NOT LISTED FOR SALE

Sutton Place 2778 S Ocean Blvd Unit 407s Palm Beach, FL 33480

Estimated Value: $1,367,000 - $1,566,000

2 Beds
2 Baths
1,830 Sq Ft
$808/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $1,300,000 $710 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,090/month

62 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Heated Pool and Spa
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of April 2023

Stunning one of a kind Palm Beach Island Condo! Renovated, newly painted 2 Bed, 2.1 Bath with extra spacious balcony facing north/west, including views of Atlantic Intracoastal. Unit includes 2 parking spaces, 1 indoor and 1 outdoor. Modern kitchen with stainless steel Bosch appliances. Open floor plan/1830 sq ft/ generous size rooms. New Google Nest Thermostat. 3 walk in custom closets. Matching porcelain flooring extends from interior onto exterior balcony with newly painted railings. Hurricane Impact Windows. Sutton Place Condo is a well run full service condo with onsite Manager: newly refinished and painted building facade, 24/7 doorman, new lobby/hallways, gym, sauna, whirlpool, pool, clubhouse with kitchen, lounge, and barbecue patio and gated deeded beach access across the street. The Four Seasons, Raymond Floyd Par 3 Golf Course/ Phipps Ocean Park and Tennis, PBI Airport nearby. No pets allowed.

Last Agent to Sell the Property

Gina Sisti

Brown Harris Stevens of Palm Beach 5225 License #3541015 Listed on: 11/21/2022

Brown Harris Stevens of Palm Beach 5225

Last Buyer's Agent

STEPHANIE LEFES

Sotheby's International Realty, Inc. License #3086165

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $9,686

Year Built

  • Built in 1981

Lot Details

  • North Facing Home

HOA Fees

  • $1,347 Monthly HOA Fees

Interior Spaces

  • 1,830 Sq Ft Home
  • Window Treatments
  • Dining Area
  • Storage
  • Utility Room
  • Home Gym

Kitchen

  • Convection Oven
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Open Parking

Pool

  • Heated Pool and Spa
  • Outdoor 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

  • Homestead Exemption
  • Assessor Parcel Number 50434423100024070

Community Details

Overview

  • Association fees include common area, maintenance exterior, trash, pest control, 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

$9,686

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,347 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: North of Lake Worth Bridge on South Ocean Blvd, North of Four Seasons Resort and Spa, across the street
  • Building Name: Sutton Place
  • Year Built: 1981
  • Location Tax Legal:Name of Building: Sutton Place
  • Location Tax Legal:Zoned: R-D(2) - Heavy Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 9686.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 1830.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1347.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 76
  • General Property Description:_pound_ Floors: 5.0
  • Waterfront-Unit:Master Bedroom View: Yes
  • 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:Security System: 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:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Pool:Heated Elec: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Services Included:Club Facilities: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Ice Maker, Oven-Convection, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other Flooring
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1830.0
  • Stories: 5
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Spa, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Ocean Access- Deeded, Clubhouse, Elevator, Exercise Room, Lobby, Other (See Remarks)
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Pool/Spa: Yes
  • Exterior Features:Clubhouse: Yes
  • Exterior Features:Other (See Remarks)7: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes
  • Parking:Open Parking: Yes

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Common Area, Maintenance Exterior, Trash, Pest Control, Water

Lot Info

  • Parcel #: 50434423100024070
  • Zoning: R-D(2) - Heavy Density

Multi Family

  • Number Of Units Total: 76
  • Maintenance Expense: 1347.0

Tax Info

  • Tax Annual Amount: 9686.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Apr 3, 2023
Sold by
Sisti Andrew and Sisti Gina
Bought by
Diana L Paxton Revocable Living Trust
Seller's Agent
Gina Sisti
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
STEPHANIE LEFES
Sotheby's International Realty, Inc.
List Price
$1,300,000
Sold Price
$1,300,000
Views
22
Current Estimated Value
$1,478,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,937
Avg. Annual Appreciation
5.74%

Purchase Details

Listed on
May 3, 2021
Closed on
Dec 3, 2021
Sold by
Cheng Yau Ching and Quinn William J
Bought by
Sisti Andrew and Sisti Gina
Seller's Agent
STEPHANIE LEFES
Sotheby's Intl. Realty, Inc.
Buyer's Agent
STEPHANIE LEFES
Sotheby's Intl. Realty, Inc.
List Price
$975,000
Sold Price
$963,000
Premium/Discount to List
-$12,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.52%
Original Mortgage
$548,250
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2015
Closed on
Mar 4, 2016
Sold by
Silken David R
Bought by
Cheng Yau Ching
Seller's Agent
STEPHANIE LEFES
Sotheby's International Realty, Inc.
Buyer's Agent
STEPHANIE LEFES
Lowell Int'l Realty Group. Inc
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.21%

Purchase Details

Closed on
May 28, 2013
Sold by
Silken Stanley S and Silken Sylvia B
Bought by
Silken Stanley S
Source: Public Records

Range of Values:

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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
Diana L Paxton Revocable Living Trust $1,300,000 None Listed On Document
Diana L Paxton Revocable Living Trust $1,300,000 None Listed On Document
Sisti Andrew $963,000 Premier Title Company Ltd
Cheng Yau Ching $350,000 Secure Land Title & Escrow S
Cheng Yau Ching -- Secure Land Title & Escrow S
Silken Stanley S -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sisti Andrew $548,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $1,300,000 0.0% $710 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
11/08/2022 11/08/22 For Sale $1,300,000 +35.0% $710 / Sq Ft
12/07/2021 12/07/21 Sold $963,000 -1.2% $526 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $975,000 +178.6% $533 / Sq Ft
03/04/2016 03/04/16 Sold $350,000 0.0% $191 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
08/13/2015 08/13/15 For Sale $350,000 -- $191 / 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 $6,904 $480,000 -- --
2023 $9,851 $630,000 $0 $630,000
2022 $9,568 $631,800 $0 $0
2021 $5,772 $330,000 $0 $330,000
2020 $5,855 $330,000 $0 $330,000
2019 $5,867 $330,000 $0 $330,000
2018 $5,144 $290,000 $0 $290,000
2017 $5,491 $305,000 $0 $0
2016 $5,343 $305,000 $0 $0
2015 $2,740 $192,026 $0 $0
2014 $2,749 $190,502 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gina Sisti

    Seller's Agent in 2023

    Gina Sisti

    Brown Harris Stevens of Palm Beach 5225

    (914) 629-0049

    16 Total Sales

    Section Image

  • S

    Buyer's Agent in 2023

    STEPHANIE LEFES

    Sotheby's International Realty, Inc.

    (561) 789-2393

    42 Total Sales

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About Sutton Place

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-1624

APN: 50-43-44-23-10-002-4070

Florida Palm Beach County Palm Beach 33480

2778 S Ocean Blvd Unit 407s, Palm Beach, FL

This home is located at 2778 S Ocean Blvd Unit 407s, Palm Beach, FL 33480 since 21 November 2022 and is currently estimated at $1,478,937, approximately $808 per square foot. This property was built in 1981. 2778 S Ocean Blvd Unit 407s 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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