NOT LISTED FOR SALE

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

Estimated Value: $1,346,208 - $1,931,000

2 Beds
2 Baths
1,495 Sq Ft
$1,146/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $685,000 $458 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $12,737/month

215 Days on Market

Highlights

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

About This Home

As of December 2019

Enjoy living at the beach in this two bedroom, two bath apartment at the resort-like 2600 Building. Wonderful direct ocean views from this top floor unit are yours to enjoy from every major room & the large balcony. New impact sliders lead to the balcony which is perfect for relaxing or entertaining. There are Jerusalem tile floors, stainless steel appliances, a wine cooler and a washer and dryer in the unit. Amenities at the 2600 Building include two tennis courts, an exercise room, 24/7 manned gatehouse and two newly installed charging stations for electric cars. The 2600 Building recently underwent complete concrete restoration of all balconies with new railings installed and all roofs replaced. A renovated pool-side cabana is included with this unit. Some furniture is negotiable.

Last Agent to Sell the Property

JUDITH LYONS

William Raveis South Florida License #3213062 Listed on: 05/01/2019

Co-Listed By

KENNETH LYONS

William Raveis South Florida License #3100505

Last Buyer's Agent

BOB JACKSON

Bob Jackson, Inc. License #BK-582236

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $8,494

Year Built

  • Built in 1977

Lot Details

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

HOA Fees

  • $1,469 Monthly HOA Fees

Interior Spaces

  • 1,495 Sq Ft Home
  • Window Treatments
  • Dining Area
  • Storage
  • Home Gym
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Open Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Cabana
  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Tennis Courts

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423060035020

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

$8,494

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,469 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: A1A on east side, just south of the Par 3 Golf Course.
  • Building Name: 2600 Building
  • Year Built: 1977
  • Location Tax Legal:Name of Building: 2600 Building
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 8494.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 1495.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 4405.97
  • 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
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: 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
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Security:Gate House: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Pool:Heated Elec: Yes
  • Restrictions:No Pets Allowed: Yes
  • Floors:StoneBrick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Marble, Stone/Brick, W/W Carpeting
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1495.0
  • Stories: 5
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Cabana, Sprinkler System, Tennis Court - Hard, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court - Hard: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes
  • 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
  • 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 #: 50434423060035020
  • Zoning: R-D(1) - Moderate

Multi Family

  • Number Of Units Total: 80
  • Maintenance Expense: 4405.97

Tax Info

  • Tax Annual Amount: 8494.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Dec 31, 2019
Sold by
Stone Norman and Stone Carol
Bought by
Esposito Robert and Esposito Maria
Seller's Agent
JUDITH LYONS
William Raveis South Florida
Buyer's Agent
BOB JACKSON
Bob Jackson, Inc.
List Price
$685,000
Sold Price
$685,000
Current Estimated Value
$1,819,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,134,591
Avg. Annual Appreciation
19.11%
Original Mortgage
$445,250
Outstanding Balance
$397,579
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,439,281

Purchase Details

Closed on
Jun 20, 2011
Sold by
Russo Joseph P
Bought by
Stone Norman

Purchase Details

Closed on
Mar 17, 2003
Sold by
Saks Clarine P
Bought by
Russo Joseph P

Purchase Details

Closed on
Feb 18, 1999
Sold by
Geller Jerome J
Bought by
Saks Clarine P
Source: Public Records

Range of Values:

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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
Esposito Robert $685,000 Attorney
Stone Norman $800,000 Attorney
Russo Joseph P $415,000 --
Saks Clarine P $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esposito Robert $445,250
Previous Owner Krowicki Jacob W $300,000
Previous Owner Saks Clarine P $337,000
Previous Owner Saks Clarine P $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $685,000 0.0% $458 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $685,000 -- $458 / 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 $16,240 $745,360 -- --
2023 $15,231 $677,600 $0 $1,445,000
2022 $11,102 $616,000 $0 $0
2021 $9,182 $560,000 $0 $560,000
2020 $9,738 $560,000 $0 $560,000
2019 $9,733 $560,000 $0 $560,000
2018 $8,493 $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

  • J

    Seller's Agent in 2019

    JUDITH LYONS

    William Raveis South Florida

  • K

    Seller Co-Listing Agent in 2019

    KENNETH LYONS

    William Raveis South Florida

  • B

    Buyer's Agent in 2019

    BOB JACKSON

    Bob Jackson, Inc.

See All Agents

About 2600 Building

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-1044

APN: 50-43-44-23-06-003-5020

Florida Palm Beach County Palm Beach 33480

2600 S Ocean Blvd Unit 502w, Palm Beach, FL

This home is located at 2600 S Ocean Blvd Unit 502w, Palm Beach, FL 33480 since 01 May 2019 and is currently estimated at $1,713,552, approximately $1,146 per square foot. This property was built in 1977. 2600 S Ocean Blvd Unit 502w 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.

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