$575,000
SOLD MAY 7, 2015

The Reef 2275 S Ocean Blvd Palm Beach, FL 33480

3 Beds
2 Baths
1,868 Sq Ft
$1,359/mo HOA Fee

Recently Sold

$308 Per Sq Ft

560 Days on Market

Highlights

  • Doorman
  • Direct Ocean View
  • Property fronts an intracoastal waterway
  • Palm Beach Public School Rated A-
  • Property has ocean access
  • Fitness Center

About This Home

As of June 2025

Great opportunity to own this large 3BR/2.5BA apartment in sought after Oceanfront building. Total high end renovation with Ocean and Intracoastal views, hurricane impact doors, and high ceilings. Full service building with garage parking, new stylish lobby & common areas, fitness center, and doorman. 2 pets ok.

Last Agent to Sell the Property

JOAN WENZEL

THE FITE GROUP Listed on: 10/01/2013

Co-Listed By

B. DUERR

THE FITE GROUP

Last Buyer's Agent

pbb.rets.zimmam

pbb.rets.RETS_OFFICE

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $7,341

Year Built

  • Built in 1975

Lot Details

  • Southwest Facing Home

HOA Fees

  • $1,359 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,868 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Dining Area
  • Storage
  • Utility Room
  • Home Gym
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Electric Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434414010013040

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 78 Units
  • Reef, The Community
  • On-Site Maintenance

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$7,341

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,359 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Reef, The
  • Year Built: 1975
  • Location Tax Legal:Name of Building: Reef, The
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 7341.0
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 1868.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 4078.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 78
  • General Property Description:_pound_ Floors: 3.0
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Pets:Pets Allowed: Yes
  • Exposure of Unit:West2: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Double, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1868.0
  • Stories: 3
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Ocean Access- Deeded, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Other Security, Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434414010013040
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 78
  • Maintenance Expense: 4078.0

Tax Info

  • Tax Annual Amount: 7341.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Jun 10, 2025
Sold by
Palacorolla Thomas A and Palacorolla Barbara J
Bought by
Hershcopf Cathy
Seller's Agent
Thor Brown
Compass Florida LLC (PB)
Buyer's Agent
guy clark
Douglas Elliman
List Price
$2,250,000
Sold Price
$1,375,000
Premium/Discount to List
-$875,000
-38.89%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
216.91%

Purchase Details

Closed on
May 22, 2007
Sold by
Talmadge Richard and Talmadge Joyce
Bought by
Palacorolla Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2001
Sold by
Arthur Talmadge I
Bought by
Talmadge Richard E

Purchase Details

Closed on
Nov 1, 1993
Sold by
Talmadge Richard E and Sussman Joyce A
Bought by
Talmadge Arthur
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
Warranty Deed $1,375,000 None Listed On Document
Warranty Deed $1,375,000 None Listed On Document
Warranty Deed $635,000 Attorney
Warranty Deed -- --
Quit Claim Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $508,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Sold $1,375,000 -8.3% $736 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/22/2025 04/22/25 Price Changed $1,500,000 -11.5% $803 / Sq Ft
03/25/2025 03/25/25 Price Changed $1,695,000 -5.6% $907 / Sq Ft
02/05/2025 02/05/25 Price Changed $1,795,000 -4.3% $961 / Sq Ft
12/09/2024 12/09/24 Price Changed $1,875,000 -3.8% $1,004 / Sq Ft
07/15/2024 07/15/24 Price Changed $1,950,000 -13.3% $1,044 / Sq Ft
01/29/2024 01/29/24 For Sale $2,250,000 +158.6% $1,204 / Sq Ft
06/28/2019 06/28/19 Sold $870,000 -27.4% $462 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $1,198,500 +37.7% $636 / Sq Ft
05/10/2018 05/10/18 Sold $870,500 0.0% $462 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/24/2017 04/24/17 For Sale $870,500 -18.7% $462 / Sq Ft
02/24/2017 02/24/17 Sold $1,070,500 +18.3% $573 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
12/08/2016 12/08/16 Sold $905,000 0.0% $488 / Sq Ft
12/08/2016 12/08/16 Sold $905,000 0.0% $484 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
11/08/2016 11/08/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $905,000 -39.5% $488 / Sq Ft
02/04/2016 02/04/16 For Sale $1,495,000 +22.0% $800 / Sq Ft
12/30/2015 12/30/15 For Sale $1,225,000 +113.0% $656 / Sq Ft
05/07/2015 05/07/15 Sold $575,000 0.0% $308 / Sq Ft
05/07/2015 05/07/15 Sold $575,000 -17.3% $288 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
04/07/2015 04/07/15 Pending -- -- --
06/17/2014 06/17/14 For Sale $695,000 +20.9% $348 / Sq Ft
10/01/2013 10/01/13 For Sale $575,000 -- $308 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $18,481 $929,704 -- --
2023 $17,461 $845,185 $0 $1,515,000
2022 $14,801 $768,350 $0 $0
2021 $11,959 $720,000 $0 $720,000
2020 $10,945 $635,000 $0 $635,000
2019 $10,749 $610,000 $0 $610,000
2018 $10,776 $730,000 $0 $730,000
2017 $10,496 $730,000 $0 $0
2016 $8,262 $467,500 $0 $0
2015 $7,711 $425,000 $0 $0
2014 $7,812 $425,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Thor Brown

    Compass Florida LLC (PB)

    (561) 301-7048

    53 Total Sales

    Section Image
  • guy clark

    Buyer's Agent in 2025

    guy clark

    Douglas Elliman

    (646) 262-3758

    70 Total Sales

    Section Image

  • A

    Seller's Agent in 2019

    Ashley Copeland

    Brown Harris Stevens of PB

    (561) 596-5959

    73 Total Sales

    Section Image

  • C

    Buyer's Agent in 2019

    Carole Koeppel

    Sotheby's Intl. Realty, Inc.

    (561) 329-0019

    25 Total Sales

    Section Image

  • B

    Seller's Agent in 2018

    Bill Yahn

    The Corcoran Group

    (561) 655-9081

    14 Total Sales

    Section Image

  • S

    Buyer's Agent in 2018

    SUZANNE FRISBIE

    MCCANN COYNER CLARKE

See All Agents

About The Reef

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-2120

APN: 50-43-44-14-01-002-3040

Florida Palm Beach County Palm Beach 33480

2275 S Ocean Blvd, Palm Beach, FL

This home is located at 2275 S Ocean Blvd, Palm Beach, FL 33480 and is currently priced at $575,000, approximately $307 per square foot. This property was built in 1975. 2275 S Ocean Blvd 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.

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