$835,000
SOLD APR 12, 2019

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

2 Beds
2 Baths
1,614 Sq Ft
$1,466/mo HOA Fee

Recently Sold

$517 Per Sq Ft

5% Below List Price

96 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Waterfront
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Roman Tub

About This Home

As of May 2024

Amazing gut renovation on this beautiful lanai unit offering the privacy of a home. New marble porcelain tile floors throughout, solid wood doors and top of the line hardware. The new baths and kitchen features custom German cabinetry with automatic doors. The kitchen has all Bosch built-in appliances, a wine cooler and ice maker.

Last Agent to Sell the Property

Burt Minkoff

Douglas Elliman License #3027869 Listed on: 12/06/2018

Douglas Elliman

Last Buyer's Agent

John Ross

Douglas Elliman License #3276717

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,834

Year Built

  • Built in 1974

Lot Details

  • North Facing Home

HOA Fees

  • $1,466 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,614 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Dining Room
  • Sun or Florida Room
  • Garden Views
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434414010031080

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, pest control, reserve fund, sewer, water
  • 78 Units
  • Reef Condo Subdivision

Amenities

  • Doorman
  • Elevator
  • Community Storage Space

Recreation

  • Trails

Security

  • Resident Manager or Management On Site
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,834

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,466 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Over to Palm Beach, south of Sloans Curve.
  • Year Built: 1974
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Garden Tub/Roman Tub, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble
  • Living Area: 1614.0
  • Dining Room Type: Laundry, Dining Room, Florida Room
  • Stories: 3
  • Window Features: Drapes

Exterior Features

  • Exterior Features: Balcony
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Phone Entry
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1466.0
  • Community Features: Fitness, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Storage, Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Pest Control, Reserve Fund, Sewer, Water

Lot Info

  • Parcel #: 50434414010031080
  • Lot Size Sq Ft: 261614.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6834.0

Multi Family

  • Number Of Units In Community: 78

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
Current Estimated Value
$3,004,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,024
Avg. Annual Appreciation
-3.70%

Purchase Details

Closed on
May 23, 2003
Sold by
Weisman Peter Franklin
Bought by
Wean Raymond John
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
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
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

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

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Beth Cole

    The Corcoran Group

    (561) 758-1541

    13 Total Sales

    Section Image
  • Lisa LaReau

    Seller Co-Listing Agent in 2024

    Lisa LaReau

    Illustrated Properties

    (561) 366-1121

    3 Total Sales

    Section Image

  • J

    Seller's Agent in 2020

    Jason Haverkamp

    William Raveis Real Estate

    (561) 655-6570

    46 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    NON MEMBER

    NON MEMBER FIRM

  • Burt Minkoff

    Seller's Agent in 2019

    Burt Minkoff

    Douglas Elliman

    (561) 512-8978

    66 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    John Ross

    Douglas Elliman

    (561) 715-4163

    7 Total Sales

    Section Image
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About The Reef

Map

Source: BeachesMLS

MLS Number: R10486393

BeachesMLS

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

Florida Palm Beach County Palm Beach 33480

2275 S Ocean Blvd Unit 108, Palm Beach, FL

This home is located at 2275 S Ocean Blvd Unit 108, Palm Beach, FL 33480 and is currently priced at $835,000, approximately $517 per square foot. This property was built in 1974. 2275 S Ocean Blvd Unit 108 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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