NOT LISTED FOR SALE

The Cove South Building 2784 S Ocean Blvd Unit 201e Palm Beach, FL 33480

Estimated Value: $2,599,000 - $2,822,000

3 Beds
3 Baths
2,021 Sq Ft
$1,941/mo HOA Fee

Last Sold July 30, 2021

Last sale price $995,000 $492 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $18,327/month

139 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Intracoastal View
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Home fronts a lagoon or estuary

About This Home

As of July 2021

Stunning Intracoastal sunset views; this 3BD/3BA residence has an expansive 40-ft wraparound terrace with gorgeous views of the Intracoastal and amazing sunsets and overlooks the stunning Mario Navarro designed 75-ft pool. Both the spacious master bedroom suite and the guest bedroom have gorgeous water views and their own access to the spacious terrace. Located directly across the street from the exclusive Four Seasons Resort with beachfront dining, a world class restaurant, luxurious spa, and indoor & outdoor bars. The Cove is comprised of 3 buildings on 4 acres and boasts 425 feet of intracoastal frontage with a brand new seawall. Deeded beach access exclusively for Cove residents.

Last Agent to Sell the Property

Samantha Curry

Douglas Elliman License #3031158 Listed on: 02/10/2021

Douglas Elliman

Last Buyer's Agent

Samantha Curry

Douglas Elliman License #3031158 Listed on: 02/10/2021

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,997

Year Built

  • Built in 1975

Lot Details

HOA Fees

  • $1,941 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • Open Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 2,021 Sq Ft Home
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Tile Flooring
  • Closed Circuit Camera

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423050032010

Community Details

Overview

  • Association fees include management, common areas, cable TV, HVAC, hot water, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), sewer, security, trash, water
  • Cove Condo Subdivision
  • 5-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Community Library
  • Community Storage Space
  • Elevator

Recreation

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,997

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,941 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Directly across from The Four Seasons Resort on the Intracoastal on A1A.
  • Year Built: 1975
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Other, Tile
  • Living Area: 2021.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room
  • Stories: 5
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Lagoon, Lake
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Intracoastal Access, Lake Front, Lagoon
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Assigned, Covered, Guest, Open

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Phone Entry, Security Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1941.0
  • Community Features: Non-Gated, Property Manager On-Site, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Library, Management, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, HVAC, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434423050032010
  • Zoning Description: R-D(2)

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4997.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Jul 30, 2021
Sold by
Sandberg David G and Sandberg Sondra G
Bought by
Graham Scott and Graham Allison N
Seller's Agent
Samantha Curry
Douglas Elliman
Buyer's Agent
Samantha Curry
Douglas Elliman
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$2,690,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,695,506
Avg. Annual Appreciation
27.19%

Purchase Details

Closed on
Jun 26, 2009
Sold by
Green Ruth A
Bought by
Sandberg David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
2.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2008
Sold by
Green Ruth A and R A Aron Green Revocable Trust
Bought by
Green Ruth A

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
6.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 7, 2004
Sold by
Green Ruth A
Bought by
Green Ruth A and The Ruth Ann Aron Green Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,560
Interest Rate
5.98%
Mortgage Type
Unknown
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
Graham Scott $995,000 Akerman Llp
Sandberg David G $630,000 Attorney
Green Ruth A -- Attorney
Green Ruth A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Scott $500,000
Previous Owner Sandberg David G $490,000
Previous Owner Sandberg David G $290,000
Previous Owner Green Ruth A $250,000
Previous Owner Green Ruth $201,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $995,000 0.0% $492 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $995,000 -- $492 / 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 $18,317 $1,068,854 -- --
2023 $16,035 $971,685 $0 $0
2022 $14,078 $883,350 $0 $0
2021 $4,999 $321,786 $0 $0
2020 $4,997 $317,343 $0 $0
2019 $4,977 $310,208 $0 $0
2018 $4,728 $304,424 $0 $0
2017 $4,714 $298,163 $0 $0
2016 $4,437 $292,030 $0 $0
2015 $4,584 $290,000 $0 $0
2014 $5,189 $320,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10691508

BeachesMLS

APN: 50-43-44-23-05-003-2010