$210,000
SOLD FEB 4, 2014

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

2 Beds
2 Baths
1,541 Sq Ft
$1,083/mo HOA Fee

Recently Sold

$136 Per Sq Ft

11% Above List Price

64 Days on Market

Highlights

  • Ocean Front
  • Community Pool
  • Ceramic Tile Flooring
  • Palm Beach Public School Rated A-
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of August 2017

Great opportunity to own spacious apartment with Intracoastal views from large terrace. Desirable 2BR/2BA Cove condominium located across from The Four Seasons Resort. Newer kitchen and baths. Doorman, fitness center, and deeded beach access. Additional $25,000 due to condo association.

Last Agent to Sell the Property

Joan Wenzel

Douglas Elliman License #597469 Listed on: 11/01/2013

Douglas Elliman

Co-Listed By

B. DUERR

One Sotheby's International Re License #3117391

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,454

Year Built

  • Built in 1975

Lot Details

  • Northeast Facing Home

HOA Fees

  • $1,083 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 1,541 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434423050015050

Community Details

Overview

  • 80 Units
  • The Cove Subdivision
  • 5-Story Property

Recreation

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,454

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,083 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Across from the Four Seasons Hotel
  • Year Built: 1975
  • Special Features: 12

Interior Features

  • Interior Amenities: Eat-in Kitchen, Elevator
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1541.0
  • Stories: 5

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Northeast

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1083.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Lot Info

  • Parcel #: 50434423050015050
  • Zoning Description: RD-1

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3454.0

Multi Family

  • Number Of Units In Community: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2019
Sold by
Krauss Michaela and Haberstolz Andrea
Bought by
Krauss Michaela and Haberstolz Andrea

Purchase Details

Listed on
Jan 11, 2017
Closed on
Aug 15, 2017
Sold by
Paparoni Milena
Bought by
Koslowsky Renate
Seller's Agent
Jorge Zea
Blue Lighthouse Realty, INC
Buyer's Agent
Mindy Gordon
Douglas Elliman
List Price
$498,000
Sold Price
$425,000
Premium/Discount to List
-$73,000
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%

Purchase Details

Listed on
Jan 11, 2017
Closed on
Jun 19, 2017
Sold by
Filardo Vargas Milena Del Carmen
Bought by
Paparoni Milena
Seller's Agent
Jorge Zea
Blue Lighthouse Realty, INC
Buyer's Agent
Mindy Gordon
Douglas Elliman
List Price
$498,000
Sold Price
$425,000
Premium/Discount to List
-$73,000
-14.66%

Purchase Details

Closed on
Sep 23, 2016
Sold by
Oviedo Jose and Paparoni Milena
Bought by
Vargas Milena Del Carmen Filardo

Purchase Details

Closed on
May 10, 2016
Sold by
Two Green Stars Investments Inc
Bought by
Oviedo Jose

Purchase Details

Closed on
May 1, 2016
Bought by
Koslowsky Renate

Purchase Details

Listed on
Nov 1, 2013
Closed on
Mar 12, 2014
Sold by
Oviedo Jose
Bought by
Two Green Stars Investments Inc
Seller's Agent
Joan Wenzel
Douglas Elliman
List Price
$190,000
Sold Price
$210,000
Premium/Discount to List
$20,000
10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.66%

Purchase Details

Listed on
Nov 1, 2013
Closed on
Jan 31, 2014
Sold by
The Cove Condominium Association Inc
Bought by
Oviedo Jose
Seller's Agent
Joan Wenzel
Douglas Elliman
List Price
$190,000
Sold Price
$210,000
Premium/Discount to List
$20,000
10.53%

Purchase Details

Closed on
Nov 28, 2012
Sold by
Gordon Dorothy M and Margulies Esther G
Bought by
Cove Condominium Association Inc

Purchase Details

Closed on
Aug 14, 2001
Sold by
Gilbert Schwartz I
Bought by
Margulles Esther G

Purchase Details

Closed on
Jul 5, 2001
Sold by
Gilbert Schwartz I
Bought by
Golden Stephanie
Source: Public Records

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Range of Values:

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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
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

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

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 $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

Agents Affiliated with this Home

  • Scott Gordon

    Seller's Agent in 2024

    Scott Gordon

    Douglas Elliman

    (561) 346-4141

    142 Total Sales

    Scott Gordon
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Mindy Gordon

    Douglas Elliman

    (561) 302-3133

    118 Total Sales

    Mindy Gordon
    Section Image
  • Jorge Zea

    Seller's Agent in 2017

    Jorge Zea

    Blue Lighthouse Realty, INC

    (855) 550-0528

    1,371 Total Sales

    Jorge Zea
    Section Image
  • Kerry Gallagher

    Seller's Agent in 2015

    Kerry Gallagher

    Gallagher Realty Advisors

    (561) 386-9627

    26 Total Sales

    Kerry Gallagher
    Section Image

  • G

    Buyer's Agent in 2015

    Guy Buzzelli

    Coldwell Banker Realty /Delray Beach

    (561) 236-7332

    12 Total Sales

    Guy Buzzelli
    Section Image
  • Joan Wenzel

    Seller's Agent in 2014

    Joan Wenzel

    Douglas Elliman

    (561) 371-5743

    74 Total Sales

    Joan Wenzel
    Section Image
See All Agents

About The Cove South Building

Map

Source: BeachesMLS

MLS Number: R9990290

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 $210,000, approximately $136 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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