NOT LISTED FOR SALE

Palm Beach, FL 33480

Estimated Value: $1,310,000 - $1,623,000

3 Beds
2.5 Baths
2,400 Sq Ft
1995 Built

Last Sold April 08, 2021

Last sale price $820,000 $342 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $9,082/month

91 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Waterfront
  • Property has ocean access
  • Gated with Attendant
  • Colonial Architecture

About This Home

As of April 2021

Breathtaking 3 bedroom 2 1⁄2 bath, enormous 2,400 square foot condo that lives like a home with direct ocean views from the living room, dining room, kitchen & den. Magnificent inside & out in a newer 1995 built boutique building with only 24 units. Enjoy a private direct elevator entrance into this incredible unit, which features a light & bright contemporary design with oversized white marble flooring throughout the entire living space & hardwood in the bedrooms. Additional features include: A washer & dryer in a full-sized separate laundry room inside the condo, hurricane shutters; large separate oceanfront & Intracoastal balconies which affords both sunrise & sunset water views... See supplemental... ...the kitchen includes a breakfast area with ocean view & balcony; 2 car covered parking; & security coded, controllable building access with gated entrance to parking. The building offers: a heated oceanfront pool, whirlpool spa, sauna, equipped exercise room, party room, community kitchen, & private individual storage area. One pet under 30lbs is allowed. Within short distance to the exclusive ''Eau Palm Beach Hotel'' formerly known as The Ritz Carlton with the Plaza Del Mar Shopping Center right across the street.

Last Agent to Sell the Property

Stuart Wexelman

KW Reserve License #3066381 Listed on: 12/18/2020

KW Reserve

Last Buyer's Agent

Melissa Lewis

KW Innovations License #3453275

KW Innovations

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,738

Year Built

  • Built in 1995

Lot Details

  • Waterfront
  • East Facing Home

Property Views

  • Ocean
  • Intracoastal
  • Pool

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • Wet Bar
  • Bar
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 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
  • Security Lights

Parking

  • 2 Attached Carport Spaces
  • Guest Parking

Outdoor Features

  • Property has ocean access
  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 62434435310004030

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, trash, water
  • 24 Units
  • 3600 South Ocean Condo Subdivision
  • Community Parking
  • 6-Story Property

Amenities

  • Clubhouse
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Gated with Attendant
  • Phone Entry
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,738

Year Built

Built in 1995

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A just north Ocean Avenue and the Eau Hotel [ Former Ritz Carlton Hotel] and the Plaza del Mar Center on the Ocean side.
  • MaximumNumberOfPets: 1
  • Year Built: 1995
  • Architectural Style: Colonial
  • Carport Y N: Yes
  • Pets No Pets Comments: Total Weight Limit Of Pets:30
  • MaximumPetWeight: 30
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Bathtub, Dual Sinks, Living/Dining Room, Storage, Soaking Tub, Separate Shower, Bar, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Wood
  • Living Area: 2400.0
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Intercoastal, Ocean, Pool
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Carport Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Guest

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Closet
  • Security: Security System, Fire Sprinkler System, Gated with Guard, Gated Community, Phone Entry, Smoke Detector(s), Security Lights
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Individual
  • 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: 1706.0
  • Pets Allowed: Yes
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Pool, Parking, Recreation Facilities, Spa/Hot Tub, Storage, Trash, Elevator(s)
  • Pets Allowed: Number Limit, Pet Restrictions, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 62434435310004030
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10738.3

Multi Family

  • Number Of Units In Community: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Apr 8, 2021
Sold by
Cecilia Properties Llc
Bought by
Muscatella John and Muscatella Hilal
Seller's Agent
Stuart Wexelman
KW Reserve
Buyer's Agent
Melissa Lewis
KW Innovations
List Price
$900,000
Sold Price
$820,000
Premium/Discount to List
-$80,000
-8.89%
Current Estimated Value
$1,420,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,149
Avg. Annual Appreciation
11.68%

Purchase Details

Closed on
Dec 19, 2008
Sold by
Saad Mayer J and Saad Samira N
Bought by
Cecilia Properties Llc

Purchase Details

Closed on
Jan 11, 1999
Sold by
750 Financial Assoc Inc
Bought by
Saad Mayer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 1997
Sold by
Stoltz Building & Dev Inc
Bought by
750 Financial Assoc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 1996
Sold by
South Ocean Palms Lp Ltd
Bought by
Stoltz Building & Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
7.77%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Muscatella John $820,000 Attorney
Cecilia Properties Llc $524,000 Attorney
Saad Mayer J $325,000 --
750 Financial Assoc Inc $100 --
Stoltz Building & Dev Inc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stoltz Building & Dev Inc $150,000
Previous Owner Stoltz Building & Dev Inc $795,000
Previous Owner Stoltz Building & Dev Inc $72,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2021 04/08/21 Sold $820,000 -8.9% $342 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $900,000 0.0% $375 / Sq Ft
12/09/2016 12/09/16 Rented $3,600 -4.0% --
11/09/2016 11/09/16 Under Contract -- -- --
11/04/2016 11/04/16 For Rent $3,750 0.0% --
08/21/2015 08/21/15 Rented $3,750 0.0% --
07/22/2015 07/22/15 Under Contract -- -- --
06/03/2015 06/03/15 For Rent $3,750 -- --
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 $17,914 $995,500 -- --
2024 $17,914 $905,000 -- --
2023 $18,040 $905,000 $0 $905,000
2022 $18,291 $896,500 $0 $0
2021 $10,635 $505,000 $0 $505,000
2020 $10,738 $505,000 $0 $505,000
2019 $10,980 $505,000 $0 $505,000
2018 $11,230 $530,000 $0 $530,000
2017 $11,491 $530,000 $0 $0
2016 $11,815 $530,000 $0 $0
2015 $11,209 $485,000 $0 $0
2014 $11,312 $485,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stuart Wexelman

    KW Reserve

    (561) 702-4577

    1 in this area

    19 Total Sales

    Stuart Wexelman
    Section Image

  • M

    Buyer's Agent in 2021

    Melissa Lewis

    KW Innovations

    (561) 346-6401

    1 in this area

    7 Total Sales

    Melissa Lewis
    Section Image

  • T

    Buyer's Agent in 2016

    Tony Sacco

    Singer Island Real Estate

    (561) 632-0020

    96 Total Sales

    Tony Sacco
    Section Image

  • M

    Buyer's Agent in 2015

    Manuela Yanez

    William Raveis Real Estate

    (561) 568-9027

    13 Total Sales

    Manuela Yanez
    Section Image
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10678098

BeachesMLS (Greater Fort Lauderdale)

APN: 62-43-44-35-31-000-4030

Florida Palm Beach County Palm Beach

33480

Not Listed for Sale

Condos

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