$1,190,000

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

Estimated payment $9,744/month

Total Views 26,451
2 Beds
3 Baths
1,540 Sq Ft
$773 Price per Sq Ft

Highlights

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

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 #BK-383426 Listed on: 10/11/2024

Douglas Elliman

Co-Listing Agent

Mindy Gordon

Douglas Elliman License #SL-3257148

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $8,925

Year Built

  • Built in 1975

Lot Details

  • Northeast Facing Home

HOA Fees

  • $2,427 Monthly HOA Fees

Interior Spaces

  • 1,540 Sq Ft Home
  • Living Room
  • Dining Area
  • Storage
  • Utility Room
  • Home Gym
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Open Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Cabana
  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423050015050

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$8,925

Year Built

Built in 1975

Lot Details

0

HOA Fees

$2,427 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: On A1A directly across from the Four Seasons Hotel
  • Building Name: Cove
  • Year Built: 1975
  • Location Tax Legal:Name of Building: Cove
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 8925.46
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 1540.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 2426.84
  • 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
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: 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
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Pool:Heated Elec: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1540.0
  • Stories: 5
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Cabana, Impact Doors, Impact Windows, Ocean Access- Deeded, 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:Impact Windows: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking:Open 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, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

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

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434423050015050
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 80
  • Maintenance Expense: 2426.84

Tax Info

  • Tax Annual Amount: 8925.46
  • Tax Year: 2024

Map

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: Palm Beach Board of REALTORS®

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

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Source: Palm Beach Board of REALTORS®

MLS Number: 24-1434

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