NOT LISTED FOR SALE

155 S Ocean Ave Unit 506 Palm Beach Shores, FL 33404

Estimated Value: $1,491,000 - $2,321,000

3 Beds
2.5 Baths
2,210 Sq Ft
2009 Built

Last Sold March 14, 2017

Last sale price $835,000 $378 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $10,870/month

Highlights

  • Property has ocean access
  • Community Cabanas
  • Intracoastal View
  • William T. Dwyer High School Rated A-
  • Fitness Center
  • Gated Community

About This Home

As of September 2020

Oceanfront luxury, boutique building w/ only 34 residences. Looks and lives like a 5-star resort. Expansive, lushly landscaped grounds, spanning 2.7 acres w/150' of beachfront. Monitored and gated entrance with porte-cochere arrival. Exceptional amenities, including well-appointed, manned lobby, inviting owner's lounge and bar, fully equipped gym, business center and Singer Island's most stunning pool. Magnificently updated, 2210 ac/sf 3/2,5 features bright open living areas, custom kitchen and an indulgent master bedroom. Incredible attention to detail. Located along the southern tip of Singer Island, in the quaint sea-side town of Palm Beach Shores. Only minutes away to some of South Florida's Finest dining, shopping, arts and cultural venues.

Last Agent to Rent the Property

Christine Cox

Douglas Elliman (Jupiter) License #3037662 Listed on: 07/17/2020

Douglas Elliman (Jupiter)

Co-Listed By

Jeff Cohen

The Keyes Company License #3164853

Last Renter's Agent

Allison Nicklaus

Nicklaus Vance License #3097311

Nicklaus Vance

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • Waterfront
  • West Facing Home
  • Sprinkler System

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 2,210 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Tile Flooring
  • Intracoastal Views
  • Home Security System
  • Dryer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Outdoor Features

  • Property has ocean access
  • Balcony
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Property Available on 8/15/20
  • Assessor Parcel Number 54434226160005060

Community Details

Overview

  • 34 Units
  • Dolce Vita Condo Subdivision
  • 6-Story Property

Amenities

  • Business Center
  • Elevator
  • Bike Room

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Putting Green

Security

  • Resident Manager or Management On Site
  • Gated Community

Condo Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Cable TV, Electricity
  • Available Date: 2020-08-15
  • Security Deposit: 1.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Blue Heron - east over intracoastal bridge, immediate right (south) on Lake Drive, left (east) on Blossom (2nd stop sign), to S Ocean Ave.
  • Year Built: 2009
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Bathtub, Dual Sinks, Entrance Foyer, Jetted Tub, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Furnished
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Tile
  • Living Area: 2210.0
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: City, Intercoastal
  • Lot Features: 2-3 Acres, Sprinklers Automatic
  • Pool Features: Association
  • Pool Private: No
  • Road Frontage Type: Public Road
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Direction Faces: West
  • Other Structures: Cabana
  • Patio And Porch Features: Covered, Wrap Around, Balcony

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Security: Security System, Building Security, Gated Community, Lobby Secured
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: No
  • Community Features: Gated, Property Manager On-Site, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Business Center, Cabana, Elevator(s), Fitness Center, Pool, Putting Green(s), Sidewalks, Trash
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 54434226160005060
  • Land Lease Amount Frequency: One Time
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units In Community: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2020
Sold by
Moors Charles Brenda and Moors Charles Marsha
Bought by
Moors Charles Brenda and Moors Charles Marsha
Current Estimated Value
$1,755,977

Purchase Details

Listed on
Jan 5, 2017
Closed on
Mar 7, 2017
Sold by
Moloney Peter G and Moloney Abbie G
Bought by
Charles Brenda Moors
List Price
$810,000
Sold Price
$835,000
Premium/Discount to List
$25,000
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$626,250
Outstanding Balance
$517,261
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,238,716

Purchase Details

Closed on
Oct 20, 2014
Sold by
Moloney Peter G and Moloney Abbie G
Bought by
The Peter G Moloney Revocable Trust

Purchase Details

Listed on
May 22, 2014
Closed on
Mar 26, 2014
Sold by
Dolce Vita Marketing Llc
Bought by
Moloney Peter G
Seller's Agent
Christine Cox
Douglas Elliman (Jupiter)
Buyer's Agent
Marcy Hocking
Illustrated Properties LLC (Singer Island)
List Price
$615,000
Sold Price
$615,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$350,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Moors Charles Brenda -- Attorney
Charles Brenda Moors $835,000 The Title Network Inc
The Peter G Moloney Revocable Trust -- Attorney
Moloney Peter G $615,000 The Title Network Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charles Brenda Moors $626,250
Previous Owner Moloney Peter G $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2020 09/08/20 Rented $9,000 +80.0% --
08/09/2020 08/09/20 Under Contract -- -- --
07/17/2020 07/17/20 For Rent $5,000 +11.1% --
12/31/2017 12/31/17 Rented $4,500 -43.8% --
12/01/2017 12/01/17 Under Contract -- -- --
05/25/2017 05/25/17 For Rent $8,000 0.0% --
03/14/2017 03/14/17 Sold $835,000 +3.1% $379 / Sq Ft View Prior Sale
02/12/2017 02/12/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $810,000 +31.7% $368 / Sq Ft
03/26/2014 03/26/14 Sold $615,000 0.0% $278 / Sq Ft View Prior Sale
02/24/2014 02/24/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $615,000 -- $278 / 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 $20,799 $1,046,832 -- --
2024 $20,799 $951,665 -- --
2023 $18,730 $865,150 $0 $0
2022 $17,425 $786,500 $0 $0
2021 $14,889 $715,000 $0 $715,000
2020 $15,010 $715,000 $0 $715,000
2019 $14,877 $685,000 $0 $685,000
2018 $13,868 $685,000 $0 $685,000
2017 $12,639 $615,000 $0 $0
2016 $12,416 $577,500 $0 $0
2015 $11,377 $525,000 $0 $0
2014 $11,489 $525,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10639458

BeachesMLS (Greater Fort Lauderdale)

APN: 54-43-42-26-16-000-5060