NOT LISTED FOR SALE

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

Estimated Value: $1,111,000 - $1,483,000

2 Beds
2 Baths
1,661 Sq Ft
$2,288/mo HOA Fee

Last Sold March 20, 2024

Last sale price $1,050,000 $632 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $10,636/month

45 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Elevator
  • Palm Beach Public School Rated A-
  • Community Pool
  • Bike Room

About This Home

As of March 2024

Rare opportunity to own direct Intracoastal 2 BR 2BA condo in coveted boutique East building of Cove complex. Only 15 units, 3 apartments per floor. Large terrace perfect for outdoor dining, entertaining and viewing yachts going by and gorgeous sunsets!! Oversized individual storage room across the hall. Award winning Nievera Williams designed lakeside pool, deck and landscaping. Doorman, on site manager; fitness center. Deeded beach rights, locked gate across A1A for Cove residents and Four Seasons Resort guests only. Minutes from Midtown Palm Beach Island and West Palm Beach dining, shopping, golf, tennis, beaches, airport and the best cultural venues and events PB County has to offer. Ready to make this space your fabulous personal retreat!

Last Agent to Sell the Property

Nancy Roth

Brown Harris Stevens of PB License #391279 Listed on: 02/01/2024

Brown Harris Stevens of PB

Last Buyer's Agent

Nancy Roth

Brown Harris Stevens of PB License #391279 Listed on: 02/01/2024

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,246

Year Built

  • Built in 1975

Lot Details

HOA Fees

  • $2,288 Monthly HOA Fees

Property Views

Interior Spaces

  • 1,661 Sq Ft Home
  • Bar

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Open Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423050033020

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, pest control, sewer, trash, water
  • 80 Units
  • Cove Condo Subdivision
  • 5-Story Property

Amenities

  • Elevator
  • Bike Room

Recreation

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,246

Year Built

Built in 1975

Lot Details

0

HOA Fees

$2,288 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Just North of the Lake Worth Bridge across the Four Seasons Resort.
  • Year Built: 1975
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Dual Sinks, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1661.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 5

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Guest, Open, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2288.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434423050033020
  • Zoning Description: R-D(2)

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3246.0

Multi Family

  • Number Of Units In Community: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 20, 2024
Sold by
Debear Elliot and Goerdt Arlene
Bought by
Cove302e Llc
Seller's Agent
Nancy Roth
Brown Harris Stevens of PB
Buyer's Agent
Nancy Roth
Brown Harris Stevens of PB
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Views
31
Current Estimated Value
$1,293,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,806
Avg. Annual Appreciation
9.33%
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 Buyer Sale Price Title Company
Cove302e Llc $1,050,000 Equity Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $1,050,000 -4.5% $632 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $1,100,000 -- $662 / 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 $15,743 $1,030,000 -- --
2023 $3,246 $229,241 $0 $0
2022 $3,227 $222,564 $0 $0
2021 $3,284 $216,082 $0 $0
2020 $3,278 $213,099 $0 $0
2019 $3,260 $208,308 $0 $0
2018 $3,099 $204,424 $0 $0
2017 $3,082 $200,219 $0 $0
2016 $2,787 $196,101 $0 $0
2015 $2,878 $194,738 $0 $0
2014 $2,888 $193,192 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10955635

BeachesMLS

APN: 50-43-44-23-05-003-3020