$300,000
SOLD MAY 26, 2015
1 Bed
1 Bath
883 Sq Ft
$511/mo HOA Fee

Recently Sold

$340 Per Sq Ft

5% Below List Price

55 Days on Market

Highlights

  • Doorman
  • Water Views
  • Clubhouse
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • 3-minute walk to Sanborn Square

About This Home

As of May 2015

Fabulous Apartment with East exposure facing the golf course in Downtown Boca Raton! Spacious 1 bedroom/ 1 bath with dramatic 11 ft. ceilings creating an open loft feeling! Gourmet kitchen with European cabinetry, granite counter-tops, plus convenient washer and dryer.Marble floors add to the elegance of this gorgeous apartment. Enjoy the morning sunshine from your balcony off of the living room. There is a spacious master bedroom with a luxurious marble bath. This is the perfect place to relax and enjoy all that downtown Boca Raton has to offer! This ideal location is minutes away from shopping, restaurants, and entertainment! Palmetto Place is a full service building with 24 hour security, a resort style pool, state of the art fitness center plus convenient valet parking.

Last Agent to Sell the Property

Patricia Seward

Campbell&Rosemurgy Real Estate License #438283 Listed on: 03/01/2015

Campbell&Rosemurgy Real Estate

Last Buyer's Agent

Julie Rodrigues

Florida's Best Realty Services License #3271243

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,212

Year Built

  • Built in 2003

HOA Fees

  • $511 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Water
  • Golf Course

Interior Spaces

  • 883 Sq Ft Home
  • High Ceiling
  • Sliding Windows
  • Combination Dining and Living Room
  • Recreation Room
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Exterior Lighting
  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 06434729560055110

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, parking, pool(s), sewer, security, trash, water
  • Palmetto Place Condominiu Subdivision
  • 9-Story Property

Amenities

  • Doorman
  • Billiard Room

Recreation

  • Community Basketball Court

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,212

Year Built

Built in 2003

Lot Details

0

HOA Fees

$511 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Mizner Blvd east of Federal Hwy, south of Palmetto Park Road
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Marble
  • Living Area: 883.0
  • Dining Room Type: Recreation
  • Stories: 9
  • Window Features: Impact Glass, Sliding

Exterior Features

  • View: Golf Course, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Security Guard, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 511.0
  • Community Features: Clubhouse, Fitness, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Basketball Court, Billiard Room, Clubhouse, Fitness Center, Management, Pool, Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 06434729560055110
  • Zoning Description: resident

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4212.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2015
Closed on
May 26, 2015
Sold by
Vortex Investments Llc
Bought by
Setrakian Seth
Seller's Agent
Patricia Seward
Campbell&Rosemurgy Real Estate
Buyer's Agent
Julie Rodrigues
Florida's Best Realty Services
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Aug 10, 2010
Sold by
Bankunited Fsb
Bought by
Vortex Investments Llc

Purchase Details

Closed on
Oct 15, 2009
Sold by
Moran Charles and Moran Anita Baker
Bought by
Bankunited Fsb

Purchase Details

Closed on
Sep 13, 2004
Sold by
Fontinel Cheryl D and Fontinel Aaron L
Bought by
Moran Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,800
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $300,000 Hometown Title Services Inc
Corporate Deed $195,000 Bay Title & Escrow Company
Trustee Deed -- None Available
Warranty Deed $295,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 Adjustable Rate Mortgage/ARM
Previous Owner $338,400 Unknown
Previous Owner $142,740 Credit Line Revolving
Previous Owner $205,800 Purchase Money Mortgage
Closed $73,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 For Sale $549,900 0.0% $618 / Sq Ft
09/22/2023 09/22/23 Rented $3,000 0.0% --
08/01/2023 08/01/23 Under Contract -- -- --
07/13/2023 07/13/23 Price Changed $3,000 -6.3% $3 / Sq Ft
07/03/2023 07/03/23 For Rent $3,200 +28.0% --
03/06/2020 03/06/20 For Rent $2,500 -3.8% --
03/06/2020 03/06/20 Rented $2,600 +18.2% --
04/01/2018 04/01/18 Rented $2,200 0.0% --
03/02/2018 03/02/18 Under Contract -- -- --
01/29/2018 01/29/18 For Rent $2,200 0.0% --
05/01/2017 05/01/17 Rented $2,200 0.0% --
04/01/2017 04/01/17 Under Contract -- -- --
01/16/2017 01/16/17 For Rent $2,200 0.0% --
05/26/2015 05/26/15 Sold $300,000 -4.8% $340 / Sq Ft
04/26/2015 04/26/15 Pending -- -- --
03/01/2015 03/01/15 For Sale $315,000 -- $357 / 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 $6,767 $332,750 -- --
2023 $6,511 $302,500 $0 $0
2022 $5,729 $275,000 $0 $0
2021 $4,755 $250,000 $0 $250,000
2020 $4,574 $240,000 $0 $240,000
2019 $4,703 $240,000 $0 $240,000
2018 $4,672 $250,000 $0 $250,000
2017 $5,005 $265,000 $0 $0
2016 $4,925 $255,000 $0 $0
2015 $4,664 $226,270 $0 $0
2014 $4,212 $205,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10115517

BeachesMLS

APN: 06-43-47-29-56-005-5110