NOT LISTED FOR SALE

Estimated Value: $351,533 - $531,000

1 Bed
1 Bath
271 Sq Ft
1925 Built

Last Sold October 06, 2023

Last sale price $361,785 $1,335 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,529/month

106 Days on Market

Highlights

  • Community Pool
  • Resident Manager or Management On Site
  • Community Library
  • Palm Beach Public School Rated A-
  • Entrance Foyer
  • Central Heating and Cooling System

About This Home

As of October 2023

Introducing an extraordinary investment opportunity at the prestigious Palm Beach Hotel Condominium. As you step into this bright corner studio unit, you'll immediately be captivated by the gorgeous view of the neighboring St. Edwards Chapel, creating a serene setting right outside your window. The bathroom holds a delightful surprise - a bonus window! Positioned as a corner unit, this studio brilliantly maximizes natural light, creating a bright and welcoming atmosphere throughout the day. This unique historic building offers all the conveniences of a hotel, creating an immersive experience that makes you feel like you are truly living in one. The condo provides a range of amenities designed to enhance your lifestyle. Enjoy the convenience of valet service for parking, heated swimming pool, peaceful lanai, 24 hour front desk attendant, and best of all: No rental restrictions (vacation rental, Airbnb, etc. are allowed) for immediate income opportunities. Schedule a showing today and secure your slice of Palm Beach paradise.

Last Agent to Sell the Property

Maria Termotto-Horwitz

Keller Williams Realty/P B License #3266347 Listed on: 05/31/2023

Co-Listed By

Josh Horwitz

Keller Williams Realty/P B License #3032175

Last Buyer's Agent

Lenny Felberbaum

Engel & Voelkers Delray Beach License #3162200

Engel & Voelkers Delray Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,270

Year Built

  • Built in 1925

Lot Details

  • South Facing Home

Home Design

  • Frame Construction

Interior Spaces

  • 271 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Parquet Flooring
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434315280003054

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include internet
  • Palm Beach Hotel Condo Subdivision

Amenities

  • Community Library
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,270

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1925
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Elevator, None
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Parquet
  • Living Area: 271.0
  • Stories: 4

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 767.93
  • Pets Allowed: No
  • Community Features: Home Owners Association, Property Manager On-Site, Street Lights
  • Senior Community: No
  • Amenities: Elevator(s), Library, Pool, Sidewalks, Trash
  • Association: Yes

Fee Information

  • Association Fee Includes: Internet

Lot Info

  • Parcel #: 50434315280003054
  • Mobile Dim Units: Feet
  • Zoning: C-TS(c

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2269.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Oct 6, 2023
Sold by
Bowman Jessica
Bought by
Ottley Stephen and Ottley Sylvia
Seller's Agent
Maria Termotto-Horwitz
Keller Williams Realty/P B
Buyer's Agent
Lenny Felberbaum
Engel & Voelkers Delray Beach
List Price
$475,000
Sold Price
$361,786
Premium/Discount to List
-$113,214
-23.83%
Views
110
Current Estimated Value
$405,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,597
Avg. Annual Appreciation
4.75%

Purchase Details

Listed on
Jul 25, 2019
Closed on
Aug 16, 2019
Sold by
Vella Doris
Bought by
Bowman Jessica
Seller's Agent
Yuliia Eppler
LPT Realty, LLC
Buyer's Agent
Maria Termotto-Horwitz
Keller Williams Realty/P B
List Price
$136,000
Sold Price
$140,000
Premium/Discount to List
$4,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.78%

Purchase Details

Listed on
Jul 25, 2019
Closed on
Jun 17, 2019
Sold by
Sena Group Llc
Bought by
Vella Doris
Seller's Agent
Yuliia Eppler
LPT Realty, LLC
Buyer's Agent
Maria Termotto-Horwitz
Keller Williams Realty/P B
List Price
$136,000
Sold Price
$140,000
Premium/Discount to List
$4,000
2.94%

Purchase Details

Listed on
Sep 26, 2014
Closed on
Nov 20, 2014
Sold by
Wells Fargo Bank Na
Bought by
Leon Bernice Clare
Seller's Agent
Gail Weir
Illustrated Properties LLC (Co
List Price
$79,000
Sold Price
$72,500
Premium/Discount to List
-$6,500
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.79%

Purchase Details

Closed on
Nov 27, 2013
Sold by
Mak Janice L and Mak Janice
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 30, 2003
Sold by
Tatham Susan
Bought by
Mak Janice Lee

Purchase Details

Closed on
Nov 30, 2000
Sold by
Gaffney John L
Bought by
Tatham Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,800
Interest Rate
7.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 1998
Sold by
Barnes Maria
Bought by
Gaffney John L

Purchase Details

Closed on
Dec 30, 1994
Sold by
Lamn Regina A and Smith Peggy L
Bought by
Barnes Maria

Purchase Details

Closed on
Apr 12, 1994
Sold by
Palm Bch Hotel Condo Assn Inc
Bought by
Lamn Regina A and Smith Peggy L
Source: Public Records
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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
Ottley Stephen $361,785 None Listed On Document
Bowman Jessica $140,000 Gulf Stream Title Llc
Vella Doris $130,000 Standard Title Ins Agcy Inc
Leon Bernice Clare $72,500 Servicelink
Wells Fargo Bank Na $56,100 None Available
Mak Janice Lee $88,000 Palm Beach Land Title Corp
Tatham Susan K $38,500 --
Gaffney John L $40,000 --
Barnes Maria $23,000 --
Lamn Regina A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaffney John L $30,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2023 10/06/23 Sold $361,786 -12.8% $1,335 / Sq Ft
07/17/2023 07/17/23 Price Changed $415,000 -3.5% $1,531 / Sq Ft
07/08/2023 07/08/23 Price Changed $430,000 -9.5% $1,587 / Sq Ft
05/31/2023 05/31/23 For Sale $475,000 +239.3% $1,753 / Sq Ft
08/16/2019 08/16/19 Sold $140,000 +2.9% $517 / Sq Ft View Prior Sale
07/25/2019 07/25/19 For Sale $136,000 +4.6% $502 / Sq Ft
06/19/2019 06/19/19 Sold $130,000 -4.4% $480 / Sq Ft View Prior Sale
05/20/2019 05/20/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $136,000 +87.6% $502 / Sq Ft
12/12/2014 12/12/14 Sold $72,500 -8.2% $268 / Sq Ft View Prior Sale
11/12/2014 11/12/14 Pending -- -- --
09/25/2014 09/25/14 For Sale $79,000 -- $292 / 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 $5,037 $286,000 -- --
2024 $5,037 $321,000 -- --
2023 $3,286 $125,114 $0 $0
2022 $2,270 $113,740 $0 $0
2021 $2,000 $114,000 $0 $114,000
2020 $1,795 $94,000 $0 $94,000
2019 $1,619 $89,000 $0 $89,000
2018 $1,373 $69,000 $0 $69,000
2017 $1,393 $69,000 $0 $0
2016 $1,137 $64,000 $0 $0
2015 $1,182 $64,000 $0 $0
2014 $1,080 $54,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10893622

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-15-28-000-3054

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