NOT LISTED FOR SALE

Mizner Grand 550 SE 5th Ave Unit 905S Boca Raton, FL 33432

Estimated Value: $4,178,000 - $6,482,000

3 Beds
4.5 Baths
4,212 Sq Ft
$2,697/mo HOA Fee

Last Sold January 22, 2013

Last sale price $2,300,000 $546 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $33,220/month

98 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • 5-minute walk to Spanish River Athletic Facilities

About This Home

As of January 2013

TOTALLY UPDATED MIZNER GRAND WITH SWEEPING INTRACOASTAL TO OCEAN VIEWS WITH SE EXPOSURE. MARBLE FLOORS, CUSTOM MOLDINGS, NEW (2006) KITCHEN AND BATHS. WATER FRONT MASTER SUITE WITH HIS/HER MARBLE BATHS AND STUNNING DECOR. GATED ON THE HOTEL GROUNDS. BEAUTIFULLY UPDATED BY NOTED AREA BUILDER AND ALL NEW INTERIOR INCLUDING KITCHEN AND BATHS. LIVING ROOM HAS DETAILED CEILING AND WET BAR WITH MAGNIFICENT WATER VIEWS. GOURMET KITCHEN WITH SUB ZERO AND MIELE APPLIANCES, GRANITE COUNTERS AND ALL CUSTOM CABINETRY. SUMPTUOUS MASTER SUITE WITH WATER VIEWS, SITTING AREA, HIS/HER BATHS AND MAGNIFICENT FITTED CLOSET. ALL FINISHED IN THE FINEST TASTE AND IN FINE CONDITION. MIZNER GRAND IS A FULL SERVICE VALET BUILDING ADJOINING THE FAMED BOCA RATON RESORT AND CLUB W... (see supplement for full remarks)

Last Agent to Sell the Property

Scot Karp

Premier Estate Properties Inc License #408963 Listed on: 09/15/2012

Last Buyer's Agent

Scot Karp

Premier Estate Properties Inc License #408963 Listed on: 09/15/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,997

Year Built

  • Built in 1999

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $2,697 Monthly HOA Fees

Parking

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

Property Views

Interior Spaces

  • 4,212 Sq Ft Home
  • Wet Bar
  • Bar
  • High Ceiling
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Theater
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434729500020905

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, insurance, maintenance structure, parking, pest control, pool(s), security, trash, water
  • 138 Units
  • High-Rise Condominium
  • Mizner Grand Subdivision, 3 Bedroom + Den Floorplan
  • 10-Story Property

Amenities

  • Sauna
  • Game Room
  • Billiard Room
  • 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

$30,997

Year Built

Built in 1999

Lot Details

0

HOA Fees

$2,697 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: ENTER MIZNER VILLAGE AT PALMETTO PARK AND SE 5TH AVE, PROCEED TO GATE
  • Year Built: 1999
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Water Purifier, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Living Area: 4212.0
  • Dining Room Type: Media Room
  • Stories: 10
  • Window Features: Blinds, Metal, Single Hung, Sliding

Exterior Features

  • View: Intercoastal, Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • 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: Laundry Tub
  • Security: Security System, Closed Circuit Camera(s), 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, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2697.0
  • Community Features: Clubhouse, Game Room, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Fitness Center, Management, Pool, Sauna, Spa/Hot Tub, Storage, Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Insurance, Maintenance Structure, Parking, Pest Control, Pool(s), Security, Trash, Water

Lot Info

  • Parcel #: 06434729500020905
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 30997.0

Multi Family

  • Number Of Units In Community: 138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2012
Closed on
Jan 22, 2013
Sold by
Friedman Madeline and Levin Norman
Bought by
Jonas Garry and Marciano Irene
Seller's Agent
Scot Karp
Premier Estate Properties Inc
Buyer's Agent
Scot Karp
Premier Estate Properties Inc
List Price
$2,725,000
Sold Price
$2,300,000
Premium/Discount to List
-$425,000
-15.6%
Current Estimated Value
$4,903,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,603,638
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Feb 28, 2007
Sold by
J & J Mizner Grand Holdings Inc
Bought by
Friedman Madeline

Purchase Details

Closed on
Feb 25, 2005
Sold by
Sospes Realty Lp
Bought by
J & J Mizner Grand Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,225,000
Interest Rate
5.68%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 11, 2000
Sold by
Boca Marina Ltd
Bought by
Sospes Realty L P
Source: Public Records

Range of Values:

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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
Jonas Garry $2,300,000 Attorney
Friedman Madeline $2,800,000 Attorney
J & J Mizner Grand Holdings Inc $3,780,000 --
Sospes Realty L P $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joans Garry $1,550,000
Closed Jonas Garry $1,700,000
Closed Jonas Garry $1,300,000
Previous Owner J & J Mizner Grand Holdings Inc $3,225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2013 01/22/13 Sold $2,300,000 -15.6% $546 / Sq Ft
12/23/2012 12/23/12 Pending -- -- --
09/15/2012 09/15/12 For Sale $2,725,000 -- $647 / 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 $45,659 $2,709,151 -- --
2023 $44,696 $2,630,244 $0 $0
2022 $44,383 $2,553,635 $0 $0
2021 $44,278 $2,479,257 $0 $0
2020 $43,665 $2,445,027 $0 $0
2019 $43,909 $2,390,056 $0 $0
2018 $41,155 $2,345,492 $0 $0
2017 $40,947 $2,297,250 $0 $0
2016 $41,130 $2,250,000 $0 $0
2015 $42,022 $2,172,500 $0 $0
2014 $38,540 $1,975,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Scot Karp

    Premier Estate Properties Inc

    (561) 394-7700

    148 Total Sales

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About Mizner Grand

Map

Source: BeachesMLS

MLS Number: R3310353

BeachesMLS

APN: 06-43-47-29-50-002-0905

Florida Palm Beach County Boca Raton 33432

550 SE 5th Ave Unit 905S, Boca Raton, FL

This home is located at 550 SE 5th Ave Unit 905S, Boca Raton, FL 33432 since 15 September 2012 and is currently estimated at $4,903,638, approximately $1,164 per square foot. This property was built in 1999. 550 SE 5th Ave Unit 905S 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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