$294,990
SOLD APR 29, 2025

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

Recently Sold

$265 Per Sq Ft

13% Below List Price

39 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Clubhouse
  • Lake Front
  • Gated Community
  • 5-minute walk to Gateway Park

About This Home

As of April 2025

Freshly 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

Will Dean

Echo Fine Properties License #3255685 Listed on: 03/21/2025

Co-Listed By

Jeff Lichtenstein

Echo Fine Properties License #698097

Last Buyer's Agent

Petr Frolov

Illustrated Properties License #3595677

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

Home Design

  • Entry on the 5th floor

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,227

Year Built

Built in 2003

Lot Details

0

HOA Fees

$993 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 95 take Okeechobee Blvd East to Australian Ave North, turn Right at 1st block. Then turn next right onto Clearwater Park Road. Building is on the Left.
  • Year Built: 2003
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Kitchen/Dining Combo, Split Bedrooms, Separate Shower
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1112.0
  • Dining Room Type: Laundry
  • Stories: 12
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Lake, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Security: Door Man, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 993.0
  • Community Features: Clubhouse, Gated, Internet Access, Pool, Sauna
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Pool, Sauna, Spa/Hot Tub, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Parking, Reserve Fund, Sewer, Water, Internet

Lot Info

  • Parcel #: 74434321220055130
  • Lot Size: West of US-1
  • Zoning Description: CLD-25

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6227.0

Multi Family

  • Number Of Units In Community: 186

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%
Views
27
Current Estimated Value
$314,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,102
Avg. Annual Appreciation
6.32%

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
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 $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

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 $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

  • W

    Seller's Agent in 2025

    Will Dean

    Echo Fine Properties

    (561) 602-7373

    1 in this area

    43 Total Sales

    Will Dean
    Section Image
  • Jeff Lichtenstein

    Seller Co-Listing Agent in 2025

    Jeff Lichtenstein

    Echo Fine Properties

    (561) 346-8383

    7 in this area

    996 Total Sales

    Jeff Lichtenstein
    Section Image

  • P

    Buyer's Agent in 2025

    Petr Frolov

    Illustrated Properties

    (305) 833-9475

    3 in this area

    9 Total Sales

    Petr Frolov
    Section Image
See All Agents

About Montecito Palm Beach

Map

Source: BeachesMLS

MLS Number: R11073986

BeachesMLS

APN: 74-43-43-21-22-005-5130

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

616 Clearwater Park Rd Unit 513, West Palm Beach, FL

This home is located at 616 Clearwater Park Rd Unit 513, West Palm Beach, FL 33401 and is currently priced at $294,990, approximately $265 per square foot. This property was built in 2003. 616 Clearwater Park Rd Unit 513 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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