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 1993
Sold by
Mann Lydia B and Farr Lydia B
Bought by
Roome Philip Lee
Total Days on Market
570
Current Estimated Value
$1,487,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
7.34%
Source: Public Records

Range of Values:

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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
Roome Philip Lee $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camalier Floyd Davis $295,000
Closed Roome Philip Lee $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2012 06/12/12 Sold $327,500 0.0% $189 / Sq Ft
06/12/2012 06/12/12 Sold $327,500 -45.0% $205 / Sq Ft
05/13/2012 05/13/12 Pending -- -- --
05/08/2012 05/08/12 Pending -- -- --
10/20/2010 10/20/10 For Sale $595,000 +81.7% $372 / Sq Ft
09/23/2010 09/23/10 For Sale $327,500 -- $189 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Crissy Poorman

    Sotheby's International Realty, Inc.

    (404) 307-3315

    14 Total Sales

    Section Image

  • J

    Seller's Agent in 2012

    John Morgan

    Villa Real Estate Company

  • K

    Seller Co-Listing Agent in 2012

    Kim Raich

    Sotheby's Intl. Realty, Inc.

    (561) 547-2229

    1 in this area

    15 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R3148568

BeachesMLS

APN: 42-43-45-02-05-004-1040

Florida Palm Beach County Lantana 33462

550 S Ocean Blvd Unit 104, Lantana, FL

This home is located at 550 S Ocean Blvd Unit 104, Lantana, FL 33462 since 20 October 2010 and is currently estimated at $1,487,651, approximately $930 per square foot. This property was built in 1972. 550 S Ocean Blvd Unit 104 is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana 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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