$375,000
SOLD APR 2, 2015

2600 Building 2600 S Ocean Blvd Unit 502S Palm Beach, FL 33480

2 Beds
2 Baths
1,495 Sq Ft
$1,244/mo HOA Fee

Recently Sold

$251 Per Sq Ft

257 Days on Market

Highlights

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

About This Home

As of November 2018

Estate sale in oceanfront building. This is an excellent opportunity to bring your personal taste to this large 2BR/2BA unit with breathtaking ocean views and a spacious balcony, perfect for entertaining family and friends. The 2600 Building sits on one of Palm Beach’s best locations and offers a manned gated entry, full-time manager, 2 Har-Tru tennis courts, fitness room, pool & spa, and and covered beachside chaises. Just a short distance on a serene stretch of beach leads you straight to the Four Seasons Resort and the new Raymond Floyd Par 3 (ranked number one globally), or dine at the Pizza Al Fresco restaurant or other fine dining. Minutes to PBI Airport and local shopping.

Last Agent to Sell the Property

JUDITH LYONS

THE FITE GROUP Listed on: 06/05/2014

Co-Listed By

BECKY BUZZELLI

SCOTT GORDON REALTY ASSOCIATES

Last Buyer's Agent

BILL KIRK

MARTHA A. GOTTFRIED, INC. 0200

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $6,597

Year Built

  • Built in 1977

Lot Details

  • Property fronts an intracoastal waterway
  • North Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

  • $1,244 Monthly HOA Fees

Interior Spaces

  • 1,495 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Storage
  • Home Gym
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Open Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Tennis Courts

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423060025020

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 80 Units
  • 2600 Building Community
  • On-Site Maintenance
  • 5-Story Property

Amenities

  • Common Area
  • Lobby
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$6,597

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,244 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Over Lake Worth Bridge to South Ocean Blvd., left to 2600 Building on ocean side.
  • 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: 6597.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 1495.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 3731.1
  • 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
  • Waterfront-Unit:Living Room View: 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:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Pets:Pets Allowed: No
  • Security:Gate House: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Pool:Heated Elec: Yes
  • Restrictions:No Pets Allowed: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Single, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Cable, Ceiling Fan, Storage, Smoke Alarms
  • Living Area: 1495.0
  • Stories: 5
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, Sprinkler System, Tennis Court - Clay, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Tennis Court-Clay: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes
  • Parking:Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434423060025020
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 80
  • Maintenance Expense: 3731.1

Tax Info

  • Tax Annual Amount: 6597.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Nov 12, 2018
Sold by
Overbeck Harriet
Bought by
Ludwig Bryan
Seller's Agent
JUDITH LYONS
THE FITE GROUP-Luxury Homes PB
Buyer's Agent
Matthias Fretz
Douglas Elliman-Jupiter
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,914,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,064,600
Avg. Annual Appreciation
15.65%
Original Mortgage
$637,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2014
Closed on
Apr 2, 2015
Sold by
Parlow Carol Marion
Bought by
Overbeck Harriet
Seller's Agent
JUDITH LYONS
THE FITE GROUP
Buyer's Agent
BILL KIRK
MARTHA A. GOTTFRIED, INC. 0200
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.36%
Original Mortgage
$200,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 2013
Sold by
Krongold Parlow Reva
Bought by
Parlow Carol Marion
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 $850,000 Attorney
Warranty Deed $375,000 None Available
Warranty Deed $135,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $590,000 New Conventional
Closed $637,500 New Conventional
Previous Owner $200,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2018 11/14/18 Sold $850,000 0.0% $542 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $850,000 +126.7% $542 / Sq Ft
04/02/2015 04/02/15 Sold $375,000 0.0% $251 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
06/05/2014 06/05/14 For Sale $375,000 0.0% $251 / Sq Ft
06/17/2013 06/17/13 Rented $1,800 -40.0% --
05/18/2013 05/18/13 Under Contract -- -- --
04/01/2013 04/01/13 For Rent $3,000 -- --
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 $7,809 $529,793 -- --
2023 $7,608 $514,362 $0 $0
2022 $7,598 $499,381 $0 $0
2021 $7,735 $484,836 $0 $0
2020 $7,738 $478,142 $0 $0
2019 $7,714 $467,392 $0 $0
2018 $7,834 $490,000 $0 $490,000
2017 $8,547 $490,000 $0 $0
2016 $7,579 $435,000 $0 $0
2015 $7,770 $423,500 $0 $0
2014 $7,086 $385,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-1223

APN: 50-43-44-23-06-002-5020