NOT LISTED FOR SALE

5555 N Ocean Blvd Unit 28 Lauderdale By the Sea, FL 33308

Estimated Value: $451,553 - $598,000

2 Beds
2.5 Baths
1,500 Sq Ft
$492/mo HOA Fee

Last Sold July 12, 2019

Last sale price $292,500 $195 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,594/month

28 Days on Market

Highlights

  • Fitness Center
  • Heated Pool
  • Wood Flooring
  • McNab Elementary School Rated A-
  • Clubhouse
  • Garden View

About This Home

As of July 2019

FANTASTIC 2 BEDROOM 2.5 BATH TOWNHOUSE IN OCEAN BAY CLUB & ITS PRICED TO SELL! THIS UNIT HAS BEEN UPDATED & WELL MAINTAINED FEATURING HURRICANE IMPACT WINDOWS & DOORS AS WELL AS ACCORDION HURRICANE SHUTTERS, REAL WOOD FLOORS THROUGHOUT MOST OF THE PROPERTY, WASHER AND DRYER IN UNIT, PLANTATION SHUTTERS, SHADED PRIVATE PATIO OFF OF THE FAMILY ROOM & SO MUCH MORE. BEST OF ALL FROM THE FRONT DOOR TO THE SAND IS APPROXIMATELY 900 FEET! OCEAN BAY CLUB FEATURES THREE POOLS, TIKI HUT, GYM, COMMUNITY ROOM AND INTRACOASTAL FRONT COMMUNITY AREA GREAT FOR RELAXING AND WATCHING THE BOATS CRUISE BY! OBC IS LOCATED IN THE TOWN OF LAUDERDALE BY THE SEA KNOWN FOR ITS GREAT LAID BACK BEACH TOWN FEEL WITH ITS OWN DOWNTOWN, PRISTINE BEACHES & FISHING PIER. HURRY THIS PROPERTY WILL BE GONE BEFORE YOU KNOW IT!

Last Agent to Sell the Property

Daniel Galapo PA

Bond Luxury Properties LLC License #3075464 Listed on: 05/14/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1972

Lot Details

  • South Facing Home
  • Fenced

HOA Fees

  • $492 Monthly HOA Fees

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Plantation Shutters
  • Entrance Foyer
  • Formal Dining Room
  • Garden Views

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Pool

  • Heated Pool

Schools

  • Mcnab Elementary School
  • Pompano B.Middle School
  • Northeast High School

Utilities

  • Central Air
  • No Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494307BA0280

Community Details

Overview

  • Association fees include all facilities, management, common areas, cable TV, HVAC, ground maintenance, maintenance structure, pool(s), sewer, trash, water
  • 88 Units
  • Ocean Bay Club Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Community Library

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Hurricane or Storm Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,001

Year Built

Built in 1972

Lot Details

0

HOA Fees

$492 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: HEAD EAST ON COMMERCIAL BLVD TO NORTH OCEAN DR/A1A. OCEAN BAY CLUB WILL BE ON THE WEST SIDE OF THE ROAD ACROSS THE STREET FROM SEA WATCH RESTAURANT.
  • Year Built: 1972
  • Carport Y N: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Unknown
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, First Floor Entry, Main Living Area Entry Level, Split Bedrooms, Upper Level Master, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Living Area: 1500.0
  • Stories: 2
  • Window Features: Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Fence, Security/High Impact Doors, Storm/Security Shutters
  • View: Garden
  • Fencing: Wall
  • Pool Features: Association, Heated
  • Waterfront Features: Dock Access
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Property Condition: Unknown

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, One Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 492.0
  • Community Features: Dock
  • Senior Community: No
  • Amenities: Boat Dock, Clubhouse, Community Kitchen, Fitness Center, Library, Barbecue, Picnic Area, Pool, Tennis Court(s)
  • Association #2 Fee: 492.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, Yes

Fee Information

  • Association Fee Includes: All Facilities, Association Management, Common Areas, Cable TV, HVAC, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Trash, Water

Schools

  • Elementary School: Mcnab
  • High School: Northeast
  • Middle Or Junior School: Pompano B.Middle

Lot Info

  • Parcel #: 494307BA0280

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2001.0

Multi Family

  • Number Of Units In Community: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2019
Closed on
Jun 4, 2019
Sold by
Alkers Helen and Alkers Helen
Bought by
Barbato Thomas L and Barbato Yvonne
Seller's Agent
Daniel Galapo PA
Bond Luxury Properties LLC
List Price
$300,000
Sold Price
$292,500
Premium/Discount to List
-$7,500
-2.5%
Current Estimated Value
$505,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,388
Avg. Annual Appreciation
9.29%
Original Mortgage
$219,375
Outstanding Balance
$194,130
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$312,282

Purchase Details

Closed on
Jan 11, 2012
Sold by
Akers Helen
Bought by
Akers Helen and The Helen Akers Revocable Living Trust

Purchase Details

Closed on
Jun 11, 1996
Sold by
Ryan Lois
Bought by
Akers Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1988
Sold by
Available Not
Bought by
Available Not
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
Barbato Thomas L $292,500 Attorney
Akers Helen -- Attorney
Akers Helen $139,000 --
Available Not $90,357 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbato Thomas L $219,375
Previous Owner Akers Helen $200,000
Previous Owner Akers Helen $100,000
Previous Owner Akers Helen $98,500
Previous Owner Akers Helen $101,000
Previous Owner Akers Helen $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $292,500 -2.5% $195 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $300,000 -- $200 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $4,889 $308,850 -- --
2024 $4,767 $300,150 -- --
2023 $4,767 $291,410 $0 $0
2022 $4,404 $282,930 $0 $0
2021 $4,259 $274,690 $0 $0
2020 $4,204 $270,900 $27,090 $243,810
2019 $2,077 $149,710 $0 $0
2018 $2,001 $146,920 $0 $0
2017 $1,981 $143,900 $0 $0
2016 $1,989 $140,950 $0 $0
2015 $2,027 $139,980 $0 $0
2014 $2,047 $138,870 $0 $0
2013 -- $178,470 $17,850 $160,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10175937

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-07-BA-0280