NOT LISTED FOR SALE

La Palma 2860 S Ocean Blvd Unit 1030 Palm Beach, FL 33480

Estimated Value: $542,000 - $618,966

1 Bed
1.5 Baths
1,012 Sq Ft
$1,000/mo HOA Fee

Last Sold October 04, 2024

Last sale price $583,135 $576 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,661/month

23 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Gated Community
  • Palm Beach Public School Rated A-
  • Fitness Center
  • 3-minute walk to Lake Worth Beach Park

About This Home

As of October 2024

Introducing an exquisitely renovated 1 bed/1.5 bath condo overlooking the stunning Intracoastal waterway. Situated in a prestigious full amenity building opposite the luxurious Four Seasons Palm Beach, this residence offers an exceptional living experience. With a doorman providing a secure environment, residents can enjoy the convenience of a saltwater pool, deeded beach access, and a fitness center just steps away. Located midway between the renowned Worth Ave and Atlantic Ave, this prime location makes it effortless to explore nearby golf courses, indulge in fine dining experiences, shop at upscale boutiques, and take leisurely strolls along beautiful beaches. Every room boasts incredible views, allowing you to bask in the natural beauty that surrounds you.

Last Listed By

Diana Rudman

Illustrated Properties LLC (Jupiter) License #3431425 Listed on: 09/11/2024

Illustrated Properties LLC (Jupiter)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,260

Year Built

  • Built in 1971

Lot Details

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • Detached Garage

Interior Spaces

  • 1,012 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Blinds
  • Open Floorplan
  • Tile Flooring
  • Closed Circuit Camera
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423030001030
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, hot water, laundry, ground maintenance, maintenance structure, pest control, pool(s), trash, water
  • 91 Units
  • High-Rise Condominium
  • La Palma Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Game Room
  • Laundry Facilities
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,260

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South on South Ocean across the street from the 4 Seasons Hotel and The Tideline Hotel.
  • Year Built: 1971
  • Architectural Style: High Rise
  • Entry Level: 1
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Living/Dining Room, Pantry, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Disposal, Refrigerator, Washer/Dryer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 1012.0
  • Stories: 6
  • Window Features: Blinds, Impact Glass

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Covered, Detached, Garage

Utilities

  • Laundry Features: Common Area
  • Security: Closed Circuit Camera(s), Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1000.0
  • Community Features: Game Room, Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Laundry, Management, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Hot Water, Laundry, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Trash, Water

Lot Info

  • Parcel #: 50434423030001030
  • Lot Size: East of US-1,Sidewalks
  • Zoning Description: Rd-2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4260.0

Multi Family

  • Number Of Units In Community: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 4, 2024
Sold by
Bakita Alexander T
Bought by
Eames Polly Kimball
Seller's Agent
Diana Rudman
Illustrated Properties LLC (Jupiter)
Buyer's Agent
Joan Wenzel
Douglas Elliman
List Price
$645,000
Sold Price
$583,135
Premium/Discount to List
-$61,865
-9.59%
Total Days on Market
23
Views
11
Current Estimated Value
$596,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,357
Avg. Annual Appreciation
1.17%

Purchase Details

Listed on
Mar 25, 2022
Closed on
Aug 8, 2022
Sold by
Gaudinier Candice A and Gaudinier Victoria L
Bought by
Bakita Alexander Thomas
Seller's Agent
Elizabeth Hoadley
Purely Palm Beach Real Estate
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$310,000
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.91%
Original Mortgage
$217,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2019
Closed on
Jul 8, 2019
Sold by
Barrios Pablo and Barrios Joaquina
Bought by
Gaudinier Candice A and Courtney Victoria L
Seller's Agent
Maria Dominguez
Keller Williams Realty - Welli
Buyer's Agent
Linda D.
Illustrated Properties
List Price
$234,900
Sold Price
$177,500
Premium/Discount to List
-$57,400
-24.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.43%
Original Mortgage
$133,125
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2016
Closed on
Dec 9, 2016
Sold by
Federal National Mortgage Association
Bought by
Barrios Pablo and Barrios Joaquina
Seller's Agent
Amanda Glass
Sandals Realty Group, Inc.
Buyer's Agent
Maria Orozco
Engel & Volkers Wellington
List Price
$153,000
Sold Price
$145,000
Premium/Discount to List
-$8,000
-5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Jun 14, 2016
Sold by
Nationstar Moertgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 1, 2016
Bought by
Barrios Pablo

Purchase Details

Closed on
Apr 16, 1997
Sold by
Mondor Bernard G and Mondor Madeleine
Bought by
Anderer Edward J and Anderer Elizabeth O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,165
Interest Rate
7.86%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 12, 1995
Sold by
Sarnoff C Spencer
Bought by
Mondor Bernard G and Mondor Madeleine

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
Eames Polly Kimball $583,132 First International Title
Bakita Alexander Thomas $310,000 Nu World Title & Settlement
Gaudinier Candice A $177,500 Nu World Ttl & Setmnt Svcs L
Barrios Pablo $145,000 First International Title
Federal National Mortgage Association -- None Available
Barrios Pablo $125,300 --
Anderer Edward J $64,900 --
Mondor Bernard G $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bakita Alexander Thomas $217,000
Previous Owner Gaudinier Candice A $133,125
Previous Owner Anderer Edward J $312,750
Previous Owner Anderer Edwrd J $50,908
Previous Owner Anderer Edward J $70,000
Previous Owner Anderer Edward J $20,000
Previous Owner Mondor Bernard G $55,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $583,135 -9.6% $576 / Sq Ft
09/11/2024 09/11/24 For Sale $645,000 +108.1% $637 / Sq Ft
08/26/2022 08/26/22 Sold $310,000 0.0% $306 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $310,000 +74.6% $306 / Sq Ft
07/08/2019 07/08/19 Sold $177,500 -24.4% $175 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $234,900 +62.0% $232 / Sq Ft
12/09/2016 12/09/16 Sold $145,000 -5.2% $143 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $153,000 -- $151 / Sq Ft
Source: BeachesMLS

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
2024 $4,054 $286,000 -- --
2023 $4,260 $260,000 $0 $260,000
2022 $2,251 $161,885 $0 $0
2021 $2,288 $157,170 $0 $0
2020 $2,280 $155,000 $0 $155,000
2019 $2,818 $145,000 $0 $145,000
2018 $2,741 $145,000 $0 $145,000
2017 $2,787 $145,000 $0 $0
2016 $2,247 $125,000 $0 $0
2015 $2,247 $120,000 $0 $0
2014 $742 $74,763 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS

MLS Number: R11020193

BeachesMLS

APN: 50-43-44-23-03-000-1030