$3,350,000
$145K PRICE DROP

The Reef 2275 S Ocean Blvd Unit 108 Palm Beach, FL 33480

Estimated payment $22,499/month

Total Views 3,426
2 Beds
2.5 Baths
1,868 Sq Ft
$1,793 Price per Sq Ft

Highlights

  • Ocean Front
  • Fitness Center
  • Great Room
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Community Pool

About This Home

This rare oceanfront 2-bedroom, 2.5-bathroom Lanai residence, located in one of Palm Beach's premier buildings, offers 1,868 interior square feet and an expansive 750-square-foot waterfront terrace. Designed for seamless indoor-outdoor living, this home provides breathtaking ocean views and unparalleled outdoor space with direct access to the beach--perfect for relaxation and entertaining.The residence features marble bathrooms, a well-appointed kitchen, and a spacious primary suite with a beautifully designed dressing room. Additional highlights include ample storage throughout, a full laundry area, and an oversized kitchen that combines style with practicality. The layout is both functional and inviting, offering effortless flow for comfortable living.

Listing Agent

Jared L. Seligman

The Corcoran Group License #3601687 Listed on: 01/13/2025

Co-Listing Agent

Dylan Reiff

The Corcoran Group License #3602520

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,906

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $3,041 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Interior Spaces

  • 1,868 Sq Ft Home
  • 3-Story Property
  • Bar
  • Ceiling Fan
  • Blinds
  • Great Room
  • Combination Dining and Living Room
  • Home Security System
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Property has ocean access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434414010021080
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, maintenance structure, parking, pool(s), roof, sewer, security, trash
  • Reef Condo Subdivision

Amenities

  • Elevator

Recreation

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,906

Year Built

Built in 1974

Lot Details

0

HOA Fees

$3,041 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1974
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Living/Dining Room, Separate Shower, Bar, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble, Tile
  • Living Area: 1868.0
  • Dining Room Type: Great Room, Storage Room
  • Stories: 3
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Covered, Garage Door Opener

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3041.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Roof, Sewer, Security, Trash

Lot Info

  • Parcel #: 50434414010021080
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8906.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,906 $605,577 -- --
2023 $8,685 $587,939 $0 $0
2022 $8,678 $570,815 $0 $0
2021 $8,830 $554,189 $0 $0
2020 $8,837 $546,537 $0 $0
2019 $8,810 $534,249 $0 $0
2018 $8,371 $524,288 $0 $0
2017 $8,359 $513,504 $0 $0
2016 $8,064 $502,942 $0 $0
2015 $8,337 $499,446 $0 $0
2014 $8,374 $495,482 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Price Changed $3,350,000 -4.1% $1,793 / Sq Ft
01/13/2025 01/13/25 For Sale $3,495,000 +11.0% $1,871 / Sq Ft
05/06/2024 05/06/24 Sold $3,150,000 -7.2% $1,686 / Sq Ft
03/17/2024 03/17/24 For Sale $3,395,000 +228.0% $1,817 / Sq Ft
11/20/2020 11/20/20 Sold $1,035,000 0.0% $641 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $1,035,000 +24.0% $641 / Sq Ft
04/12/2019 04/12/19 Sold $835,000 -5.0% $517 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
12/06/2018 12/06/18 For Sale $879,000 +140.8% $545 / Sq Ft
03/17/2015 03/17/15 Sold $365,000 0.0% $226 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $365,000 -- $226 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,150,000 None Listed On Document
Warranty Deed $3,150,000 None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed -- --
Personal Reps Deed $700,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $157,500 New Conventional
Previous Owner $219,700 Unknown
Source: Public Records

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Source: BeachesMLS

MLS Number: R11053648

BeachesMLS

APN: 50-43-44-14-01-002-1080