$250,000
SOLD JAN 6, 2025

Palmsea Condominium 3520 S Ocean Blvd Unit L502 Palm Beach, FL 33480

2 Beds
2 Baths
1,176 Sq Ft
$965/mo HOA Fee

Recently Sold

$213 Per Sq Ft

24% Below List Price

186 Days on Market

Highlights

  • Intracoastal View
  • Formal Dining Room
  • Entrance Foyer
  • Clubhouse
  • Walk-In Closet
  • Tile Flooring

About This Home

As of January 2025

Ocean breezes + tropical Sunsets! Excellent opportunity in South Palm Beach's desirable Palmsea Condominium. Located along a prime area of S Ocean Blvd, this unit is a short walk to the Lake Worth Pier's shopping + dining. Featuring a split floor plan, this spacious 2/2 condo is steps from the Ocean. Palmsea offers an Oceanfront resort style pool with an outdoor grills, fitness room, community and party room. 15 minutes to Palm Beach's renowned Worth Avenue, fine dining and world class shopping.

Last Agent to Sell the Property

Dan Igo

The Corcoran Group License #3313638 Listed on: 06/08/2024

The Corcoran Group

Last Buyer's Agent

Simone Silveira

Delray Beach SS Realty License #690286

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,102

Year Built

  • Built in 1973

HOA Fees

  • $965 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,176 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Parking

  • Garage
  • Open Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62434435080035020

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, pest control, pool(s), reserve fund, water
  • 120 Units
  • High-Rise Condominium
  • Palmsea Condo Subdivision
  • 6-Story Property

Amenities

  • Billiard Room

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,102

Year Built

Built in 1973

Lot Details

0

HOA Fees

$965 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From Ocean Avenue, turn left onto South Ocean Boulevard. Palmsea on your right.
  • Year Built: 1973
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1176.0
  • Dining Room Type: Storage Room
  • Stories: 6

Exterior Features

  • View: Intercoastal
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Garage, Open

Utilities

  • Security: Phone Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 965.0
  • Community Features: Clubhouse, Non-Gated
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Pest Control, Pool(s), Reserve Fund, Water

Lot Info

  • Parcel #: 62434435080035020
  • Zoning Description: R-2A(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2102.0

Multi Family

  • Number Of Units In Community: 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 1997
Sold by
Alguire William G and Alguire Linda A
Bought by
Robbins Marvin H
Current Estimated Value
$380,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Outstanding Balance
$13,740
Interest Rate
7.61%
Mortgage Type
New Conventional
Estimated Equity
$400,579
Source: Public Records

Range of Values:

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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 $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $76,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $250,000 -24.2% $213 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $330,000 -- $281 / 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 $2,453 $166,231 -- --
2023 $2,373 $161,389 $0 $0
2022 $2,418 $156,688 $0 $0
2021 $2,389 $152,124 $0 $0
2020 $2,368 $150,024 $0 $0
2019 $2,349 $146,651 $0 $0
2018 $2,224 $143,917 $0 $0
2017 $2,212 $140,957 $0 $0
2016 $2,210 $138,058 $0 $0
2015 $2,269 $137,098 $0 $0
2014 $2,267 $136,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Igo

    Seller's Agent in 2025

    Dan Igo

    The Corcoran Group

    (561) 346-9210

    1 in this area

    116 Total Sales

    Dan Igo
    Section Image
  • Simone Silveira

    Buyer's Agent in 2025

    Simone Silveira

    Delray Beach SS Realty

    (561) 577-7217

    2 in this area

    48 Total Sales

    Simone Silveira
    Section Image
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About Palmsea Condominium

Map

Source: BeachesMLS

MLS Number: R10994551

BeachesMLS

APN: 62-43-44-35-08-004-5020

Florida Palm Beach County Palm Beach 33480

3520 S Ocean Blvd Unit L502, Palm Beach, FL

This home is located at 3520 S Ocean Blvd Unit L502, Palm Beach, FL 33480 and is currently priced at $250,000, approximately $212 per square foot. This property was built in 1973. 3520 S Ocean Blvd Unit L502 is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana 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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