NOT LISTED FOR SALE

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

Estimated Value: $2,020,000 - $2,367,661

3 Beds
3 Baths
2,328 Sq Ft
$918/Sq Ft Est. Value

Last Sold March 31, 2025

Last sale price $2,150,000 $924 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $12,845/month

55 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Cabana
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of March 2025

Experience the best of waterfront living in this stunning true 3-bedroom, 3-bathroom condo, ideally located in one of Palm Beach's most sought-after buildings. This coveted corner unit features expansive, unobstructed 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: 01/06/2025

Compass Florida, LLC

Last Buyer's Agent

Fern Fodiman

Sotheby's International Realty, Inc. License #3229026

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $12,245

Year Built

  • Built in 1975

Lot Details

  • West Facing Home

Interior Spaces

  • 2,328 Sq Ft Home
  • Living Room
  • Dining Room
  • Library

Kitchen

  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Covered Parking

Pool

  • Cabana
  • Outdoor Pool

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434423050023020

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV
  • 80 Units
  • Cove Community
  • 5-Story Property

Amenities

  • Doorman
  • Clubhouse

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$12,245

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: A1A
  • 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: 12245.14
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 2328.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 2607.0
  • General Property Description:_pound_ Units in Complex: 80
  • General Property Description:_pound_ Floors: 5.0
  • Pool:Pool3: 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
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Exposure of Unit:West2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Restrictions:Homeowners Assoc: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Services Included:Club Facilities: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cable, Smoke Alarms
  • Living Area: 2328.0
  • Stories: 5
  • Interior Features:Smoke Alarms: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Cabana, Impact Windows
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking:Covered Parking: Yes
  • Parking 2 Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Club Facilities, Exercise Facility
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV

Lot Info

  • Parcel #: 50434423050023020
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 80
  • Maintenance Expense: 2607.0

Tax Info

  • Tax Annual Amount: 12245.14
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
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 International Realty, Inc.
List Price
$2,700,000
Sold Price
$2,150,000
Premium/Discount to List
-$550,000
-20.37%
Views
11
Current Estimated Value
$2,136,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,446
Avg. Annual Appreciation
15.21%

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 Buyer Sale Price Title Company
Sumpter Edward J $2,150,000 None Listed On Document
Rosenthal John E $1,000,000 Attorney
Djamoos Theresa L $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
02/26/2025 02/26/25 Pending -- -- --
02/24/2025 02/24/25 Price Changed $2,275,000 -9.0% $977 / Sq Ft
02/07/2025 02/07/25 Price Changed $2,500,000 -7.4% $1,074 / Sq Ft
01/06/2025 01/06/25 For Sale $2,700,000 0.0% $1,160 / Sq Ft
01/04/2025 01/04/25 Off Market $2,700,000 -- --
01/02/2025 01/02/25 For Sale $2,700,000 -- $1,160 / 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: 24-1993

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