$775,000
SOLD AUG 31, 2023

817 Lighthouse Dr Unit A,B,C,D North Palm Beach, FL 33408

-- Bed
-- Bath
3,416 Sq Ft
1961 Built

Recently Sold

$227 Per Sq Ft

3% Below List Price

76 Days on Market

Highlights

  • Water Views
  • Tile Flooring
  • 3-minute walk to Osbourne Park
  • Impact Glass
  • Central Heating and Cooling System

About This Home

As of August 2023

Excellent opportunity to own a Charming 4 Plex with long term tenants. Units are individually titled with one owner. All buildings have Impact windows, granite counters, crown molding, Assigned ParkingAll sizes and costs are approximate.

Last Agent to Sell the Property

Jim Metcalf

Illustrated Properties LLC (Co License #3018607 Listed on: 06/15/2023

Illustrated Properties LLC (Co

Last Buyer's Agent

Alex Fink

Illustrated Properties LLC (Co License #3392032

Illustrated Properties LLC (Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,194

Year Built

  • Built in 1961

Lot Details

  • Sprinkler System

HOA Fees

  • $315 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,416 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Impact Glass

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 68434217388170010002000300040

Community Details

Overview

  • 4 Units
  • Pineapple Grove Subdivision

Building Details

  • Operating Expense $26,000
  • Net Operating Income $50,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,194

Year Built

Built in 1961

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Prop. Type: Residential Income
  • Directions: I95 to Northlake Blvd, E to Prosperity Farms, N to Lighthouse Dr, W to building on left
  • Year Built: 1961
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 3416.0
  • Window Features: Impact Glass

Exterior Features

  • View: Other, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 315.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 68434217388170010002000300040
  • Lot Size: Paved Road,Public Road,S
  • Zoning Description: Res

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 50800.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 26000.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9194.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 24, 2023
Sold by
R & M1974 Properties Llc
Bought by
Habashy Peter
Seller's Agent
Jim Metcalf
Illustrated Properties LLC (Co
Buyer's Agent
Alex Fink
Illustrated Properties LLC (Co
List Price
$800,000
Sold Price
$775,000
Premium/Discount to List
-$25,000
-3.12%
Views
231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.78%

Purchase Details

Listed on
Aug 27, 2018
Closed on
Dec 14, 2018
Sold by
Wachter Jaclyn and Lanniello Jaclyn
Bought by
R & M 1974 Properties Llc
Seller's Agent
Elizabeth O'Hara
Premier Brokers International
Buyer's Agent
Andrew Sesta
The Keyes Company - Stuart
List Price
$516,000
Sold Price
$450,000
Premium/Discount to List
-$66,000
-12.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%

Purchase Details

Closed on
Aug 28, 2006
Sold by
Pb Property Holdings Llc
Bought by
Wachter Jaclyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $775,000 Home Partners Title Services
Warranty Deed $450,000 Homepartners Title Services
Warranty Deed $142,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $79,730 New Conventional
Previous Owner $106,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 For Sale $899,000 +16.0% $263 / Sq Ft
08/31/2023 08/31/23 Sold $775,000 -3.1% $227 / Sq Ft
06/15/2023 06/15/23 For Sale $800,000 +77.8% $234 / Sq Ft
12/13/2018 12/13/18 Sold $450,000 -12.8% $132 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $516,000 -- $151 / 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 $3,076 $150,000 -- --
2023 $2,423 $116,160 $0 $125,000
2022 $2,283 $105,600 $0 $0
2021 $2,073 $96,000 $0 $96,000
2020 $2,076 $96,000 $0 $96,000
2019 $1,901 $85,000 $0 $85,000
2018 $1,354 $81,000 $0 $81,000
2017 $1,159 $60,000 $0 $0
2016 $1,060 $42,459 $0 $0
2015 $1,034 $38,599 $0 $0
2014 $995 $35,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10897591

BeachesMLS

APN: 68-43-42-17-38-817-0010