Montecito Palm Beach 616 Clearwater Park Rd Unit 513 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
2
Beds
2
Baths
1,112
Sq Ft
$993/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Clubhouse
- Lake Front
- Gated Community
- 5-minute walk to Gateway Park
About This Home
As of April 2025Freshly painted corner condo has beautiful water views and sunsets. New floors, newer appliances, new light fixtures and fans. W/D in unit. Montecito Palm Beach Condo has 24 Hour front desk, on-site property mgmt, lobby, resort style pool with jacuzzi, BBQ grill area, fitness studio, social room with TV, bar & billiard table, cyber business center, EV charging & gated covered garage parking, bike storage includes basic cable and Internet. Ideally located on the west side of downtown with easy access to highways, airport and trains. A Short distance to City Place, Kravis Center, Grandview Market, Palm Beach Outlet Mall, Flagler Intracoastal and the Beach!
Last Agent to Sell the Property
Echo Fine Properties License #3255685 Listed on: 03/21/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,227
Year Built
- Built in 2003
Lot Details
- Lake Front
HOA Fees
- $993 Monthly HOA Fees
Parking
- 2 Car Garage
Interior Spaces
- 1,112 Sq Ft Home
- Combination Kitchen and Dining Room
- Tile Flooring
Kitchen
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Home Security
Outdoor Features
- Open Patio
Utilities
- Central Heating and Cooling System
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434321220055130
- Seller Considering Concessions
Community Details
Overview
- Association fees include insurance, parking, reserve fund, sewer, water, internet
- 186 Units
- High-Rise Condominium
- Montecito Subdivision
- 12-Story Property
Amenities
- Doorman
- Billiard Room
- Business Center
- Community Wi-Fi
Recreation
- Community Spa
Security
- Gated Community
- Impact Glass
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2025
Closed on
Apr 25, 2025
Sold by
Mitra Real Estate Holdings Llc
Bought by
Laporte Janice
Seller's Agent
Will Dean
Echo Fine Properties
Buyer's Agent
Petr Frolov
Illustrated Properties
List Price
$339,990
Sold Price
$294,990
Premium/Discount to List
-$45,000
-13.24%
Total Days on Market
39
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.77%
Purchase Details
Closed on
Jun 16, 2022
Sold by
Mitra and Kunal
Bought by
Mitra Real Estate Holdings Llc
Purchase Details
Closed on
Sep 3, 2021
Sold by
Gfj Properties Llc
Bought by
Mitra Sudeshna and Mitra Kunal
Purchase Details
Closed on
Aug 15, 2008
Sold by
Federal National Mortgage Association
Bought by
Gfi Properties Llc
Purchase Details
Closed on
May 8, 2008
Sold by
Malone Edward and Americas Wholesale Lender
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jan 25, 2006
Sold by
Peacock Arthur and Peacock Laura
Bought by
Malone Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 22, 2005
Sold by
Montecito Mark Lllp
Bought by
Peacock Arthur
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $294,990 | Wave Title | |
| Warranty Deed | $294,990 | Wave Title | |
| Quit Claim Deed | -- | Frese Whitehead & Anderson Pa | |
| Warranty Deed | $250,000 | First American Title Ins Co | |
| Special Warranty Deed | $126,500 | Watson Title Insurance Inc | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $400,000 | None Available | |
| Corporate Deed | $331,900 | Jacksonville Title & Trust L |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $320,000 | New Conventional | |
| Previous Owner | $66,400 | Credit Line Revolving | |
| Previous Owner | $265,500 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | Sold | $294,990 | 0.0% | $265 / Sq Ft |
| 04/04/2025 04/04/25 | Price Changed | $294,990 | -13.2% | $265 / Sq Ft |
| 03/21/2025 03/21/25 | For Sale | $339,990 | -- | $306 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $6,227 | $281,000 | -- | -- |
| 2023 | $6,049 | $271,000 | $0 | $271,000 |
| 2022 | $4,756 | $206,510 | $0 | $0 |
| 2021 | $3,881 | $162,000 | $0 | $162,000 |
| 2020 | $3,916 | $162,000 | $0 | $162,000 |
| 2019 | $4,035 | $170,000 | $0 | $170,000 |
| 2018 | $3,402 | $153,000 | $0 | $153,000 |
| 2017 | $3,319 | $168,000 | $0 | $0 |
| 2016 | $3,166 | $115,664 | $0 | $0 |
| 2015 | $3,100 | $105,149 | $0 | $0 |
| 2014 | $2,744 | $95,590 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Will Dean
W
Seller's Agent in 2025
Will Dean
Echo Fine Properties
(561) 602-7373
1 in this area
41 Total Sales
-
Jeff Lichtenstein
Seller Co-Listing Agent in 2025
Jeff Lichtenstein
Echo Fine Properties
(561) 346-8383
9 in this area
993 Total Sales
-
Petr Frolov
P
Buyer's Agent in 2025
Petr Frolov
Illustrated Properties
(305) 833-9475
2 in this area
5 Total Sales
About Montecito Palm Beach
Map
Source: BeachesMLS
MLS Number: R11073986
APN: 74-43-43-21-22-005-5130
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