NOT LISTED FOR SALE

Palm Beach, FL 33480

Estimated Value: $3,401,963 - $5,274,000

2 Beds
3.5 Baths
1,921 Sq Ft
2012 Built

Last Sold September 28, 2020

Last sale price $2,540,000 $1,322 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $26,049/month

34 Days on Market

Highlights

  • Gated Community
  • Marble Flooring
  • High Ceiling
  • Palm Beach Public School Rated A-
  • Garden View
  • Community Pool

About This Home

As of September 2020

This chic Palm Beach residence represents a singular opportunity steps from Palm Beach Island's storied Worth Ave. The property's meticulously turfed courtyard under a canopy of mature sea grape presages the hushed and private aesthetic continued throughout the home. A stately outdoor kitchen with a best in class gas grill is nestled in Travertine tile buttressing the outdoor living space. Located less than a block from one of the island's most renowned beaches this residence is a rare opportunity in this coastal neighborhood. Inside, a meticulously remodeled interior awaits. New floors and provincial inspired vaulted ceilings are accentuated by immaculate stainless-steel appliances nestled in bespoke cabinetry. The home's two bedrooms are complimented by three and a half bathrooms boldly reimagined with impeccable finishing's. The master suite boasts a roomy walk in closet with custom cabinetry. The home's dedicated office provides a studious and contemplative space for occupational pursuits. This understated property in a prime location on Palm Beach Island offers a unique opportunity in one of South Florida's most prized enclaves.

Last Agent to Sell the Property

Matthias Fretz

Douglas Elliman (Jupiter) License #3283808 Listed on: 08/06/2020

Douglas Elliman (Jupiter)

Last Buyer's Agent

Laurie Barfield

The Keyes Company - Stuart License #3229951

The Keyes Company - Stuart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,138

Year Built

  • Built in 2012

Interior Spaces

  • 1,921 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Garden Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 50434326090010050

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, sewer, trash
  • 5 Units
  • Ocean Colony Palm Beach Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,138

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Royal Palm way East to Ocean Blvd. South on Ocean Blvd. West on Hammon. Property will be on your Right. Park in 2 hour spot.
  • Year Built: 2012
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Central Vacuum, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Multiple Primary Suites, Pantry, Storage, Separate Shower, Upper Level Primary, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Microwave, Oven, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Entry Level Living Area Y
  • Flooring: Carpet, Marble
  • Living Area: 1921.0
  • Stories: 2

Exterior Features

  • Exterior Features: Built-in Barbecue, Barbecue, Outdoor Living Area
  • View: Garden
  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open, On Street

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1108.0
  • Pets Allowed: Yes
  • Community Features: Gated, Street Lights
  • Senior Community: No
  • Amenities: Pool, Sidewalks
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Sewer, Trash

Lot Info

  • Parcel #: 50434326090010050
  • Mobile Dim Units: Feet
  • Zoning: R-D(2)

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 24138.3

Multi Family

  • Number Of Units In Community: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 28, 2020
Sold by
Wood Paul and Lesson Matthew A
Bought by
Jc 133 Hammon Llc
Seller's Agent
Matthias Fretz
Douglas Elliman (Jupiter)
Buyer's Agent
Laurie Barfield
The Keyes Company - Stuart
List Price
$2,974,500
Sold Price
$2,540,000
Premium/Discount to List
-$434,500
-14.61%
Current Estimated Value
$4,394,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,854,654
Avg. Annual Appreciation
10.94%

Purchase Details

Listed on
Sep 19, 2018
Closed on
Nov 8, 2019
Sold by
133 Hammon Llc
Bought by
Wood Paul and Leeson Matthew A
Seller's Agent
Linda R Olsson
Linda R. Olsson Inc.
Buyer's Agent
Matthias Fretz
Douglas Elliman-Jupiter
List Price
$2,175,000
Sold Price
$2,175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.04%
Original Mortgage
$1,100,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jc 133 Hammon Llc $2,540,000 Attorney
Wood Paul $2,175,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wood Paul $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2020 09/28/20 Sold $2,540,000 -14.6% $1,322 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $2,974,500 +36.8% $1,548 / Sq Ft
11/08/2019 11/08/19 Sold $2,175,000 +3098.5% $1,132 / Sq Ft View Prior Sale
07/17/2019 07/17/19 Pending -- -- --
12/15/2018 12/15/18 Rented $68,000 +444.0% --
11/15/2018 11/15/18 Under Contract -- -- --
09/20/2018 09/20/18 For Rent $12,500 0.0% --
09/19/2018 09/19/18 For Sale $2,175,000 0.0% $1,132 / Sq Ft
05/18/2017 05/18/17 Rented $11,500 -8.0% --
04/18/2017 04/18/17 Under Contract -- -- --
04/03/2017 04/03/17 For Rent $12,500 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $36,830 $2,449,203 -- --
2024 $36,830 $2,444,189 -- --
2023 $37,072 $2,435,254 $0 $0
2022 $36,257 $2,213,867 $0 $0
2021 $33,124 $2,012,606 $0 $2,012,606
2020 $27,851 $1,700,000 $0 $1,700,000
2019 $24,223 $1,600,000 $0 $1,600,000
2018 $19,583 $1,200,000 $0 $1,200,000
2017 $17,945 $1,050,000 $0 $0
2016 $17,284 $995,000 $0 $0
2015 $17,189 $950,000 $0 $0
2014 $17,414 $950,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthias Fretz

    Seller's Agent in 2020

    Matthias Fretz

    Douglas Elliman (Jupiter)

    (561) 315-9386

    206 Total Sales

    Matthias Fretz
    Section Image

  • L

    Buyer's Agent in 2020

    Laurie Barfield

    The Keyes Company - Stuart

    Section Image
  • Linda R Olsson

    Seller's Agent in 2019

    Linda R Olsson

    Linda R. Olsson Inc.

    (561) 329-4044

    85 Total Sales

    Linda R Olsson
    Section Image

  • S

    Buyer's Agent in 2018

    Stephanie Brams

    Illustrated Properties LLC (Co

    (561) 346-5203

    53 Total Sales

    Stephanie Brams
    Section Image
  • Christian Angle

    Buyer's Agent in 2017

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    191 Total Sales

    Christian Angle
    Section Image
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10644634

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-26-09-001-0050

Florida Palm Beach County Palm Beach

33480

Not Listed for Sale

Condos

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