NOT LISTED FOR SALE

Sutton Place 2778 S Ocean Blvd Unit Ph 4 Palm Beach, FL 33480

Estimated Value: $2,266,000 - $2,387,000

3 Beds
3 Baths
2,796 Sq Ft
$1,252/mo HOA Fee

Last Sold May 06, 2013

Last sale price $712,500 $255 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $14,155/month

85 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Deck
  • Palm Beach Public School Rated A-
  • Clubhouse
  • Marble Flooring

About This Home

As of May 2013

Penthouse Unit with views of Intracoastal and Ocean. Wrap around terrace for outdoor entertaining. Unit offers 3 bedrooms, 3 baths, large living room, dining room and eat in kitchen. Building has 24 hour security, doorman, full time manager.

Last Agent to Sell the Property

Susan Van Pelt

Sotheby's Intl. Realty, Inc. License #3234736 Listed on: 01/10/2013

Sotheby's Intl. Realty, Inc.

Co-Listed By

Todd Peter

Sotheby's Intl. Realty, Inc. License #3049697

Last Buyer's Agent

Auli Beliaev

Partnership Realty Inc. License #3244837

Partnership Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,361

Year Built

  • Built in 1981

Lot Details

  • East Facing Home

HOA Fees

  • $1,252 Monthly HOA Fees

Property Views

Interior Spaces

  • 2,796 Sq Ft Home
  • Bar
  • Entrance Foyer

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Parquet
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50434423100015040

Community Details

Overview

  • 76 Units
  • Sutton Place Condo Subdivision
  • 5-Story Property

Amenities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,361

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,252 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A just north of the Four Seasons Resort and Spa
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble, Parquet
  • Living Area: 2796.0
  • Stories: 5

Exterior Features

  • Exterior Features: Deck, Patio
  • View: Intercoastal, Ocean
  • Pool Features: None, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1252.0
  • Community Features: Clubhouse, Fitness, Pool
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Lot Info

  • Parcel #: 50434423100015040
  • Zoning Description: RB

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 7361.0

Multi Family

  • Number Of Units In Community: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2024
Sold by
Sullivan David T and Sullivan Rita
Bought by
Coale John P and Coale Van Susteren
Current Estimated Value
$2,313,701

Purchase Details

Closed on
Aug 25, 2020
Sold by
Cummings Gary and Cummings Doris
Bought by
Sullivan David T and Sullivan Rita

Purchase Details

Listed on
Jan 10, 2013
Closed on
May 3, 2013
Sold by
Mandell Bernice and Bernice Mandell Revocable Trus
Bought by
Cummings Gary
Seller's Agent
Susan Van Pelt
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Auli Beliaev
Partnership Realty Inc.
List Price
$749,000
Sold Price
$712,500
Premium/Discount to List
-$36,500
-4.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%

Purchase Details

Listed on
Jan 10, 2013
Closed on
Mar 18, 2013
Sold by
Mandell Bernice and Abe Mandell Revocable Trust
Bought by
Mandell Bernice and Bernice Mandell Revocable Trust
Seller's Agent
Susan Van Pelt
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Auli Beliaev
Partnership Realty Inc.
List Price
$749,000
Sold Price
$712,500
Premium/Discount to List
-$36,500
-4.87%

Purchase Details

Closed on
May 15, 1996
Sold by
Michael A Dritz Tr
Bought by
Mandell Abe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
7.74%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Coale John P $2,375,000 Premier Title
Coale John P $2,375,000 Premier Title
Sullivan David T $974,475 Premier Title Company Ltd
Cummings Gary $712,500 Attorney
Mandell Bernice $193,778 Attorney
Mandell Abe $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mandell Abe $391,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2013 05/06/13 Sold $712,500 -4.9% $255 / Sq Ft
04/06/2013 04/06/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $749,000 -- $268 / 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 $7,629 $523,751 -- --
2023 $7,438 $508,496 $0 $0
2022 $7,428 $493,685 $0 $0
2021 $7,555 $479,306 $0 $0
2020 $10,595 $656,735 $0 $0
2019 $10,565 $641,970 $0 $0
2018 $10,034 $630,000 $0 $630,000
2017 $10,905 $630,000 $0 $0
2016 $10,933 $630,000 $0 $0
2015 $11,383 $630,000 $0 $0
2014 $10,988 $600,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Susan Van Pelt

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    Susan Van Pelt
    Section Image

  • T

    Seller Co-Listing Agent in 2013

    Todd Peter

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    70 Total Sales

    Todd Peter
    Section Image

  • A

    Buyer's Agent in 2013

    Auli Beliaev

    Partnership Realty Inc.

    (561) 506-4470

    66 Total Sales

    Auli Beliaev
    Section Image
See All Agents

About Sutton Place

Map

Source: BeachesMLS

MLS Number: R3336576

BeachesMLS

APN: 50-43-44-23-10-001-5040

Florida Palm Beach County Palm Beach 33480

2778 S Ocean Blvd Unit Ph 4, Palm Beach, FL

This home is located at 2778 S Ocean Blvd Unit Ph 4, Palm Beach, FL 33480 since 10 January 2013 and is currently estimated at $2,313,701, approximately $827 per square foot. This property was built in 1981. 2778 S Ocean Blvd Unit Ph 4 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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