NOT LISTED FOR SALE

400 Building 400 S Ocean Blvd Unit B Palm Beach, FL 33480

Estimated Value: $5,451,000 - $6,818,000

2 Beds
3 Baths
2,003 Sq Ft
$2,980/Sq Ft Est. Value

Last Sold January 03, 2025

Last sale price $5,877,600 $2,934 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $40,859/month

331 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • High Impact Windows
  • Palm Beach Public School Rated A-
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of January 2025

Stunning and pristine 2BR/2.1BA Penthouse apartment with beautiful ocean views. Gorgeously remodeled with clean lines and generous living spaces. Oversized balcony with stunning water and downtown views. Highlights include limestone flooring, impact windows, and gorgeous marble fireplace and detailing. Gourmet eat-in kitchen with marble chef's island. Fabulous full-service Oceanfront building with full-time management, beautiful central atrium with water feature, exercise room, club room, guest suites, and fabulous rooftop pool overlooking the ocean.

Last Listed By

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 01/16/2024

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $41,134

Year Built

  • Built in 1965

Lot Details

  • Ocean Front
  • North Facing Home

HOA Fees

  • $4,044 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 2,003 Sq Ft Home

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • Outdoor Pool
  • Balcony

Additional Features

  • Non-Toxic Pest Control
  • Central Heating and Cooling System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434326060095020

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, trash, pest control, sewer, water
  • 60 Units
  • 400 Building Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Common Area
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$41,134

Year Built

Built in 1965

Lot Details

0

HOA Fees

$4,044 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: 400 Building
  • Year Built: 1965
  • Location Tax Legal:Name of Building: 400 Building
  • Location Tax Legal:Zoned: R-D(2) - Heavy Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 41134.27
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 2003.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 12130.69
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 60
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Unit:Living Room View: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Pets:Pets Allowed: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Microwave, Washer, Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other Flooring
  • Living Area: 2003.0
  • Stories: 6
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Impact Windows, Elevator
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Parking:Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434326060095020
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 60
  • Maintenance Expense: 12130.69

Tax Info

  • Tax Annual Amount: 41134.27
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2024
Sold by
Ameringer William C and Byrne Kevin G
Bought by
Mcguirk Terence and Mcguirk Nancy
Total Days on Market
331
Current Estimated Value
$5,969,917

Purchase Details

Listed on
Jan 22, 2019
Closed on
Mar 16, 2020
Sold by
Pollard Robert
Bought by
Ameringer William C and Byrne Kevin G
Seller's Agent
Rachel Love Lorentzen
Brown Harris Stevens of PB
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$4,300,000
Sold Price
$2,928,500
Premium/Discount to List
-$1,371,500
-31.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%

Purchase Details

Closed on
Mar 13, 1997
Sold by
Mary T Philpit Tr
Bought by
Pollard Cornelia B

Purchase Details

Closed on
Jul 19, 1994
Sold by
Tyack Philipit Mary
Bought by
Philpit Mary T

Purchase Details

Closed on
Feb 25, 1994
Sold by
Rich James T and Rich Florence M
Bought by
Philpit Mary Tyack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
7.02%

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
Mcguirk Terence $5,877,600 None Listed On Document
Ameringer William C -- Attorney
Ameringer William C $2,928,500 Attorney
Pollard Cornelia B $805,000 --
Philpit Mary T -- --
Philpit Mary Tyack $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ameringer William C $1,000,000
Previous Owner Philpit Mary Tyack $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $5,877,600 -15.4% $2,934 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $6,950,000 -10.3% $3,470 / Sq Ft
03/01/2024 03/01/24 Price Changed $7,750,000 -2.5% $3,869 / Sq Ft
01/16/2024 01/16/24 For Sale $7,950,000 +171.5% $3,969 / Sq Ft
03/18/2020 03/18/20 Sold $2,928,500 -31.9% $1,072 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
01/22/2019 01/22/19 For Sale $4,300,000 -- $1,574 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $41,940 $2,836,778 -- --
2023 $41,074 $2,754,153 $0 $0
2022 $41,134 $2,673,935 $0 $0
2021 $41,814 $2,596,053 $0 $0
2020 $49,810 $3,000,000 $0 $3,000,000
2019 $16,261 $985,619 $0 $0
2018 $15,437 $967,241 $0 $0
2017 $15,444 $947,347 $0 $0
2016 $15,373 $927,862 $0 $0
2015 $15,896 $921,412 $0 $0
2014 $15,970 $914,099 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Palm Beach Board of REALTORS®

MLS Number: 24-94

APN: 50-43-43-26-06-009-5020