NOT LISTED FOR SALE

Mizner Grand 550 SE 5th Ave Unit 6 Boca Raton, FL 33432

Estimated Value: $4,744,000 - $5,149,893

3 Beds
4.5 Baths
4,213 Sq Ft
$3,060/mo HOA Fee

Last Sold January 29, 2018

Last sale price $4,402,500 $1,045 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $36,341/month

136 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • Boca Raton Community Middle School Rated A-
  • Lake Front
  • 5-minute walk to Spanish River Athletic Facilities

About This Home

As of January 2018

The only Penthouse available at Mizner Grand.

Last Agent to Sell the Property

Luke Redigan

Douglas Elliman License #3182893 Listed on: 08/15/2017

Douglas Elliman

Last Buyer's Agent

Kevin Suarez

LoKation License #3354354

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,937

Year Built

  • Built in 1999

Lot Details

  • Lake Front
  • Property fronts an intracoastal waterway

HOA Fees

  • $3,060 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 4,213 Sq Ft Home
  • Wet Bar
  • Furnished
  • Built-In Features
  • High Ceiling
  • Skylights
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Combination Kitchen and Dining Room
  • Closed Circuit Camera

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Open Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729500021006

Community Details

Overview

  • Association fees include management, common areas, cable TV, HVAC, hot water, insurance, maintenance structure, parking, pest control, security, water
  • 138 Units
  • High-Rise Condominium
  • Mizner Grand Subdivision, Penthouse Floorplan
  • 10-Story Property

Amenities

  • Doorman
  • Sauna
  • Game Room
  • Billiard Room
  • Business Center
  • Community Library
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$38,937

Year Built

Built in 1999

Lot Details

0

HOA Fees

$3,060 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Enter Mizner Village from SE 5th. Avenue at Palmetto Park Rd. Continue on 5th. Ave. to Mizner Grande entrance / gate. Valet park at South Building.
  • Year Built: 1999
  • Architectural Style: High Rise
  • Entry Level: 10
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Skylights, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Marble
  • Living Area: 4213.0
  • Dining Room Type: Great Room, Storage Room
  • Stories: 10
  • Window Features: Blinds, Drapes, Metal, Single Hung, Sliding, Skylight(s)

Exterior Features

  • Exterior Features: Balcony
  • View: Golf Course, Intercoastal, Lake, Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest, Two or More Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Tub
  • Security: Closed Circuit Camera(s), Door Man, Gated with Guard, Security Guard, Fire Sprinkler System
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3060.0
  • Community Features: Clubhouse, Game Room, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Library, Management, Pool, Sauna, Spa/Hot Tub, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, HVAC, Hot Water, Insurance, Maintenance Structure, Parking, Pest Control, Security, Water

Lot Info

  • Parcel #: 06434729500021006
  • Zoning Description: Res

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 38937.0

Multi Family

  • Number Of Units In Community: 138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Jan 29, 2018
Sold by
May Roy R and May Paula A
Bought by
Coniglio Rosario
Seller's Agent
Luke Redigan
Douglas Elliman
Buyer's Agent
Kevin Suarez
LoKation
List Price
$5,295,000
Sold Price
$4,402,500
Premium/Discount to List
-$892,500
-16.86%
Current Estimated Value
$5,121,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$718,756
Avg. Annual Appreciation
2.12%

Purchase Details

Listed on
Nov 1, 2012
Closed on
Jun 14, 2013
Sold by
Andreasson Karl Bertil and Andreasson Marlene
Bought by
May Roy R and May Paula A
Seller's Agent
Scot Karp
Premier Estate Properties Inc
Buyer's Agent
Luke Redigan
Douglas Elliman
List Price
$2,450,000
Sold Price
$2,400,000
Premium/Discount to List
-$50,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%

Purchase Details

Closed on
Jan 2, 2007
Sold by
Andreasson Bertil and Andreasson Marlene
Bought by
Andreasson Karl Bertil and Andreasson Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2000
Sold by
Marina Boca
Bought by
Andreasson Bertil and Andreasson Marlene
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
Coniglio Rosario $4,402,500 Attorney
May Roy R $2,400,000 Attorney
Andreasson Karl Bertil -- Brownstone Title Svcs Llc
Andreasson Bertil $1,615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coniglio Rosario $3,445,000
Closed Coniglio Rosario $1,499,999
Previous Owner Andreasson Karl Bertil $1,400,000
Previous Owner Andreasson Bertil $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $4,402,500 -16.9% $1,045 / Sq Ft
12/30/2017 12/30/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $5,295,000 +120.6% $1,257 / Sq Ft
06/17/2013 06/17/13 Sold $2,400,000 -2.0% $570 / Sq Ft
05/18/2013 05/18/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $2,450,000 -- $582 / 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 $64,529 $3,693,525 -- --
2023 $62,024 $3,357,750 $0 $0
2022 $56,029 $3,052,500 $0 $0
2021 $50,349 $2,775,000 $0 $2,775,000
2020 $50,351 $2,775,000 $0 $2,775,000
2019 $51,813 $2,775,000 $0 $2,775,000
2018 $38,964 $2,222,086 $0 $0
2017 $38,766 $2,176,382 $0 $0
2016 $38,937 $2,131,618 $0 $0
2015 $40,021 $2,116,800 $0 $0
2014 $40,186 $2,100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Luke Redigan

    Douglas Elliman

    (561) 400-2259

    30 Total Sales

    Section Image

  • K

    Buyer's Agent in 2018

    Kevin Suarez

    LoKation

    (561) 339-5472

    4 Total Sales

    Section Image

  • S

    Seller's Agent in 2013

    Scot Karp

    Premier Estate Properties Inc

    (561) 394-7700

    148 Total Sales

    Section Image
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About Mizner Grand

Map

Source: BeachesMLS

MLS Number: R10359216

BeachesMLS

APN: 06-43-47-29-50-002-1006

Florida Palm Beach County Boca Raton 33432

550 SE 5th Ave Unit 6, Boca Raton, FL

This home is located at 550 SE 5th Ave Unit 6, Boca Raton, FL 33432 since 15 August 2017 and is currently estimated at $4,972,631, approximately $1,180 per square foot. This property was built in 1999. 550 SE 5th Ave Unit 6 is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High 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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