NOT LISTED FOR SALE

Townsend Place 550 SE Mizner Blvd Unit B311 Boca Raton, FL 33432

Downtown Boca Neighborhood

Estimated Value: $1,845,000 - $1,924,000

3 Beds
3 Baths
2,383 Sq Ft
$1,471/mo HOA Fee

Last Sold December 30, 2015

Last sale price $800,000 $336 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $12,786/month

471 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Clubhouse
  • Boca Raton Community Middle School Rated A-
  • Golf Course View
  • Marble Flooring

About This Home

As of December 2015

This spacious 3rd floor, 3 bedroom, 3 bathroom, NW corner unit features over 2,700 total sqft. It includes 343 sqft of patio, 9 ft volume ceilings, floor-to-ceiling solar-tinted and impact glass resistant windows and sliders. It is overlooking the magnificent landscaped pool area and the Boca Resort golf course. Feature includes saturnia marble flooring throughout, crown moldings, granite counter tops and European style cabinets in kitchen with stainless steel appliances, a sumptuous master bathroom with dual sink vanity, spa tub, and a separate glass enclosed marble shower, a laundry room with sink, a city view balcony and an oversized patio facing the pool. A new 5 ton Carrier A/C was just installed.

Last Agent to Sell the Property

Jean-Luc Andriot

Keller Williams Realty Services License #3014686 Listed on: 08/15/2014

Keller Williams Realty Services

Last Buyer's Agent

Marc Hershman

Illustrated Properties License #669469

Illustrated Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,293

Year Built

  • Built in 2003

Lot Details

  • 1

HOA Fees

  • $1,471 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Assigned Parking

Property Views

  • Garden

Interior Spaces

  • 2,383 Sq Ft Home
  • Great Room
  • Combination Dining and Living Room
  • Marble Flooring
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 06434729490023110

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, pest control, reserve fund, roof, sewer, security, trash, water
  • 198 Units
  • High-Rise Condominium
  • Townsend Place Subdivision
  • 9-Story Property

Amenities

Recreation

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,293

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,471 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Federal Hwy South of Palmetto Park to Mizner Blvd, turn East to building
  • Year Built: 2003
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Marble
  • Living Area: 2383.0
  • Dining Room Type: Great Room
  • Stories: 9

Exterior Features

  • View: Golf Course, Garden, Pool
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1471.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Trash
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Pest Control, Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 06434729490023110
  • Zoning Description: R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 11293.0

Multi Family

  • Number Of Units In Community: 198

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2014
Closed on
Dec 16, 2015
Sold by
Marks Robert and Marks Melissa S
Bought by
Redlich Leonrd A
Seller's Agent
Jean-Luc Andriot
Keller Williams Realty Services
Buyer's Agent
Marc Hershman
Illustrated Properties
List Price
$894,973
Sold Price
$800,000
Premium/Discount to List
-$94,973
-10.61%
Current Estimated Value
$1,880,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,080,623
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Jun 1, 2007
Sold by
Freedman Martin and Freedman Laura
Bought by
Marks Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2003
Sold by
Boca Golf View Ltd
Bought by
Freedman Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.87%
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
Redlich Leonrd A $800,000 Attorney
Marks Bernard $1,000,000 Vineyard Title Inc
Freedman Martin $528,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marks Bernard $513,000
Previous Owner Marks Bernard $750,000
Previous Owner Freedman Martin $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $800,000 -10.6% $336 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
08/15/2014 08/15/14 For Sale $894,973 -- $376 / 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 $16,022 $967,064 -- --
2023 $15,673 $938,897 $0 $0
2022 $15,547 $911,550 $0 $0
2021 $15,490 $885,000 $0 $885,000
2020 $15,494 $885,000 $0 $885,000
2019 $16,146 $860,000 $0 $860,000
2018 $14,196 $805,000 $0 $805,000
2017 $12,946 $705,000 $0 $0
2016 $13,724 $730,000 $0 $0
2015 $14,666 $755,000 $0 $0
2014 $14,556 $740,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jean-Luc Andriot

    Seller's Agent in 2015

    Jean-Luc Andriot

    Keller Williams Realty Services

    (561) 213-9008

    22 in this area

    46 Total Sales

    Jean-Luc Andriot
    Section Image
  • Marc Hershman

    Buyer's Agent in 2015

    Marc Hershman

    Illustrated Properties

    (954) 295-8606

    29 Total Sales

    Marc Hershman
    Section Image
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About Townsend Place

Map

Source: BeachesMLS

MLS Number: R10065082

BeachesMLS

APN: 06-43-47-29-49-002-3110

Florida Palm Beach County Boca Raton 33432 Downtown Boca

550 SE Mizner Blvd Unit B311, Boca Raton, FL

This home is located at 550 SE Mizner Blvd Unit B311, Boca Raton, FL 33432 since 15 August 2014 and is currently estimated at $1,880,623, approximately $789 per square foot. This property was built in 2003. 550 SE Mizner Blvd Unit B311 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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