NOT LISTED FOR SALE

Estimated Value: $366,000 - $445,631

2 Beds
2 Baths
1,417 Sq Ft
$1,880/mo HOA Fee

Last Sold May 31, 2024

Last sale price $345,000 $243 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,727/month

36 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Community Pool
  • Ocean Front
  • Furnished
  • Community Wi-Fi

About This Home

As of May 2024

Beautifully Turnkey Ready Remodeled Beachfront Residence with a Clean Presale Inspection. Come Find Your Perfect & Peaceful South Palm Beach Home Here Today With Breath Taking Views From Your Oversized Balcony. Brand new appliances, AC, water heater, continuous vinyl flooring, floor to ceiling hurricane impact windows, a full multifunctional utility room equipped with full sized washer and dryer, tastefully decorated with restoration hardware furniture. Storage unit conveniently located at the end of your hallway on the 2nd floor. Appliances are state-of-the-art new black stainless steel themed. Comprehensive HOA covers all but electricity. Concrete restoration and roof recently complete with a fully paid assessment. Gym, beach, pool, and full service-attendance lobby to

Last Listed By

Paul Jackson

LoKation License #3405867 Listed on: 04/24/2024

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,337

Year Built

  • Built in 1974

Lot Details

  • Ocean Front

HOA Fees

  • $1,880 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 1,417 Sq Ft Home
  • Furnished
  • Built-In Features
  • Sliding Windows
  • Family Room
  • Open Floorplan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 62434435100012070

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, pest control, pool(s), recreation facilities, sewer, security, trash, water, internet
  • High-Rise Condominium
  • Mayfair House Condo Subdivision
  • 9-Story Property

Amenities

  • Doorman
  • Community Wi-Fi
  • Elevator

Recreation

  • Fitness Center

Security

  • Card or Code Access
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,337

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,880 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Reach S Ocean Ave from Southern, going south, or from Lantana going North. Look for sign on the east side 3590, turn towards the east beach side of the building, park in guest, enter in lobby.
  • Year Built: 1974
  • Architectural Style: High Rise
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Elevator, Kitchen/Dining Combo, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer, Humidifier
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 1417.0
  • Dining Room Type: Family Room, Laundry, Storage Room
  • Stories: 9
  • Window Features: Drapes, Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Disclosures: Deed Restriction, Seller Disclosure
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Deeded

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Door Man, Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air, Exhaust Fan
  • 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: 1880.0
  • Community Features: Internet Access, Non-Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Pest Control, Pool(s), Recreation Facilities, Sewer, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 62434435100012070
  • Lot Size: East of US-1,Sidewalks
  • Zoning Description: R-2A--MU

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7337.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
May 28, 2024
Sold by
Hentschel Kristen
Bought by
Srinivas Cheela Living Trust and Cheela
Seller's Agent
Paul Jackson
LoKation
Buyer's Agent
Paul Jackson
LoKation
List Price
$419,000
Sold Price
$345,000
Premium/Discount to List
-$74,000
-17.66%
Total Days on Market
36
Views
305
Current Estimated Value
$403,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,408
Avg. Annual Appreciation
13.89%

Purchase Details

Listed on
Oct 22, 2022
Closed on
Jan 6, 2023
Sold by
Ge Shuping & Xiaohe
Bought by
Hentschel Kristen
Seller's Agent
Donald Gorbach
Gorbach Realty
Buyer's Agent
ANTHONY GUADALUPE
Non Member Listing Office
List Price
$525,000
Sold Price
$429,000
Premium/Discount to List
-$96,000
-18.29%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.51%
Original Mortgage
$190,000
Interest Rate
6.58%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 18, 2013
Closed on
Dec 9, 2013
Sold by
Fannie Mae
Bought by
Chu Xiaohe and Ge Shuping
Seller's Agent
Cara Mantovani
Mantovani Real Estate, Inc.
List Price
$198,500
Sold Price
$162,000
Premium/Discount to List
-$36,500
-18.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%

Purchase Details

Closed on
Feb 4, 2013
Sold by
Priede Ernesto M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 22, 2008
Sold by
Friedman Malcolm
Bought by
Priede Ernesto M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2003
Sold by
Lucido Marcia W
Bought by
Friedman Malcolm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1997
Sold by
Friedman Martin and Friedman Dianna
Bought by
Lucido Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
7.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 1996
Sold by
Friedman Martin and Friedman Dianna
Bought by
Lucido Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,900
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Srinivas Cheela Living Trust $345,000 Closing Team
Hentschel Kristen $429,000 --
Chu Xiaohe $162,000 Title & Abstract Agency Of A
Federal National Mortgage Association -- None Available
Priede Ernesto M $280,000 Attorney
Friedman Malcolm $240,000 Sunbelt Title Agency
Lucido Joseph A $100 --
Lucido Joseph A $88,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hentschel Kristen $190,000
Previous Owner Priede Ernesto M $180,000
Previous Owner Friedman Malcolm $160,000
Previous Owner Lucido Joseph A $123,500
Previous Owner Lucido Joseph A $177,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $345,000 -17.7% $243 / Sq Ft
04/24/2024 04/24/24 For Sale $419,000 -2.3% $296 / Sq Ft
01/10/2023 01/10/23 Sold $429,000 -13.3% $303 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
12/08/2022 12/08/22 Price Changed $495,000 -5.7% $349 / Sq Ft
10/22/2022 10/22/22 For Sale $525,000 0.0% $371 / Sq Ft
06/06/2019 06/06/19 Rented $2,200 -8.3% --
05/07/2019 05/07/19 Under Contract -- -- --
04/08/2019 04/08/19 For Rent $2,400 -89.5% --
11/15/2015 11/15/15 Rented $22,800 +985.7% --
10/16/2015 10/16/15 Under Contract -- -- --
12/30/2014 12/30/14 For Rent $2,100 0.0% --
12/12/2013 12/12/13 Sold $162,000 -3.9% $110 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
10/10/2013 10/10/13 Price Changed $168,500 -3.7% $114 / Sq Ft
09/06/2013 09/06/13 Price Changed $175,000 -4.9% $118 / Sq Ft
08/11/2013 08/11/13 Price Changed $184,000 -7.3% $125 / Sq Ft
07/17/2013 07/17/13 For Sale $198,500 -- $134 / 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 $7,152 $400,000 -- --
2023 $7,337 $365,000 $0 $365,000
2022 $5,676 $269,500 $0 $0
2021 $5,209 $245,000 $0 $245,000
2020 $5,259 $245,000 $0 $245,000
2019 $5,377 $245,000 $0 $245,000
2018 $4,824 $225,000 $0 $225,000
2017 $4,829 $225,000 $0 $0
2016 $4,524 $198,000 $0 $0
2015 $4,221 $180,000 $0 $0
2014 $4,053 $171,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10981033

BeachesMLS

APN: 62-43-44-35-10-001-2070