NOT LISTED FOR SALE

2720 S Ocean Blvd Unit 317 Palm Beach, FL 33480

Estimated Value: $297,000

2 Beds
2 Baths
932 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $120,000 $129 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $2,816/month

395 Days on Market

Highlights

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

About This Home

As of June 2019

Located in pristine Palm Beach, this Edgewater House unit includes two bedrooms, two bathrooms and an open concept kitchen space. The Edgewater House is a quaint building with a mere 35 units and features amenities including a pool overlooking the Intracoastal and exclusive beach access across the street. Close to the beach, the Four Seasons Hotel, the Tideline Hotel, and downtown Lake Worth, this building is the ideal location for anyone. Play a round of golf at the Palm Beach Par 3 golf course or partake in a friendly match at the Phipps Tennis Courts. This unit is offered fully furnished, ready for you to call home!

Last Agent to Sell the Property

JUDITH LYONS

Hilton Hilton Palm Beach LLC License #3213062 Listed on: 04/12/2018

Co-Listed By

Kenneth Lyons

Hilton Hilton Palm Beach LLC License #3100505

Last Buyer's Agent

Gary Goodwin

Inactive member License #3364474

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $1,957

Year Built

  • Built in 1967

Lot Details

  • 1.9 Acre Lot
  • Property fronts an intracoastal waterway

HOA Fees

  • $893 Monthly HOA Fees

Interior Spaces

  • 932 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • Open Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423170003170

Community Details

Overview

  • Association fees include management, cable TV, insurance, laundry, ground maintenance, parking, pool(s), reserve fund, roof, sewer, trash, water
  • Twenty Seven Hundred S Oc Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Co-Op

Est. Annual Taxes

$1,957

Year Built

Built in 1967

Lot Details

0

HOA Fees

$893 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Stock Cooperative
  • Property Sub Type Additional: Stock Cooperative
  • Directions: A1A on Intracoastal, North of Lake Worth Bridge.
  • Year Built: 1967
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Eat-in Kitchen, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 932.0
  • Stories: 3

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Open

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 893.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Laundry, Management, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Laundry, Maintenance Grounds, Parking, Pool(s), Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434423170003170
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 82981.0
  • Zoning Description: R-D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1957.0

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
$297,000

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
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
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
06/12/2019 06/12/19 Sold $120,000 -29.4% $129 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
04/12/2018 04/12/18 For Sale $170,000 -- $182 / 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: R10422690

BeachesMLS

APN: 50-43-44-23-17-000-3170