NOT LISTED FOR SALE

The Cove South Building 2784 S Ocean Blvd Unit 204s Palm Beach, FL 33480

Estimated Value: $1,168,511 - $1,557,000

2 Beds
2 Baths
1,651 Sq Ft
$854/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $727,500 $441 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $9,388/month

143 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • Outdoor Pool

About This Home

As of January 2018

Rare opportunity to purchase a brand new, never lived in, spacious 2BR/2BA contemporary apartment in the sought after Cove Condominium. Wonderful views of the Intracoastal and new pool area. Open kitchen with quartz countertops, stainless backsplash and custom cabinets. Other features include 32 inch porcelain tile floors, Thassos marble master bath, custom lighting and woodwork, and white hurricane doors. First class amenities include doorman, new fitness center, and stylish lobbies, halls and common areas. Deeded beach path directly next to Four Seasons Resort. Close to Palm Beach Par 3 Golf Course with a new clubhouse and restaurant, and Palm Beach Tennis Center. Short drive to Worth Avenue, restaurants, shopping and cultural centers. For the discriminating buyer!

Last Agent to Sell the Property

Joan Wenzel

Douglas Elliman License #597469 Listed on: 08/29/2017

Douglas Elliman

Last Buyer's Agent

CLAUDIA FISHER

Brown Harris Stevens of Palm Beach 5225

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 1975

Lot Details

  • Northwest Facing Home

HOA Fees

  • $1,348 Monthly HOA Fees

Interior Spaces

  • 1,651 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Storage
  • Utility Room
  • Home Gym
  • Tile Flooring
  • Fire and Smoke Detector

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

Parking

  • 2 Parking Spaces
  • Open Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423050022040

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$5,400

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,348 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Across from Four Seasons Resort
  • Building Name: Cove
  • Year Built: 1975
  • Location Tax Legal:Name of Building: Cove
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 5400.11
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 1651.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 4045.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 80
  • General Property Description:_pound_ Floors: 1.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • 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
  • Exposure of Unit:North2: Yes
  • Exposure of Unit:West2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Cable, Storage, Smoke Alarms
  • Living Area: 1651.0
  • Stories: 1
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: 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: Balcony, Ocean Access- Deeded, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility, Other Services
  • 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 #: 50434423050022040
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 80
  • Maintenance Expense: 4045.0

Tax Info

  • Tax Annual Amount: 5400.11
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2017
Closed on
Jan 26, 2018
Sold by
Corradini Marilyn
Bought by
Garramone Linda
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
CLAUDIA FISHER
Brown Harris Stevens of Palm Beach 5225
List Price
$727,500
Sold Price
$727,500
Current Estimated Value
$1,331,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,902
Avg. Annual Appreciation
7.59%

Purchase Details

Closed on
Apr 25, 2017
Sold by
Abrams Constance and Abrams Constance
Bought by
Corradini Marilyn

Purchase Details

Closed on
Nov 12, 2003
Sold by
Abrams Constance R and Estate Of Bernard S Abrams
Bought by
Abrams Constance and Trust Agreement Of Bernard S Abrams

Purchase Details

Closed on
Jan 15, 1999
Sold by
Charlotte Stanley and Charlotte Gold
Bought by
Abrams Bernard
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 Buyer Sale Price Title Company
Garramone Linda $727,500 Attorney
Corradini Marilyn $325,000 Attorney
Abrams Constance -- --
Abrams Bernard $160,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $727,500 0.0% $441 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
08/29/2017 08/29/17 For Sale $727,500 -- $441 / 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 $8,244 $565,093 -- --
2023 $8,040 $548,634 $0 $0
2022 $8,032 $532,654 $0 $0
2021 $8,169 $517,140 $0 $0
2020 $8,175 $510,000 $0 $510,000
2019 $7,995 $450,000 $0 $450,000
2018 $7,099 $410,000 $0 $410,000
2017 $5,809 $360,000 $0 $0
2016 $5,400 $272,250 $0 $0
2015 $4,700 $247,500 $0 $0
2014 $4,183 $225,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-1782

APN: 50-43-44-23-05-002-2040