$677,000
SOLD FEB 20, 2019
3 Beds
3 Baths
2,590 Sq Ft
$2,642/mo HOA Fee

Recently Sold

$261 Per Sq Ft

365 Days on Market

Highlights

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

About This Home

As of February 2019

Situated on over eight acres of ocean to lake grounds, this gracious apartment welcomes you with a double door entry into a wide foyer. Travertine floors unify the home and extend throughout the living room, dining room, eat-in kitchen, office and all bedrooms. Electric hurricane shutters at every sliding door, opening to 1,000 square foot wrap-around balcony with East, South, and West views that include ocean, Intracoastal and the gardens. Unit has two garage parking spaces.

The 2500 Building is one of Palm Beach's most sought-after buildings, offering luxurious resort-style amenities, minutes from the famed Worth Ave. Enjoy the newly renovated club house next to the sophisticated new pool area, walk along a charming path to the building's secluded beach or play a game of tennis on the two lakeside tennis courts.
Impeccably maintained, concrete restoration has been recently completed. The building offers 24/7 gated security and porter service and is pet friendly (2 - 40 lbs. or less).

Last Agent to Sell the Property

JUDITH LYONS

William Raveis South Florida License #3213062 Listed on: 02/01/2018

Last Buyer's Agent

Bill Yahn

The Corcoran Group License #3158295

The Corcoran Group

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $10,725

Year Built

  • Built in 1983

Lot Details

  • Home has sun exposure from multiple directions
  • Gated Home

HOA Fees

  • $2,642 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,590 Sq Ft Home
  • Ceiling Fan
  • Dining Room
  • Storage
  • Utility Room
  • Home Gym
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Single Convection Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Tennis Courts

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Property is near a clubhouse

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434423070010042

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 60 Units
  • 2500 Building Community
  • On-Site Maintenance
  • 5-Story Property

Amenities

  • Common Area

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$10,725

Year Built

Built in 1983

Lot Details

0

HOA Fees

$2,642 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Just south of Par 3 Golf Course on east side of A1A.
  • Building Name: 2500 Building
  • Year Built: 1983
  • Location Tax Legal:Name of Building: 2500 Building
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 10725.0
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Living Area: 2590.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 7925.32
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 60
  • General Property Description:_pound_ Floors: 5.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Security System: 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
  • Floors:Marble: Yes
  • Security:Gate House: Yes
  • Exposure of Unit:West2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Single, Oven-Convection, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Marble
  • Interior Amenities: Cable, Ceiling Fan, Storage, Smoke Alarms, Pantry
  • Living Area: 2590.0
  • Stories: 5
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Ocean Access- Deeded, Tennis Court - Hard, Clubhouse, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court - Hard: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Gate House, Security System
  • 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 #: 50434423070010042
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 60
  • Maintenance Expense: 7925.32

Tax Info

  • Tax Annual Amount: 10725.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2023
Sold by
Yahn William David
Bought by
Yahn William D

Purchase Details

Listed on
Feb 1, 2018
Closed on
Feb 20, 2019
Sold by
Golboro Alan and Golboro Betty Jane
Bought by
Yahn William David
Seller's Agent
JUDITH LYONS
William Raveis South Florida
Buyer's Agent
Bill Yahn
The Corcoran Group
List Price
$677,000
Sold Price
$677,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.06%
Original Mortgage
$350,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Chait Doris
Bought by
Golboro Alan
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 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

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: 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 $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

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-284

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