NOT LISTED FOR SALE

5837 N Ocean Blvd Unit E2 Ocean Ridge, FL 33435

Estimated Value: $3,129,000 - $3,599,000

2 Beds
2.5 Baths
3,106 Sq Ft
$1,742/mo HOA Fee

Last Sold May 20, 2016

Last sale price $1,835,000 $591 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $23,149/month

113 Days on Market

Highlights

  • Ocean Front
  • Marble Flooring
  • Plantation Shutters
  • Heated Pool
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of May 2016

Rare opportunity to own this splendid ocean front unit in Portofino of Ocean Ridge. This elegant and spacious condo features a 2-bedroom floor plan with a library/den currently used as a formal dinning room/office. Superb view of the landscaped courtyard and ocean the minute you enter the unit. Marble floors in living and patio, semi-private elevator taking you directly inside your unit, impact windows, private 2-car garage and oversized storage facility. Unit improved with European finest taste!

Last Agent to Sell the Property

Rona Namer

Coldwell Banker Realty License #3047031 Listed on: 12/28/2015

Coldwell Banker Realty

Last Buyer's Agent

Holly Thom

The Corcoran Group License #3064816

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,534

Year Built

  • Built in 1996

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,742 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Interior Spaces

  • 3,106 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Plantation Shutters
  • Formal Dining Room
  • Ocean Views
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 46434527570000052

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, maintenance structure, pool(s), roof, trash
  • 18 Units
  • Portofino Of Ocean Ridge Subdivision, Improved Floor Plan

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,534

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,742 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A NORTH OF WOOLBRIGHT ON EAST SIDE
  • Year Built: 1996
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Elevator, First Floor Entry, Main Living Area Entry Level, Split Bedrooms, Walk-In Closet(s), Central Vacuum, Intercom
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble, Tile, Wood
  • Living Area: 3106.0
  • Stories: 2
  • Window Features: Drapes, Plantation Shutters

Exterior Features

  • Exterior Features: Security/High Impact Doors, Patio, Shutters Electric
  • View: Ocean
  • Pool Features: Heated
  • Waterfront Features: Beach Access, Deeded Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Guest, Garage Door Opener

Utilities

  • Other Equipment: Intercom
  • Security: Key Card Entry, Security System Owned, Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 5227.0
  • Senior Community: No
  • Amenities: Pool, Storage, Elevator(s)
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Conditional, Yes

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Roof, Trash

Lot Info

  • Parcel #: 46434527570000052

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 16534.0

Multi Family

  • Number Of Units In Community: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2015
Closed on
May 20, 2016
Sold by
Giroud Jean Pierre
Bought by
Weaver Sullivan
Seller's Agent
Rona Namer
Coldwell Banker Realty
Buyer's Agent
Holly Thom
The Corcoran Group
List Price
$2,190,000
Sold Price
$1,835,000
Premium/Discount to List
-$355,000
-16.21%
Current Estimated Value
$3,364,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,529,941
Avg. Annual Appreciation
4.31%

Purchase Details

Closed on
Mar 28, 2000
Sold by
Abraham Tarlow Tr and Anne Tarlow Tr
Bought by
Giroud Jean-Pierr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1997
Sold by
Anne Jerry and Anne Tarlow
Bought by
Tarlow Abraham

Purchase Details

Closed on
Apr 2, 1996
Sold by
R T Milord Co
Bought by
Tarlow Jerry
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
Weaver Sullivan $1,835,000 Attorney
Giroud Jean-Pierr $950,000 --
Tarlow Abraham $100 --
Tarlow Jerry $636,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tarlow Jerry $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $1,835,000 -16.2% $591 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $2,190,000 -- $705 / 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
2024 $35,791 $2,000,000 -- --
2023 $34,053 $1,815,000 $0 $0
2022 $32,957 $1,650,000 $0 $0
2021 $29,212 $1,500,000 $0 $1,500,000
2020 $29,242 $1,500,000 $0 $1,500,000
2019 $29,867 $1,500,000 $0 $1,500,000
2018 $28,751 $1,500,000 $0 $1,500,000
2017 $29,036 $1,500,000 $0 $0
2016 $16,154 $849,105 $0 $0
2015 $16,534 $843,203 $0 $0
2014 $16,565 $836,511 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1372202

BeachesMLS (Greater Fort Lauderdale)

APN: 46-43-45-27-57-000-0052