NOT LISTED FOR SALE

The Reef 2275 S Ocean Blvd Unit 103 Palm Beach, FL 33480

Estimated Value: $1,566,000 - $1,782,322

2 Beds
2 Baths
1,614 Sq Ft
$1,042/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $1,006,150 $623 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $12,015/month

159 Days on Market

Highlights

  • Doorman
  • Direct Ocean View
  • Property fronts an intracoastal waterway
  • Palm Beach Public School Rated A-
  • Property has ocean access
  • Cabana

About This Home

As of November 2018

Spectacular renovated 2 bedroom, 2 bath condo with private cabana at the boutique oceanfront building - The Reef!
Imported oak floors from Holland, custom cabinetry, high end appliances, wired A/V system in every room, Lutron black out shades and impact windows and doors.
Your large balcony includes spiral stairs leading to your private cabana with separate bathroom and shower.

Last Agent to Sell the Property

THOR BROWN

The Corcoran Group License #3022293 Listed on: 03/15/2018

Last Buyer's Agent

KIM RAICH

Linda A. Gary Real Estate

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $5,202

Year Built

  • Built in 1974

Lot Details

  • Southeast Facing Home

HOA Fees

  • $1,605 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,614 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Dining Area
  • Home Gym

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Cabana
  • Outdoor Pool

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434414010011030

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$5,202

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,605 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: 5202.0
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 4813.97
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 80
  • General Property Description:_pound_ Floors: 3.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Building:Ocean - Direct: 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
  • Appliances Microwave: 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:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood, Marble
  • Interior Amenities: Wet Bar
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Cabana, Ocean Access- Deeded, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking:Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • 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, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434414010011030
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 80
  • Maintenance Expense: 4813.97

Tax Info

  • Tax Annual Amount: 5202.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2020
Sold by
Mccusker John and Lowenthal Barry
Bought by
Lowenthal Barry
Total Days on Market
159
Current Estimated Value
$1,681,081

Purchase Details

Closed on
Apr 14, 2017
Sold by
Mcusker John
Bought by
Mccuskar John

Purchase Details

Listed on
Apr 3, 2015
Closed on
May 15, 2015
Sold by
Marcus Ira M
Bought by
Mccusker John
Seller's Agent
Thor Brown
Compass Florida LLC (PB)
Buyer's Agent
Thor Brown
Compass Florida LLC (PB)
List Price
$439,000
Sold Price
$411,200
Premium/Discount to List
-$27,800
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.01%

Purchase Details

Listed on
Sep 26, 2014
Closed on
Oct 2, 2014
Sold by
Marcus Roberta Rosenberg
Bought by
Marcus Ira M
Seller's Agent
Burt Minkoff
Douglas Elliman
Buyer's Agent
Sylvia James
Brown Harris Stevens of PB
Sold Price
$5,500

Purchase Details

Closed on
Oct 5, 2012
Sold by
Rosenberg Kenneth J
Bought by
Marcus Roberta Rosenberg

Purchase Details

Closed on
May 27, 2004
Sold by
Rosenberg Kenneth J and Marcus Paul R
Bought by
Rosenberg Kenneth J

Purchase Details

Closed on
May 26, 1998
Sold by
Federal Natl Mtg Assn
Bought by
Rosenberg Kenneth J

Purchase Details

Closed on
Mar 4, 1997
Sold by
Clerk Of The Court
Bought by
Federal National Mortgage Association
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
Lowenthal Barry -- Accommodation
Mccuskar John -- None Available
Mccusker John $411,200 None Available
Marcus Ira M -- Attorney
Marcus Roberta Rosenberg -- Attorney
Rosenberg Kenneth J -- --
Rosenberg Kenneth J $119,000 --
Federal National Mortgage Association -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $1,006,150 0.0% $623 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $1,006,150 +144.7% $623 / Sq Ft
05/15/2015 05/15/15 Sold $411,200 -6.3% $255 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $439,000 0.0% $272 / Sq Ft
11/18/2014 11/18/14 Rented $5,500 0.0% --
10/19/2014 10/19/14 Under Contract -- -- --
09/26/2014 09/26/14 For Rent $5,500 0.0% --
02/21/2012 02/21/12 Sold $400,000 -15.8% $248 / Sq Ft
01/22/2012 01/22/12 Pending -- -- --
04/14/2011 04/14/11 For Sale $475,000 -- $294 / 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 $11,693 $793,023 -- --
2023 $11,417 $769,925 $0 $0
2022 $11,415 $747,500 $0 $0
2021 $8,347 $485,000 $0 $485,000
2020 $8,059 $460,000 $0 $460,000
2019 $7,633 $425,000 $0 $425,000
2018 $7,154 $425,000 $0 $425,000
2017 $6,834 $410,000 $0 $0
2016 $5,773 $330,000 $0 $0
2015 $5,471 $300,000 $0 $0
2014 $5,544 $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    THOR BROWN

    The Corcoran Group

  • K

    Buyer's Agent in 2018

    KIM RAICH

    Linda A. Gary Real Estate

  • Burt Minkoff

    Seller's Agent in 2014

    Burt Minkoff

    Douglas Elliman

    66 Total Sales

    Burt Minkoff
    Section Image

  • S

    Buyer's Agent in 2014

    Sylvia James

    Brown Harris Stevens of PB

  • Mia Morrison

    Seller's Agent in 2012

    Mia Morrison

    The Corcoran Group

    (561) 379-7691

    50 Total Sales

    Mia Morrison
    Section Image
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About The Reef

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-669

APN: 50-43-44-14-01-003-1030

Florida Palm Beach County Palm Beach 33480

2275 S Ocean Blvd Unit 103, Palm Beach, FL

This home is located at 2275 S Ocean Blvd Unit 103, Palm Beach, FL 33480 since 15 March 2018 and is currently estimated at $1,681,081, approximately $1,041 per square foot. This property was built in 1974. 2275 S Ocean Blvd Unit 103 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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