$3,250,000
$450K PRICE DROP

Estimated payment $22,682/month

Total Views 5,771
3 Beds
3 Baths
2,726 Sq Ft
$1,192 Price per Sq Ft

Highlights

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

About This Home

Experience stunning Ocean views from this beautifully renovated 3 bedroom, 3 bathroom apartment in Palm Beach's premiere 2500 Building. The private Oceanfront terrace boasts breathtaking vistas & wraps around to an expansive, tropical landscaped patio area, ideal for entertaining. With high ceilings, impact sliders, custom cabinetry, and newly updated kitchen & bathrooms, this luxurious apartment is move-in ready. Enjoy direct beach & pool access from your apartment. 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.

Listing Agent

Thor Brown

Compass Florida LLC License #3022293 Listed on: 11/01/2024

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,838

Year Built

  • Built in 1978

HOA Fees

  • $4,615 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Garage Door Opener
  • Guest Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,726 Sq Ft Home
  • High Ceiling
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

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

Additional Features

  • Patio

Listing and Financial Details

  • Assessor Parcel Number 50434423070020041

Community Details

Overview

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

Amenities

  • Doorman
  • Sauna
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,838

Year Built

Built in 1978

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. south of Palm Beach Par 3 Golf Course.
  • Year Built: 1978
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood, Marble, Wood
  • Living Area: 2726.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 5
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block, Other
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Closed Circuit Camera(s), Door Man, 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: 4615.0
  • Community Features: Gated, Property Manager On-Site, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Sauna, Storage, Tennis Court(s), Trash, 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, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434423070020041
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10838.0

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 $37,882 $2,500,000 -- --
2023 $10,838 $718,081 $0 $0
2022 $10,835 $697,166 $0 $0
2021 $11,041 $676,860 $0 $0
2020 $11,050 $667,515 $0 $0
2019 $11,020 $652,507 $0 $0
2018 $10,482 $640,341 $0 $0
2017 $10,468 $627,170 $0 $0
2016 $9,979 $614,270 $0 $0
2015 $10,317 $610,000 $0 $0
2014 $10,452 $610,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 Price Changed $3,250,000 -12.2% $1,192 / Sq Ft
11/01/2024 11/01/24 For Sale $3,700,000 +300.0% $1,357 / Sq Ft
05/15/2013 05/15/13 Sold $925,000 -21.3% $357 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
12/06/2012 12/06/12 For Sale $1,175,000 -- $454 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,900,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $925,000 Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $705,000 --
Warranty Deed $1,100,000 Classic Title & Abstract Inc
Warranty Deed $900,000 --
Warranty Deed $850,000 --
Warranty Deed $325,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $380,000 New Conventional
Source: Public Records

Source: BeachesMLS

MLS Number: R11033441

BeachesMLS

APN: 50-43-44-23-07-002-0041