$1,395,000
SOLD JUL 26, 2021

3120 S Ocean Blvd Unit 2502 Palm Beach, FL 33480

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

Recently Sold

$559 Per Sq Ft

12% Above List Price

171 Days on Market

Highlights

  • Ocean Front
  • Gated with Attendant
  • High Ceiling
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Community Pool

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 2/2.1 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

Dana Koch

The Corcoran Group License #3027862 Listed on: 01/05/2021

The Corcoran Group

Last Buyer's Agent

Gary Little

Sotheby's Intl. Realty, Inc. License #497423

Sotheby's Intl. Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,234

Year Built

  • Built in 1984

Lot Details

  • Ocean Front

HOA Fees

  • $2,120 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 2,497 Sq Ft Home
  • High Ceiling
  • Family Room
  • Formal Dining Room
  • Den
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • <<builtInOvenToken>>
  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50434426070025020

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, security, trash
  • High-Rise Condominium
  • 3120 Building Subdivision
  • 6-Story Property

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,234

Year Built

Built in 1984

Lot Details

0

HOA Fees

$2,120 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Make a left at 3120 on South Ocean Blvd.
  • 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: Breakfast Area, Dining Area, Separate/Formal Dining Room, High Ceilings, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 2497.0
  • Dining Room Type: Den, Family Room
  • Stories: 6

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Closed Circuit Camera(s), Gated with Guard, Security Lights, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 2120.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Management, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Security, Trash

Lot Info

  • Parcel #: 50434426070025020
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5234.0

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: 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

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Map

Source: BeachesMLS

MLS Number: R10682155

BeachesMLS

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