NOT LISTED FOR SALE

2560 S Ocean Blvd Unit 601 Palm Beach, FL 33480

Estimated Value: $531,338 - $855,000

2 Beds
2 Baths
1,239 Sq Ft
$555/mo HOA Fee

Last Sold April 06, 2020

Last sale price $474,000 $383 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,565/month

44 Days on Market

Highlights

  • Ocean View
  • Lake Front
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Roman Tub

About This Home

As of April 2020

Some of the Most incredible views of the intracoastal waterways on the Island of Palm Beach. Gorgeous wrap around balcony! Dramatic sunrises & sunsets. No Door person to contend with. Lovely Pool on the intracoastal. 4 Covered parking spaces. Low HOA. Very chicly furnished. This lovely nest in the sky has it all with deeded beach access. Steps to the Par 3 Golf Course and Pizza Al Fresco, The Four Seasons, and the Eau Spa and Resort. Minutes North to Downtown Palm Beach.

Last Agent to Sell the Property

Michael Harris

The Corcoran Group License #3256876 Listed on: 01/22/2020

The Corcoran Group

Co-Listed By

Ryan Gaines

Douglas Elliman License #3367239

Last Buyer's Agent

Laura Halprin

HomeSmart License #3014425

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1970

Lot Details

  • Lake Front
  • Property fronts an intracoastal waterway

HOA Fees

  • $555 Monthly HOA Fees

Property Views

  • Ocean
  • Intracoastal
  • Bay
  • Lake
  • Pool

Home Design

  • Entry on the 6th floor
  • Tar and Gravel Roof

Interior Spaces

  • 1,239 Sq Ft Home
  • Built-In Features
  • Sliding Windows
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Over 1 Space Per Unit
  • Deeded Parking

Outdoor Features

  • Balcony
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423200006010

Community Details

Overview

  • Association fees include management, common areas, insurance, laundry, legal/accounting, ground maintenance, maintenance structure, pest control, pool(s), roof, sewer, trash, water
  • 73 Units
  • High-Rise Condominium
  • 2560 South Ocean Boulevar Subdivision
  • 7-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,889

Year Built

Built in 1970

Lot Details

0

HOA Fees

$555 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95, East to A1A either north from Lake Worth Bridge or South from Southern bridge to 2560 S Ocean Blvd.
  • Year Built: 1970
  • Architectural Style: High Rise
  • Entry Level: 6
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Garden Tub/Roman Tub, Living/Dining Room, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1239.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 7
  • Window Features: Drapes, Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Bay, Intercoastal, Lake, Ocean, Pool, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Wrap Around
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Garage Yn: No
  • Parking Features: Covered, Deeded, Garage, Two or More Spaces

Utilities

  • Security: Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 555.0
  • Community Features: Park, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Laundry, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434423200006010
  • Lot Size Sq Ft: 93458.0
  • Zoning Description: R-D(1)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3889.0

Multi Family

  • Number Of Units In Community: 73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Apr 3, 2020
Sold by
Leddy Gerard
Bought by
Rivellini Anthony and Rivellini Dawn
Seller's Agent
Michael Harris
The Corcoran Group
Buyer's Agent
Laura Halprin
HomeSmart
List Price
$489,000
Sold Price
$474,000
Premium/Discount to List
-$15,000
-3.07%
Current Estimated Value
$662,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,085
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
Aug 24, 2009
Sold by
Ramos Roberto D
Bought by
Leddy Gerard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2007
Sold by
Whitehouse 94 Llc
Bought by
Ramos Roberto D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,230
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Rivellini Anthony $425,000 Premier Title Company Ltd
Leddy Gerard $212,000 Clear Title Of South Fl Inc
Ramos Roberto D -- Clear Title Of South Fl Inc
Ramos Roberto D $658,900 Gables Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leddy Gerard $147,000
Previous Owner Ramos Roberto D $461,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2020 04/06/20 Sold $474,000 -3.1% $383 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $489,000 -- $395 / 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
2024 $6,117 $387,321 -- --
2023 $5,647 $352,110 $0 $0
2022 $5,536 $320,100 $0 $0
2021 $4,818 $291,000 $0 $291,000
2020 $4,317 $266,000 $0 $266,000
2019 $3,905 $226,000 $0 $226,000
2018 $3,713 $226,000 $0 $226,000
2017 $3,739 $216,000 $0 $0
2016 $3,210 $181,000 $0 $0
2015 $3,232 $175,000 $0 $0
2014 $3,076 $164,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Harris

    The Corcoran Group

    (407) 837-6635

    23 Total Sales

    Michael Harris
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Ryan Gaines

    Douglas Elliman

    (917) 363-8858

    14 Total Sales

    Ryan Gaines
    Section Image
  • Laura Halprin

    Buyer's Agent in 2020

    Laura Halprin

    HomeSmart

    (561) 271-7069

    37 Total Sales

    Laura Halprin
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10594449

BeachesMLS

APN: 50-43-44-23-20-000-6010

Florida Palm Beach County Palm Beach 33480

2560 S Ocean Blvd Unit 601, Palm Beach, FL

This home is located at 2560 S Ocean Blvd Unit 601, Palm Beach, FL 33480 since 22 January 2020 and is currently estimated at $662,085, approximately $534 per square foot. This property was built in 1970. 2560 S Ocean Blvd Unit 601 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Lake Worth Community Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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