NOT LISTED FOR SALE

3120 S Ocean Blvd Unit 2502 Palm Beach, FL 33480

Estimated Value: $2,480,000 - $2,992,000

2 Beds
2.5 Baths
2,497 Sq Ft
$3,294/mo HOA Fee

Last Sold May 16, 2024

Last sale price $2,662,500 $1,066 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $19,734/month

110 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Roman Tub

About This Home

As of May 2024

Welcome to 3120 S. Ocean Blvd., Apt. 2-502, a luxurious oceanfront retreat offering breathtaking panoramic views of the Atlantic Ocean. This exquisite residence boasts an unparalleled location directly overlooking the pristine Palm Beach shores, providing residents with an extraordinary 360-degree vista of the ocean and the surrounding Intracoastal coastline.This stunning apartment features a spacious and elegantly designed interior, encompassing 2 bedrooms and 2 1/2 bathrooms. The open-concept living area is bathed in natural light that floods in through expansive windows, creating a seamless connection between indoor and outdoor spaces.

Last Agent to Sell the Property

Kourtney Pulitzer

Sotheby's Intl. Realty, Inc. License #3278434 Listed on: 01/11/2024

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Vicki Copani

Donohue Real Estate Palm Beach License #3006753

Donohue Real Estate Palm Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,800

Year Built

  • Built in 1984

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway

HOA Fees

  • $3,294 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Property Views

  • Ocean
  • Intracoastal
  • Pool

Interior Spaces

  • 2,497 Sq Ft Home
  • Wet Bar
  • Custom Mirrors
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Marble Flooring
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434426070025020

Community Details

Overview

  • Association fees include cable TV, insurance, pool(s)
  • 45 Units
  • High-Rise Condominium
  • Thirty One Twenty Condo Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Community Library
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,800

Year Built

Built in 1984

Lot Details

0

HOA Fees

$3,294 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1984
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Garden Tub/Roman Tub, Living/Dining Room, Custom Mirrors, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 2497.0
  • Dining Room Type: Den
  • Stories: 6

Exterior Features

  • View: Intercoastal, Ocean, Pool
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Covered, Detached, Garage, Two or More Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Door Man, Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 3294.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Library, Management, Pool, Spa/Hot Tub, Tennis Court(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Pool(s)

Lot Info

  • Parcel #: 50434426070025020
  • Lot Size: East of US-1
  • Zoning Description: 0100

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15800.0

Multi Family

  • Number Of Units In Community: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
May 30, 2024
Sold by
Cot Pbi Llc
Bought by
Bardonaro Priscilla and Bardonaro Frank G
Seller's Agent
Kourtney Pulitzer
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Vicki Copani
Donohue Real Estate Palm Beach
List Price
$3,395,000
Sold Price
$2,662,500
Premium/Discount to List
-$732,500
-21.58%
Views
42
Current Estimated Value
$2,733,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,363
Avg. Annual Appreciation
1.26%

Purchase Details

Listed on
Jan 11, 2024
Closed on
May 14, 2024
Sold by
Lieb Mark and Lieb Kathy J
Bought by
Cot Pbi Llc
Seller's Agent
Kourtney Pulitzer
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Vicki Copani
Donohue Real Estate Palm Beach
List Price
$3,395,000
Sold Price
$2,662,500
Premium/Discount to List
-$732,500
-21.58%
Views
42

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jul 23, 2021
Sold by
Jacobson Gerald and Jacobson Marlene
Bought by
Lieb Mark and Lieb Kathy J
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
GARY LITTLE
MCCANN COYNER CLARKE
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.86%

Purchase Details

Closed on
May 15, 2007
Sold by
Smith Nicholas and Smith Carolyn J
Bought by
Jacobson Gerald

Purchase Details

Closed on
Jan 13, 1997
Sold by
Egbers Gary E and Egbers Janette Egbers
Bought by
Smith Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1993
Sold by
Rochman Martin and Rochman Rachael
Bought by
Egbers Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Bardonaro Priscilla -- None Listed On Document
Cot Pbi Llc $2,662,500 Equity Land Title
Lieb Mark $1,395,000 Trident Title
Jacobson Gerald $717,500 Attorney
Smith Nicholas $440,000 --
Egbers Gary E $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobson Gerald $200,000
Previous Owner Smith Nicholas $150,000
Previous Owner Egbers Gary E $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $2,662,500 -11.1% $1,066 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $2,995,000 -11.8% $1,199 / Sq Ft
01/11/2024 01/11/24 For Sale $3,395,000 +143.4% $1,360 / Sq Ft
07/26/2021 07/26/21 Sold $1,395,000 0.0% $559 / Sq Ft
07/26/2021 07/26/21 Sold $1,395,000 0.0% $559 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
05/24/2021 05/24/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $1,395,000 +11.6% $559 / Sq Ft
01/05/2021 01/05/21 For Sale $1,250,000 -- $501 / 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 $16,086 $1,045,000 -- --
2023 $15,800 $999,350 $0 $0
2022 $14,576 $908,500 $0 $0
2021 $5,237 $329,051 $0 $0
2020 $5,234 $324,508 $0 $0
2019 $5,214 $317,212 $0 $0
2018 $4,960 $311,297 $0 $0
2017 $5,227 $304,894 $0 $0
2016 $4,550 $298,623 $0 $0
2015 $4,702 $296,547 $0 $0
2014 $4,721 $294,193 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kourtney Pulitzer

    Seller's Agent in 2024

    Kourtney Pulitzer

    Sotheby's Intl. Realty, Inc.

    (561) 722-1745

    92 Total Sales

    Kourtney Pulitzer
    Section Image
  • Vicki Copani

    Buyer's Agent in 2024

    Vicki Copani

    Donohue Real Estate Palm Beach

    (561) 301-1463

    32 Total Sales

    Vicki Copani
    Section Image

  • P

    Seller's Agent in 2021

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    143 Total Sales

    Paulette Koch
    Section Image
  • Dana Koch

    Seller's Agent in 2021

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    230 Total Sales

    Dana Koch
    Section Image

  • G

    Buyer's Agent in 2021

    GARY LITTLE

    MCCANN COYNER CLARKE

See All Agents

Map

Source: BeachesMLS

MLS Number: R10949158

BeachesMLS

APN: 50-43-44-26-07-002-5020

Florida Palm Beach County Palm Beach 33480

3120 S Ocean Blvd Unit 2502, Palm Beach, FL

This home is located at 3120 S Ocean Blvd Unit 2502, Palm Beach, FL 33480 since 11 January 2024 and is currently estimated at $2,733,863, approximately $1,094 per square foot. This property was built in 1984. 3120 S Ocean Blvd Unit 2502 is a home located in Palm Beach County with nearby schools including Lake Worth High School, Palm Beach Public School, and Lake Worth Community Middle 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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