NOT LISTED FOR SALE

Estimated Value: $509,000 - $572,000

3 Beds
2 Baths
1,698 Sq Ft
$317/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $531,000 $313 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,696/month

19 Days on Market

Highlights

  • Water Views
  • Central Air
  • Fenced
  • Tile Flooring

About This Home

As of February 2024

Nice Beach Area Tri-plex property conveniently located in close proximity to shopping, restaurants, banks, marina and city buildings / parks with beautiful new library. Only 1.5 miles to beautiful beaches and OceanFront Park. Property is walking distance to downtown redevelopment area that offers free concerts, events and movie nights throughout the year at Centennial Park on Ocean Avenue. Take a boat ride or rent jet skis from nearby Boynton Harbour Marina. Easy access to I-95 for commuters. Centrally located between Palm Beach International airport and Fort Lauderdale-Hollywood International Airport. Live in one unit and rent out the other units. CASH offers only please.

Last Agent to Sell the Property

Candice Brueggemann

Keller Williams Realty Services License #3074592 Listed on: 01/26/2024

Keller Williams Realty Services

Co-Listed By

Douglas Brueggemann

Keller Williams Realty Services License #3232687

Last Buyer's Agent

Michael Z. Hurwitz

True Floridian Realty License #3148138

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,292

Year Built

  • Built in 1951

Lot Details

  • 7,291 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,698 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring
  • Water Views

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 08434528230050070

Community Details

Overview

  • 3 Units
  • Hathaway Park Subdivision

Building Details

  • Operating Expense $16,696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,292

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: From US 1 Federal Hwy, take SE 12th Avenue W to SE 3rd Street. Head North (RT) on SE 3rd St to property on the left.
  • Year Built: 1951
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1698.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 08434528230050070
  • Lot Size: 75.0 ft x 90.0 ft
  • Lot Size Sq Ft: 7291.0
  • Zoning Description: R2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7292.0

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 16696.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2024
Sold by
Lewis Derek
Bought by
2456 Angler Llc
Total Days on Market
19
Current Estimated Value
$539,036

Purchase Details

Closed on
May 1, 2024
Sold by
Lewis Derek
Bought by
915 Se 3Rd Llc

Purchase Details

Listed on
Jan 26, 2024
Closed on
Feb 15, 2024
Sold by
Petrillos Island Enterprises Llc
Bought by
Lewis Derek
Seller's Agent
Candice Brueggemann
Keller Williams Realty Services
Buyer's Agent
Michael Z. Hurwitz
True Floridian Realty
List Price
$550,000
Sold Price
$531,000
Premium/Discount to List
-$19,000
-3.45%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%

Purchase Details

Closed on
Jul 28, 2021
Sold by
Hamr Time Properties Llc
Bought by
Petrillo S Island Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2021
Sold by
Gilday Ronald M and Gilday Simone
Bought by
Hamr Time Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,250
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 7, 2017
Closed on
May 25, 2017
Sold by
Despinos Paul
Bought by
Gilday Ronald M
Seller's Agent
Jean Garcon
Good Deal Realty LLC
Buyer's Agent
Jean Garcon
Good Deal Realty LLC
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%
Original Mortgage
$75,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2015
Closed on
Nov 13, 2015
Sold by
Hume John and Hume Barbara J
Bought by
Despinos Paul
Seller's Agent
Sonja Kocvesca
DNS International Realty Inc.
Buyer's Agent
Jean Garcon
Good Deal Realty LLC
List Price
$127,700
Sold Price
$102,709
Premium/Discount to List
-$24,991
-19.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.07%

Purchase Details

Closed on
Jul 29, 1997
Sold by
Hinson Darrell H and Hinson Sue R
Bought by
Daly Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.7%

Purchase Details

Closed on
Sep 1, 1994
Sold by
Amrhein Anthony A
Bought by
Hinson Darrell H and Hinson Sue R

Purchase Details

Closed on
Sep 7, 1993
Sold by
C R S F Prop Inc
Bought by
Amrhein Anthony A
Source: Public Records

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Range of Values:

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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
2456 Angler Llc -- None Listed On Document
915 Se 3Rd Llc -- None Listed On Document
Lewis Derek $531,000 None Listed On Document
Petrillo S Island Enterprises Llc $300,000 Corporate Title Inc
Hamr Time Properties Llc $150,000 Corporate Title Inc
Gilday Ronald M $205,000 Homepartners Title Services
Despinos Paul $102,709 None Available
Daly Mark C $130,000 --
Hinson Darrell H $108,900 --
Amrhein Anthony A $109,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrillo S Island Enterprises Llc $240,000
Previous Owner Hamr Time Properties Llc $212,250
Previous Owner Gilday Ronald M $75,000
Previous Owner Daly Mark C $136,000
Previous Owner Daly Mark C $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $531,000 -3.5% $313 / Sq Ft
01/26/2024 01/26/24 For Sale $550,000 +155.8% $324 / Sq Ft
05/26/2017 05/26/17 Sold $215,000 -4.4% $127 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
01/07/2017 01/07/17 For Sale $225,000 +119.1% $133 / Sq Ft
11/13/2015 11/13/15 Sold $102,709 -19.6% $60 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
06/27/2015 06/27/15 For Sale $127,700 -- $75 / 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 $8,036 $359,277 -- --
2023 $7,292 $326,615 $151,810 $232,006
2022 $6,436 $296,923 $0 $0
2021 $4,236 $227,487 $55,000 $172,487
2020 $4,407 $234,078 $0 $0
2019 $4,338 $228,815 $53,000 $175,815
2018 $3,965 $174,227 $51,597 $122,630
2017 $4,017 $174,427 $49,140 $125,287
2016 $3,798 $161,635 $0 $0
2015 $2,894 $114,791 $0 $0
2014 $2,661 $104,355 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10954023

BeachesMLS

APN: 08-43-45-28-23-005-0070