NOT LISTED FOR SALE

2720 S Ocean Blvd Unit 119 Palm Beach, FL 33480

Estimated Value: $378,000

2 Beds
2 Baths
1,158 Sq Ft
$326/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $400,000 $345 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,554/month

486 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Community Wi-Fi
  • Palm Beach Public School Rated A-
  • Elevator
  • Bike Room

About This Home

As of June 2021

Beautiful ground floor 2 bedroom 2 bath, with tropical lanai just steps from oversized, heated swimming pool. Tastefully renovated kitchen and bathrooms. Granite counters, Upgraded appliances including induction range and French door refrigerator. Both baths have large walk-in showers and comfort-level commodes. Many upgrades including Hunter Douglas window coverings, 17'' diagonal set tile, remote fans and 3 wall TV's . Impact windows, updated 4-panel glass patio doors and storm shutters. Immaculate move-in condition. Don't miss this one! Owner Motivated! Edgewater House is a lovely boutique building on Palm Beach Island with only 34 units located on the Intracoastal. Deeded beach access. Conveniently located to shopping, restaurants, golf, I-95 and airport

Last Agent to Sell the Property

Kimberly Johnston

Saba Realty License #3342746 Listed on: 01/02/2020

Last Buyer's Agent

Kimberly Johnston

Saba Realty License #3342746 Listed on: 01/02/2020

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $2,408

Year Built

  • Built in 1967

Lot Details

  • 1.9 Acre Lot
  • Property fronts an intracoastal waterway

HOA Fees

  • $1,089 Monthly HOA Fees

Property Views

  • Intracoastal
  • Pool

Interior Spaces

  • 1,158 Sq Ft Home
  • 3-Story Property
  • Furnished or left unfurnished upon request
  • Blinds
  • Combination Dining and Living Room
  • Impact Glass

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Seawall

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 50434423170001190

Community Details

Overview

  • Association fees include management, common areas, HVAC, hot water, insurance, laundry, ground maintenance, parking, pest control, pool(s), roof, sewer, trash, water, internet
  • Twenty Seven Hundred S Oc Subdivision

Amenities

  • Community Library
  • Elevator
  • Bike Room
  • Community Storage Space
  • Community Wi-Fi

Recreation

  • Fitness Center

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Co-Op

Est. Annual Taxes

$2,408

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,089 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Stock Cooperative
  • Property Sub Type Additional: Stock Cooperative
  • Directions: Between Southern Blvd and Lake Worth Bridges on South Ocean Blvd to 2720 on Intracoastal
  • Year Built: 1967
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1158.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • Window Features: Blinds, Drapes, Impact Glass

Exterior Features

  • View: Intercoastal, Pool
  • Pool Features: None
  • Waterfront Features: Intracoastal Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1089.0
  • Community Features: Internet Access, Non-Gated, Property Manager On-Site
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Library, Management, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, HVAC, Hot Water, Insurance, Laundry, Maintenance Grounds, Parking, Pest Control, Pool(s), Roof, Sewer, Trash, Water, Internet

Lot Info

  • Parcel #: 50434423170001190
  • Lot Size Sq Ft: 82981.0
  • Zoning Description: R-D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2408.0

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
$378,000

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

Listed on
Jan 2, 2020
Closed on
Jun 11, 2021
Sold by
Harber and Ronda
Bought by
2720 Pb Ump Llc
Seller's Agent
Kimberly Johnston
Saba Realty
Buyer's Agent
Kimberly Johnston
Saba Realty
List Price
$294,500
Sold Price
$400,000
Premium/Discount to List
$105,500
35.82%
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
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 Leasehold 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
06/02/2021 06/02/21 Sold $400,000 +35.8% $345 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
01/02/2020 01/02/20 For Sale $294,500 -- $254 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10588682

BeachesMLS

APN: 50-43-44-23-17-000-1190