NOT LISTED FOR SALE

3550 S Ocean Blvd Unit 4-B Palm Beach, FL 33480

Estimated Value: $1,527,000 - $4,145,000

3 Beds
3.5 Baths
2,982 Sq Ft
$2,982/mo HOA Fee

Last Sold June 30, 2021

Last sale price $3,120,000 $1,046 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $26,616/month

89 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Great Room
  • Ocean Front
  • Marble Flooring
  • Den

About This Home

As of June 2021

READY FOR MOVE-IN. Perfect for a family seeking a spacious 2,982 Interior Sq.Ft. 3-Bedroom plus Den residence in the Palm Beaches' newest oceanfront condo ''3550 South Ocean''. One of only 30 residences in the building, Residence 4-B features a private elevator foyer, European Oak wood flooring, a chef 's kitchen with Miele appliances including gas stove cooktop, and an over-sized Great Room. Experience an oceanfront salt-chlorinated pool, on-site Concierge, direct beach access and more - all just steps from ''The Eau Palm Beach and a picturesque drive to Worth Avenue.

Last Agent to Sell the Property

Arno De Vos

De Vos Real Estate License #3249267 Listed on: 03/02/2021

Last Buyer's Agent

LILLY FERREIRA

Brown Harris Stevens of PB License #3275943

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $68,448

Year Built

  • Built in 2019

Lot Details

  • Ocean Front

HOA Fees

  • $2,982 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Property Views

  • Ocean
  • Pool

Interior Spaces

  • 2,982 Sq Ft Home
  • Entrance Foyer
  • Great Room
  • Combination Kitchen and Dining Room
  • Den

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Security Gate
  • Intercom
  • Closed Circuit Camera

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 62434435330000420

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, insurance, parking, sewer, security, trash, water
  • 30 Units
  • High-Rise Condominium
  • 3550 South Ocean Subdivision
  • 8-Story Property

Amenities

  • Doorman
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Phone Entry
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$68,448

Year Built

Built in 2019

Lot Details

0

HOA Fees

$2,982 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 3550 South Ocean is located approximately 1/4 Mile north of ''The Eau Palm Beach'' Resort. Between 3570 & 3590 South Ocean Blvd., SOUTH Palm Beach.
  • Year Built: 2019
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Elevator, Kitchen/Dining Combo, Walk-In Closet(s), Intercom
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Tile, Wood
  • Living Area: 2982.0
  • Dining Room Type: Den, Great Room, Laundry
  • Stories: 8
  • Window Features: Impact Glass

Exterior Features

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

Garage/Parking

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

Utilities

  • Other Equipment: Intercom
  • Security: Closed Circuit Camera(s), Door Man, Security Gate, Phone Entry, Smoke Detector(s)
  • 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: 2982.0
  • Community Features: Non-Gated, Property Manager On-Site
  • Senior Community: No
  • Amenities: Fitness Center, Management, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Insurance, Parking, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 62434435330000420
  • Zoning Description: 0400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020

Multi Family

  • Number Of Units In Community: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jun 30, 2021
Sold by
Modo Capital Llc
Bought by
Livingston Valerie
Seller's Agent
Arno De Vos
De Vos Real Estate
Buyer's Agent
LILLY FERREIRA
Brown Harris Stevens of PB
List Price
$3,890,000
Sold Price
$3,120,000
Premium/Discount to List
-$770,000
-19.79%
Current Estimated Value
$3,381,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,841
Avg. Annual Appreciation
1.90%

Purchase Details

Listed on
Jun 30, 2017
Closed on
Oct 16, 2019
Sold by
3550 Palm Beach Holdings Llc
Bought by
Modo Capital Llc
Seller's Agent
Arno De Vos
De Vos Real Estate
List Price
$3,110,000
Sold Price
$2,800,000
Premium/Discount to List
-$310,000
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$2,750,000
Interest Rate
3.4%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Livingston Valerie $3,120,000 Old Republic Natl Ttl Ins Co
Modo Capital Llc $2,800,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Modo Capital Llc $2,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $3,120,000 -19.8% $1,046 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $3,890,000 +38.9% $1,304 / Sq Ft
10/16/2019 10/16/19 Sold $2,800,000 -10.0% $903 / Sq Ft View Prior Sale
09/16/2019 09/16/19 Pending -- -- --
06/30/2017 06/30/17 For Sale $3,110,000 -- $1,003 / 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 $68,448 $3,460,600 -- --
2023 $64,741 $3,146,000 $0 $0
2022 $58,133 $2,860,000 $0 $0
2021 $48,095 $2,300,000 $0 $2,300,000
2020 $48,569 $2,300,000 $0 $2,300,000
Source: Public Records

Agents Affiliated with this Home

  • Arno De Vos

    Seller's Agent in 2021

    Arno De Vos

    De Vos Real Estate

    (305) 432-1479

    1 in this area

    36 Total Sales

    Arno De Vos
    Section Image

  • L

    Buyer's Agent in 2021

    LILLY FERREIRA

    Brown Harris Stevens of PB

    (561) 659-6400

    1 in this area

    31 Total Sales

    LILLY FERREIRA
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10696575

BeachesMLS

APN: 62-43-44-35-33-000-0420

Florida Palm Beach County Palm Beach 33480

3550 S Ocean Blvd Unit 4-B, Palm Beach, FL

This home is located at 3550 S Ocean Blvd Unit 4-B, Palm Beach, FL 33480 since 02 March 2021 and is currently estimated at $3,381,841, approximately $1,134 per square foot. This property was built in 2019. 3550 S Ocean Blvd Unit 4-B 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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