NOT LISTED FOR SALE

The Palms II Fort Lauderdale, FL 33305

Lauderdale Beach Neighborhood

Estimated Value: $523,000 - $656,000

1 Bed
1 Bath
741 Sq Ft
$1,042/mo HOA Fee

Last Sold January 31, 2024

Last sale price $593,000 $800 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,775/month

58 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Sauna
  • Bayview Elementary School Rated A
  • Fitness Center
  • 3-minute walk to Willingham Park

About This Home

As of January 2024

Ocean views from bedroom. This updated sophisticated unit is one of only two 1BRs in the entire building. Elevator opens directly into unit and also takes you to the lower level, steps away from the beach. Brand new HVAC 2021; Other upgrades include custom lighting, smart technology, built-in bar, gorgeous mediterranean rustic travertine tile floors and custom wallpaper accents. The Palms is a full service complex offering 24 hour security, valet car service, valet beach service, large leisure pool, separate lap pool, billiard room, tennis, outdoor bbq area and a fully equipped modernized gym with steamroll and sauna. Dog friendly building. Walk to some of the finest restaurants in FLL to include Dune and Ocean2000. Minutes to Las Olas, Downtown and the airport. This unit will not last.

Last Agent to Sell the Property

Lisa Mandel Russo

EXP Realty LLC License #3347126 Listed on: 11/16/2023

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,032

Year Built

  • Built in 2001

Lot Details

  • 0.31

HOA Fees

  • $1,042 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 741 Sq Ft Home
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494330CF0050

Community Details

Overview

  • High-Rise Condominium
  • The Palms Condos
  • Palms Tower Two Condo Subdivision
  • Car Wash Area
  • 32-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Community Kitchen
  • Billiard Room
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,032

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,042 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PALMS TOWER TWO CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Elevator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 741
  • Possible Use: Secondary
  • Stories: 32
  • Bedroom Features: Entry Level, Primary Bath Tub

Exterior Features

  • View: Ocean View, Other View
  • Exterior Features: None
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Palms
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Doorman, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1042
  • Amenities: Billiard Room, Barbecue, Exercise Room, Storage, Heated Pool, Kitchen Facilities, Pool, Private Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 494330CF0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jan 31, 2024
Sold by
Ballas Michael
Bought by
Simeone Vincent and Pagonis Mary
Seller's Agent
Lisa Mandel Russo
EXP Realty LLC
List Price
$595,000
Sold Price
$593,000
Premium/Discount to List
-$2,000
-0.34%
Views
120
Current Estimated Value
$565,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,762
Avg. Annual Appreciation
-1.48%

Purchase Details

Listed on
Sep 24, 2021
Closed on
Dec 8, 2021
Sold by
Seminara Paul and Seminara Colleen
Bought by
Ballas Michael
Seller's Agent
Temple White
PenderWhite Properties, Inc.
Buyer's Agent
Charles Reynolds
Atlantic Properties Int'l Inc
List Price
$444,900
Sold Price
$420,000
Premium/Discount to List
-$24,900
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.40%
Original Mortgage
$399,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2018
Closed on
May 31, 2018
Sold by
Higgins Nicola A
Bought by
Seminara Paul and Seminara Colleen
Seller's Agent
Nicola Higgins
Douglas Elliman
Buyer's Agent
Nicola Higgins
Seaside Properties Group Inc
List Price
$435,000
Sold Price
$375,000
Premium/Discount to List
-$60,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%

Purchase Details

Closed on
May 27, 2015
Sold by
Mclennan John A
Bought by
Higgins Nicola A

Purchase Details

Closed on
Oct 12, 2001
Sold by
The Palms 2100 Ocean Boulevard Ltd
Bought by
Higgins Nicola A and Mclennan John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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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
Simeone Vincent $593,000 Peak Title
Ballas Michael $420,000 Gibraltar Title Inc
Seminara Paul $375,000 Attorney
Higgins Nicola A -- None Available
Higgins Nicola A $214,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballas Michael $399,000
Previous Owner Higgins Nicola A $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $593,000 -0.3% $800 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
11/16/2023 11/16/23 For Sale $595,000 +41.7% $803 / Sq Ft
12/08/2021 12/08/21 Sold $420,000 -5.6% $496 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $444,900 +18.6% $525 / Sq Ft
05/31/2018 05/31/18 Sold $375,000 -13.8% $443 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $435,000 -- $514 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $8,826 $457,400 $45,740 $411,660
2024 $8,273 $457,400 $45,740 $411,660
2023 $8,273 $414,150 $0 $0
2022 $7,326 $376,500 $37,650 $338,850
2021 $5,551 $280,890 $28,090 $252,800
2020 $6,819 $351,110 $35,110 $316,000
2019 $6,583 $337,500 $33,750 $303,750
2018 $6,258 $330,590 $33,060 $297,530
2017 $6,696 $348,580 $0 $0
2016 $6,447 $324,930 $0 $0
2015 $6,404 $308,330 $0 $0
2014 -- $280,300 $0 $0
2013 -- $254,820 $25,480 $229,340
Source: Public Records

Agents Affiliated with this Home

  • Lisa Mandel Russo

    Seller's Agent in 2024

    Lisa Mandel Russo

    EXP Realty LLC

    (888) 883-8509

    2 in this area

    22 Total Sales

    Lisa Mandel Russo
    Section Image
  • Temple White

    Seller's Agent in 2021

    Temple White

    PenderWhite Properties, Inc.

    (772) 233-9419

    1 in this area

    109 Total Sales

    Temple White
    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Rachel Walters

    PenderWhite Properties, Inc.

    (716) 913-1132

    1 in this area

    1 Total Sale

    Rachel Walters
    Section Image

  • C

    Buyer's Agent in 2021

    Charles Reynolds

    Atlantic Properties Int'l Inc

  • C

    Buyer's Agent in 2021

    Charles Reynolds

    Coldwell Banker Realty

    (954) 854-3048

    2 in this area

    49 Total Sales

    Charles Reynolds
    Section Image
  • Nicola Higgins

    Seller's Agent in 2018

    Nicola Higgins

    Douglas Elliman

    (954) 817-2500

    27 in this area

    62 Total Sales

    Nicola Higgins
    Section Image
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About The Palms II

Source: MIAMI REALTORS® MLS

MLS Number: A11487435

MIAMI REALTORS® MLS

APN: 49-43-30-CF-0050

Florida Broward County Fort Lauderdale 33305

Lauderdale Beach

This home since 16 November 2023 and is currently estimated at $565,238, approximately $762 per square foot. This property was built in 2001. This home is a home located in Broward County with nearby schools including Bayview Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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