$1,283,500
SOLD APR 17, 2024

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

2 Beds
2 Baths
1,659 Sq Ft
$2,288/mo HOA Fee

Recently Sold

$774 Per Sq Ft

28% Below List Price

53 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Gas Heated Pool
  • Property is near a clubhouse

About This Home

As of March 2025

Chic, sophisticated, designer renovated and offered beautifully furnished two (2) bedrooms and two (2) baths residence with a sunny desirable south facing exposure with views of the resort style pool & intracoastal waterway from all rooms. The Cove is a full service luxury development directly on the intracoastal with deeded beach access next to The Four Seasons Hotel. Doorman, full time manager, two (2) assigned parking spaces. Hurricane Impact Windows, Washer/dryer in the residence. The Cove has been undergoing extensive restoration, renovations and improvements making it one of the most popular and sought after buildings in Palm Beach. Truly resort living close to all Palm Beach Amenities and airport. ''Turn Key'' offered furnished and move in ready!

Last Agent to Sell the Property

Mia Morrison

The Corcoran Group License #3077087 Listed on: 01/05/2024

The Corcoran Group

Co-Listed By

Jennifer Hyland

The Corcoran Group License #3060273

Last Buyer's Agent

ELIZABETH SAVAGE

Brown Harris Stevens of Palm Beach 6598 License #SL-3067550

Brown Harris Stevens of Palm Beach 6598

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $9,994

Year Built

  • Built in 1975

Lot Details

  • Southwest Facing Home

HOA Fees

  • $2,288 Monthly HOA Fees

Interior Spaces

  • 1,659 Sq Ft Home
  • Dining Area
  • Home Gym

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Door
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Open Parking

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Bulkhead
  • Balcony

Location

  • Property is near a clubhouse

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434423050013020

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area
  • Clubhouse
  • Elevator

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$9,994

Year Built

Built in 1975

Lot Details

0

HOA Fees

$2,288 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: AIA South across from the Four Seasons Hotel on the intracoastal
  • Building Name: Cove
  • Year Built: 1975
  • Location Tax Legal:Name of Building: Cove
  • Location Tax Legal:Zoned: R-D(2) - Heavy Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 9994.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 1659.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 2288.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 80
  • General Property Description:_pound_ Floors: 5.0
  • Waterfront-Unit:Living Room View: Yes
  • Exposure of Unit:South2: 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
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:WW Carpeting: Yes
  • 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
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Smoke Alarms
  • Living Area: 1659.0
  • Stories: 5
  • Interior Features:Smoke Alarms: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Seawall/Bulkhead, Impact Doors, Ocean Access- Deeded, Clubhouse, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Clubhouse: Yes
  • Exterior Features:SeawallBulkhead2: 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
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434423050013020
  • Zoning: R-D(2) - Heavy Density

Multi Family

  • Number Of Units Total: 80
  • Maintenance Expense: 2288.0

Tax Info

  • Tax Annual Amount: 9994.0
  • Tax Year: 2023

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: 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 $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: Palm Beach Board of REALTORS®

MLS Number: 24-33

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