$300,000
RENTED JAN 31, 2025

2720 S Ocean Blvd Unit 114 Palm Beach, FL 33480

1 Bed
1 Bath
962 Sq Ft
$312 Price per Sq Ft

Last Sold July 12, 2019

Last sale price $240,000 $249 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,957/month

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Business Center
  • Palm Beach Public School Rated A-
  • Community Pool
  • Balcony

About This Home

As of January 2025

Located on Palm Beach island, this ground floor apt. has 1 bedroom, 1 bath, massive walk-in closet, washer/dryer, and garden views. Apt. has upgraded kitchen appliances and finishes throughout. As a part of the Ambassador Hotel and Residences, tenants have access to a full-range of amenities including 2 heated pools, fitness center, private beach with chairs & cabanas, on-site restaurant, The Ambassador Grill, business center, 24/7 front desk, on-site maintenance and management as well as a Pilates studio. Onsite communal laundry available. Unlimited parking. Tenant pays Electric and cable/Wi-Fi. Housekeeping & covered parking available. Come experience the serene ambiance at this historically preserved gem.

Last Agent to Rent the Property

Erica Gillam

The Corcoran Group License #3265486 Listed on: 01/18/2025

The Corcoran Group

Last Renter's Agent

Erica Gillam

The Corcoran Group License #3265486 Listed on: 01/18/2025

The Corcoran Group

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1967

Lot Details

  • Property fronts an intracoastal waterway

Property Views

  • Intracoastal
  • Pool

Interior Spaces

  • 962 Sq Ft Home
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Over 1 Space Per Unit
  • Guest Parking

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Property Available on 1/18/25
  • Assessor Parcel Number 50434423170001140

Community Details

Overview

  • Edgewater House Subdivision

Amenities

  • Business Center
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Apartment

Year Built

Built in 1967

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2025-01-18

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Apartment
  • Property Sub Type Additional: Apartment
  • Directions: North of the Lake Worth Bridge, South of the Southern Bridge, 4 properties north of the Four Seasons Intracoastal side.
  • Year Built: 1967
  • Entry Level: 2
  • Special Features: None

Interior Features

  • Interior Amenities: Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 962.0

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Pool
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Security Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Business Center, Fitness Center, Laundry, Management, Pool, Trash
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434423170001140
  • Land Lease Amount Frequency: Monthly
  • Lot Size: 1 to < 2 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2022
Sold by
Edgewater House Corporation
Bought by
Palm Beach Edgewater Fee Borrower Llc
Current Estimated Value
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000,000
Outstanding Balance
$101,558,888
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2021
Sold by
Lois Engle Udelson Living Trust
Bought by
2720 Pb Ump Llc
Source: Public Records

Range of Values:

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Average Value
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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
Palm Beach Edgewater Fee Borrower Llc -- --
Palm Beach Edgewater Fee Borrower Llc -- None Listed On Document
Palm Beach Edgewater Fee Borrower Llc $10,226,052 --
Palm Beach Edgewater Fee Borrower Llc $10,226,052 None Listed On Document
2720 Pb Ump Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palm Beach Edgewater Fee Borrower Llc $105,000,000
Closed Palm Beach Edgewater Fee Borrower Llc $105,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Rented $3,000 0.0% --
01/18/2025 01/18/25 Under Contract -- -- --
01/18/2025 01/18/25 For Rent $3,000 0.0% --
07/12/2019 07/12/19 Sold $240,000 -26.2% $278 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $325,000 +225.0% $377 / Sq Ft
04/23/2018 04/23/18 Sold $100,000 0.0% $116 / Sq Ft
04/23/2018 04/23/18 Sold $100,000 0.0% $116 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/24/2018 03/24/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $100,000 -43.2% $116 / Sq Ft
09/18/2017 09/18/17 For Sale $176,000 -- $204 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2025

    Erica Gillam

    The Corcoran Group

    (419) 566-1558

    2 Total Sales

    Section Image

  • G

    Seller's Agent in 2019

    Gary Goodwin

    Inactive member

  • K

    Buyer's Agent in 2019

    Ken Benedict

    Waterfront Properties & Club C

    (561) 722-8961

    46 Total Sales

    Section Image

  • J

    Seller's Agent in 2018

    Joseph DeFina

    Sotheby's International Realty, Inc.

    Section Image
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Map

Source: BeachesMLS

MLS Number: R11053771

BeachesMLS

APN: 50-43-44-23-17-000-1140

Florida Palm Beach County Palm Beach 33480

2720 S Ocean Blvd Unit 114, Palm Beach, FL

This home is located at 2720 S Ocean Blvd Unit 114, Palm Beach, FL 33480 since 18 January 2025 and is currently priced at $300,000. This property was built in 1967. 2720 S Ocean Blvd Unit 114 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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