NOT LISTED FOR SALE

3550 S Ocean Blvd Unit 2a Palm Beach, FL 33480

Estimated Value: $1,762,000 - $6,565,000

3 Beds
3 Baths
3,390 Sq Ft
$1,307/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $4,000,000 $1,180 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $32,256/month

463 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Outdoor Pool
  • Direct Ocean View
  • Fitness Center
  • Waterfront

About This Home

As of February 2021

3550 South Ocean construction is now complete. Enjoy direct panoramic ocean views from this three-bedroom, three and a half bath condo, with floor-to-ceiling windows and doors as well as private outdoor terraces. Other features include a private elevator lobby, European Oak wood flooring, a kitchen with Fanitini faucet, custom statement island of solid stone and Miele appliances. The building offers luxury amenities including a private beach, pool, sun terrace, virtual and onsite concierge, fitness studio, gated access, private storage and parking, pet park, and much more.

Last Agent to Sell the Property

Todd Peter

Sotheby's International Realty, Inc. License #BK-3049697 Listed on: 11/05/2019

Sotheby's International Realty, Inc.

Co-Listed By

FRANCES PETER

Sotheby's International Realty, Inc. License #3145843

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $64,499

Year Built

  • Built in 2019

Lot Details

  • Waterfront
  • East Facing Home

HOA Fees

  • $3,390 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 3,390 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Dining Area
  • Library
  • Home Gym
  • Direct Ocean Views

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Gas Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62434435330000210

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, trash, sewer, water, (see remarks)
  • 30 Units
  • 3550 South Ocean Community
  • On-Site Maintenance
  • 7-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$64,499

Year Built

Built in 2019

Lot Details

0

HOA Fees

$3,390 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: 3550 South Ocean
  • Year Built: 2019
  • Location Tax Legal:Name of Building: 3550 South Ocean
  • Location Tax Legal:Zoned: 0400
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 3390.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 3390.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 30
  • General Property Description:_pound_ Floors: 7.0
  • Waterfront-Building:Ocean - Direct: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Pets:Pets Allowed: Yes
  • Pets:Pet Type: Cat or Dog
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Floors:StoneBrick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Washer, Dryer, Range - Gas
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Stone/Brick
  • Interior Amenities: Cable, Ceiling Fan, Wet Bar, Smoke Alarms, Pantry
  • Living Area: 3390.0
  • Stories: 7
  • Interior Features:Smoke Alarms: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Impact Windows, Ocean Access- Deeded, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Trash, Sewer, Water, Other (See Remarks)

Lot Info

  • Development Status: Land Owned
  • Parcel #: 62434435330000210
  • Zoning: 0400

Multi Family

  • Number Of Units Total: 30
  • Maintenance Expense: 3390.0

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Feb 12, 2021
Sold by
Entis Ira S and Jay Harris Nussbaum Revocable
Bought by
Hendin Bryan
Seller's Agent
Todd Peter
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$4,000,000
Sold Price
$4,000,000
Current Estimated Value
$4,430,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,799
Avg. Annual Appreciation
2.22%

Purchase Details

Listed on
Mar 6, 2017
Closed on
Aug 29, 2019
Sold by
3550 Palm Beach Holdings Llc
Bought by
Nussbaum Jay Harris and Jay Harris Nussbaum Revocable Trust
Seller's Agent
Arno De Vos
De Vos Real Estate
Buyer's Agent
Steven Solomon
Douglas Elliman
List Price
$3,590,000
Sold Price
$3,550,000
Premium/Discount to List
-$40,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Hendin Bryan $4,000,000 Attorney
Nussbaum Jay Harris $3,550,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2021 02/16/21 Sold $4,000,000 0.0% $1,180 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
11/05/2019 11/05/19 For Sale $4,000,000 +12.7% $1,180 / Sq Ft
09/29/2019 09/29/19 Sold $3,550,000 -1.1% $1,041 / Sq Ft View Prior Sale
08/30/2019 08/30/19 Pending -- -- --
03/06/2017 03/06/17 For Sale $3,590,000 -- $1,053 / 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 $64,499 $5,650,000 -- --
2023 $89,942 $3,993,000 $0 $5,650,000
2022 $73,757 $3,630,000 $0 $0
2021 $66,737 $3,200,000 $0 $3,200,000
2020 $61,215 $2,900,000 $0 $2,900,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Todd Peter

    Sotheby's International Realty, Inc.

    (561) 659-3555

    2 in this area

    72 Total Sales

    Todd Peter
    Section Image

  • F

    Seller Co-Listing Agent in 2021

    FRANCES PETER

    Sotheby's International Realty, Inc.

    (561) 797-2427

    1 in this area

    31 Total Sales

    FRANCES PETER
    Section Image

  • N

    Buyer's Agent in 2021

    NON MEMBER

    NON MEMBER FIRM

  • Arno De Vos

    Seller's Agent in 2019

    Arno De Vos

    De Vos Real Estate

    (305) 432-1479

    1 in this area

    36 Total Sales

    Arno De Vos
    Section Image

  • S

    Buyer's Agent in 2019

    Steven Solomon

    Douglas Elliman

    (561) 289-3609

    24 Total Sales

    Steven Solomon
    Section Image
See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-2158

APN: 62-43-44-35-33-000-0210

Florida Palm Beach County Palm Beach 33480

3550 S Ocean Blvd Unit 2a, Palm Beach, FL

This home is located at 3550 S Ocean Blvd Unit 2a, Palm Beach, FL 33480 since 05 November 2019 and is currently estimated at $4,430,799, approximately $1,307 per square foot. This property was built in 2019. 3550 S Ocean Blvd Unit 2a is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

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