NOT LISTED FOR SALE

West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $5,074,802 - $9,474,000

3 Beds
3.5 Baths
4,035 Sq Ft
2003 Built

Last Sold March 24, 2015

Last sale price $3,384,000 $839 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $46,431/month

9 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Built in 2003 | Newly Remodeled
  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • 4-minute walk to Flagler Park

About This Home

As of March 2015

This home since 27 January 2015 and is currently estimated at $7,115,451, approximately $1,763 per square foot. This property was built in 2003. This home is a home located in Palm Beach County with nearby schools including U. B. Kinsey/Palmview Elementary School, Conniston Middle School, and Palm Beach Lakes High School.

Last Agent to Sell the Property

Barbara Martineau Rosenthal

BARBARA MARTINEAU ROSENTHAL, INC License #490132 Listed on: 01/27/2015

Last Buyer's Agent

Non-Member

Non-Member Selling Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $44,920

Year Built

  • Built in 2003 | Newly Remodeled

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

Parking

  • 2 Car Garage
  • Circular Driveway
  • Guest Parking

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 4,035 Sq Ft Home
  • Custom Mirrors
  • Fireplace
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Utilities

  • Zoned Heating and Cooling
  • Reverse Cycle Heating System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 74434322340099030

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, insurance, ground maintenance, sewer, security, trash, water
  • 48 Units
  • One Watermark Place Of The Palm Beaches Condominiu Subdivision
  • 15-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$44,920

Year Built

Built in 2003 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East on Okeechobee Blvd to Flagler Drive, North on Flagler, just past next bridge, the Flagler Memorial Bridge, building immediately past Bridge on Right
  • Year Built: 2003
  • Architectural Style: Other
  • New Construction: Yes
  • DelayedMarketingYN: No
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Breakfast Area, Closet Cabinetry, Dual Sinks, Garden Tub/Roman Tub, Living/Dining Room, Custom Mirrors, Multiple En Suite Bathrooms, Sitting Area in Primary, Split Bedrooms, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Other
  • Living Area: 4035.0
  • Stories: 15
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: City, Intercoastal, Ocean
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Other, Concrete
  • Direction Faces: East
  • Patio And Porch Features: Covered
  • Property Condition: New Construction
  • Roof: Other

Garage/Parking

  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Covered, Garage, Guest

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Closet, Laundry Tub
  • Security: Security System, Fire Sprinkler System, Gated with Guard, Lobby Secured, Smoke Detector(s), Security Guard
  • Cooling: Electric, Reverse Cycle, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3569.33
  • Pets Allowed: Yes
  • Community Features: Property Manager On-Site
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Elevator(s), Fitness Center, Pool, Parking, Recreation Facilities, Sauna, Spa/Hot Tub, Storage, Trash
  • Association: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434322340099030
  • Mobile Dim Units: Feet
  • Zoning: RESCONDO

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 44920.1

Multi Family

  • Number Of Units In Community: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2015
Closed on
Mar 24, 2015
Sold by
Sakolsky Carolyn A and Carolyn A Sakolsky Living Trus
Bought by
Epstein Robert S
Seller's Agent
Barbara Martineau Rosenthal
BARBARA MARTINEAU ROSENTHAL, INC
Buyer's Agent
Non-Member
Non-Member Selling Office
List Price
$4,400,000
Sold Price
$3,384,000
Premium/Discount to List
-$1,016,000
-23.09%
Current Estimated Value
$7,115,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,731,451
Avg. Annual Appreciation
7.06%

Purchase Details

Listed on
Aug 20, 2010
Closed on
Apr 25, 2012
Sold by
Fong Henry and Knight Mary Virginia
Bought by
Sakolsky Carolyn A and Carolyn A Sakolsky Living Trust
Seller's Agent
Elaine Edwards
Brown Harris Stevens of PB
Buyer's Agent
Laurie Barfield
The Keyes Company - Stuart
List Price
$3,350,000
Sold Price
$2,247,000
Premium/Discount to List
-$1,103,000
-32.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%

Purchase Details

Closed on
Jan 25, 2012
Sold by
Fong Henry B and Knight Mary Virginia
Bought by
Fong Henry

Purchase Details

Closed on
Jun 6, 2003
Sold by
Wci Communities Inc
Bought by
Fong Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
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
Epstein Robert S $3,384,000 None Available
Sakolsky Carolyn A $2,247,000 Attorney
Fong Henry -- Attorney
Fong Henry $2,100,000 First Fidelity Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fong Henry $1,470,000
Closed Fong Henry $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2015 03/24/15 Sold $3,384,000 -23.1% $839 / Sq Ft
02/22/2015 02/22/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $4,400,000 +95.8% $1,090 / Sq Ft
04/25/2012 04/25/12 Sold $2,247,000 -32.9% $557 / Sq Ft View Prior Sale
03/26/2012 03/26/12 Pending -- -- --
08/20/2010 08/20/10 For Sale $3,350,000 -- $831 / 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 $104,034 $4,992,581 -- --
2024 $104,034 $4,538,710 -- --
2023 $102,798 $4,126,100 $0 $0
2022 $89,713 $3,751,000 $0 $0
2021 $74,628 $3,450,000 $0 $3,450,000
2020 $68,303 $3,100,000 $0 $3,100,000
2019 $67,984 $3,250,000 $0 $3,250,000
2018 $60,135 $2,950,000 $0 $2,950,000
2017 $53,895 $2,450,000 $0 $0
2016 $64,031 $2,850,000 $0 $0
2015 $44,849 $1,983,063 $0 $0
2014 $44,920 $1,967,324 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2015

    Non-Member

    Non-Member Selling Office

  • E

    Seller's Agent in 2012

    Elaine Edwards

    Brown Harris Stevens of PB

    (561) 659-6400

    15 Total Sales

    Elaine Edwards
    Section Image

  • L

    Buyer's Agent in 2012

    Laurie Barfield

    The Keyes Company - Stuart

    Section Image
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10106224

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-22-34-009-9030

Florida Palm Beach County West Palm Beach 33401

Downtown West Palm Beach

Not Listed for Sale

Condos

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