NOT LISTED FOR SALE

The Reef 2275 S Ocean Blvd Unit 308A Floor 3 Palm Beach, FL 33480

Palm Beach Area

Estimated Value: $1,729,996

2 Beds
2 Baths
1,614 Sq Ft
1974 Built

Sale Details

Date Sold: June 5, 2019

Last sale price $795,000 $493 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $11,897 / mo

Highlights

  • Direct Ocean View
  • Property has ocean access
  • Intercom to Front Desk
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Waterfront

About This Home

As of June 2019

Rare 2 Bed/2 bath in the Reef Atrium building. Wonderful Northern exposure with partial ocean and Intracoastal views. Dramatic view of downtown West Palm Beach which glitters like a jewel at night.

Last Buyer's Agent

Burt Minkoff

Douglas Elliman License #3027869

Douglas Elliman
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

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,982

Year Built

  • Built in 1974

Lot Details

  • Waterfront
  • South Facing Home

HOA Fees

  • $1,466 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Garden

Home Design

  • Garden Apartment
  • Split Level Home
  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,614 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Family or Dining Combination
  • Storage Room

Kitchen

  • Ice Maker
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Home Security

  • Home Security System
  • Security Lights
  • Door Monitored By TV

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 50434414010033080

Community Details

Overview

  • Reef Cond Subdivision
  • Mandatory home owners association

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Trash Chute
  • Intercom to Front Desk
  • Secure Lobby
  • Bike Room
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • On-Site Manager or Management
  • Phone Entry
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,982

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$1,466 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment, Split Level
  • Directions: From Southern bridge drive south past Sloanes Curve or from Lake Worth bridge drive north. Located on the ocean side.
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Road Frontage Type: Public Road, U.S. Hwy
  • Building Stories: 3
  • Structure Type: Condo
  • Subdivision Name: REEF COND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 795000
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Disposal, Ice Maker
  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Walk-In Closet(s), Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1614
  • Other Equipment: Elevator
  • Stories: 3
  • Window Features: Complete Accordian Shutters, Hurricane Shutters
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Storage Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Garden, Ocean, Direct Ocean, Ocean View
  • Exterior Features: East Of Us1, Exterior Cat Walk, Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: East Of US 1
  • Other Structures: Livable
  • Pool Features: Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Parking Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Green Building Features: Elevator, Trash Chute
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Alarm, Smoke Detector(s), Security System, Smoke Detector, Phone Entry, Intercom In Lobby, Lobby Secured, Security Lights, TV Camera, TV Monitor
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 1466
  • Amenities: Bike Storage, Barbecue, Community Pool, Elevator(s), Exercise Room, Management On Site, Pool, Private Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Buyer Approval Required, Exercise Room, Management On Site, Mandatory Hoa, Picnic Area, Pool, Public Road, Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 50434414010033080
  • Zoning: RF1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6982

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jun 10, 2019
Sold by
Jacoby Stephen M
Bought by
Buyer's Agent
Burt Minkoff
Douglas Elliman
List Price
$800,000
Sold Price
$795,000
Premium/Discount to List
-$5,000
-0.62%
Current Estimated Value
$1,729,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$934,996
Avg. Annual Appreciation
11.24%
Original Mortgage
$484,350
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2016
Closed on
Jul 1, 2016
Bought by
Jacoby Stephen M
Seller's Agent
Burt Minkoff
Douglas Elliman
Buyer's Agent
Burt Minkoff
Douglas Elliman
List Price
$555,000
Sold Price
$520,000
Premium/Discount to List
-$35,000
-6.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.12%

Purchase Details

Closed on
Nov 29, 2001
Sold by
Prial Anne
Bought by
Kollinicos Keith
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$795,000 Trident Title
Jacoby Stephen M $520,000 --
Kollinicos Keith $195,000 Terramar Guaranty Title Trus
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $484,350
Previous Owner Jacoby Stephen M $450,000
Previous Owner Udell Lois B $544,185
Previous Owner Udell Stanley W $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2019 06/05/19 Sold $795,000 -0.6% $493 / Sq Ft
06/05/2019 06/05/19 For Sale $800,000 +53.8% $496 / Sq Ft
08/04/2016 08/04/16 Sold $520,000 0.0% $374 / Sq Ft View Prior Sale
08/04/2016 08/04/16 Sold $520,000 -6.3% $374 / Sq Ft View Prior Sale
07/05/2016 07/05/16 Pending -- -- --
07/05/2016 07/05/16 Pending -- -- --
09/10/2015 09/10/15 For Sale $555,000 0.0% $399 / Sq Ft
09/10/2015 09/10/15 For Sale $555,000 -- $399 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,974 $558,678
2024 $7,974 $542,933
2023 $7,772 $527,119 $0 $0
2022 $7,763 $511,766 $0 $0
2021 $7,900 $496,860 $0 $0
2020 $7,904 $490,000 $0 $490,000
2019 $7,307 $445,000 $0 $445,000
2018 $6,982 $439,030 $0 $0
2017 $6,968 $430,000 $0 $0
2016 $6,117 $350,000 $0 $0
2015 $4,795 $301,749 $0 $0
2014 $4,815 $299,354 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Burt Minkoff Real Estate Agent - Douglas Elliman

    Buyer's Agent in 2019

    Burt Minkoff

    Douglas Elliman

    (561) 512-8978

    44 Total Sales

    Burt Minkoff
    Section Image
See All Agents

About The Reef

Map

Source: MIAMI REALTORS® MLS

MLS Number: R10536316

MIAMI REALTORS® MLS

APN: 50-43-44-14-01-003-3080

Florida Palm Beach County Palm Beach 33480

2275 S Ocean Blvd Unit 308A, 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.

MIAMI REALTORS® MLS 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.