$745,000
SOLD APR 30, 2012

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

3 Beds
2 Baths
2,100 Sq Ft
$1,200/mo HOA Fee

Recently Sold

$355 Per Sq Ft

132 Days on Market

Highlights

  • Direct Ocean View
  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of August 2022

Direct ocean Penthouse! 1000 sq. ft. wrap around terrace with incredible ocean and Intracoastal views. Amazing NE corner unit. Full amenities, 24/7 security, tennis, fitness and much more!

Last Agent to Sell the Property

DONALD GORBACH

The Corcoran Group Listed on: 11/10/2011

Last Buyer's Agent

Jeffrey Ray

Jeffrey Ray, LLC License #BK-3063557

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $6,696

Year Built

  • Built in 1977

Lot Details

  • Property fronts an intracoastal waterway
  • Home has East and West Exposure
  • Gated Home

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 2,100 Sq Ft Home
  • Wet Bar
  • Dining Room
  • Home Gym
  • Tile Flooring
  • Hurricane or Storm Shutters

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 50434423060015010

Community Details

Overview

  • Association fees include insurance, cable TV, trash, pest control, sewer, water
  • 80 Units
  • 2600 Building Community
  • 5-Story Property

Amenities

  • Lobby
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$6,696

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: A1A, North of the Ritz Carlton
  • Building Name: 2600 Building
  • Year Built: 1977
  • Location Tax Legal:Name of Building: 2600 Building
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 6695.82
  • Location Tax Legal:Tax Year2: 2010
  • General Property Description:Living Area: 2100.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 3600.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 80
  • General Property Description:_pound_ Floors: 5.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Building:Ocean - Direct: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Security:Gate House: Yes
  • Exposure of Unit:West2: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Cable, Wet Bar, Wndw Trmnts Included
  • Living Area: 2100.0
  • Stories: 5
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, Clubhouse, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Gate House
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434423060015010
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 80
  • Maintenance Expense: 3600.0

Tax Info

  • Tax Annual Amount: 6695.82
  • Tax Year: 2010

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
$2,825,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,760
Avg. Annual Appreciation
1.05%

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 Type Sale Price Title Company
Warranty Deed $2,900,000 First American Title
Warranty Deed $745,000 Attorney
Warranty Deed $300,000 Sunbelt Title Agency
Interfamily Deed Transfer -- --
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: Palm Beach Board of REALTORS®

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: Palm Beach Board of REALTORS®

MLS Number: 11-2498

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