NOT LISTED FOR SALE

Sutton Place 2778 S Ocean Blvd Unit 108n Palm Beach, FL 33480

Estimated Value: $1,200,793 - $1,472,000

2 Beds
2 Baths
1,542 Sq Ft
$1,149/mo HOA Fee

Last Sold September 11, 2020

Last sale price $782,500 $507 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $9,338/month

371 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Community Pool

About This Home

As of September 2020

Well designed and beautifully renovated Sutton Place apartment with spectacular west, north and unobstructed direct Intracoastal views from large lanai. Lives like a private home. New porcelain floors throughout. Lovely white kitchen with quartz countertops and stainless steel appliances. Gracious entry foyer and split bedrooms. Hurricane impact sliders. Sought after building features garage parking, 24 hour doorperson, fitness center, deeded beach access, and recently redone common areas. Great Palm Beach location near Palm Beach Par 3 Golf Course with new clubhouse and restaurant, Palm Beach Tennis Center, Four Seasons Hotel, and Tideline Resort. Short drive to Worth Avenue and cultural centers. Move right in!

Last Agent to Sell the Property

Joan Wenzel

Douglas Elliman License #597469 Listed on: 08/06/2019

Douglas Elliman

Co-Listed By

Gary Goodwin

Inactive Member License #3364474

Last Buyer's Agent

Mindy Gordon

Douglas Elliman License #3257148

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,435

Year Built

  • Built in 1981

Lot Details

  • 4.02

HOA Fees

  • $1,149 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,542 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio

Listing and Financial Details

  • Assessor Parcel Number 50434423100011080

Community Details

Overview

  • Association fees include management, cable TV, insurance, maintenance structure, parking, pest control, sewer, security, trash, water
  • 76 Units
  • Sutton Place Condo Subdivision
  • 6-Story Property

Amenities

  • Doorman

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,435

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,149 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: S. Ocean Blvd. to 2778, just north of Lake Worth bridge
  • Year Built: 1981
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble
  • Living Area: 1542.0
  • Stories: 6
  • Window Features: Impact Glass

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Door Man, Smoke Detector(s)
  • 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: 1149.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Maintenance Structure, Parking, Pest Control, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434423100011080
  • Lot Size Sq Ft: 175165.0
  • Zoning Description: R-D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3435.0

Multi Family

  • Number Of Units In Community: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2024
Sold by
Sweet Richard Todd and Sweet Sharon
Bought by
Sweet Living Trust and Sweet
Current Estimated Value
$1,354,448

Purchase Details

Listed on
Aug 6, 2019
Closed on
Sep 8, 2020
Sold by
Hecht Leon
Bought by
Sweet Richard and Sweet Sharon
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
Mindy Gordon
Douglas Elliman
List Price
$795,000
Sold Price
$782,500
Premium/Discount to List
-$12,500
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%
Original Mortgage
$626,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2018
Closed on
Apr 4, 2019
Sold by
Cohen John and Cohen John
Bought by
Hecht Leon
Seller's Agent
Todd Peter
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Joan Wenzel
Douglas Elliman
List Price
$749,000
Sold Price
$690,000
Premium/Discount to List
-$59,000
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
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
Sweet Living Trust -- None Listed On Document
Sweet Living Trust -- None Listed On Document
Sweet Richard $782,500 Attorney
Hecht Leon $690,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sweet Richard $626,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $782,500 -1.6% $507 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/06/2019 08/06/19 For Sale $795,000 +15.2% $516 / Sq Ft
04/09/2019 04/09/19 Sold $690,000 -7.9% $447 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
12/10/2018 12/10/18 For Sale $749,000 -- $486 / 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 $12,094 $824,000 -- --
2023 $11,814 $800,000 $0 $800,000
2022 $12,469 $819,000 $0 $0
2021 $10,396 $615,000 $0 $615,000
2020 $8,907 $515,000 $0 $515,000
2019 $8,332 $470,000 $0 $470,000
2018 $3,435 $225,556 $0 $0
2017 $3,419 $220,917 $0 $0
2016 $3,127 $216,373 $0 $0
2015 $3,229 $214,869 $0 $0
2014 $3,242 $213,164 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10552106

BeachesMLS

APN: 50-43-44-23-10-001-1080