$2,662,500
SOLD MAY 16, 2024

3120 S Ocean Blvd Unit 2502 Palm Beach, FL 33480

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

Recently Sold

$1,066 Per Sq Ft

22% Below List Price

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
2.27%

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

Similar Homes in Palm Beach, FL

  • 3120 S Ocean Blvd Unit 3602, Palm Beach, FL 33480

    $3,200,000

    • 2 Beds
    • 2.5 Baths
    • 2,497 Sq Ft
    • 3120 S Ocean Blvd
    • Unit 3602
    • Palm Beach, FL

    Experience unapparelled resort style luxury in this elegant penthouse in Palm Beach. This corner unit offers stunning views of the Atlantic Ocean and the Intracoastal Waterway. With only two units on this floor, enjoy ultimate privacy and tranquility. With 2,497 sq. feet, this sophisticated 2-bedroom, 2 .5 bath residence features 9-foot ceilings, gleaming hardwood floors and three balconies. The

    JUDITH LYONS Hilton Hilton Palm Beach LLC

    Section Image
  • 3120 S Ocean Blvd Unit 2101, Palm Beach, FL 33480

    $3,195,000

    • 3 Beds
    • 3 Baths
    • 2,570 Sq Ft
    • 3120 S Ocean Blvd
    • Unit 2101
    • Palm Beach, FL

    Magnificent Ocean views from every room. Rarely available 3 Bedroom/3 Bath direct Oceanfront Duplex with private boat dock on the Intracoastal. The apartment has been fully renovated with the highest quality finishes and attention to detail with superb coastal inspiration. Spacious rooms, high ceilings, crown moldings, impact windows and doors, porcelain floors, new appliances and A/C systems,

    Patricia Mahaney Sotheby's Intl. Realty, Inc.

    Section Image
  • 3120 S Ocean Blvd Unit 1501, Palm Beach, FL 33480

    $3,295,000

    • 3 Beds
    • 3 Baths
    • 2,570 Sq Ft
    • 3120 S Ocean Blvd
    • Unit 1501
    • Palm Beach, FL

    Welcome to your new Oceanfront Penthouse residence. The Oasis is a FULL SERVICE building with every amenity possible. This renovated, 3 bedroom 3 bath, two story-duplex, Oceanfront unit with 3 private balconies literally has it all. Full time doorman, full time on site building manager, garage parking, oceanside pool, tennis courts, boat docks, several gyms, recreation room, and so much more! Do

    Kourtney Pulitzer Sotheby's Intl. Realty, Inc.

    Section Image
  • 3140 S Ocean Blvd Unit 502s, Palm Beach, FL 33480

    $2,895,000

    • 2 Beds
    • 2 Baths
    • 2,220 Sq Ft
    • 3140 S Ocean Blvd
    • Unit 502s
    • Palm Beach, FL

    Introducing a stunning 2-bedroom, 2.5-bathroom condominium with flexible bonus space encompassing 2,220 square feet in the esteemed Carlton Place. This spacious penthouse offers ocean and Intracoastal views, providing a serene and picturesque living experience. The complete gut renovation was finalized in the fall of 2024 and features contemporary design elements with the highest quality finishes

    Alexandra Solimine Engel & Volkers Wellington

    Section Image
  • 3140 S Ocean Blvd Unit 203s, Palm Beach, FL 33480

    $3,350,000

    • 3 Beds
    • 3 Baths
    • 2,695 Sq Ft
    • 3140 S Ocean Blvd
    • Unit 203s
    • Palm Beach, FL

    Experience the pinnacle of oceanfront luxury in this impeccably designed 3-bedroom, 3-bathroom southeast corner unit at 3140 S Ocean Blvd Unit 203S. Boasting 2,695 square feet of light-filled living space, this residence offers a wraparound terrace with sweeping ocean views, seamlessly blending indoor and outdoor living.The open-concept design features a spacious living area that perfectly frames

    Travis Vuich Compass Florida LLC

    Section Image
  • 3300 S Ocean Blvd Unit 108s, Palm Beach, FL 33480

    $2,795,000

    • 2 Beds
    • 2.5 Baths
    • 2,072 Sq Ft
    • 3300 S Ocean Blvd
    • Unit 108s
    • Palm Beach, FL

    Experience coastal living at its finest in this fully renovated, contemporary oceanfront residence in the prestigious Meridian of South Palm Beach-- where timeless elegance meets cutting edge design. This 2 bed, 2 bath (with optional 3rd bed) home is a true masterpiece, thoughtfully redesigned with top-tier finishes throughout. The expanded gourmet kitchen is a dream for entertainers and culinary

    Nancy Frey Champagne & Parisi Real Estate

    Section Image
  • 3360 S Ocean Blvd Unit 5FII, Palm Beach, FL 33480

    $2,475,000

    • 3 Beds
    • 2.5 Baths
    • 2,119 Sq Ft
    • 3360 S Ocean Blvd
    • Unit 5FII
    • Palm Beach, FL

    Sweeping, direct ocean views wrap around to the Intracoastal from this tastefully renovated 3BR, 2.5BA apartment. Floor-to-ceiling impact sliders in every room open to East and South terraces, perfect for enjoying sunrises, sunsets, and ocean breezes. The open-concept, custom chef's kitchen complements the modern design. The primary suite features a spa-like bath and two large walk-in closets.

    Joan Wenzel Douglas Elliman

    Section Image
  • 3400 S Ocean Blvd Unit 4fii, Palm Beach, FL 33480

    $2,495,000

    • 3 Beds
    • 2.5 Baths
    • 2,119 Sq Ft
    • 3400 S Ocean Blvd
    • Unit 4fii
    • Palm Beach, FL

    SUNRISE/ SUNSET from this Rare exquisitely renovated DIRECT OCEAN 3 bedroom, 2.5 bath Ocean and/or Intracoastal Views from all rooms plus oversized wide wraparound balcony with Access from all rooms. Finest Materials used in SPECTACULAR KITCHEN with top line appliances, Magnificent Onyx Master Bath, custom woodwork closets with islands, etc. No expense spared. New Resort Style Pool. Tennis

    Donald Gorbach Gorbach Realty

    Section Image
  • 3400 S Ocean Blvd Unit 7d1, Palm Beach, FL 33480

    $2,598,000

    • 3 Beds
    • 2.5 Baths
    • 2,277 Sq Ft
    • 3400 S Ocean Blvd
    • Unit 7d1
    • Palm Beach, FL

    A rare opportunity to purchase this well maintained penthouse residence with panoramic ocean views. Beautiful wrap-around balconies allow for total privacy. The primary bedroom has a unique, private built-in office. New oceanfront pool area complete with fire pits and grills. The complex also features a fitness center, pickle ball courts, tennis courts and of course...the beach. A resort

    Kerry Warwick The Corcoran Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 -- None Listed On Document
Warranty Deed $2,662,500 Equity Land Title
Warranty Deed $1,395,000 Trident Title
Warranty Deed $717,500 Attorney
Warranty Deed $440,000 --
Warranty Deed $420,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $336,000 No Value Available
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10949158

BeachesMLS

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