NOT LISTED FOR SALE

Sutton Place 2778 S Ocean Blvd Unit 204s Palm Beach, FL 33480

Estimated Value: $1,052,000 - $1,635,000

3 Beds
3 Baths
2,266 Sq Ft
$563/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $560,000 $247 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $8,689/month

188 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of July 2018

MOST DESIRABLE INTRACOASTAL BUILDING! SUTTON PLACE HAS DEEDED BEACH ACCESS,DOORMAN AND GARAGE PARKING.THIS CORNER 3/3 UNIT IS CONFIGURED LIKE A HOME HAVING AN ABUNDANCE OF NATURAL LIGHT AND WRAP AROUND BALCONY. JUST COMPLETED A NEW FULL RENOVATION WITH UPSCALE INTERIORS & OPENED FLOOR PLAN.PRICED TO SELL QUICKLY. ALL THE COMMON AREA SPACES HAVE JUST BEEN REDECORATED WITH AN UPDATED DESIGN, INCLUDING A TOP OF THE LINE NEW GYM. LOCATED JUST NORTH OF THE FOUR SEASONS RESORT AND SPA AND WALKING DISTANCE TO PAR 3 GOLF COURSE AND NEW RESTAURANT ON THE BEACH.

Last Agent to Sell the Property

STEPHANIE LEFES

Sotheby's International Realty, Inc. License #3086165 Listed on: 12/08/2017

Sotheby's International Realty, Inc.

Last Buyer's Agent

ERIC DITRI

WATERFRONT PROPERTIES & CLUB COMMUNITIES

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,432

Year Built

  • Built in 1981

Lot Details

  • Northeast Facing Home

HOA Fees

  • $1,381 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 2,266 Sq Ft Home
  • Dining Area
  • Storage
  • Utility Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 50434423100022040

Community Details

Overview

  • Association fees include insurance, cable TV, common area, trash, pest control, sewer, water
  • 76 Units
  • Sutton Place Community
  • 5-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$3,432

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,381 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: SOUTH OCEAN BLVD ACROSS AND JUST NORTH OF THE FOUR SEASONS RESORT AND SPA.
  • Building Name: Sutton Place
  • Year Built: 1981
  • Location Tax Legal:Name of Building: Sutton Place
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 3431.52
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 2266.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1380.91
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 76
  • General Property Description:_pound_ Floors: 5.0
  • Waterfront-Unit:Living Room View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Pool:Heated Elec: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Ice Maker, Washer, Dryer, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Cable, Storage
  • Living Area: 2266.0
  • Stories: 5
  • Interior Features:Storage: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Ocean Access- Deeded, Clubhouse, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Other Security, Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434423100022040
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 76
  • Maintenance Expense: 1380.91

Tax Info

  • Tax Annual Amount: 3431.52
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Jun 15, 2018
Sold by
Youssefieh Kamran and Youssefieh Sormeh
Bought by
Lyons Maurice
Seller's Agent
STEPHANIE LEFES
Sotheby's International Realty, Inc.
Buyer's Agent
ERIC DITRI
WATERFRONT PROPERTIES & CLUB COMMUNITIES
List Price
$560,000
Sold Price
$560,000
Current Estimated Value
$1,274,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,980
Avg. Annual Appreciation
12.02%
Original Mortgage
$420,000
Outstanding Balance
$364,043
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$910,937

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 18, 2017
Sold by
Mintz Steven
Bought by
Youssefieh Kamran and The Youssefien Family Trust And Kazem Re
Seller's Agent
DOMINIQUE MAUGER
Coldwell Banker Realty
Buyer's Agent
STEPHANIE LEFES
Lowell Int'l Realty Group. Inc
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.13%
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
Lyons Maurice $560,000 Premier Title Company Ltd
Youssefieh Kamran $340,000 Sunbelt Title Agency
Youssefiseh Akhtar Kamran -- Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Maurice $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $560,000 0.0% $247 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $560,000 +64.7% $247 / Sq Ft
05/19/2017 05/19/17 Sold $340,000 0.0% $150 / Sq Ft
05/19/2017 05/19/17 Sold $340,000 0.0% $150 / Sq Ft
04/20/2017 04/20/17 For Sale $340,000 -13.9% $150 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $394,900 -- $174 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $6,584 $453,482 -- --
2023 $6,414 $440,274 $0 $0
2022 $6,402 $427,450 $0 $0
2021 $6,511 $415,000 $0 $415,000
2020 $6,608 $415,000 $0 $415,000
2019 $6,742 $415,000 $0 $415,000
2018 $6,855 $395,000 $0 $395,000
2017 $6,990 $395,000 $0 $0
2016 $3,432 $233,590 $0 $0
2015 $3,545 $231,966 $0 $0
2014 $3,558 $230,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    STEPHANIE LEFES

    Sotheby's International Realty, Inc.

    (561) 789-2393

    41 Total Sales

    STEPHANIE LEFES
    Section Image

  • E

    Buyer's Agent in 2018

    Eric Ditri

    Waterfront Properties & Club Communities

    (561) 252-1960

    19 Total Sales

    Eric Ditri
    Section Image

  • D

    Seller's Agent in 2017

    DOMINIQUE MAUGER

    Coldwell Banker Realty

  • Joseph Rosenberger

    Seller's Agent in 2017

    Joseph Rosenberger

    Coldwell Banker Realty

    (914) 497-7035

    4 Total Sales

    Joseph Rosenberger
    Section Image
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About Sutton Place

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-2519

APN: 50-43-44-23-10-002-2040

Florida Palm Beach County Palm Beach 33480

2778 S Ocean Blvd Unit 204s, Palm Beach, FL

This home is located at 2778 S Ocean Blvd Unit 204s, Palm Beach, FL 33480 since 08 December 2017 and is currently estimated at $1,274,980, approximately $562 per square foot. This property was built in 1981. 2778 S Ocean Blvd Unit 204s 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.

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