$1,150,000
SOLD JUN 13, 2022

La Palma 2860 S Ocean Blvd Unit 1060 Palm Beach, FL 33480

3 Beds
2 Baths
1,668 Sq Ft
$1,294/mo HOA Fee

Recently Sold

$689 Per Sq Ft

11 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Home Gym
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • 3-minute walk to Lake Worth Beach Park

About This Home

As of June 2022

Magnificent Rare Direct Intracoastal Corner First Floor Unit. Originally 3 BR unit, 3rd bedroom was converted to an office off living room. Can easily be changed back into a bedroom. Beautifully renovated with the best of the best. Top end appliances including Thermador Induction Cooktop, Dacor Oven with hidden exhaust, Jenn Aire Refrigeration, red ash cabinets, Impact windows and doors , custom plantation sliders, custom bathrooms with Toto toilets, hand made tiles and so much more. Full Amenity Building including salt water pool, fitness, deeded beach rights, covered parking, 24/7 security/doorman., plus 2BR guest apartment available for rental. Great location next to restaurants, hotels, markets. Rare opportunity to own one of building's most desirable corner waterfront units.

Last Agent to Sell the Property

Donald Gorbach

Gorbach Realty License #BK-3055287 Listed on: 02/07/2022

Last Buyer's Agent

Cara McClure

Douglas Elliman License #SL-3177951

Douglas Elliman

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,570

Year Built

  • Built in 1971

Lot Details

  • Northwest Facing Home

HOA Fees

  • $1,294 Monthly HOA Fees

Parking

  • Covered Parking

Interior Spaces

  • 1,668 Sq Ft Home
  • Dining Area
  • Storage
  • Utility Room
  • Home Gym
  • Tile Flooring

Kitchen

  • Single Oven
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • High Impact Windows
  • High Impact Door

Pool

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434423030001060

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, sewer, water
  • 91 Units
  • La Palma Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Recreation

  • Outdoor Pool
  • Saltwater Pool

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$3,570

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,294 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Approx. 1/4 mile south of Four Seasons Resort.
  • Building Name: La Palma
  • Year Built: 1971
  • Location Tax Legal:Name of Building: La Palma
  • Location Tax Legal:Zoned: R-D(2) - Heavy Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 3570.0
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Living Area: 1668.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 3882.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 91
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Laundry:Laundry in Building: Yes
  • Exposure of Unit:West2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Pool:Salt Water2: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included
  • Living Area: 1668.0
  • Stories: 6
  • 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
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Salt Water
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, 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:Storm Shutters: Yes

Garage/Parking

  • Parking:Covered Parking: Yes

Utilities

  • Laundry Features: Laundry in Building, Other (See Remarks)
  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

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

Lot Info

  • Parcel #: 50434423030001060
  • Zoning: R-D(2) - Heavy Density

Rental Info

  • Pets Other: Emotional Support

Multi Family

  • Number Of Units Total: 91
  • Maintenance Expense: 3882.0

Tax Info

  • Tax Annual Amount: 3570.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Jun 1, 2022
Sold by
Ann Johnson and Ann Mary
Bought by
Janet Halvorson Living Revocable Trust
Seller's Agent
Donald Gorbach
Gorbach Realty
Buyer's Agent
Cara McClure
Douglas Elliman
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.41%

Purchase Details

Closed on
Apr 18, 2008
Sold by
Bevignani Harry J
Bought by
Johnson Robert and Johnson Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2006
Sold by
Gray Lucille
Bought by
Bevignani Grace M

Purchase Details

Closed on
Aug 13, 2001
Sold by
Edith Blumenthal I
Bought by
Laine Clifford
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
Warranty Deed $1,150,000 Rabideau Klein
Warranty Deed $420,000 First American Title Ins Co
Warranty Deed $550,000 Attorney
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $252,000 New Conventional
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 Price Changed $999,999 -14.5% $600 / Sq Ft
10/29/2024 10/29/24 For Sale $1,170,000 +1.7% $701 / Sq Ft
06/13/2022 06/13/22 Sold $1,150,000 0.0% $689 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $1,150,000 0.0% $689 / Sq Ft
09/01/2014 09/01/14 Rented $4,800 0.0% --
08/02/2014 08/02/14 Under Contract -- -- --
05/20/2014 05/20/14 For Rent $4,800 +14.3% --
11/13/2013 11/13/13 Rented $4,200 0.0% --
10/14/2013 10/14/13 Under Contract -- -- --
07/15/2013 07/15/13 For Rent $4,200 +20.0% --
10/02/2012 10/02/12 Rented $3,500 0.0% --
09/02/2012 09/02/12 Under Contract -- -- --
10/24/2011 10/24/11 For Rent $3,500 -- --
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 $14,308 $955,000 -- --
2023 $13,164 $870,000 $0 $870,000
2022 $3,534 $261,105 $0 $0
2021 $3,570 $253,500 $0 $0
2020 $3,569 $250,000 $0 $250,000
2019 $3,646 $250,000 $0 $250,000
2018 $3,522 $250,000 $0 $250,000
2017 $4,262 $250,000 $0 $0
2016 $4,225 $240,000 $0 $0
2015 $4,136 $222,200 $0 $0
2014 $3,765 $202,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Gordon

    Seller's Agent in 2024

    Scott Gordon

    Douglas Elliman

    (561) 346-4141

    138 Total Sales

    Scott Gordon
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Cara McClure

    Douglas Elliman

    (561) 324-0896

    173 Total Sales

    Cara McClure
    Section Image
  • Donald Gorbach

    Seller's Agent in 2022

    Donald Gorbach

    Gorbach Realty

    (561) 707-6210

    42 Total Sales

    Donald Gorbach
    Section Image

  • J

    Seller's Agent in 2014

    JOAN McAULEY

    Windsor Properties of Palm Beach

    (561) 452-3322

    7 Total Sales

    JOAN McAULEY
    Section Image

  • D

    Buyer's Agent in 2014

    DANIELLE HICKOX

    Linda A. Gary Real Estate

  • D

    Buyer's Agent in 2014

    Danielle Moore

    Brown Harris Stevens of Palm Beach 5225

    (561) 301-8091

    3 Total Sales

    Danielle Moore
    Section Image
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About La Palma

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-182

APN: 50-43-44-23-03-000-1060

Florida Palm Beach County Palm Beach 33480

2860 S Ocean Blvd Unit 1060, Palm Beach, FL

This home is located at 2860 S Ocean Blvd Unit 1060, Palm Beach, FL 33480 and is currently priced at $1,150,000, approximately $689 per square foot. This property was built in 1971. 2860 S Ocean Blvd Unit 1060 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.

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