$3,250,000

Estimated payment $23,494/month

Total Views 3,807
3 Beds
3 Baths
3,093 Sq Ft
$1,051 Price per Sq Ft

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

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 License #3022293 Listed on: 03/03/2025

Compass Florida, LLC

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $10,741

Year Built

  • Built in 1983

Lot Details

  • Gated Home

HOA Fees

  • $4,615 Monthly HOA Fees

Interior Spaces

  • 3,093 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage
  • Utility Room
  • Home Gym

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Available

Pool

  • Pool and Spa
  • 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

  • Doorman
  • Common Area
  • Elevator

Recreation

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$10,741

Year Built

Built in 1983

Lot Details

0

HOA Fees

$4,615 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: S. Ocean Blvd. just south of Palm Beach Par 3 Golf Course.
  • Building Name: 2500 Building
  • Year Built: 1983
  • Location Tax Legal:Name of Building: 2500 Building
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 10741.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 3093.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 13845.61
  • 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
  • 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
  • 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
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Security:Gate House: 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, Refrigerator-Wine, Freezer, Ice Maker, Oven-Single, Oven-Convection, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cable, Ceiling Fan, Storage, Smoke Alarms, Pantry
  • Living Area: 3093.0
  • 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, Spa, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Impact Windows, Ocean Access- Deeded, Tennis Court - Hard, Clubhouse, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court - Hard: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Pool/Spa: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking 2 Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Gate House, Security System, Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: 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: R-C - Medium Density Residential

Multi Family

  • Number Of Units Total: 60
  • Maintenance Expense: 13845.61

Tax Info

  • Tax Annual Amount: 10741.0
  • Tax Year: 2024

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: Palm Beach Board of REALTORS®

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: Palm Beach Board of REALTORS®

MLS Number: 25-394

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