$515,000
SOLD APR 15, 2016

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

2 Beds
2 Baths
1,390 Sq Ft
$1,373/mo HOA Fee

Recently Sold

$371 Per Sq Ft

10% Below List Price

39 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Clubhouse
  • Garden View

About This Home

As of January 2020

Rare opportunity in the oceanfront enclave, The Reef Condominiums, located in Palm Beach. Spacious 2bd/2ba featuring 1,614 feet under air. Top of the line upgraded condo with saturnia flooring throughout. Custom wood cabinet kitchen/bar with granite countertops and all new stainless appliances. Luxurious tiled baths with master spa tub and dual granite sink vanities. Walk in custom wood closets. High ceilings with balcony access from every room overlooking lush landscaping. Washer/Dryer in unit. Endless am

Last Agent to Sell the Property

Maxie Kaan-Lilly

International Realty of Florida License #3290255 Listed on: 02/05/2016

International Realty of Florida

Last Buyer's Agent

Burt Minkoff

Douglas Elliman License #3027869

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,740

Year Built

  • Built in 1974

Lot Details

  • West Facing Home

HOA Fees

  • $1,373 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,390 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar
  • Formal Dining Room
  • Marble Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Water Not Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50434414010032080

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, security, trash
  • 72 Units
  • Reef Condo Subdivision

Amenities

  • Doorman
  • Clubhouse

Recreation

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,740

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,373 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: i95 to 10th street, east to federal, south to lake, east to A1A North to BLD
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Living/Dining Room, Pantry, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 1390.0
  • Stories: 3

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Pool Features: None, Community
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Security: Door Man, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 1373.0
  • Community Features: Clubhouse, Fitness, Pool
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Security, Trash

Lot Info

  • Parcel #: 50434414010032080
  • Zoning Description: RES

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5740.0

Multi Family

  • Number Of Units In Community: 72

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
$1,658,764

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
BURTON MINKOFF
MCCANN COYNER CLARKE
List Price
$745,000
Sold Price
$745,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.14%

Purchase Details

Listed on
Feb 5, 2016
Closed on
Apr 15, 2016
Sold by
2275 Ocean208 Llc
Bought by
Wilkie Richard A
Seller's Agent
Maxie Kaan-Lilly
International Realty of Florida
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

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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
Interfamily Deed Transfer -- Attorney
Warranty Deed $745,000 Trident Title
Warranty Deed $515,000 Weston Title & Escrow Inc
Trustee Deed $342,300 None Available
Warranty Deed $350,000 Eastern National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $386,250 New Conventional
Previous Owner $105,000 Unknown
Previous Owner $190,000 Unknown
Previous Owner $280,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $745,000 0.0% $443 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
08/19/2019 08/19/19 For Sale $745,000 +44.7% $443 / Sq Ft
04/15/2016 04/15/16 Sold $515,000 -10.4% $371 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $575,000 -- $414 / 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 $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

    65 Total Sales

    Section Image

  • B

    Buyer's Agent in 2020

    BURTON MINKOFF

    MCCANN COYNER CLARKE

  • M

    Seller's Agent in 2016

    Maxie Kaan-Lilly

    International Realty of Florida

    Section Image
See All Agents

About The Reef

Map

Source: BeachesMLS

MLS Number: R10205550

BeachesMLS

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

Florida Palm Beach County Palm Beach 33480

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

This home is located at 2275 S Ocean Blvd Unit 208A, Palm Beach, FL 33480 and is currently priced at $515,000, approximately $370 per square foot. This property was built in 1974. 2275 S Ocean Blvd Unit 208A 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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