NOT LISTED FOR SALE

Sutton Place 2778 S Ocean Blvd Unit 302N Palm Beach, FL 33480

Estimated Value: $1,127,000 - $1,389,000

2 Beds
2 Baths
1,830 Sq Ft
$681/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $1,210,000 $661 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,765/month

63 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Home fronts a seawall
  • Outdoor Pool

About This Home

As of August 2024

This southwest view is among the most stunning at Sutton Place and is the largest two bedroom floor plan. Desirable luxury building with finest amenities including Private Beach Access, 24 hour doorman, newly equipped Gym, beautiful fully functional Clubhouse on the Intracoastal with full kitchen, entertainment and BBQ. No current special assessments. New roofs being installed now. Sutton Place is the only PB Intracoastal building with garage parking available under 2M.
Impact glass and laundry inside. Not pet friendly.

Last Agent to Sell the Property

STEPHANIE LEFES

Sotheby's International Realty, Inc. License #3086165 Listed on: 06/12/2024

Sotheby's International Realty, Inc.

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,640

Year Built

  • Built in 1981

Lot Details

HOA Fees

  • $1,981 Monthly HOA Fees

Interior Spaces

  • 1,830 Sq Ft Home
  • Storage
  • Utility Room
  • Home Gym
  • Marble Flooring

Kitchen

  • Single Oven
  • Electric Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Parking

  • 1 Car Garage
  • Open Parking

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Property has ocean access
  • Bulkhead

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 50434423100013020

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 76 Units
  • Sutton Place Community
  • On-Site Maintenance
  • 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

$3,640

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,981 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Sutton Place
  • Year Built: 1981
  • Location Tax Legal:Name of Building: Sutton Place
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 3639.83
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 1830.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1980.66
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 76
  • General Property Description:_pound_ Floors: 5.0
  • Pool:Pool3: 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:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Marble: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Pool:Heated Elec: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Marble, Other Flooring
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included
  • Living Area: 1830.0
  • Stories: 5
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Seawall/Bulkhead, Impact Doors, Impact Windows, Ocean Access- Deeded, Clubhouse, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Clubhouse: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry in Unit
  • 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, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434423100013020
  • Zoning: R-D(1) - Moderate

Multi Family

  • Number Of Units Total: 76
  • Maintenance Expense: 1980.66

Tax Info

  • Tax Annual Amount: 3639.83
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 30, 2024
Sold by
Coale John P and Coale Van Susteren
Bought by
Zeid George Abi and Zeid Rita Abi
Seller's Agent
STEPHANIE LEFES
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,400,000
Sold Price
$1,210,000
Premium/Discount to List
-$190,000
-13.57%
Views
71
Current Estimated Value
$1,246,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,336
Avg. Annual Appreciation
2.75%

Purchase Details

Listed on
Sep 22, 2023
Closed on
Nov 11, 2023
Sold by
Janet A Rosenow Trust and Rosenow Michael
Bought by
Coale John P and Coale Van Susteren
Seller's Agent
Gail Rosenow
Gail Rosenow Realty LLC
Buyer's Agent
HAROLD PAULL, JR.
Brown Harris Stevens of Palm Beach 0039
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%

Purchase Details

Closed on
Mar 31, 2001
Sold by
Janet Posenow I
Bought by
Rosenow Janet Trus A

Purchase Details

Closed on
Aug 14, 1998
Sold by
Nationsbank Tr and Clifton A Anderson Tr
Bought by
Rosenow Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 1996
Sold by
Anderson Anne W
Bought by
Nationsbank Na South
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
Zeid George Abi $1,210,000 None Listed On Document
Coale John P $1,100,000 All Florida Land Title
Coale John P $1,100,000 All Florida Land Title
Rosenow Janet Trus A -- --
Rosenow Janet $205,000 --
Nationsbank Na South $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nationsbank Na South $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $1,210,000 -13.6% $661 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $1,400,000 +27.3% $765 / Sq Ft
11/15/2023 11/15/23 Sold $1,100,000 -8.3% $601 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $1,200,000 -- $656 / 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 $14,107 $920,000 -- --
2023 $3,640 $260,505 $0 $0
2022 $3,690 $252,917 $0 $0
2021 $3,754 $245,550 $0 $0
2020 $3,749 $242,160 $0 $0
2019 $3,731 $236,716 $0 $0
2018 $3,545 $232,302 $0 $0
2017 $3,529 $227,524 $0 $0
2016 $3,238 $222,844 $0 $0
2015 $3,345 $221,295 $0 $0
2014 $3,357 $219,539 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-944

APN: 50-43-44-23-10-001-3020