NOT LISTED FOR SALE

3550 S Ocean Blvd Unit 3a Palm Beach, FL 33480

Estimated Value: $1,762,000 - $7,500,748

3 Beds
3.5 Baths
3,390 Sq Ft
$3,390/mo HOA Fee

Last Sold March 10, 2021

Last sale price $4,200,000 $1,239 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $41,068/month

6 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Marble Flooring
  • Ocean Front
  • New Construction
  • Great Room

About This Home

As of March 2021

New Move-in Ready Palm Beach Condos Offer the Ultimate in Upscale Luxury Living! 3550 South Ocean's magnificent condos, the first new beachfront residential development on Palm Beach in a decade, are nestled in the tranquil southern tip of Palm Beach. You'll live just minutes from the world-class dining and shopping of Worth Avenue and the opulent parties and galas that define the town's winter season. Currently five of the most exquisite condos in this modern upscale building of only 30 units are immediately available. Ranging in size from 2, 600 SF to 2,890 SF, there are three 2 bedroom condos and two 3 bedroom condos with your choice of 3 or 3.5 bathrooms, depending on the unit you select.

Last Agent to Sell the Property

SUZANNE PETRIZZI

The Corcoran Group License #3292607 Listed on: 03/03/2021

The Corcoran Group

Co-Listed By

Mia Morrison

The Corcoran Group License #3077087

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $63,849

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Ocean Front

HOA Fees

  • $3,390 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Interior Spaces

  • 3,390 Sq Ft Home
  • Great Room
  • Family Room
  • Den
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Intercom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 62434435330000310

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$63,849

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$3,390 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 3550 building is located between 3570 & 3590 South Ocean Blvd. Located approx. 0.25 miles north of the ''Eau Palm Beach Resort''.
  • Year Built: 2019
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Eat-in Kitchen, Elevator, Walk-In Closet(s), Intercom
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Tile, Wood
  • Living Area: 3390.0
  • Dining Room Type: Den, Family Room, Great Room
  • Stories: 8
  • Window Features: Impact Glass

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Two or More Spaces

Utilities

  • Other Equipment: Intercom
  • Security: Door Man, Security Gate, Phone Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3390.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Insurance, Parking, Sewer, Trash, Water

Lot Info

  • Parcel #: 62434435330000310
  • Zoning Description: R-2A(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 63849.0

Multi Family

  • Number Of Units In Community: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2022
Sold by
Nicholas Perricone
Bought by
Pb24 Llc
Current Estimated Value
$5,413,583
Source: Public Records

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 Buyer Sale Price Title Company
Pb24 Llc $6,900,000 Palm Title Services
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2021 03/10/21 Sold $4,200,000 -21.5% $1,239 / Sq Ft
03/03/2021 03/03/21 For Sale $5,350,000 -- $1,578 / 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 $107,708 $5,510,500 -- --
2023 $114,227 $5,800,000 $0 $5,800,000
2022 $76,547 $3,767,500 $0 $0
2021 $69,485 $3,325,000 $0 $3,325,000
2020 $63,849 $3,025,000 $0 $3,025,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10696882

BeachesMLS

APN: 62-43-44-35-33-000-0310