$1,395,000
SOLD JUL 26, 2021

3120 S Ocean Blvd Unit 2502 Palm Beach, FL 33480

2 Beds
2 Baths
2,497 Sq Ft
$2,120/mo HOA Fee

Recently Sold

$559 Per Sq Ft

47 Days on Market

Highlights

  • Doorman
  • Direct Ocean View
  • Property fronts an intracoastal waterway
  • Palm Beach Public School Rated A-
  • Docks
  • Tennis Courts

About This Home

As of May 2024

Lives like a house in the sky, and located in one of Palm Beach's sought after luxury boutique direct ocean condos, this tastefully renovated, spacious 2BD +Den/2.5BA has many rich contemporary finishes and quality custom details. Floating ceilings with amazing art lighting, eat in kitchen, creme de marfil flooring, beautiful bathrooms, built-ins, generous closets, impact glass, garage parking, flexible floor plan. Enjoy picturesque sunrises and sunsets from large balconies. Many building amenities include: dock, 3 gyms, tennis court, resort-like pool and great services. Move right into this one!

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 04/07/2021

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

GARY LITTLE

MCCANN COYNER CLARKE

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $5,234

Year Built

  • Built in 1984

Lot Details

  • Property fronts an intracoastal waterway
  • Home has sun exposure from multiple directions

HOA Fees

  • $2,120 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 2,497 Sq Ft Home
  • Wet Bar
  • Dining Room
  • Library
  • Storage
  • Utility Room
  • Home Gym
  • Direct Ocean Views

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Docks
  • Tennis Courts
  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434426070025020

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer
  • 45 Units
  • 3120 Bldg Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$5,234

Year Built

Built in 1984

Lot Details

0

HOA Fees

$2,120 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: 3120 Bldg
  • Year Built: 1984
  • Location Tax Legal:Name of Building: 3120 Bldg
  • Location Tax Legal:Zoned: 0407 Residential - Total Value - Condominium - Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 5234.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 2497.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 6360.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 45
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: 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:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Exposure of Unit:North2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Exposure of Unit:West2: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Dock:Dock Space Available: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Cable, Storage, Wet Bar, Wndw Trmnts Included, Smoke Alarms, Pantry
  • Living Area: 2497.0
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Impact Windows, Tennis Court - Hard, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court - Hard: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

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

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434426070025020
  • Zoning: 0407 Residential - Total

Multi Family

  • Number Of Units Total: 45
  • Maintenance Expense: 6360.0

Tax Info

  • Tax Annual Amount: 5234.0
  • Tax Year: 2020

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

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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 -- 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: 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 $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

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-16

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