
The Reef 2275 S Ocean Blvd Unit 202 Palm Beach, FL 33480
Highlights
- Doorman
- Direct Ocean View
- Outdoor Pool
- Palm Beach Public School Rated A-
- Property has ocean access
- Waterfront
About This Home
As of May 2025Classic two bedroom apartment with stunning ocean vistas. The Reef, a historic landmark condominium , is known as the Boutique Resort Gem on the island of Palm Beach. Indoor garage parking, a newly installed gym, and being pet friendly are also part of this wonderful lifestyle. Steps to the newly designed Phipps Park with specimen foliage and top tennis facilities are another benefit. Walk to the Par Three Golf Course, top restaurants and just a five minute drive to iconic Worth Avenue. Welcome to Paradise!
Last Agent to Sell the Property
Illustrated Properties LLC License #SL-3328357 Listed on: 11/21/2024

Property Details
Home Type
- Condo-Op
Est. Annual Taxes
- $13,826
Year Built
- Built in 1974
Lot Details
- Northeast Facing Home
HOA Fees
- $2,893 Monthly HOA Fees
Interior Spaces
- 1,614 Sq Ft Home
- 3-Story Property
- Living Room
- Dining Area
- Storage
- Home Gym
- Tile Flooring
- Fire and Smoke Detector
Kitchen
- Single Oven
- Electric Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- Garage
- Parking Available
Eco-Friendly Details
- Non-Toxic Pest Control
Outdoor Features
- Outdoor Pool
- Property has ocean access
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 50434414010022020
Community Details
Overview
- Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
- 78 Units
- Reef, The Community
- On-Site Maintenance
Amenities
- Doorman
- Common Area
- Lobby
- Elevator
Pet Policy
- Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Palm Beach, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $1,215,000 | None Listed On Document | |
Warranty Deed | $1,215,000 | None Listed On Document | |
Warranty Deed | $255,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $100,000 | Credit Line Revolving |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/27/2025 05/27/25 | Sold | $1,215,000 | -28.3% | $753 / Sq Ft |
03/28/2025 03/28/25 | Pending | -- | -- | -- |
02/20/2025 02/20/25 | Price Changed | $1,695,000 | -22.1% | $1,050 / Sq Ft |
11/21/2024 11/21/24 | For Sale | $2,175,000 | 0.0% | $1,348 / Sq Ft |
10/02/2024 10/02/24 | Off Market | $2,175,000 | -- | -- |
05/10/2024 05/10/24 | For Sale | $2,175,000 | -- | $1,348 / Sq Ft |
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 | $14,612 | $765,325 | -- | -- |
2023 | $13,826 | $695,750 | $0 | $1,150,000 |
2022 | $11,932 | $632,500 | $0 | $0 |
2021 | $9,807 | $575,000 | $0 | $575,000 |
2020 | $9,543 | $550,000 | $0 | $550,000 |
2019 | $9,739 | $550,000 | $0 | $550,000 |
2018 | $8,680 | $505,000 | $0 | $505,000 |
2017 | $8,402 | $505,000 | $0 | $0 |
2016 | $7,235 | $415,000 | $0 | $0 |
2015 | $7,353 | $405,000 | $0 | $0 |
2014 | $7,354 | $396,000 | $0 | $0 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Lisa LaReau
Illustrated Properties LLC
(561) 366-1121
3 Total Sales
-
Buyer's Agent in 2025
Burt Minkoff
Douglas Elliman
(561) 512-8978
65 Total Sales
About The Reef
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 24-815
APN: 50-43-44-14-01-002-2020
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