$1,190,000
$85K PRICE DROP

The Cove South Building 2784 S Ocean Blvd Unit 505N Palm Beach, FL 33480

Estimated payment $9,671/month

Total Views 27,763
2 Beds
2.5 Baths
1,540 Sq Ft
$773 Price per Sq Ft

Highlights

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

About This Home

This tastefully renovated 2BR/2BA corner unit offers a large private balcony with beautiful Ocean & Intracoastal views. Inside this immaculate property are new white frame impact glass doors, limestone floors, gorgeous baths, an irresistible new kitchen, custom woodwork and exquisite detail and taste. The Cove is located directly across the street from the Four Seasons Hotel and has deeded beach rights, 24/7 Doorman, 2 parking spaces, additional storage, Guest Apartment, and one of the most magnificent landscaping and a stunning 75' swimming pools on South Ocean. This boutique building has undergone extensive capital improvement projects, adding comfort and value to this sought after Intracoastal Community.

Listing Agent

Scott Gordon

Douglas Elliman License #383426 Listed on: 10/10/2024

Douglas Elliman

Co-Listing Agent

Mindy Gordon

Douglas Elliman License #3257148

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,718

Year Built

  • Built in 1975

HOA Fees

  • $2,427 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,540 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Property has ocean access

Listing and Financial Details

  • Assessor Parcel Number 50434423050015050

Community Details

Overview

  • Association fees include management, common areas, HVAC, insurance, maintenance structure, pest control, sewer, trash, water
  • 80 Units
  • Cove Condo Subdivision
  • 5-Story Property

Amenities

  • Clubhouse
  • Bike Room

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,718

Year Built

Built in 1975

Lot Details

0

HOA Fees

$2,427 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: On A1A directly across from the Four Seasons Hotel
  • Year Built: 1975
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Dual Sinks, Entrance Foyer, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1540.0
  • Stories: 5

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Ocean Access
  • Waterfront: Yes
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2427.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, HVAC, Insurance, Maintenance Structure, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434423050015050
  • Zoning Description: R-D(2)

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9718.0

Multi Family

  • Number Of Units In Community: 80

Map

About The Cove South Building

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $9,718 $565,675 -- --
2023 $8,925 $514,250 $0 $0
2022 $8,438 $467,500 $0 $0
2021 $7,313 $425,000 $0 $425,000
2020 $7,092 $405,000 $0 $405,000
2019 $6,394 $355,000 $0 $355,000
2018 $5,714 $325,000 $0 $325,000
2017 $5,158 $285,000 $0 $0
2016 $3,537 $200,000 $0 $0
2015 $3,501 $190,000 $0 $0
2014 $3,366 $180,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Price Changed $1,190,000 -6.7% $773 / Sq Ft
10/10/2024 10/10/24 For Sale $1,275,000 +200.0% $828 / Sq Ft
08/15/2017 08/15/17 Sold $425,000 -14.7% $276 / Sq Ft
07/16/2017 07/16/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $498,000 0.0% $323 / Sq Ft
02/20/2015 02/20/15 Rented $3,900 -13.3% --
01/21/2015 01/21/15 Under Contract -- -- --
12/07/2014 12/07/14 For Rent $4,500 0.0% --
02/04/2014 02/04/14 Sold $210,000 +10.5% $136 / Sq Ft
01/05/2014 01/05/14 Pending -- -- --
11/01/2013 11/01/13 For Sale $190,000 -- $123 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $425,000 Seagull Title Co
Warranty Deed -- Attorney
Quit Claim Deed -- None Available
Special Warranty Deed -- Miami Title Group Inc
Deed -- --
Warranty Deed -- Attorney
Warranty Deed $210,000 Urban Title Llc
Trustee Deed -- None Available
Warranty Deed $142,500 --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $519,000 Credit Line Revolving
Previous Owner $50,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Source: BeachesMLS

MLS Number: R11027623

BeachesMLS

APN: 50-43-44-23-05-001-5050

Florida Palm Beach County Palm Beach 33480

2784 S Ocean Blvd Unit 505N, Palm Beach, FL

This home is located at 2784 S Ocean Blvd Unit 505N, Palm Beach, FL 33480 and is currently priced at $1,190,000, approximately $772 per square foot. This property was built in 1975. 2784 S Ocean Blvd Unit 505N is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Lake Worth Community Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Scott Gordon
Listing Agent
Scott Gordon
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Douglas Elliman
(561) 956-2494