1503 Palm Beach Trace Drive 1503, Royal Palm Beach, FL 33411

$188,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,201 Status: Closed
Current Price: $188,000 List Date: 5/03/2026 Last Modified: 6/22/2026

Overview

Description

INVESTORS WELCOME!! No Rental Restrictions. Very well maintained First Floor unit. Freshly painted. Brand new AC installed March 2026. New lighting and faucet fixtures. New Roof installed 2025 Roof assessment Balance to be paid by Seller at closing.

Supplements: All offers must have pre qual or proof of funds. Address must be in subject line. All HOA info must be confirmed.

Listing Details MLS# B26023563

General Property Information

Number Of Units In Community
112
Total Units In Building
8
Unit Floor #
Yes
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1201
Building Area Source
Appraiser
Living Area Main
1201
Living Area Source
Appraiser
Adjusted Area Main
1201
Accessibility Features YN
No
Year Built
1991
Parking Total
Yes
Gated Community YN
No
Senior Community YN
No
Waterfront YN
Yes
Stories Total
2
Stories
Yes
Direction Faces
West
Fireplace YN
No
Pool Private YN
No
Equestrian Features YN
No
Furnished
Unfurnished
Washer/Dryer Allowed YN
Yes
LP/Assessed Value
1.26

Property Features

Application Information: 1-2 Weeks Approval Association Fee Includes: Insurance; Maintenance Grounds; Trash; Water Flooring: Ceramic Tile Parking Features: Asphalt; Guest Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Oven; Refrigerator; Vented Exhaust Fan; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS; Concrete Block - With Stucco Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Split; Pantry; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Inside; Washer Hookup Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Pets Allowed YN: Yes Pets Allowed: Number Limit; Size Limit Possession: Close Of Escrow Restrictions: Buyer Approval Required; Parking - No Boat; Parking - No RV; Parking - No Trailer Roof: Shingle Sewer: Public Sewer Special Information: Sold As-Is Storm Protection Details: Storm Shutters Structure Type: Multi Family Tax Information: County Only Utilities: Electricity Available; Sewer Available; Water Available Water Source: Public Showing Requirements: Combination Lock Box; Schedule Online Contingencies: Inspection Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
225000
Negotiable Seller Concessions YN
Yes
Occupant Type
Vacant
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
1503
Street Name
Palm Beach Trace
Street Suffix
Drive
Unit Number
1503
Municipality Type
Incorporated
Municipal Code
72
State Or Province
FL
Postal Code
33411
Postal Code +4
1270
Subdivision Name
PALM BEACH TRACE CONDO
Area
5530
Geographic Area
PB24
Elementary School
H. L. Johnson
Middle Or Junior School
Crestwood
High School
Royal Palm Beach
Special Assessment YN
No
Parcel Number
72414323110151503
Subdivision Number
11
Zoning
RM-18 (city)
Flood Zone
AE,X
Directions
From Okeechobee Blvd Right on Royal Palm Beach Blvd. /right on Country Club and 2nd Right into Palm Beach Trace

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
1060.58
Association Fee Frequency
Quarterly
Association Membership
Mandatory
Application Required YN
Yes
Association Email
athedwall@grsmgt.com
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
354
Membership Fee Required YN
No
Tax Annual Amount
3397.89
Tax Year
2025
Tax Assessed/SOH Value
171300
Tax Legal Description
PALM BEACH TRACE COND UNIT 1503 BLDG 15
Assessor Market Value
198000

Status Change Information

Major Change Timestamp
2026-06-22T17:31:50Z
Major Change Type
Status Change
Price Change Timestamp
2026-05-07T16:36:36Z
Status Change Date
2026-06-22
Under Contract Date
2026-05-16
Close Date
2026-06-22
Close Price
188000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Parking Information

Parking Space Number
1503

Co-Ownership

Property Management YN
Yes
Property Management Name
GRS MANAGEMENT
Property Management Phone
561-641-8554
Property Management Email
athedwall@grsmgt.com

Ceiling Fan Details

Number Of Ceiling Fans
2

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Maximum Number Of Pets
Yes
Pet Fee YN
No
Total Weight Limit (Pets)
25

Price Calculations

Current Price To SqFt
179.01

Originating Details

Originating System Key
20260503165103630167000000
Originating System ID
M00000170

Room Information

Room Name Length Width
Kitchen 12.00 10.00
Living Room 20.00 12.00
Master Bedroom 12.00 12.00
IDX
Listing Office: Waterfront Realty Of The Palm Beaches
Source MLS Verified
Last Updated: June - 22 - 2026
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