$1,850,000
SOLD APR 22, 2025

Sutton Place 2778 S Ocean Blvd Unit N101 Palm Beach, FL 33480

2 Beds
2 Baths
1,542 Sq Ft
$2,124/mo HOA Fee

Recently Sold

$1,200 Per Sq Ft

12% Below List Price

46 Days on Market

Highlights

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

About This Home

As of April 2025

The most beautiful panorama of the Intracoastal has just become available! An amazing opportunity for anyone who would like to see the water from every room. This spacious, two-bedroom condo offers a rare combination of features—those 180-degree water views that feel as if you were piloting your own boat, a wrap-around lanai, personal Cabana (13), garage, and outdoor parking spot. Inside, the condo has been renovated with modern style, lots of extras, and top-shelf finishes. The building's pool, gym, and clubhouse, really elevate the living experience. Plus, the deeded beach access, right across the street, in such a desirable location on Palm Beach Island is huge!

Last Agent to Sell the Property

STEPHANIE LEFES

Sotheby's International Realty, Inc. License #3086165 Listed on: 02/03/2025

Sotheby's International Realty, Inc.

Last Buyer's Agent

STEPHANIE LEFES

Sotheby's International Realty, Inc. License #3086165 Listed on: 02/03/2025

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $10,245

Year Built

  • Built in 1981

Lot Details

  • West Facing Home

HOA Fees

  • $2,124 Monthly HOA Fees

Interior Spaces

  • 1,542 Sq Ft Home
  • Dining Area
  • Storage
  • Utility Room
  • Home Gym
  • Tile Flooring

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Available
  • Open Parking

Pool

  • Cabana
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Bulkhead
  • Patio
  • Lanai

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 50434423100011010

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
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$10,245

Year Built

Built in 1981

Lot Details

0

HOA Fees

$2,124 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: S ocean Blvd north of the Four seasons resort on Palm Beach Island.
  • 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: No
  • Location Tax Legal:Taxes2: 10244.59
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 1542.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 2123.93
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 76
  • General Property Description:_pound_ Floors: 5.0
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: 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
  • Pets:Pets Allowed: No
  • Exposure of Unit:West2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Smoke Alarms, Pantry
  • Living Area: 1542.0
  • Stories: 5
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai, Cabana, Seawall/Bulkhead, Impact Doors, Impact Windows, Ocean Access- Deeded, Clubhouse, Elevator, Exercise Room
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Clubhouse: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:Open Parking: Yes
  • Parking 1 Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

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 #: 50434423100011010
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 76
  • Maintenance Expense: 2123.93

Tax Info

  • Tax Annual Amount: 10244.59
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Apr 22, 2025
Sold by
Fatica Anthony M and Fatica Annette
Bought by
Granet Valerie J
Seller's Agent
STEPHANIE LEFES
Sotheby's International Realty, Inc.
Buyer's Agent
STEPHANIE LEFES
Sotheby's International Realty, Inc.
List Price
$2,100,000
Sold Price
$1,850,000
Premium/Discount to List
-$250,000
-11.9%
Views
5
Current Estimated Value
$1,892,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,994
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Dec 6, 2002
Sold by
Lombardo Peter C
Bought by
Fatica Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.07%
Source: Public Records

Range of Values:

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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 $1,850,000 None Listed On Document
Warranty Deed $1,850,000 None Listed On Document
Warranty Deed $380,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,000 New Conventional
Previous Owner $75,000 No Value Available
Previous Owner $183,000 New Conventional
Previous Owner $252,600 Unknown
Previous Owner $250,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Sold $1,850,000 -11.9% $1,200 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $2,100,000 -- $1,362 / 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 $6,811 $685,465 -- --
2023 $10,245 $623,150 $0 $0
2022 $9,975 $566,500 $0 $0
2021 $8,773 $515,000 $0 $515,000
2020 $8,907 $515,000 $0 $515,000
2019 $8,332 $470,000 $0 $470,000
2018 $8,077 $470,000 $0 $470,000
2017 $7,935 $470,000 $0 $0
2016 $7,465 $399,300 $0 $0
2015 $7,404 $363,000 $0 $0
2014 $6,430 $330,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 25-213

APN: 50-43-44-23-10-001-1010