NOT LISTED FOR SALE

The Reef 2275 S Ocean Blvd Unit 208A Palm Beach, FL 33480

Estimated Value: $1,184,000 - $2,092,000

2 Beds
2 Baths
1,683 Sq Ft
1974 Built

Sale Details

Date Sold: January 30, 2020

Last sale price $745,000 $443 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $12,132 / mo

153 Days on Market

Highlights

  • Fitness Center
  • Art Deco Architecture
  • Garden View
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Outdoor Living Area

About This Home

As of January 2020

Live in a landmark! Spacious, gracious and stylish 2 bedroom, 2 bath at The Reef, Palm Beach's iconic mid century masterpiece. Completely private, forever-protected Phipps Ocean Park views from each and every room, with the glittering West Palm Beach skyline visible in the distance from the expansive terrace.

Last Agent to Sell the Property

Burt Minkoff

Douglas Elliman License #3027869 Listed on: 08/19/2019

Douglas Elliman

Last Buyer's Agent

Burt Minkoff

Douglas Elliman License #3027869 Listed on: 08/19/2019

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,998

Year Built

  • Built in 1974

Lot Details

  • South Facing Home

HOA Fees

  • $1,466 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Art Deco Architecture

Interior Spaces

  • 1,683 Sq Ft Home
  • 3-Story Property
  • Dining Room
  • Sun or Florida Room
  • Storage
  • Dryer
  • Marble Flooring
  • Garden Views
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434414010032080

Community Details

Overview

  • Association fees include cable TV, hot water, insurance, ground maintenance, pest control, sewer, water
  • Reef Cond Subdivision

Amenities

  • Picnic Area
  • Business Center
  • Elevator

Recreation

Pet Policy

  • Limit on the number of pets

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,998

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$1,466 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South of Sloanes Curve. The Reef is on the east side.
  • Year Built: 1974
  • Architectural Style: Art Deco
  • Unit Levels: Multi/Split
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bathtub, None, Storage, Soaking Tub, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Ice Maker, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 1683.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Garden
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Patio And Porch Features: Covered, Balcony
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Security: Security System, Closed Circuit Camera(s), Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1466.0
  • Community Features: Home Owners Association, Property Manager On-Site, Street Lights
  • Senior Community: No
  • Amenities: Business Center, Fitness Center, Picnic Area, Pool, Sidewalks, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Number Limit, Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Cable TV, Hot Water, Insurance, Maintenance Grounds, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 50434414010032080
  • Mobile Dim Units: Feet
  • Zoning: 0407

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6998.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2021
Sold by
Normile Dorita H
Bought by
Normile Dorita H and Normile James S
Current Estimated Value
$1,752,879

Purchase Details

Listed on
Aug 19, 2019
Closed on
Jan 30, 2020
Sold by
Wilkie Richard A and Stolman Steven S
Bought by
Normile Dorita H
Seller's Agent
Burt Minkoff
Douglas Elliman
Buyer's Agent
Burt Minkoff
Douglas Elliman
List Price
$849,000
Sold Price
$745,000
Premium/Discount to List
-$104,000
-12.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.75%

Purchase Details

Listed on
Feb 5, 2016
Closed on
Apr 15, 2016
Sold by
2275 Ocean208 Llc
Bought by
Wilkie Richard A
Buyer's Agent
Burt Minkoff
Douglas Elliman
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$386,250
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2015
Sold by
Vetromile Maria G and Pnc Bank National Association
Bought by
2275 Ocean208 Llc

Purchase Details

Closed on
Jul 7, 2005
Sold by
Filtzer Frances S
Bought by
Vetromile Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
10%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Normile Dorita H -- Attorney
Normile Dorita H $745,000 Trident Title
Wilkie Richard A $515,000 Weston Title & Escrow Inc
2275 Ocean208 Llc $342,300 None Available
Vetromile Maria G $350,000 Eastern National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilkie Richard A $386,250
Previous Owner Vetromile Maria G $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2020 01/30/20 Sold $745,000 -12.2% $443 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $849,000 +64.9% $504 / Sq Ft
04/15/2016 04/15/16 Sold $515,000 -10.4% $371 / Sq Ft View Prior Sale
03/16/2016 03/16/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $575,000 -- $414 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $16,467 $1,575,000 -- --
2024 $16,467 $705,430 -- --
2023 $15,620 $641,300 $0 $1,500,000
2022 $11,038 $583,000 $0 $0
2021 $9,077 $530,000 $0 $530,000
2020 $7,246 $450,120 $0 $0
2019 $7,223 $440,000 $0 $440,000
2018 $6,998 $440,000 $0 $440,000
2017 $7,549 $425,000 $0 $0
2016 $6,031 $345,000 $0 $0
2015 $5,740 $315,000 $0 $0
2014 $5,816 $315,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Burt Minkoff

    Seller's Agent in 2020

    Burt Minkoff

    Douglas Elliman

    (561) 512-8978

    50 Total Sales

    Burt Minkoff
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About The Reef

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10555362

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-44-14-01-003-2080

Florida Palm Beach County Palm Beach 33480

2275 S Ocean Blvd Unit 208A, Palm Beach, FL

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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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