$2,150,000
SOLD MAR 31, 2025

The Cove South Building 2784 S Ocean Blvd Unit 302-N Palm Beach, FL 33480

3 Beds
2.5 Baths
2,328 Sq Ft
$2,607/mo HOA Fee

Recently Sold

$924 Per Sq Ft

22% Below List Price

98 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of March 2025

100ft of direct unobstructed water views in the most up and coming county in the nation. Private deeded beach access, This corner unit expansive, sunset views and generously sized bedrooms, each with its own private balcony. The Cove has recently undergone extensive renovations, blending modern amenities with the timeless charm of coastal living. Enjoy private, deeded beach access just across the street, with the exclusive Four Seasons hotel right next door.

Last Agent to Sell the Property

ELIZABETH (LISA) SABOL-DONO

Compass Florida LLC License #3187386 Listed on: 12/13/2024

Compass Florida LLC

Last Buyer's Agent

Fern Fodiman

Sotheby's Intl. Realty, Inc. License #3229026

Sotheby's Intl. Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,536

Year Built

  • Built in 1975

Lot Details

HOA Fees

  • $2,607 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 2,328 Sq Ft Home
  • Den
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks

Home Security

Parking

  • Over 1 Space Per Unit
  • Covered Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423050023020
  • Seller Considering Concessions

Community Details

Overview

  • 80 Units
  • High-Rise Condominium
  • Cove Condo Subdivision
  • 5-Story Property

Amenities

  • Doorman
  • Clubhouse

Recreation

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,536

Year Built

Built in 1975

Lot Details

0

HOA Fees

$2,607 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A
  • Year Built: 1975
  • Architectural Style: High Rise
  • Entry Level: 3
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Marble, Wood
  • Living Area: 2328.0
  • Dining Room Type: Den, Storage Room
  • Stories: 5

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Covered, Two or More Spaces

Utilities

  • Security: Door Man, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 2607.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 50434423050023020
  • Zoning Description: R-D1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12536.0

Multi Family

  • Number Of Units In Community: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Mar 31, 2025
Sold by
Rosenthal John E and Ward Street Real Estate Trust
Bought by
Sumpter Edward J
Seller's Agent
ELIZABETH (LISA) SABOL-DONO
Compass Florida LLC
Buyer's Agent
Fern Fodiman
Sotheby's Intl. Realty, Inc.
List Price
$2,750,000
Sold Price
$2,150,000
Premium/Discount to List
-$600,000
-21.82%
Views
17
Current Estimated Value
$2,162,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,224
Avg. Annual Appreciation
1.19%

Purchase Details

Closed on
Jul 26, 2010
Sold by
Djamoos Theresa L
Bought by
Rosenthal John E and The Ward Street Real Estate Trust

Purchase Details

Closed on
May 31, 2006
Sold by
Polakoff Richard A and Polakoff Roslyn
Bought by
Djamoos Theresa L
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $2,150,000 None Listed On Document
Warranty Deed $1,000,000 Attorney
Deed $750,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $2,150,000 -5.5% $924 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
02/25/2025 02/25/25 Price Changed $2,275,000 -9.0% $977 / Sq Ft
02/06/2025 02/06/25 Price Changed $2,500,000 -9.1% $1,074 / Sq Ft
12/13/2024 12/13/24 For Sale $2,750,000 +114.3% $1,181 / Sq Ft
04/17/2024 04/17/24 Sold $1,283,500 -28.5% $774 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $1,795,000 0.0% $1,082 / Sq Ft
07/07/2022 07/07/22 Rented $20,000 +11.1% --
06/07/2022 06/07/22 Under Contract -- -- --
03/30/2022 03/30/22 For Rent $18,000 0.0% --
04/20/2021 04/20/21 Sold $830,000 -4.5% $500 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $869,000 +93.1% $524 / Sq Ft
04/29/2016 04/29/16 Sold $450,000 0.0% $271 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
06/24/2015 06/24/15 For Sale $450,000 -- $271 / 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 $12,536 $858,720 -- --
2023 $12,245 $833,709 $0 $0
2022 $12,321 $809,426 $0 $0
2021 $12,529 $785,850 $0 $0
2020 $12,546 $775,000 $0 $775,000
2019 $12,806 $775,000 $0 $775,000
2018 $12,397 $775,000 $0 $775,000
2017 $12,656 $775,000 $0 $0
2016 $12,744 $775,000 $0 $0
2015 $13,273 $775,000 $0 $0
2014 $14,274 $820,643 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11044783

BeachesMLS

APN: 50-43-44-23-05-002-3020