The Reef 2275 S Ocean Blvd Unit 108 Palm Beach, FL 33480
2
Beds
2.5
Baths
1,868
Sq Ft
$2,893/mo
HOA Fee
Highlights
- Ocean Front
- Fitness Center
- Great Room
- Palm Beach Public School Rated A-
- Marble Flooring
- Community Pool
About This Home
As of May 2024Rarely available direct oceanfront lanai at The Reef, an exceptional landmark condominium designed by renowned architect Gene Lawrence. This lanai lives like a private home with an expansive terrace, direct views of the ocean and beach access just steps away. The apartment boasts an open floor plan with unobstructed ocean views. New impact glass, an open kitchen and marble floors all create an easy feeling oasis. Amenities include a new gym and indoor garage parking. The Reef is a pet-friendly building with a fantastic location: walk to the Par 3 Golf Course and its waterfront Al Fresco restaurant, the Four Seasons, and the newly designed Phipps Ocean Park with tennis and pickleball. Worth Avenue is a short scenic drive away. It really just doesn't get any better than than this!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,685
Year Built
- Built in 1974
Lot Details
HOA Fees
- $2,893 Monthly HOA Fees
Parking
- 1 Car Garage
- Garage Door Opener
Property Views
- Garden
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
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 50434414010021080
Community Details
Overview
- Association fees include common areas, cable TV, ground maintenance, maintenance structure, parking, pool(s), roof, sewer, security, trash
- 78 Units
- Reef Condo Subdivision
Amenities
- Elevator
Recreation
Security
- Impact Glass
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2024
Closed on
May 6, 2024
Sold by
Wean Suzanne Cole and Wean Raymond John
Bought by
Pbx4 Llc
Seller's Agent
Beth Cole
The Corcoran Group
Buyer's Agent
Lisa LaReau
Illustrated Properties
List Price
$3,395,000
Sold Price
$3,150,000
Premium/Discount to List
-$245,000
-7.22%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.56%
Purchase Details
Closed on
May 23, 2003
Sold by
Weisman Peter Franklin
Bought by
Wean Raymond John
Similar Homes in Palm Beach, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Jared L. Seligman
J
Seller's Agent in 2025
Jared L. Seligman
The Corcoran Group
3 Total Sales
-
Dylan Reiff
D
Seller Co-Listing Agent in 2025
Dylan Reiff
The Corcoran Group
(646) 624-9072
1 Total Sale
-
Beth Cole
B
Seller's Agent in 2024
Beth Cole
The Corcoran Group
(561) 758-1541
13 Total Sales
-
Lisa LaReau
Seller Co-Listing Agent in 2024
Lisa LaReau
Illustrated Properties
(561) 366-1121
3 Total Sales
-
Jason Haverkamp
J
Seller's Agent in 2020
Jason Haverkamp
William Raveis Real Estate
(561) 655-6570
48 Total Sales
-
N
Buyer's Agent in 2020
NON MEMBER
NON MEMBER FIRM
About The Reef
Map
Source: BeachesMLS
MLS Number: R10969454
APN: 50-43-44-14-01-002-1080
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