$534,200
SOLD NOV 27, 2024

1815 S Olive Ave Unit 20 West Palm Beach, FL 33401

El Cid Neighborhood
2 Beds
3 Baths
1,175 Sq Ft
$750/mo HOA Fee

Recently Sold

$455 Per Sq Ft

6% Below List Price

98 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • 3-minute walk to Flamingo Park
  • Palm Beach Public School Rated A-
  • Garage

About This Home

As of November 2024

Rare opportunity to buy into the coveted El Cid neighborhood at half the price of most homes, this freshly renovated 2 Bedroom 2 1/2 Bath condo is laid out like a private townhome and is one of only 5 units in a boutique 3 story building. Light filled living room and kitchen /dining areas with three sets of sliders, two sets leading to a large private terrace. In unit laundry room and 1/2 bath are on the main level. Master with walk-in closet and en suite bath and second bedroom with sweeping views of downtown and east towards Palm Beach are on the top floor. Two assigned parking spaces, one directly below unit and one covered space. Mature landscaping with Florida native ornamentals. Incredible location less then 1/2 a mile to downtown and on the free trolley route, a few blocks to The Norton Museum and Palm Beach Atlantic University, a block to intracoastal and Flagler boardwalk, 3 minutes to the beach and Palm Beach island, one block to restaurants, shops, spas and gyms and gourmet grocery stores along famous Antique Row and just 5 mins from Palm Beach International Airport and 95. Districted for desired Palm Beach Elementary and around the corner from prestigious Palm Beach Day Academy. This turn key condo is the perfect pied a terre for winter escape, guest quarters, or someone wanting to live close to downtown in a lovely historic and very walkable neighborhood. Unlike other condos in the area, there are no restrictions on pets in this building.

Last Agent to Sell the Property

Lisa Mastronardi

Sotheby's International Realty, Inc. License #SL-3281601

Sotheby's International Realty, Inc.

Last Buyer's Agent

Lisa Mastronardi

Sotheby's International Realty, Inc. License #SL-3281601

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $5,914

Year Built

  • Built in 1985

HOA Fees

  • $750 Monthly HOA Fees

Interior Spaces

  • 1,175 Sq Ft Home
  • 4-Story Property

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Parking

  • Garage
  • No Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 74434327590000020

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$5,914

Year Built

Built in 1985

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: N/A
  • Garage Yn: Yes
  • Year Built: 1985
  • Location Tax Legal:Name of Building: N/A
  • Location Tax Legal:Zoned: 0400
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 5914.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 750.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 5
  • General Property Description:_pound_ Floors: 4.0
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Floors:WW Carpeting: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, W/W Carpeting
  • Stories: 4

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No

Garage/Parking

  • Parking:No Garage2: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Parcel #: 74434327590000020
  • Zoning: 0400

Multi Family

  • Number Of Units Total: 5
  • Maintenance Expense: 750.0

Tax Info

  • Tax Annual Amount: 5914.0
  • Tax Year: 2023

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $534,200 -6.1% $455 / Sq Ft
08/19/2024 08/19/24 For Sale $569,000 +123.1% $484 / Sq Ft
06/14/2018 06/14/18 Sold $255,000 -7.3% $217 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $275,000 -- $234 / Sq Ft
Source: Palm Beach Board of REALTORS®

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
2024 $6,337 $288,428 -- --
2023 $5,914 $262,207 $0 $0
2022 $5,485 $238,370 $0 $0
2021 $5,034 $235,000 $0 $235,000
2020 $4,523 $197,000 $0 $197,000
2019 $4,567 $197,000 $0 $197,000
2018 $2,953 $137,000 $0 $137,000
2017 $2,795 $137,000 $0 $0
2016 $2,469 $104,500 $0 $0
2015 $2,311 $95,000 $0 $0
2014 $2,336 $95,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Purchase Money Mortgage
Previous Owner $62,550 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $534,200 Home Partners Title Services
Warranty Deed $255,000 Standard Title Insurance Age
Warranty Deed $110,000 Standard Title Insurance Age
Warranty Deed $110,000 --
Warranty Deed $69,500 --
Source: Public Records

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Source: Palm Beach Board of REALTORS®

MLS Number: 24-1182

APN: 74-43-43-27-59-000-0020