$3,250,000
$349K PRICE DROP

Estimated payment $23,667/month

Total Views 3,094
3 Beds
3 Baths
3,093 Sq Ft
$1,051 Price per Sq Ft

Highlights

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

About This Home

Experience unparalleled luxury in this totally ''gut'' renovated 3 bedroom, 3 bathroom residence with ocean-to-lake views, offering total privacy with no neighboring units in view. Designed with the highest quality finishes and materials, this exquisite apartment features oak hardwood and marble flooring, a dramatic book-matched marble entertainment center, a waterfall marble island, and polished nickel hardware. The chef's kitchen boasts top-tier Thermador appliances, while all new plumbing, electrical, and communication systems ensure modern convenience. Move-in ready and immaculate, this home includes two garage spaces with an EV charging station. Set on over 9 acres of prime oceanfront with 60 residences, the 2500 Building offers premier Palm Beach living. Best value on the market.

Listing Agent

Thor Brown

Compass Florida LLC (PB) License #3022293 Listed on: 03/03/2025

Compass Florida LLC (PB)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,741

Year Built

  • Built in 1983

Lot Details

HOA Fees

  • $4,615 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 3,093 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Home Security System
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434423070010042

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, sewer, security, trash, water
  • 60 Units
  • Twenty Five Hundred South Subdivision
  • 5-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,741

Year Built

Built in 1983

Lot Details

0

HOA Fees

$4,615 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: 1983
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood, Marble, Wood
  • Living Area: 3093.0
  • Dining Room Type: Den
  • Stories: 5
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Ocean, Pool
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Other
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Gated with Guard
  • 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: 4615.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Spa/Hot Tub, Storage, Tennis Court(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Lot Info

  • Parcel #: 50434423070010042
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10741.0

Multi Family

  • Number Of Units In Community: 60

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,741 $754,524 -- --
2023 $10,511 $732,548 $0 $0
2022 $10,509 $711,212 $0 $0
2021 $10,660 $690,497 $0 $0
2020 $10,677 $680,964 $0 $0
2019 $10,696 $668,552 $0 $0
2018 $10,739 $656,086 $0 $0
2017 $10,725 $642,592 $0 $0
2016 $10,239 $629,375 $0 $0
2015 $10,586 $625,000 $0 $0
2014 $10,724 $625,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Price Changed $3,250,000 -9.7% $1,051 / Sq Ft
03/03/2025 03/03/25 For Sale $3,599,000 +431.6% $1,164 / Sq Ft
02/20/2019 02/20/19 Sold $677,000 0.0% $261 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
02/01/2018 02/01/18 For Sale $677,000 -- $261 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $677,000 Attorney
Warranty Deed $500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,400 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $625,000 Unknown
Source: Public Records

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Source: BeachesMLS

MLS Number: R11067443

BeachesMLS

APN: 50-43-44-23-07-001-0042