$242,500
SOLD JUN 2, 2025

Montecito Palm Beach 616 Clearwater Park Rd Unit 1203 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
1 Bed
1 Bath
696 Sq Ft
$611/mo HOA Fee

Recently Sold

$348 Per Sq Ft

9% Below List Price

39 Days on Market

Highlights

  • Ocean View
  • Clubhouse
  • Mediterranean Architecture
  • Fitness Center
  • Sauna
  • 5-minute walk to Gateway Park

About This Home

As of June 2025

Experience upscale urban living at the highly sought-after Montecito Palm Beach. This rare 12th-floor, 1-bedroom, 1-bathroom condo offers breathtaking panoramic views of the Downtown West Palm Beach skyline. With hurricane-impact windows, an A/C (2021), and a hot water heater (2019), this move-in-ready home blends modern style with lasting peace of mind.Step inside to an open floor plan featuring 9-foot ceilings, wood-look laminate flooring, crown molding, and upgraded lighting. The stylish kitchen boasts solid wood cabinetry, upgraded hardware, sleek stainless steel Samsung appliances, an elegant light fixture, and breakfast bar seating, ideal for casual dining. The spacious living area opens to a private covered balcony with artificial turf, where you can enjoy your

Last Agent to Sell the Property

Brett Colby

Re/Max Direct License #3116792 Listed on: 04/04/2025

Re/Max Direct

Last Buyer's Agent

Brett Colby

Re/Max Direct License #3116792 Listed on: 04/04/2025

Re/Max Direct

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,844

Year Built

  • Built in 2003

HOA Fees

  • $611 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Assigned Parking

Property Views

Home Design

  • Mediterranean Architecture
  • Entry on the 12th floor
  • Concrete Roof

Interior Spaces

  • 696 Sq Ft Home
  • Bar
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Security Gate
  • Closed Circuit Camera

Schools

  • Roosevelt Elementary School
  • Bear Lakes Middle School
  • Palm Beach Lakes High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434321220121203
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), reserve fund, roof, security, trash, water, internet
  • High-Rise Condominium
  • Montecito Palm Beach Cond Subdivision
  • 16-Story Property

Amenities

  • Game Room
  • Billiard Room
  • Business Center
  • Elevator
  • Community Wi-Fi

Recreation

  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Phone Entry
  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,844

Year Built

Built in 2003

Lot Details

0

HOA Fees

$611 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95, Exit Okeechobee Blvd - Head East, then go North on Australian Ave, right at first light, first right onto Clearwater Park Rd.
  • Year Built: 2003
  • Architectural Style: High Rise, Mediterranean
  • Entry Level: 12
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate, Tile
  • Living Area: 696.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 16
  • Window Features: Blinds, Impact Glass, Sliding

Exterior Features

  • View: Intercoastal, Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Security Gate, Phone Entry, Security Guard, Fire Sprinkler System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 611.0
  • Community Features: Game Room, Internet Access, Non-Gated, Park, Property Manager On-Site, Pool, Sauna, Sidewalks
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Management, Pool, Sauna, Spa/Hot Tub, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Reserve Fund, Roof, Security, Trash, Water, Internet

Schools

  • Elementary School: Roosevelt
  • High School: Palm Beach Lakes
  • Middle Or Junior School: Bear Lakes

Lot Info

  • Parcel #: 74434321220121203
  • Lot Size: Paved Road,Public Road,S
  • Zoning Description: CLD-25

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1844.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
Jun 2, 2025
Sold by
Arevalo Elizabeth and Elizabeth Arevalo Revocable Trust
Bought by
Koutsoubos Elias
Seller's Agent
Brett Colby
Re/Max Direct
Buyer's Agent
Brett Colby
Re/Max Direct
List Price
$267,500
Sold Price
$242,500
Premium/Discount to List
-$25,000
-9.35%
Views
30
Current Estimated Value
$253,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,124
Avg. Annual Appreciation
16.73%

Purchase Details

Closed on
Jan 6, 2023
Sold by
Arevalo Elizabeth
Bought by
Elizabeth Arevalo Revocable Trust

Purchase Details

Closed on
Jun 30, 2022
Sold by
Mall Zachary
Bought by
Forbes Elizabeth Arevalo

Purchase Details

Closed on
Nov 2, 2015
Sold by
Daisy Mangement Llc
Bought by
Mall Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2009
Sold by
Fleischner Norman and Leidner Barbara
Bought by
Daisy Management Llc

Purchase Details

Closed on
Mar 15, 2005
Sold by
Montecito Mark Lllp
Bought by
Fleischner Norman
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 Type Sale Price Title Company
Warranty Deed $242,500 Florida Direct Title
Warranty Deed $242,500 Florida Direct Title
Quit Claim Deed -- --
Warranty Deed $250,000 Trident Title
Warranty Deed $137,500 Attorney
Special Warranty Deed -- Attorney
Corporate Deed $228,900 Jacksonville Title & Trust L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $123,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $242,500 -6.7% $348 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
05/01/2025 05/01/25 Price Changed $260,000 -1.9% $374 / Sq Ft
04/17/2025 04/17/25 Price Changed $265,000 -0.9% $381 / Sq Ft
04/04/2025 04/04/25 For Sale $267,500 -- $384 / 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 $1,844 $119,041 -- --
2023 $1,779 $115,574 $0 $0
2022 $3,294 $133,100 $0 $0
2021 $2,948 $121,000 $0 $121,000
2020 $2,974 $121,000 $0 $121,000
2019 $3,204 $127,000 $0 $127,000
2018 $2,683 $112,000 $0 $112,000
2017 $2,946 $123,000 $0 $0
2016 $2,980 $122,000 $0 $0
2015 $2,329 $78,045 $0 $0
2014 $2,037 $70,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Brett Colby

    RE/MAX

    (561) 903-4200

    2 in this area

    165 Total Sales

    Brett Colby
    Section Image
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About Montecito Palm Beach

Map

Source: BeachesMLS

MLS Number: R11078209

BeachesMLS

APN: 74-43-43-21-22-012-1203

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

616 Clearwater Park Rd Unit 1203, West Palm Beach, FL

This home is located at 616 Clearwater Park Rd Unit 1203, West Palm Beach, FL 33401 and is currently priced at $242,500, approximately $348 per square foot. This property was built in 2003. 616 Clearwater Park Rd Unit 1203 is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Bear Lakes Middle School, and Palm Beach Lakes 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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