The Reef 2275 S Ocean Blvd Unit 207 Palm Beach, FL 33480
2
Beds
2
Baths
1,614
Sq Ft
$1,550/mo
HOA Fee
Highlights
- Doorman
- Ocean Front
- Balcony
- Palm Beach Public School Rated A-
- Community Pool
- Eat-In Kitchen
About This Home
As of November 2021Rare ocean-view unit with privacy! Huge balcony with AMAZING water views. Doorman building for the sophisticate. Full time manager, attentive staff, resort style pool, gym, and business center. Garage parking spot. The Reef is 3 level boutique building just south of Billionaires Row in Palm Beach. The Reef's architecture has earned the building rare landmark status by the Town of Palm Beach - a rare honor for buildings in the area. The discret cluster of low -lying buildings is in a distinguished class like no other palm beach building.
Last Agent to Sell the Property
Worldwide Realty Investment Co License #3146080 Listed on: 09/25/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,167
Year Built
- Built in 1974
HOA Fees
- $1,550 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
Interior Spaces
- 1,614 Sq Ft Home
- 3-Story Property
- Wet Bar
- Blinds
- Washer and Dryer
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Home Security
Outdoor Features
- Open Patio
Additional Features
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 50434414010012070
Community Details
Overview
- Association fees include common areas, cable TV, insurance, pest control, sewer, water
- 80 Units
- Reef Condo Subdivision
Recreation
Additional Features
- Doorman
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2021
Closed on
Nov 18, 2021
Sold by
Harper Peter and Harper Gillian
Bought by
Hcje Llc
Seller's Agent
Robin Lambro
Worldwide Realty Investment Co
List Price
$1,300,000
Sold Price
$1,400,000
Premium/Discount to List
$100,000
7.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,652
Avg. Annual Appreciation
7.36%
Purchase Details
Listed on
Apr 11, 2012
Closed on
Aug 8, 2012
Sold by
Gaucher Paul M and Niemitz Peter A
Bought by
Moran Carole
Seller's Agent
Mia Morrison
The Corcoran Group
Buyer's Agent
Allison Wren
The Corcoran Group
List Price
$672,000
Sold Price
$654,000
Premium/Discount to List
-$18,000
-2.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Purchase Details
Closed on
Mar 11, 2011
Sold by
Kosow Anne M
Bought by
Gaucher Paul M
Similar Homes in Palm Beach, FL
Create a Home Valuation Report for This Property
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 | $1,287,000 | Attorney | |
| Warranty Deed | $654,000 | Attorney | |
| Warranty Deed | $370,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $510,400 | New Conventional | |
| Previous Owner | $157,000 | Credit Line Revolving | |
| Previous Owner | $236,500 | Unknown | |
| Previous Owner | $77,131 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2021 11/19/21 | Sold | $1,400,000 | +7.7% | $867 / Sq Ft |
| 10/20/2021 10/20/21 | Pending | -- | -- | -- |
| 09/25/2021 09/25/21 | For Sale | $1,300,000 | +52.9% | $805 / Sq Ft |
| 09/30/2020 09/30/20 | Sold | $850,000 | -10.5% | $527 / Sq Ft |
| 08/31/2020 08/31/20 | Pending | -- | -- | -- |
| 05/04/2020 05/04/20 | For Sale | $950,000 | +185.0% | $589 / Sq Ft |
| 05/19/2014 05/19/14 | Sold | $333,300 | -18.7% | $207 / Sq Ft |
| 04/19/2014 04/19/14 | Pending | -- | -- | -- |
| 03/07/2014 03/07/14 | For Sale | $410,000 | -37.3% | $254 / Sq Ft |
| 08/07/2012 08/07/12 | Sold | $654,000 | -2.7% | $405 / Sq Ft |
| 07/08/2012 07/08/12 | Pending | -- | -- | -- |
| 04/11/2012 04/11/12 | For Sale | $672,000 | -- | $416 / 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 | $21,958 | $1,391,500 | -- | -- |
| 2023 | $20,611 | $1,265,000 | $0 | $1,500,000 |
| 2022 | $17,919 | $1,150,000 | $0 | $0 |
| 2021 | $11,454 | $700,000 | $0 | $700,000 |
| 2020 | $9,167 | $550,000 | $0 | $550,000 |
| 2019 | $9,362 | $550,000 | $0 | $550,000 |
| 2018 | $8,300 | $505,000 | $0 | $505,000 |
| 2017 | $8,030 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Robin Lambro
Worldwide Realty Investment Co
(561) 843-9705
11 Total Sales
-
G
Seller Co-Listing Agent in 2021
Gabrielle Lambro
Worldwide Realty Investment Co
(954) 545-5583
3 Total Sales
-
T
Seller's Agent in 2020
TJ TAMARA FISHER
Compass Florida LLC (PB)
(561) 818-7529
20 Total Sales
-
J
Seller's Agent in 2014
JUDITH LYONS
Hilton Hilton Palm Beach LLC
(561) 358-0091
21 Total Sales
-
K
Seller Co-Listing Agent in 2014
Kenneth Lyons
Hilton Hilton Palm Beach LLC
(561) 655-6570
17 Total Sales
-
Buyer's Agent in 2014
Burt Minkoff
Douglas Elliman
(561) 512-8978
66 Total Sales
About The Reef
Map
Source: BeachesMLS
MLS Number: R10747913
APN: 50-43-44-14-01-001-2070
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