$2,600,000
SOLD MAY 30, 2025
4 Beds
4 Baths
3,093 Sq Ft
$5,315/mo HOA Fee

Recently Sold

$841 Per Sq Ft

45% Below List Price

98 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Gated with Attendant
  • Roman Tub

About This Home

As of May 2025

Rare 4 bedroom, 4 bathroom apartment with Direct Ocean, Intracoastal, & Golf Course views is now available in Palm Beach's premiere 2500 Building. Spacious floor plan, large primary suite with ensuite bathroom & two walk-in closets, formal dining room, kitchen with breakfast area, and incredible wrap around balcony. The 2500 Building is situated on 8.6 oceanfront acres and offers newly renovated pool area with spa, fitness center, and community room. Amenities also include two car garage parking, 24-hour manned security, and a dedicated door person for each building. Two small pets allowed. Located next door to the Palm Beach Par 3 Golf Course with clubhouse restaurant. Short distance to Palm Beach Tennis Center, Worth Avenue, shopping, dining, and Palm Beach area attractions.

Last Agent to Sell the Property

Thor Brown

Compass Florida LLC (PB) License #3022293 Listed on: 11/22/2024

Compass Florida LLC (PB)

Last Buyer's Agent

Bill Yahn

The Corcoran Group License #3205469

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,362

Year Built

  • Built in 1977

Lot Details

HOA Fees

  • $5,315 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 3,093 Sq Ft Home
  • High Ceiling
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 4 Full Bathrooms
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Washer and Dryer
  • Laundry Tub

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423070010033

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), reserve fund, roof, sewer, trash, water
  • 60 Units
  • 2500 Building Subdivision
  • 5-Story Property

Amenities

Recreation

  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,362

Year Built

Built in 1977

Lot Details

0

HOA Fees

$5,315 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: S. Ocean Blvd. just south of Palm Beach Par 3 Golf Course
  • Year Built: 1977
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3093.0
  • Stories: 5
  • Window Features: Sliding

Exterior Features

  • View: Golf Course, Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Other
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest, Two or More Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Tub
  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 5315.0
  • Community Features: Gated, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Lot Info

  • Parcel #: 50434423070010033
  • Zoning Description: RC

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14362.0

Multi Family

  • Number Of Units In Community: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
May 30, 2025
Sold by
Levy Steven and Allyn L Levy Revocable Trust
Bought by
William D Yahn Of The William D Yahn Revocabl
Seller's Agent
Thor Brown
Compass Florida LLC (PB)
Buyer's Agent
Bill Yahn
The Corcoran Group
List Price
$4,700,000
Sold Price
$2,600,000
Premium/Discount to List
-$2,100,000
-44.68%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
625.83%

Purchase Details

Closed on
Apr 23, 2010
Sold by
Pearlman Barbara K
Bought by
Levy Allyn L and Allyn L Levy Revocable Trust

Purchase Details

Closed on
Dec 6, 2004
Sold by
Pearlman Barbara K and Pearlman Jerry K
Bought by
Pearlman Barbara K and Barbara K Pearlman Trust

Purchase Details

Closed on
Jun 28, 2004
Sold by
Pearlman Barbara K
Bought by
Pearlman Barbara K

Purchase Details

Closed on
Jan 2, 2002
Sold by
Katz Mabel
Bought by
Pearlman Barbara K and Mabel C Katz 2002 Florida Trust

Purchase Details

Closed on
May 24, 2001
Sold by
Pearlman Barbara Jann and Katz Harry
Bought by
Katz Mabel G
Source: Public Records

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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 $2,418,000 None Listed On Document
Warranty Deed $2,418,000 None Listed On Document
Deed $925,000 Attorney
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $2,600,000 -24.6% $841 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $3,450,000 -12.7% $1,115 / Sq Ft
01/15/2025 01/15/25 Price Changed $3,950,000 -6.0% $1,277 / Sq Ft
12/17/2024 12/17/24 Price Changed $4,200,000 -10.6% $1,358 / Sq Ft
11/22/2024 11/22/24 For Sale $4,700,000 -- $1,520 / 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 $14,362 $957,707 -- --
2023 $14,017 $929,813 $0 $0
2022 $14,020 $902,731 $0 $0
2021 $14,280 $876,438 $0 $0
2020 $14,297 $864,337 $0 $0
2019 $14,261 $844,904 $0 $0
2018 $13,559 $829,150 $0 $0
2017 $13,548 $812,096 $0 $0
2016 $13,095 $795,393 $0 $0
2015 $13,539 $789,864 $0 $0
2014 $13,602 $783,595 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11039624

BeachesMLS

APN: 50-43-44-23-07-001-0033