NOT LISTED FOR SALE

The Presidents of Palm Beach 2505 S Ocean Blvd Unit 4020 Palm Beach, FL 33480

Estimated Value: $380,102 - $457,000

1 Bed
1 Bath
788 Sq Ft
$855/mo HOA Fee

Last Sold June 01, 2023

Last sale price $430,000 $546 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,507/month

18 Days on Market

Highlights

  • Doorman
  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Palm Beach Public School Rated A-
  • Golf Course Community
  • Fitness Center

About This Home

As of June 2023

Nestled between the Atlantic Ocean & the Intracoastal is this one bedroom waterfront ''jewel'' on the north side of the President offering a huge extended balcony with spectacular sunsets from every room! An open, light-filled updated Kitchen & Bath & spacious Living & Dining area. The President of Palm Beach has furnished lobbies on all seven floors and resort-style amenities including a 24-hr door person, gym, media/card room, private boat dock, lushly landscaped pool & private deeded beach for residents & tenants only. The Palm Beach Par 3 public Golf Course is adjacent to the President and overlooks the ocean. Minutes from Worth Ave, fine dining, shopping, art galleries & PBI Intl Ap make living the FLORIDA lifestyle dream a reality! By Appt Only

Last Agent to Sell the Property

LoriAnn Santarpia

The Corcoran Group License #3139216 Listed on: 03/06/2023

The Corcoran Group

Last Buyer's Agent

LoriAnn Santarpia

The Corcoran Group License #3139216 Listed on: 03/06/2023

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,632

Year Built

  • Built in 1970

Lot Details

  • 2.78

HOA Fees

  • $855 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 4th floor
  • Concrete Roof

Interior Spaces

  • 788 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Home Security

  • Home Security System
  • Security Lights

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Air
  • No Heating
  • Municipal Trash

Additional Features

  • Saltwater Pool

Listing and Financial Details

  • Assessor Parcel Number 50434423010004020

Community Details

Overview

  • Association fees include management, common areas, hot water, insurance, laundry, legal/accounting, maintenance structure, parking, pest control, pool(s), recreation facilities, reserve fund, roof, sewer, security, trash, water
  • High-Rise Condominium
  • President Of Palm Beach C Subdivision
  • 7-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Community Library
  • Laundry Facilities
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,632

Year Built

Built in 1970

Lot Details

0

HOA Fees

$855 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A, On the Intracoastal Waterway side of the island beside the Palm Beach Par 3 Golf Course
  • Year Built: 1970
  • Architectural Style: High Rise
  • Entry Level: 4
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Living/Dining Room, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Living Area: 788.0
  • Stories: 7

Exterior Features

  • View: Golf Course, Intercoastal
  • Pool Features: Heated, None, Salt Water, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Security System, Door Man, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 855.0
  • Community Features: Boat Facilities, Golf, Golf Course Community, Non-Gated, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Golf Course, Laundry, Library, Management, Pool, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Hot Water, Insurance, Laundry, Legal/Accounting, Maintenance Structure, Parking, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434423010004020
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3632.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2025
Sold by
Golde Lea Marie
Bought by
Sargen Oscar Francisco and Sargen Idalmys
Current Estimated Value
$413,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,300
Outstanding Balance
$278,831
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$134,445

Purchase Details

Listed on
Mar 6, 2023
Closed on
May 30, 2023
Sold by
Terri Berlin Acrish 2020 Trust
Bought by
Golde Lea Marie
Seller's Agent
LoriAnn Santarpia
The Corcoran Group
Buyer's Agent
LoriAnn Santarpia
The Corcoran Group
List Price
$395,000
Sold Price
$430,000
Premium/Discount to List
$35,000
8.86%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.54%

Purchase Details

Closed on
Mar 21, 2002
Sold by
Hackel Magda
Bought by
Acrish Solomon and Acrish Terri

Purchase Details

Closed on
Apr 14, 1997
Sold by
Hackel Magda
Bought by
Hackel Magda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Sargen Oscar Francisco $399,000 First American Title Insurance
Golde Lea Marie $430,000 None Listed On Document
Acrish Solomon $82,500 --
Hackel Magda $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sargen Oscar Francisco $279,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2023 06/01/23 Sold $430,000 +8.9% $546 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $395,000 -- $501 / Sq Ft
Source: BeachesMLS

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
2025 $5,755 $362,000 -- --
2024 $5,755 $362,000 -- --
2023 $4,073 $211,750 $0 $0
2022 $3,632 $192,500 $0 $0
2021 $3,202 $175,000 $0 $175,000
2020 $2,997 $160,000 $0 $160,000
2019 $2,908 $155,000 $0 $155,000
2018 $2,563 $135,000 $0 $135,000
2017 $2,606 $135,000 $0 $0
2016 $2,591 $145,000 $0 $0
2015 $2,571 $133,100 $0 $0
2014 $2,326 $121,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    LoriAnn Santarpia

    The Corcoran Group

    (561) 543-4052

    27 Total Sales

    LoriAnn Santarpia
    Section Image
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About The Presidents of Palm Beach

Map

Source: BeachesMLS

MLS Number: R10871340

BeachesMLS

APN: 50-43-44-23-01-000-4020

Florida Palm Beach County Palm Beach 33480

2505 S Ocean Blvd Unit 4020, Palm Beach, FL

Not Listed for Sale

Condos

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