NOT LISTED FOR SALE

The Reef 2275 S Ocean Blvd Unit T6 Palm Beach, FL 33480

Estimated Value: $1,457,746 - $1,696,000

2 Beds
2 Baths
1,515 Sq Ft
$1,398/mo HOA Fee

Last Sold October 30, 2015

Last sale price $650,000 $429 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $10,442/month

117 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Vaulted Ceiling
  • Palm Beach Public School Rated A-
  • Heated Pool
  • Roman Tub

About This Home

As of October 2015

Spectacular Intracoastal views from this sought after townhome at The Reef Condominium, one of Palm Beach's most desirable buildings. Pull right into your waterfront home featuring vaulted ceilings, walk-in closets, and an expansive outdoor patio area perfect for entertaining. High Impact windows and doors throughout along with renovated bathrooms, living areas, and kitchen with beautiful granite countertops allow you to move right in! Two pets welcomed as well. Enjoy all of the amenities of The Reef, including 24 doorman, fitness center, and Oceanfront pool with deeded beach access. Poolside cabana S-10 also available for additional $50k. Just a short drive to all of what Palm Beach has to offer including Worth Avenue, cultural centers, renowned restaurants, and more. Adjacent to Phipps

Last Agent to Sell the Property

Joan Wenzel

Douglas Elliman License #597469 Listed on: 06/04/2015

Douglas Elliman

Co-Listed By

B. DUERR

One Sotheby's International Re License #3117391

Last Buyer's Agent

Candee Weitzman

Donohue Real Estate Palm Beach License #600132

Donohue Real Estate Palm Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,632

Year Built

  • Built in 1974

Lot Details

  • East Facing Home

HOA Fees

  • $1,398 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,515 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Awning
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50434414010040060

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, maintenance structure, pest control, pool(s), roof, sewer, water
  • 78 Units
  • The Reef Subdivision

Amenities

  • Doorman
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,632

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,398 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Across from Phipps Ocean Park on A1A
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Garden Tub/Roman Tub, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1515.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3

Exterior Features

  • Exterior Features: Awning(s), Patio
  • View: Intercoastal
  • Pool Features: Heated, None, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 1398.0
  • Community Features: Fitness, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Roof, Sewer, Water

Lot Info

  • Parcel #: 50434414010040060
  • Zoning Description: 0400

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4632.0

Multi Family

  • Number Of Units In Community: 78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2015
Closed on
Oct 30, 2015
Sold by
Feldman Fran Maren
Bought by
Weitzman Candee
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
Candee Weitzman
Donohue Real Estate Palm Beach
List Price
$725,000
Sold Price
$650,000
Premium/Discount to List
-$75,000
-10.34%
Current Estimated Value
$1,579,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$929,437
Avg. Annual Appreciation
11.21%

Purchase Details

Closed on
Dec 1, 2014
Sold by
Maren Oscar J and Oscar J Maren Revocable Trust
Bought by
Feldman Fran Maren

Purchase Details

Closed on
May 23, 2013
Sold by
Maren Oscar J
Bought by
Maren Oscar J and Oscar J Maren Revocable Trust

Purchase Details

Closed on
May 10, 2010
Sold by
Cahn Jane Maren
Bought by
Maren Oscar J

Purchase Details

Closed on
Oct 30, 2007
Sold by
Residen Maren Oscar J and Residen Oscar J Maren Personal
Bought by
Cahn Jane Maren
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Weitzman Candee $650,000 Attorney
Feldman Fran Maren $450,000 Attorney
Maren Oscar J -- Attorney
Maren Oscar J -- Attorney
Cahn Jane Maren -- Attorney
Cahn Jane Maren -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $650,000 -10.3% $429 / Sq Ft
09/30/2015 09/30/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $725,000 -- $479 / 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 $3,853 $265,789 -- --
2023 $3,732 $258,048 $0 $0
2022 $3,715 $250,532 $0 $0
2021 $3,785 $243,235 $0 $0
2020 $3,779 $239,877 $0 $0
2019 $3,761 $234,484 $0 $0
2018 $3,577 $230,112 $0 $0
2017 $9,964 $570,000 $0 $0
2016 $9,557 $550,000 $0 $0
2015 $6,009 $330,000 $0 $0
2014 $4,632 $289,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joan Wenzel

    Seller's Agent in 2015

    Joan Wenzel

    Douglas Elliman

    (561) 371-5743

    74 Total Sales

    Section Image
  • B. DUERR

    Seller Co-Listing Agent in 2015

    B. DUERR

    One Sotheby's International Re

    (305) 962-1876

    76 Total Sales

    Section Image

  • C

    Buyer's Agent in 2015

    Candee Weitzman

    Donohue Real Estate Palm Beach

    (561) 818-5475

    3 Total Sales

    Section Image
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About The Reef

Map

Source: BeachesMLS

MLS Number: R10141513

BeachesMLS

APN: 50-43-44-14-01-004-0060

Florida Palm Beach County Palm Beach 33480

2275 S Ocean Blvd Unit T6, Palm Beach, FL

This home is located at 2275 S Ocean Blvd Unit T6, Palm Beach, FL 33480 since 04 June 2015 and is currently estimated at $1,579,437, approximately $1,042 per square foot. This property was built in 1974. 2275 S Ocean Blvd Unit T6 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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