$3,250,000

Estimated payment $23,623/month

Total Views 4,111
3 Beds
3 Baths
2,726 Sq Ft
$1,192 Price per Sq Ft

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

Experience stunning Ocean views from this beautiful 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. High ceilings, impact sliders, custom cabinetry, and newly updated kitchen & bathrooms. Enjoy direct beach & pool access from your patio. 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 porter for each building. Two small pets allowed. Located next door to the Palm Beach Par 3 Golf Course with clubhouse restaurant. Short distance to Worth Avenue, shopping, dining, and Palm Beach area attractions.

Listing Agent

Thor Brown

Compass Florida, LLC License #3022293 Listed on: 11/04/2024

Compass Florida, LLC

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $10,838

Year Built

  • Built in 1978

Lot Details

  • Home has sun exposure from multiple directions
  • Gated Home

HOA Fees

  • $4,615 Monthly HOA Fees

Interior Spaces

  • 2,726 Sq Ft Home
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

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

Parking

  • Garage
  • Parking Available

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Tennis Courts
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434423070020041

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
  • Elevator

Recreation

Pet Policy

  • Small pets allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$10,838

Year Built

Built in 1978

Lot Details

0

HOA Fees

$4,615 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: S. Ocean Blvd. south of Palm Beach Par 3 Golf Course.
  • Building Name: 2500 Building
  • Year Built: 1978
  • Location Tax Legal:Name of Building: 2500 Building
  • Location Tax Legal:Zoned: RC
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 10838.3
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 2726.0
  • 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
  • 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:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Security:Gate House: Yes
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Pets:Pet Type: Both
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood, Marble, W/W Carpeting
  • Interior Amenities: Cable, Storage, Smoke Alarms
  • Living Area: 2726.0
  • Stories: 5
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Spa, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai, Impact Doors, Ocean Access- Deeded, Tennis Court - Hard, Elevator, Exercise Room, Lobby
  • 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:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Pool/Spa: Yes

Garage/Parking

  • Parking:Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Gate House, Security Guards, Security System
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility, Other Services
  • 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 #: 50434423070020041
  • Zoning: RC

Multi Family

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

Tax Info

  • Tax Annual Amount: 10838.3
  • Tax Year: 2023

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: Palm Beach Board of REALTORS®

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

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Source: Palm Beach Board of REALTORS®

MLS Number: 24-1615

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