$745,000
SOLD APR 30, 2012

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

3 Beds
2.5 Baths
1,976 Sq Ft
$1,200/mo HOA Fee

Recently Sold

$377 Per Sq Ft

17% Below List Price

751 Days on Market

Highlights

  • Ocean Front
  • Gated with Attendant
  • Community Pool
  • Palm Beach Public School Rated A-
  • Sauna
  • Game Room

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

Gorbach Realty License #3460597 Listed on: 03/10/2010

Last Buyer's Agent

Jeffrey Ray

Jeffrey Ray LLC License #3063557

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,188

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • Lake Front
  • Northeast Facing Home

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • Open Parking

Property Views

Interior Spaces

  • 1,976 Sq Ft Home
  • Wet Bar
  • Bar
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50434423060015010

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, parking, recreation facilities, sewer, security, water
  • High-Rise Condominium
  • 2600 Building Subdivision
  • 5-Story Property

Amenities

  • Sauna
  • Game Room
  • Elevator

Recreation

  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,188

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A, North of the Ritz Carlton
  • Year Built: 1980
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Entrance Foyer, Living/Dining Room, Pantry, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1976.0
  • Dining Room Type: Den
  • Stories: 5

Exterior Features

  • View: Intercoastal, Ocean
  • Pool Features: None, Community
  • View: Yes
  • Waterfront Features: Lake Front, Ocean Front
  • Waterfront: Yes
  • Direction Faces: Northeast

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Laundry Features: Laundry Tub
  • Security: Gated with Guard, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 1200.0
  • Community Features: Fitness, Game Room, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Sewer, Security, Water

Lot Info

  • Parcel #: 50434423060015010
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2009
  • Tax Annual Amount: 6188.0

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: 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: R3093311

BeachesMLS

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