$5,596,000 - $8,608,520
RENTED MAR 7, 2025
3 Beds
3.5 Baths
2,992 Sq Ft
2.47 Acres

Last Sold September 25, 2023

Last sale price $4,402,600 $1,471 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $43,245/month

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • 3-minute walk to Norton Gallery Park

About This Home

As of March 2025

Available May 1, Beautifully and fully furnished by Arhaus, this high floor 3BR boasts breathtaking panoramic views of the City, the Intracoastal, Palm Beach Island and the Ocean. Top of the line upgrades throughout. TVs in every BR plus LR. Two garage spaces, one having an EV charger, included. Annual leases only.

Last Agent to Rent the Property

Mary Newton

Douglas Elliman License #3024255 Listed on: 01/06/2025

Douglas Elliman

Last Renter's Agent

Suzanne Frisbie

The Corcoran Group License #508253

The Corcoran Group

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2023

Lot Details

  • 2.47

Parking

  • Over 1 Space Per Unit

Property Views

Interior Spaces

  • 2,992 Sq Ft Home
  • Furnished
  • Built-In Features
  • High Ceiling
  • Great Room
  • Family Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Property fronts an intracoastal waterway
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $35,000
  • Property Available on 4/1/25
  • Assessor Parcel Number 74434327910001904

Community Details

Overview

  • La Clara Subdivision

Amenities

  • Doorman
  • Business Center

Recreation

Condo Details

Home Type

Condominium

Year Built

Built in 2023

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2025-04-01
  • Security Deposit: 35000.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East on Ockeechobee to South Flagler, head south to Arkona Ct.
  • Year Built: 2023
  • Entry Level: 19
  • Special Features: 4098

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, High Ceilings, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other
  • Living Area: 2992.0
  • Dining Room Type: Family Room, Great Room, Laundry, Storage Room

Exterior Features

  • View: Intercoastal, Ocean, Water
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Sauna
  • Senior Community: No
  • Amenities: Business Center, Fitness Center, Sauna
  • Pets Allowed: No

Lot Info

  • Parcel #: 74434327910001904
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Oct 3, 2023
Sold by
Ggt Flagler Lp
Bought by
Pappas Peter J and Pappas Irene
Seller's Agent
Chris Leavitt
Douglas Elliman
Buyer's Agent
Chris Leavitt
Douglas Elliman
List Price
$4,402,600
Sold Price
$4,402,600
Current Estimated Value
$6,629,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,227,240
Avg. Annual Appreciation
21.80%
Original Mortgage
$3,081,820
Outstanding Balance
$3,031,705
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$3,308,966
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

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Rented $35,000 0.0% --
01/06/2025 01/06/25 For Rent $35,000 0.0% --
03/01/2024 03/01/24 Rented $35,000 0.0% --
03/01/2024 03/01/24 Under Contract -- -- --
01/16/2024 01/16/24 Price Changed $35,000 -12.5% $11 / Sq Ft
12/11/2023 12/11/23 Price Changed $40,000 -11.1% $13 / Sq Ft
10/25/2023 10/25/23 For Rent $45,000 0.0% --
09/25/2023 09/25/23 Sold $4,402,600 0.0% $1,423 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
12/01/2020 12/01/20 For Sale $4,402,600 -- $1,423 / 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 -- $4,050,000 -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11050460

BeachesMLS

APN: 74-43-43-27-91-000-1904