$400,000
SOLD FEB 21, 2012

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

2 Beds
2 Baths
1,614 Sq Ft
$1,222/mo HOA Fee

Recently Sold

$248 Per Sq Ft

16% Below List Price

282 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Community Pool
  • Palm Beach Public School Rated A-
  • Sauna
  • 1 Car Attached Garage

About This Home

As of November 2018

Ocean view & southern exposure from this spacious 2 bedroom/2 bath unit in the popular ocean front complex. Stairway from balcony to cabana poolside. Renovated kitchen. Resort style pool, state of the art fitness center, and garage parking - pet friendly and convenient to all Palm Beach amenities.

Last Agent to Sell the Property

Mia Morrison

The Corcoran Group License #3077087 Listed on: 04/14/2011

The Corcoran Group

Last Buyer's Agent

Thor Brown

Compass Florida LLC (PB) License #3022293

Compass Florida LLC (PB)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,065

Year Built

  • Built in 1974

Lot Details

  • South Facing Home

HOA Fees

  • $1,222 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,614 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar
  • Carpet
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50434414010011030

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), security, trash
  • 78 Units
  • The Reef Subdivision

Amenities

  • Doorman

Recreation

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,065

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,222 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 to Southern Boulevard. Right on AIA. Building on the left on the ocean
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 1614.0
  • Dining Room Type: Storage Room
  • Stories: 3

Exterior Features

  • Pool Features: None, Community
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Direction Faces: South

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Security: Closed Circuit Camera(s), Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 1222.0
  • Community Features: Fitness, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Security, Trash

Lot Info

  • Parcel #: 50434414010011030
  • Zoning Description: R-C

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 6065.0

Multi Family

  • Number Of Units In Community: 78

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
282
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Quit Claim Deed -- None Available
Warranty Deed $411,200 None Available
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- --
Deed $119,000 --
Deed -- --
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: 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 $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

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Map

Source: BeachesMLS

MLS Number: R3189966

BeachesMLS

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