NOT LISTED FOR SALE

Villa Magna Condominiums 2727 S Ocean Blvd Unit 605 Highland Beach, FL 33487

Estimated Value: $1,878,000 - $2,381,378

2 Beds
2.5 Baths
2,050 Sq Ft
1982 Built

Sale Details

Date Sold: March 8, 2021

Last sale price $1,200,000 $585 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $14,898 / mo

114 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Fitness Center
  • Boca Raton Community Middle School Rated A-
  • Community Boat Dock
  • Gated Community

About This Home

As of March 2021

Direct Oceanfront to the East & Direct Intracoastal to the West... What Could Be Better?
''Villa Magna'' one of the Most Prestigious Residences in Highland Beach. Your Direct Oceanfront Home Is Waiting for You!. Only 2 Residences Per Floor. Private & Discreet . This Property Includes a Boat Slip on the Intracoastal, which only a few of the units have. This Fabulous Condo Boast Walls of Impact Glass , Huge Oceanfront Balcony from Living Room, Dining Area & Kitchen, Intracoastal Balcony from the Bedroom Suites. Double Entry Door to Spacious Foyer, & Open Oceanfront Floor Plan.
Updated Kitchen w/ Stainless Steel Appliances, Designer Glass Cabinetry Accents. Abundant Quartz Counter Space.
Large Step In Pantry, Large Private Laundry Room w/Extra Storage. Steps to Waterfront Dining & Beach White Tile Throughout Living Area. The Magnificent Exposure Make This Light & Bright. Both Bedrooms w/En Suite Full Bathrooms. Master Features Separate Shower & Soaking Tub, Closets Galore + Powder Room for Guests.Don't Miss This Incredible Opportunity to Own a Residence in The Newly Renovated "Villa Magna". When Only The Best Will Do.

Last Agent to Sell the Property

Elaine Perlmutter

Lang Realty/Delray Beach License #3230964 Listed on: 12/23/2020

Lang Realty/Delray Beach

Co-Listed By

Ann Frances Smith

Lang Realty/Delray Beach License #596332

Last Buyer's Agent

Brian Kulju

Iconic Properties License #3183907

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,643

Year Built

  • Built in 1982

Lot Details

  • West Facing Home

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking
  • Assigned Parking

Property Views

Home Design

  • Colonial Architecture
  • Tar and Gravel Roof

Interior Spaces

  • 2,050 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Motion Detectors

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24434628510000605

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, pest control, security, trash, water
  • 92 Units
  • Villa Magna Condo Subdivision
  • 15-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Community Library
  • Secure Lobby
  • Community Storage Space
  • Elevator

Recreation

  • Community Boat Dock
  • Community Beach Access
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,643

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$1,500 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Building is located on the east side of A1A between Spanish River and Linton Blvd. Directly On Ocean
  • Year Built: 1982
  • Architectural Style: Colonial
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Bathtub, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Living/Dining Room, Pantry, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2050.0
  • Stories: 15

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Intercoastal, Ocean
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Special Assessment
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Covered, Open, Balcony
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

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

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System, Closed Circuit Camera(s), Gated Community, Lobby Secured, Motion Detectors, Security Guard
  • Cooling: Central Air, 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: 1500.0
  • Pets Allowed: No
  • Community Features: Gated, Property Manager On-Site
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access, Clubhouse, Elevator(s), Fitness Center, Library, Pool, Sauna, Spa/Hot Tub, Storage, Trash, Boat Dock
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Pest Control, Security, Trash, Water

Lot Info

  • Parcel #: 24434628510000605
  • Mobile Dim Units: Feet
  • Zoning: RMM(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 16643.0

Multi Family

  • Number Of Units In Community: 92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Mar 8, 2021
Sold by
Halkuff Dawn B
Bought by
Dutton Clifton C and Cliffton C Dutton Trust
Seller's Agent
Elaine Perlmutter
Lang Realty/Delray Beach
Buyer's Agent
Brian Kulju
Iconic Properties
List Price
$1,375,000
Sold Price
$1,200,000
Premium/Discount to List
-$175,000
-12.73%
Current Estimated Value
$2,114,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$914,345
Avg. Annual Appreciation
11.84%

Purchase Details

Listed on
Nov 9, 2016
Closed on
Apr 4, 2017
Sold by
Hurst Alan
Bought by
Halkuff Dawn B
Seller's Agent
Mary Ann Prince
South Florida Realty Group & Property Management LLC
Buyer's Agent
Elaine Perlmutter
Lang Realty/Delray Beach
List Price
$1,279,000
Sold Price
$999,000
Premium/Discount to List
-$280,000
-21.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$749,250
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 22, 2014
Sold by
Masera Raymond P
Bought by
Hurst Alan and Hurst Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2004
Sold by
Pluta Andrew and Pluta Helen
Bought by
Middleton James W and Middleton Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 1995
Sold by
Lacas Phokion C and Lacas Efterpe I
Bought by
Pluta Andrew and Pluta Helen
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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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
Dutton Clifton C $1,200,000 Princeton T&E Llc
Halkuff Dawn B $999,000 None Available
Hurst Alan $720,000 Attorney
Middleton James W $800,000 --
Pluta Andrew $472,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halkuff Dawn B $749,250
Previous Owner Hurst Alan $576,000
Previous Owner Middleton James W $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2021 03/08/21 Sold $1,200,000 -12.7% $585 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
10/09/2020 10/09/20 For Sale $1,375,000 +37.6% $671 / Sq Ft
04/07/2017 04/07/17 Sold $999,000 -21.9% $487 / Sq Ft View Prior Sale
03/08/2017 03/08/17 Pending -- -- --
11/09/2016 11/09/16 For Sale $1,279,000 -- $624 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $24,128 $1,516,541 -- --
2024 $24,128 $1,378,674 -- --
2023 $23,174 $1,253,340 $0 $0
2022 $18,774 $1,139,400 $0 $0
2021 $11,453 $670,000 $0 $670,000
2020 $11,417 $655,000 $0 $655,000
2019 $16,883 $945,000 $0 $945,000
2018 $14,616 $860,000 $0 $860,000
2017 $6,861 $434,507 $0 $0
2016 $6,953 $425,570 $0 $0
2015 $7,246 $422,612 $0 $0
2014 $11,341 $580,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Elaine Perlmutter

    Lang Realty/Delray Beach

    (561) 455-3300

    213 Total Sales

    Elaine Perlmutter
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Ann Frances Smith

    Lang Realty/Delray Beach

    (561) 436-5054

    148 Total Sales

    Ann Frances Smith
    Section Image
  • Brian Kulju

    Buyer's Agent in 2021

    Brian Kulju

    Iconic Properties

    (716) 485-8655

    10 Total Sales

    Brian Kulju
    Section Image

  • M

    Seller's Agent in 2017

    Mary Ann Prince

    South Florida Realty Group & Property Management LLC

See All Agents

About Villa Magna Condominiums

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10662077

BeachesMLS (Greater Fort Lauderdale)

APN: 24-43-46-28-51-000-0605

Florida Palm Beach County Highland Beach 33487

2727 S Ocean Blvd Unit 605, Highland Beach, FL

Not Listed for Sale

Condos

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