NOT LISTED FOR SALE

The Reef 2275 S Ocean Blvd Unit 101 & 108-N Palm Beach, FL 33480

Estimated Value: $4,780,000 - $6,854,087

3 Beds
4 Baths
3,736 Sq Ft
$1,525/Sq Ft Est. Value

Last Sold April 05, 2013

Last sale price $1,395,000 $373 Per Sq Ft

Est. 308% increase in value since last sale

Current estimated payment $36,371/month

13 Days on Market

Highlights

  • Doorman
  • Direct Ocean View
  • Home fronts a seawall
  • Palm Beach Public School Rated A-
  • Property has ocean access
  • Cabana

About This Home

As of April 2013

Unique custom designed double apt w/ over 4000 sf (3 Bedrooms,4.5 baths)!. Lives like an oceanfront house w/ spacious rooms and incredible views. Distinct architectural features, great master suite w/2 luxury baths all in beautiful, move in condition.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 02/05/2013

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

Paulette Koch

The Corcoran Group License #3068398 Listed on: 02/05/2013

The Corcoran Group

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $16,967

Year Built

  • Built in 1974

Lot Details

  • Southeast Facing Home

HOA Fees

  • $2,673 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 3,736 Sq Ft Home
  • 3-Story Property
  • Dining Area
  • Library
  • Utility Room
  • Hurricane or Storm Shutters

Kitchen

  • Single Oven
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Cabana
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Bulkhead
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434414010011010

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, trash, sewer, water
  • 80 Units
  • Reef, The Community
  • On-Site Maintenance

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Pet Policy

  • Small pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$16,967

Year Built

Built in 1974

Lot Details

0

HOA Fees

$2,673 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Reef, The
  • Year Built: 1974
  • Location Tax Legal:Name of Building: Reef, The
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 16967.0
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 3736.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 8019.67
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 80
  • General Property Description:_pound_ Floors: 3.0
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Floors:Vinyl Tile: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Single, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Vinyl Tile, W/W Carpeting
  • Interior Amenities: Cable
  • Living Area: 3736.0
  • Stories: 3
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai, Cabana, Seawall/Bulkhead, Ocean Access- Deeded, Storm Shutters- Auto, Elevator, Lobby
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:SeawallBulkhead2: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking:Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Other Security, Door Person
  • 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, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434414010011010
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 80
  • Maintenance Expense: 8019.67

Tax Info

  • Tax Annual Amount: 16967.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
Shalam John J and Shalam Jane
Bought by
Jane Shalam Revocable Trust and Shalam
Total Days on Market
13
Current Estimated Value
$5,697,029

Purchase Details

Listed on
Feb 5, 2013
Closed on
Apr 9, 2013
Sold by
Glick Apartment Holdings Llc
Bought by
Shalam John J
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%

Purchase Details

Closed on
Feb 17, 2012
Sold by
Glick Eugene B and Glick Marilyn K
Bought by
Glick Apartment Holdings Llc

Purchase Details

Closed on
Aug 23, 2011
Sold by
Glick Marilyn K B and Glick Eugene B
Bought by
Glick Apartment Holdings Llc

Purchase Details

Closed on
May 10, 1995
Sold by
Hermanson Lydia and Hermanson Merrill
Bought by
Glick Eugene B

Purchase Details

Closed on
May 1, 1995
Sold by
Eder Linda
Bought by
Hermanson Lydia
Source: Public Records

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Range of Values:

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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
Jane Shalam Revocable Trust -- None Listed On Document
Shalam John J $1,395,000 Attorney
Glick Apartment Holdings Llc -- Attorney
Glick Apartment Holdings Llc -- Attorney
Glick Eugene B $400,000 --
Hermanson Lydia $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kosow Lee S $75,000
Previous Owner Vetromile Maria G $528,750
Previous Owner Blair John R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2013 04/05/13 Sold $1,395,000 0.0% $373 / Sq Ft
02/18/2013 02/18/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $1,395,000 -- $373 / 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 $20,617 $1,418,621 -- --
2023 $20,191 $1,377,302 $0 $0
2022 $20,208 $1,337,186 $0 $0
2021 $20,521 $1,298,239 $0 $0
2020 $20,940 $1,280,315 $0 $0
2019 $20,892 $1,251,530 $0 $0
2018 $19,843 $1,228,194 $0 $0
2017 $19,843 $1,202,932 $0 $0
2016 $19,679 $1,178,190 $0 $0
2015 $20,350 $1,170,000 $0 $0
2014 $21,331 $1,170,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    146 Total Sales

    Paulette Koch
    Section Image
  • Dana Koch

    Seller Co-Listing Agent in 2013

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    236 Total Sales

    Dana Koch
    Section Image
See All Agents

About The Reef

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-340

APN: 50-43-44-14-01-001-1010

Florida Palm Beach County Palm Beach 33480

2275 S Ocean Blvd Unit 101 & 108-N, Palm Beach, FL

This home is located at 2275 S Ocean Blvd Unit 101 & 108-N, Palm Beach, FL 33480 since 05 February 2013 and is currently estimated at $5,697,029, approximately $1,524 per square foot. This property was built in 1974. 2275 S Ocean Blvd Unit 101 & 108-N is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Lake Worth Community Middle School, and Forest Hill Community High School.

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