NOT LISTED FOR SALE

Estimated Value: $3,592,542

2 Beds
2 Baths
2,250 Sq Ft
1969 Built

Last Sold May 11, 2023

Last sale price $3,025,000 $1,344 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $22,047/month

14 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Marble Flooring
  • Garden View
  • Palm Beach Public School Rated A-
  • Traditional Architecture
  • Furnished

About This Home

As of May 2023

Prestigious Southlake Building, known for its 5-star services, in prime location on the Intracoastal, walk to shops, restaurants and the beach. A beautiful and welcoming foyer opens to the formal dining room with high ceilings, adjoined to the grand formal living room with two spacious seating areas overlooking the gardens and Intracoastal. Enter through double doors to the expansive Primary Suite with office , large walk in closet and ensuite marble bath with spa tub and separate shower. On the other side of living room enter through double doors to the Guest Suite with its own charming sitting room, walk in closet and ensuite marble bathroom with separate shower. Both rooms have large windows overlooking the garden and Intracoastal for lots of natural light.

Last Agent to Sell the Property

Ashley Copeland

Brown Harris Stevens of PB License #3079640 Listed on: 03/20/2023

Brown Harris Stevens of PB

Last Buyer's Agent

Non-Member

Non-Member Selling Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,069

Year Built

  • Built in 1969

Lot Details

  • Property fronts an intracoastal waterway
  • West Facing Home
  • Sprinkler System

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,250 Sq Ft Home
  • Furnished
  • Decorative Fireplace
  • Blinds
  • Sliding Windows
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Marble

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Parking

  • 1 Attached Carport Space
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322170020010

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, cable TV, electricity, HVAC, hot water, insurance, ground maintenance, maintenance structure, pest control, sewer, security, trash, water
  • Southlake Condominium Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Phone Entry
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,069

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: On the corner of Royal Palm and S. Lake Drive.
  • Year Built: 1969
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bathtub, Closet Cabinetry, Dual Sinks, Sitting Area in Primary, Split Bedrooms, Soaking Tub, Separate Shower
  • Main Level Bedrooms: 2
  • Furnished: Furnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Entry Level Living Area Y
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Marble, Parquet
  • Living Area: 2250.0
  • Stories: 5
  • Window Features: Blinds, Drapes, Sliding

Exterior Features

  • Exterior Features: Lighting
  • View: Garden
  • Fencing: Fenced
  • Lot Features: Many Trees, Sprinklers Automatic
  • Pool Features: Association
  • Pool Private: No
  • Road Frontage Type: Public Road
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Assigned, Guest

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System Owned, Security System, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Lobby Secured, Phone Entry, Smoke Detector(s), Security Fence, Security Lights
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • 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: 4719.62
  • Pets Allowed: Yes
  • Community Features: Property Manager On-Site, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Laundry, Pool, Parking, Storage, Sidewalks, Trash, Elevator(s)
  • Association: Yes
  • Pets Allowed: Pet Restrictions
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Electricity, HVAC, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434322170020010
  • Mobile Dim Units: Feet
  • Zoning: R-D(1)

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 28069.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
May 4, 2023
Sold by
Leslie Z Hodnett Second Revocable Trust
Bought by
J Richard Leaman Iii 2010 Grantor Retained An
Seller's Agent
Ashley Copeland
Brown Harris Stevens of PB
Buyer's Agent
Non-Member
Non-Member Selling Office
List Price
$3,590,000
Sold Price
$3,025,000
Premium/Discount to List
-$565,000
-15.74%
Views
61
Current Estimated Value
$3,592,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,542
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Nov 13, 2000
Sold by
Mcnarmar-Hunter Carla
Bought by
Hodnett Leslie Z
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
J Richard Leaman Iii 2010 Grantor Retained An $3,025,000 None Listed On Document
Hodnett Leslie Z $900,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2023 05/11/23 Sold $3,025,000 -15.7% $1,344 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $3,590,000 -- $1,596 / 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 $40,257 $2,970,000 -- --
2024 $40,257 $2,700,000 -- --
2023 $30,818 $1,590,116 $0 $0
2022 $28,069 $1,445,560 $0 $0
2021 $25,102 $1,850,000 $0 $1,850,000
2020 $23,167 $1,675,000 $0 $1,675,000
2019 $21,549 $1,526,800 $0 $1,526,800
2018 $19,241 $1,451,800 $0 $1,451,800
2017 $18,194 $1,321,800 $0 $0
2016 $16,860 $815,980 $0 $0
2015 $13,386 $741,800 $0 $0
2014 $13,561 $741,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10875139

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-22-17-002-0010

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