$1,025,000
SOLD MAR 28, 2025

Sutton Place 2778 S Ocean Blvd Unit 103 Palm Beach, FL 33480

2 Beds
2 Baths
1,780 Sq Ft
$1,981/mo HOA Fee

Recently Sold

$576 Per Sq Ft

31% Below List Price

143 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Garden View

About This Home

As of March 2025

Discover the ultimate coastal lifestyle in this beautifully renovated two-bedroom residence, nestled in an exclusive enclave along the Intracoastal Waterway. Enjoy stunning views from an extra-wide patio, perfect for relaxation or entertaining. This home features modern finishes and an open layout, ensuring comfort and style. With its desirable south exposure, this condo is bathed with natural light all day , creating a bright and inviting atmosphere. Stay active with a fully equipped gym on-site, offering convenience just steps from your door. Experience luxury living with direct access to pristine beaches and the serene beauty of the Intracoastal.

Last Agent to Sell the Property

STEPHANIE LEFES

Sotheby's Intl. Realty, Inc. License #3086165 Listed on: 11/01/2024

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Wendy Bowes

The Corcoran Group License #3188024

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,735

Year Built

  • Built in 1981

HOA Fees

  • $1,981 Monthly HOA Fees

Interior Spaces

  • 1,780 Sq Ft Home
  • Bar
  • Entrance Foyer
  • Tile Flooring
  • Garden Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Home Security

Parking

  • Over 1 Space Per Unit
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Patio

Listing and Financial Details

  • Assessor Parcel Number 50434423100021030

Community Details

Overview

  • Association fees include management, insurance, maintenance structure, pest control, pool(s), sewer, trash, water, internet
  • Sutton Place Condo Subdivision
  • 5-Story Property

Amenities

  • Doorman
  • Bike Room
  • Community Storage Space
  • Community Wi-Fi

Recreation

  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,735

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,981 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South Ocean Blvd North of Four Seasons Resort
  • Year Built: 1981
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1780.0
  • Stories: 5
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Door Man
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1981.0
  • Community Features: Clubhouse, Internet Access, Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Spa/Hot Tub, Storage, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Structure, Pest Control, Pool(s), Sewer, Trash, Water, Internet

Lot Info

  • Parcel #: 50434423100021030
  • Zoning Description: R-D(2)

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7735.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Mar 28, 2025
Sold by
Benjamin Bruce J and Benjamin Nathan
Bought by
Malbin Debra and Kaplan Jeffrey
Seller's Agent
STEPHANIE LEFES
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Wendy Bowes
The Corcoran Group
List Price
$1,475,000
Sold Price
$1,025,000
Premium/Discount to List
-$450,000
-30.51%
Views
11
Current Estimated Value
$1,054,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,657
Avg. Annual Appreciation
9.16%

Purchase Details

Closed on
Mar 17, 2021
Sold by
Benjamin Ryan Z and Rita M Benjamin Revocable Trus
Bought by
Benjamin Bruce J and Benjamin Cary M

Purchase Details

Closed on
Aug 19, 2016
Sold by
Benjamin Gerald P
Bought by
Benjamin Rita M
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 $1,025,000 None Listed On Document
Warranty Deed $1,025,000 None Listed On Document
Deed Of Distribution -- Attorney
Quit Claim Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $1,025,000 -18.0% $576 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
02/25/2025 02/25/25 Price Changed $1,250,000 -9.1% $702 / Sq Ft
02/10/2025 02/10/25 Price Changed $1,375,000 -6.8% $772 / Sq Ft
11/01/2024 11/01/24 For Sale $1,475,000 +217.2% $829 / Sq Ft
04/29/2016 04/29/16 Sold $465,000 0.0% $261 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $465,000 -- $261 / Sq Ft
Source: BeachesMLS

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 $15,297 $1,000,000 -- --
2023 $7,735 $375,100 $0 $0
2022 $7,455 $341,000 $0 $0
2021 $5,447 $310,000 $0 $310,000
2020 $5,525 $310,000 $0 $310,000
2019 $5,511 $310,000 $0 $310,000
2018 $4,818 $270,000 $0 $270,000
2017 $4,908 $270,000 $0 $0
2016 $4,741 $270,000 $0 $0
2015 $4,929 $269,500 $0 $0
2014 $4,546 $245,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11033346

BeachesMLS

APN: 50-43-44-23-10-002-1030