NOT LISTED FOR SALE

881 Marina Del Ray Ln Unit 2 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $445,812 - $496,000

3 Beds
2.5 Baths
2,335 Sq Ft
$204/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2021

Last sale price $320,000 $137 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,741 / mo

321 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Clubhouse
  • Fitness Center
  • Colonial Architecture
  • Roman Tub

About This Home

As of May 2021

CALLING ALL INVESTOR - Property has Tenant in place! Wonderful Lake Front water views from this 2 Story Beautiful Contemporary CBS bright & airy home; 3 bedrooms with generous walk-in closets, 2 full baths plus a half bath; Open Loft can be used as a den, office or study as an added feature upstairs. Charming Townhouse comes complete with attached 2 car garage, laundry room, volume ceilings in spacious living room & dining room, open kitchen w/stainless steel appliances, breakfast nook, Hurricane impact windows and lovely open patio area to relax with amazing lake views. Home has been newly painted and move-in ready for your Resort Style living. LOW HOA includes exterior structure insurance, roof repairs, cable, internet, exterior pest control, lawn maintenance, water, trash removal, 24-hour man Gated Security, Community Pool, Gym, Club House Amenities of Lake Front Swimming Pool, BBQ patio area, Aerobics/Dance room with Fitness and Yoga Instructor and Social Clubhouse with a full-size catering kitchen. Approximate 1.7 miles of running track, rover, cul-de-sac, pedestrian exits to Target and close to Best Buy, Brands Mart, Restaurants, Home Depot, Palm Beach Outlets, Whole Foods, Downtown WPB Waterfront, Rosemary Square and I-95.

Last Agent to Sell the Property

Phatavanh Olsen

Douglas Elliman License #3308465 Listed on: 05/18/2020

Douglas Elliman

Co-Listed By

Derek Olsen

Douglas Elliman License #3308016

Last Buyer's Agent

EROL SUUCTUGU

Heartland Realty Group LLC License #3365586

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,070

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • West Facing Home

HOA Fees

  • $565 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Spanish Tile Roof

Interior Spaces

  • 2,335 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Entrance Foyer
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317310060012

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, pest control, sewer, security, trash, water, internet
  • 375 Units
  • Built by WCI Communities, Inc
  • Cityside Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,070

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

HOA Fees

$565 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: 1-95 to Palm Beach Lakes Blvd, East to Congress, Right to Guard Gate on the Right Hand Side.
  • Year Built: 2005
  • Architectural Style: Colonial
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Area, Bathtub, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Other, Wood
  • Living Area: 2335.0
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Lake
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Builder Name: WCI Communities, Inc
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

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

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Gated with Guard, Gated Community
  • 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: 565.0
  • Phone: 561-697-8997
  • Community Features: Home Owners Association, Gated, Property Manager On-Site, Street Lights
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Recreation Facilities, Sidewalks, Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 74434317310060012
  • Mobile Dim Units: Feet
  • Zoning: MF32(c

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5069.94

Multi Family

  • Number Of Units In Community: 375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
May 10, 2021
Sold by
Burigatto Arturo V
Bought by
Suuctugu Hamide
Seller's Agent
Phatavanh Olsen
Douglas Elliman
Buyer's Agent
EROL SUUCTUGU
Heartland Realty Group LLC
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Current Estimated Value
$475,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,453
Avg. Annual Appreciation
8.35%
Original Mortgage
$288,000
Outstanding Balance
$258,208
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$217,245

Purchase Details

Closed on
Jun 22, 2005
Sold by
Communities Finance Co Llc
Bought by
Burigatto Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Suuctugu Hamide $320,000 First American Title Ins Co
Suuctugu Hamide $320,000 First American Title
Burigatto Arturo $385,905 First Fidelity Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suuctugu Hamide $288,000
Closed Suuctugu Hamide $288,000
Previous Owner Burigatto Arturo $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $320,000 +13813.0% $137 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
07/06/2020 07/06/20 Rented $2,300 0.0% --
07/06/2020 07/06/20 For Rent $2,300 0.0% --
05/18/2020 05/18/20 For Sale $325,000 0.0% $139 / Sq Ft
03/17/2018 03/17/18 Rented $2,200 -8.3% --
02/15/2018 02/15/18 Under Contract -- -- --
11/03/2017 11/03/17 For Rent $2,400 +9.1% --
11/01/2016 11/01/16 Rented $2,200 -4.3% --
10/02/2016 10/02/16 Under Contract -- -- --
09/08/2016 09/08/16 For Rent $2,300 +24.3% --
02/04/2013 02/04/13 For Rent $1,850 0.0% --
02/04/2013 02/04/13 Rented $1,850 -- --
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 $7,872 $397,343 -- --
2024 $7,872 $361,221 -- --
2023 $7,463 $328,383 $0 $405,000
2022 $6,493 $298,530 $0 $0
2021 $5,479 $245,000 $0 $245,000
2020 $5,028 $220,000 $0 $220,000
2019 $5,071 $220,000 $0 $220,000
2018 $4,470 $200,000 $0 $200,000
2017 $4,164 $190,000 $0 $0
2016 $3,822 $165,000 $0 $0
2015 $3,702 $153,065 $0 $0
2014 $3,483 $139,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Phatavanh Olsen

    Douglas Elliman

    (917) 463-7299

    1 in this area

    16 Total Sales

    Phatavanh Olsen
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Derek Olsen

    Douglas Elliman

    (917) 434-2160

    1 in this area

    16 Total Sales

    Derek Olsen
    Section Image

  • E

    Buyer's Agent in 2021

    EROL SUUCTUGU

    Heartland Realty Group LLC

    (239) 216-6030

    6 in this area

    27 Total Sales

    EROL SUUCTUGU
    Section Image

  • N

    Buyer's Agent in 2020

    NON MEMBER

    NON MEMBER FIRM

  • S

    Seller's Agent in 2018

    Susana Elena Felipa

    Inactive Member

  • S

    Buyer's Agent in 2018

    Stephanie Wilson

    Coral Cove Realty Inc

    (561) 228-8420

    2 in this area

    8 Total Sales

    Stephanie Wilson
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10623508

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-17-31-006-0012

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

881 Marina Del Ray Ln Unit 2, West Palm Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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