NOT LISTED FOR SALE

Estimated Value: $2,271,000 - $3,501,000

4 Beds
4 Baths
3,781 Sq Ft
$2,361/mo HOA Fee

Last Sold September 04, 2018

Last sale price $1,300,000 $344 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $20,176/month

199 Days on Market

Highlights

  • Doorman
  • Ocean View
  • 139,793 Sq Ft lot
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • 3-minute walk to Sanborn Square

About This Home

As of September 2018

MULTI MILLION DOLLAR VIEWS! YOU WILL FALL IN LOVE WITH THIS BEAUTIFUL DOWNTOWN BOCA RATON CONDO, FROM THE SECOND YOU WALK IN AND SEE THE OCEAN VIEW. TWO STORY PENTHOUSE WHICH OFFERS A 1ST FLOOR MASTER BEDROOM. 4000 SQUARE FEET WITH SPECTACTULAR VIEWS FROM ALL ROOMS, EASTERN OCEAN VIEWS, OVERLOOKS BOCA RATON RESORT CLUB AND GOLF COURSE. UNIT IS LOCATED DIRECTLY ACROSS FROM ELEVATOR. FULL SERVICE BUILDING, FEATURES NEWLY RENOVATED RESORT STYLE POOL, FITNESS CENTER, IN DOOR BASKETBALL COURT, 24 HR VALET AND 24 HR FRONT DESK. WALK TO THE BEAUTIFUL BEACH, MIZNER PARK, NIGHTLIFE, RESTAURANTS, SHOPES OF ROYAL PALM PLAZA, AND MORE. PET FRIENDLY WITH RESTRICTIONS.

Last Listed By

Mark Barone

Compass Florida LLC License #3255921 Listed on: 01/17/2018

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,004

Year Built

  • Built in 2003

Lot Details

  • 3.21

HOA Fees

  • $2,361 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

  • Ocean
  • Golf Course

Interior Spaces

  • 3,781 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Den

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729560099170

Community Details

Overview

  • Association fees include management, common areas, insurance, parking, pest control, pool(s), trash, water
  • High-Rise Condominium
  • Palmetto Place Condo Subdivision
  • 9-Story Property

Amenities

  • Doorman
  • Community Library
  • Community Storage Space

Recreation

  • Community Basketball Court

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,004

Year Built

Built in 2003

Lot Details

0

HOA Fees

$2,361 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PALMETTO PARK RD TO MIZNER BLVD SOUTH TO PALMETTO PLACE CONDOS ON YOUR RIGHT
  • Year Built: 2003
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Marble
  • Living Area: 3781.0
  • Dining Room Type: Den
  • Stories: 9

Exterior Features

  • View: Golf Course, Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Door Man, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2361.0
  • Community Features: Clubhouse, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Fitness Center, Library, Pool, Storage
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Parking, Pest Control, Pool(s), Trash, Water

Lot Info

  • Parcel #: 06434729560099170
  • Lot Size Sq Ft: 139793.0
  • Zoning Description: DDRI(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 13004.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2018
Closed on
Aug 23, 2018
Sold by
Schoenmann Diana D and Demattia Perry De
Bought by
Savoy Marc R
Seller's Agent
Mark Barone
Compass Florida LLC
Buyer's Agent
Toby Feller
Champagne & Parisi Real Estate
List Price
$1,995,000
Sold Price
$1,300,000
Premium/Discount to List
-$695,000
-34.84%
Total Days on Market
199
Current Estimated Value
$2,987,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,687,949
Avg. Annual Appreciation
13.14%
Original Mortgage
$1,560,000
Outstanding Balance
$1,349,832
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,638,117

Purchase Details

Closed on
Oct 25, 2004
Sold by
Palmetto Place Development Llc
Bought by
Goldstein Howard N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$928,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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 Buyer Sale Price Title Company
Savoy Marc R $1,300,000 East Coast Title Group Inc
Goldstein Howard N $1,160,000 --
Palmetto Place Development Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savoy Marc R $1,560,000
Previous Owner Goldstein Howard N $1,000,000
Previous Owner Goldstein Howard N $372,000
Previous Owner Goldstein Howard N $928,000
Closed Goldstein Howard N $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2018 09/04/18 Sold $1,300,000 -34.8% $344 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $1,995,000 -- $528 / 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 $13,074 $793,784 -- --
2023 $12,786 $770,664 $0 $0
2022 $12,679 $748,217 $0 $0
2021 $12,627 $726,424 $0 $0
2020 $18,118 $990,000 $0 $990,000
2019 $18,641 $990,000 $0 $990,000
2018 $13,085 $764,588 $0 $0
2017 $13,004 $748,862 $0 $0
2016 $13,039 $733,459 $0 $0
2015 $13,384 $728,360 $0 $0
2014 $13,437 $722,579 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10397281

BeachesMLS

APN: 06-43-47-29-56-009-9170