NOT LISTED FOR SALE

Estimated Value: $1,923,000 - $2,278,000

2 Beds
2.5 Baths
1,703 Sq Ft
2016 Built

Last Sold January 29, 2021

Last sale price $1,220,000 $716 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $12,863/month

75 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Fitness Center
  • William T. Dwyer High School Rated A-
  • Property fronts an intracoastal waterway
  • Gated Community

About This Home

As of January 2021

Enjoy exquisite Southeast views of the deep blue Gulf Stream waters from this professionally decorated Penthouse with large rooftop terrace and spa. The owners purchased additional parking space for two cars (included with the unit). An optional third space is available. Ocean 18 is a gated boutique destination with in-unit private elevators or use private stairways (units are limited to 3 floors). A year round heated waterfront pool and fitness center limited to owners use exude a laid back and private ambience to the 17 units. Bring your pets and enjoy Palm Beach Shore's many walkways and paths, as well as a number of intracoastal and beachfront restaurants. Built in 2017 this condo has $125,000 in upgrades including enlarged custom kitchen with oversized island, extra soffit lighting, all electronic shades, and a built-in drink cooler with ice maker. The incredible kitchen offers the large island with quartz square edged waterfall top, Bosch oven/Bosch convection microwave, Gaggenau refrigerator, cook top and range hood. Additional features include beautiful wood tile throughout the condo, all impact windows, private elevator entry and an extra storage unit conveniently located and big enough for bicycles plus more. The condo is partially furnished which can be separately purchased or negotiated. Ocean Eighteen is named for the 18 exclusive, boutique style condominiums perched directly on the Palm Beach Inlet and is surrounded by the ocean as well as the Intracoastal Waterway and the Palm Beach Inlet. All units have views looking over the Palm Beach Inlet and up the coast of Palm Beach. Six different floor plans are offered in the building and there are only two residences per floor, each with its own private elevator. Amenities include a gated entrance, beautiful swimming pool overlooking the water, gym, and garage parking plus a large individual storage unit. Palm Beach Shores residents have the use of the Marriott tennis facilities for 10 dollars per year and you can walk the gorgeous pathways along the inlet and through the town to restaurants and shopping close by.

Last Agent to Sell the Property

John Nugent

Compass Florida LLC License #465526 Listed on: 10/28/2020

Compass Florida LLC

Last Buyer's Agent

John Nugent

Compass Florida LLC License #465526 Listed on: 10/28/2020

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,832

Year Built

  • Built in 2016

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 1,703 Sq Ft Home
  • 3-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Combination Kitchen and Dining Room
  • Security Lights

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Closet Cabinetry
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 54434235150023030

Community Details

Overview

  • Association fees include cable TV, insurance, pest control, sewer, trash, water
  • 18 Units
  • Ocean Eighteen Condo Subdivision

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Security

  • Card or Code Access
  • Phone Entry
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,832

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: EAST OF US HIGHWAY 1 ONTO NORTH OCEAN DR. TURN LEFT ONTO SOUTH OCEAN AVE. RIGHT ONTO INLET WAY THEN FIRST RIGHT
  • Year Built: 2016
  • Architectural Style: Colonial
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Closet Cabinetry, Kitchen Island, Kitchen/Dining Combo, Main Level Primary, Separate Shower
  • Main Level Bedrooms: 2
  • Furnished: Negotiable
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1703.0
  • Stories: 3

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage, Garage Door Opener, Guest

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: Fire Alarm, Gated Community, Key Card Entry, 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: 1010.0
  • Pets Allowed: Yes
  • Community Features: Gated, Street Lights
  • Senior Community: No
  • Amenities: Elevator(s), Fitness Center, Pool, Storage, Sidewalks, Trash
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 54434235150023030
  • Mobile Dim Units: Feet
  • Zoning: DISTRI

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 15832.0

Multi Family

  • Number Of Units In Community: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2024
Sold by
Dictenberg Peter J and Dictenberg Irina
Bought by
Michael A Geer Trust and Geer
Current Estimated Value
$2,049,075

Purchase Details

Listed on
Oct 28, 2020
Closed on
Jan 29, 2021
Sold by
Griffith Steven R
Bought by
Dictenberg Peter J and Dictenberg Irina
Seller's Agent
John Nugent
Compass Florida LLC
Buyer's Agent
John Nugent
Compass Florida LLC
List Price
$1,375,000
Sold Price
$1,220,000
Premium/Discount to List
-$155,000
-11.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%

Purchase Details

Closed on
Apr 18, 2017
Sold by
Metro Park Broadway Llc
Bought by
Griffith Steven R
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
Michael A Geer Trust $2,350,000 None Listed On Document
Dictenberg Peter J $1,220,000 Attorney
Griffith Steven R $939,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $1,220,000 -11.3% $716 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $1,375,000 -- $807 / 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 $26,425 $1,885,498 -- --
2024 $26,425 $1,277,378 -- --
2023 $23,027 $1,161,253 $0 $1,161,253
2022 $23,518 $1,161,670 $0 $0
2021 $20,386 $980,680 $0 $980,680
2020 $15,832 $796,014 $0 $796,014
2019 $16,372 $795,998 $0 $795,998
2018 $15,238 $794,996 $0 $794,996
2017 $3,337 $163,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10666885

BeachesMLS (Greater Fort Lauderdale)

APN: 54-43-42-35-15-002-3030