3550 S Ocean Blvd Unit 3 E Palm Beach, FL 33480
3
Beds
3.5
Baths
2,711
Sq Ft
$2,711/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Marble Flooring
- Ocean Front
- New Construction
- Great Room
About This Home
As of November 20213550 South Ocean is a NEW CONSTRUCTION Luxury Boutique building directly on the Ocean.Large Spacious 3 BD/3BA residences. Private entry foyers and elevators opening to your home with high ceilings, floor to ceiling glass, gas range, and all high end finishes. The 3550 Community is dedicated to a first class lifestyle offering unparalled amenities including a beautiful Salt water pool on the ocean, fitness studio, 2 parking places and private concierge services.Direct Ocean Community is the best of city living on the sand!
Last Agent to Sell the Property
The Corcoran Group License #3077087 Listed on: 09/04/2020
Property Details
Home Type
- Condominium
Year Built
- Built in 2019 | New Construction
Lot Details
- Ocean Front
HOA Fees
- $2,711 Monthly HOA Fees
Parking
- Over 1 Space Per Unit
- Assigned Parking
Interior Spaces
- 2,711 Sq Ft Home
- Great Room
- Family Room
- Den
- Ocean Views
- Washer and Dryer
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
Home Security
- Security Gate
- Intercom
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 62434435330000350
Community Details
Overview
- Association fees include insurance, parking, sewer, trash, water
- 30 Units
- High-Rise Condominium
- 3550 South Ocean Condo Subdivision
- 8-Story Property
Amenities
- Doorman
- Elevator
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Pets Allowed
Security
- Resident Manager or Management On Site
- Phone Entry
- Impact Glass
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2021
Closed on
Oct 29, 2021
Sold by
3550 Palm Beach Holdings Llc
Bought by
Kim Young Kyun
Seller's Agent
Mia Morrison
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,750,000
Sold Price
$1,750,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,356
Avg. Annual Appreciation
5.10%
Original Mortgage
$1,400,000
Outstanding Balance
$1,294,478
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$815,388
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,750,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,400,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/02/2021 11/02/21 | Sold | $1,750,000 | 0.0% | $646 / Sq Ft |
| 11/02/2021 11/02/21 | Sold | $1,750,000 | 0.0% | $646 / Sq Ft |
| 10/03/2021 10/03/21 | Pending | -- | -- | -- |
| 09/27/2021 09/27/21 | Pending | -- | -- | -- |
| 06/25/2021 06/25/21 | For Sale | $1,750,000 | -11.7% | $646 / Sq Ft |
| 09/04/2020 09/04/20 | For Sale | $1,981,741 | -- | $731 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $25,352 | $1,325,000 | -- | -- |
| 2023 | $31,976 | $1,650,000 | $0 | $1,650,000 |
| 2022 | $32,729 | $1,650,000 | $0 | $0 |
| 2021 | $35,573 | $1,700,000 | $0 | $1,700,000 |
| 2020 | $47,516 | $2,250,000 | $0 | $2,250,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Mia Morrison
The Corcoran Group
(561) 379-7691
23 in this area
48 Total Sales
-
S
Seller Co-Listing Agent in 2021
SUZANNE PETRIZZI
The Corcoran Group
(561) 655-9081
18 in this area
64 Total Sales
-
N
Buyer's Agent in 2021
NON MEMBER
NON MEMBER FIRM
Map
Source: BeachesMLS
MLS Number: R10652494
APN: 62-43-44-35-33-000-0350
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