$690,000
SOLD APR 9, 2019

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

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

Recently Sold

$447 Per Sq Ft

8% Below List Price

89 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

Sensational direct Intracoastal views from this spacious 2-bedroom, 2-bath apartment located on the lanai level with floor-to-ceiling doors and windows looking out to an expansive waterfront terrace and gardens. Kitchen has granite countertops, breakfast area and doors leading outside. The master bedroom offers a walk-in closet, en-suite bath with dual sinks and a separate tub and shower. Sutton Place has recently completed upgrades to the lobby, hallways, elevators, pool and gym. The building offers 24-hour concierge, a doorman, full time manager, pool overlooking the water, gym, sauna, and deeded beach access. Unit also comes with one garage space and one uncovered parking space.

Last Agent to Sell the Property

Todd Peter

Sotheby's Intl. Realty, Inc. License #3049697 Listed on: 12/10/2018

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Joan Wenzel

Douglas Elliman License #597469

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,419

Year Built

  • Built in 1981

HOA Fees

  • $1,149 Monthly HOA Fees

Parking

  • 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

Additional Features

  • Patio
  • Central Heating and Cooling System

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
  • High-Rise Condominium
  • Sutton Place 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

$3,419

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,149 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: S Ocean Blvd south to Sutton Place Condo.
  • Year Built: 1981
  • Architectural Style: High Rise
  • Entry Level: 1
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

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
  • View: Intercoastal
  • 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
  • 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
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 1149.0
  • Community Features: 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
  • Zoning Description: RD-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3419.0

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
Not Available
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $782,500 Attorney
Warranty Deed $690,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $626,000 New Conventional
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

  • Joan Wenzel

    Seller's Agent in 2020

    Joan Wenzel

    Douglas Elliman

    (561) 371-5743

    72 Total Sales

    Joan Wenzel
    Section Image

  • G

    Seller Co-Listing Agent in 2020

    Gary Goodwin

    Inactive Member

  • M

    Buyer's Agent in 2020

    Mindy Gordon

    Douglas Elliman

    (561) 302-3133

    116 Total Sales

    Mindy Gordon
    Section Image

  • T

    Seller's Agent in 2019

    Todd Peter

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    70 Total Sales

    Todd Peter
    Section Image
See All Agents

About Sutton Place

Map

Source: BeachesMLS

MLS Number: R10487190

BeachesMLS

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

Florida Palm Beach County Palm Beach 33480

2778 S Ocean Blvd Unit 108n, Palm Beach, FL

This home is located at 2778 S Ocean Blvd Unit 108n, Palm Beach, FL 33480 and is currently priced at $690,000, approximately $447 per square foot. This property was built in 1981. 2778 S Ocean Blvd Unit 108n 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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