$470,000
SOLD DEC 2, 2022

La Palma 2860 S Ocean Blvd Unit 4150 Palm Beach, FL 33480

2 Beds
2 Baths
1,210 Sq Ft
$966/mo HOA Fee

Recently Sold

$388 Per Sq Ft

10% Below List Price

91 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Property fronts an intracoastal waterway
  • Palm Beach Public School Rated A-
  • Property has ocean access
  • 3-minute walk to Lake Worth Beach Park

About This Home

As of December 2022

FANTASTIC INTRACOASTAL BUILDING, Across the street from the Ocean. New Impact Windows throughout the 2BR Unit 415. Lovely La Palma Palm Beach is a full-service building, covered parking space, ample open and guest parking, 24-hour doorman, manager, manicured gardens, heated salt-water pool, outdoor barbeque area, sauna, fitness center and deeded beach access. Laundry is allowed in units. La Palma has an extra 2 BR Guest Suite that unit owners may rent for their overflow guests! Close to Aqua, Benny's on the Beach, Palm Beach Par 3 Golf Course, Fresh Farmer's Market on Saturdays and more.

Last Agent to Sell the Property

Elizabeth Hoadley

Purely Palm Beach Real Estate LLC License #3278009 Listed on: 09/01/2022

Last Buyer's Agent

Murat Egelierler

Partnership Realty Inc. License #3322187

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,730

Year Built

  • Built in 1971

Lot Details

HOA Fees

  • $966 Monthly HOA Fees

Property Views

  • Garden

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,210 Sq Ft Home
  • Custom Mirrors
  • Florida or Dining Combination
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Security Gate
  • Closed Circuit Camera

Parking

  • Detached Garage
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Seawall

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423030004150

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), recreation facilities, reserve fund, roof, sewer, security, trash, water
  • 91 Units
  • High-Rise Condominium
  • La Palma Condo Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Game Room
  • Community Library
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Park
  • Trails

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,730

Year Built

Built in 1971

Lot Details

0

HOA Fees

$966 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Third building north of the Lake Worth Bridge in Palm Beach directly on the Intracoastal.
  • Year Built: 1971
  • Architectural Style: High Rise
  • Entry Level: 4
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Family/Dining Room, Custom Mirrors, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 1210.0
  • Dining Room Type: Storage Room
  • Stories: 6
  • Window Features: Impact Glass

Exterior Features

  • View: Garden, Ocean
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Seawall
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other, Tar/Gravel

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Assigned, Detached, Garage, Guest

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 966.0
  • Community Features: Game Room, Gated, Park, Property Manager On-Site, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Library, Management, Storage, Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434423030004150
  • Zoning Description: R-D(2)

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1730.0

Multi Family

  • Number Of Units In Community: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Dec 2, 2022
Sold by
Patricia B Armijo Revocable Trust
Bought by
Selcuk Devrim and Selcuk Hulya
Seller's Agent
Elizabeth Hoadley
Purely Palm Beach Real Estate LLC
Buyer's Agent
Murat Egelierler
Partnership Realty Inc.
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$352,500
Outstanding Balance
$342,622
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$257,028

Purchase Details

Closed on
Jun 13, 2006
Sold by
Armijo Patricia B
Bought by
Armijo Patricia B

Purchase Details

Closed on
Dec 31, 1996
Sold by
Brumley Ralph W
Bought by
Armijo Patricia B
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 Type Sale Price Title Company
Warranty Deed $470,000 --
Interfamily Deed Transfer -- None Available
Warranty Deed $89,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Rent $4,500 0.0% --
06/03/2025 06/03/25 For Sale $599,000 +27.4% $495 / Sq Ft
12/02/2022 12/02/22 Sold $470,000 -10.5% $388 / Sq Ft
09/01/2022 09/01/22 For Sale $525,000 -- $434 / 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 $3,845 $271,969 -- --
2023 $3,732 $264,048 $0 $0
2022 $1,702 $126,459 $0 $0
2021 $1,730 $122,776 $0 $0
2020 $1,720 $121,081 $0 $0
2019 $1,706 $118,359 $0 $0
2018 $1,620 $116,152 $0 $0
2017 $1,603 $113,763 $0 $0
2016 $1,330 $111,423 $0 $0
2015 $1,371 $110,648 $0 $0
2014 $1,374 $109,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Akin Cakir

    Heartland Realty Group LLC

    (561) 827-3141

    54 Total Sales

    Section Image
  • Elizabeth Hoadley

    Seller's Agent in 2022

    Elizabeth Hoadley

    Purely Palm Beach Real Estate LLC

    (561) 635-8149

    54 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Murat Egelierler

    Partnership Realty Inc.

    (561) 633-1283

    35 Total Sales

    Section Image
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About La Palma

Map

Source: BeachesMLS

MLS Number: R10829012

BeachesMLS

APN: 50-43-44-23-03-000-4150

Florida Palm Beach County Palm Beach 33480

2860 S Ocean Blvd Unit 4150, Palm Beach, FL

This home is located at 2860 S Ocean Blvd Unit 4150, Palm Beach, FL 33480 and is currently priced at $470,000, approximately $388 per square foot. This property was built in 1971. 2860 S Ocean Blvd Unit 4150 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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