NOT LISTED FOR SALE

2600 Building 2600 S Ocean Blvd Unit 501n Palm Beach, FL 33480

Estimated Value: $2,616,000 - $3,402,000

3 Beds
2.5 Baths
2,125 Sq Ft
$2,000/mo HOA Fee

Last Sold August 26, 2022

Last sale price $2,900,000 $1,365 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $21,709/month

71 Days on Market

Highlights

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

About This Home

As of August 2022

DIRECT OCEAN FRONT PENTHOUSE ! Fully renovated and Furnished. The wrap around terrace is 777 sq ft and the sunrises and sunsets will take your breath away ! This full service building offers two har-tru tennis courtsnewly refurbished pool with comfortable lounge chairs. Hot tub, gym, library, party room, bike storage, extra large storage room. This Penthouse comes with a large CABANA equipped with a shower and a bathroom. Fully renovated with marble floors, newer bathrooms, open floorplan, laundry and a lot of storage.The third bedroom, now a den, is opened upto take advantage of the ocean views.

Last Agent to Sell the Property

Jaana Gollan

The Corcoran Group License #3345618 Listed on: 05/16/2022

The Corcoran Group

Last Buyer's Agent

Jessica Duncan

Logan Realty Inc License #3279332

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,823

Year Built

  • Built in 1977

Lot Details

  • Ocean Front

HOA Fees

  • $2,000 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Interior Spaces

  • 2,125 Sq Ft Home
  • Sliding Windows
  • Combination Dining and Living Room
  • Den
  • Marble Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Wrap Around Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434423060015010

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, insurance, parking, pest control, pool(s), reserve fund, roof, sewer, security, trash, water
  • 80 Units
  • High-Rise Condominium
  • Twenty Six Hundred Condo Subdivision
  • 5-Story Property

Amenities

  • Game Room
  • Community Library
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Community Cabanas
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,823

Year Built

Built in 1977

Lot Details

0

HOA Fees

$2,000 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: S Ocean Boulevard to 2600
  • Year Built: 1977
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Washer/Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Living Area: 2125.0
  • Dining Room Type: Den, Laundry, Storage Room
  • Stories: 5
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony, TV Antenna
  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Patio And Porch Features: Wrap Around
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Security: Gated with Guard
  • 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: 2000.0
  • Community Features: Game Room, Gated, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bike Storage, Cabana, Clubhouse, Fitness Center, Library, Management, Pool, Spa/Hot Tub, Storage, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Insurance, Parking, Pest Control, Pool(s), Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434423060015010
  • Zoning Description: R-D(1)

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10823.0

Multi Family

  • Number Of Units In Community: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Aug 26, 2022
Sold by
Reis Arthur H and Reis Marianne
Bought by
Stephen Karl Brenner Revocable Trust
Seller's Agent
Jaana Gollan
The Corcoran Group
Buyer's Agent
Jessica Duncan
Logan Realty Inc
List Price
$3,795,000
Sold Price
$2,900,000
Premium/Discount to List
-$895,000
-23.58%
Current Estimated Value
$2,990,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,215
Avg. Annual Appreciation
1.09%

Purchase Details

Listed on
Nov 10, 2011
Closed on
Apr 30, 2012
Sold by
Morell Chieko and Chieko Morell Revocable Trust
Bought by
Reis Arthur H
Seller's Agent
DONALD GORBACH
The Corcoran Group
Buyer's Agent
Jeffrey Ray
Jeffrey Ray, LLC
List Price
$745,000
Sold Price
$745,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
Jun 17, 2010
Sold by
Schaftel Myra and Schaftel Arnold
Bought by
Leemark Realty L L C

Purchase Details

Closed on
Jun 17, 2004
Sold by
Morell Chieko
Bought by
Morell Cheiko and Chieko Morell Revocable Trust
Source: Public Records

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Range of Values:

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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
Stephen Karl Brenner Revocable Trust $2,900,000 First American Title
Reis Arthur H $745,000 Attorney
Leemark Realty L L C $300,000 Sunbelt Title Agency
Morell Cheiko -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $2,900,000 -23.6% $1,365 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $3,795,000 +409.4% $1,786 / Sq Ft
04/30/2012 04/30/12 Sold $745,000 0.0% $355 / Sq Ft
04/30/2012 04/30/12 Sold $745,000 0.0% $377 / Sq Ft
03/31/2012 03/31/12 Pending -- -- --
03/21/2012 03/21/12 Pending -- -- --
11/10/2011 11/10/11 For Sale $745,000 -16.8% $355 / Sq Ft
03/10/2010 03/10/10 For Sale $895,000 -- $453 / 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 $36,615 $2,392,500 -- --
2023 $33,127 $2,175,000 $0 $2,175,000
2022 $10,636 $695,428 $0 $0
2021 $10,823 $675,173 $0 $0
2020 $10,834 $665,851 $0 $0
2019 $10,804 $650,881 $0 $0
2018 $10,267 $638,745 $0 $0
2017 $10,256 $625,607 $0 $0
2016 $9,953 $612,739 $0 $0
2015 $10,290 $608,480 $0 $0
2014 $10,336 $603,651 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10800624

BeachesMLS

APN: 50-43-44-23-06-001-5010