$1,000,000
SOLD APR 30, 2025

3550 S Ocean Blvd Unit 5-E Palm Beach, FL 33480

3 Beds
3.5 Baths
2,823 Sq Ft
$4,634/mo HOA Fee

Recently Sold

$354 Per Sq Ft

44% Below List Price

25 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Wood Flooring
  • Community Cabanas
  • Gated Community
  • Den

About This Home

As of April 2025

AUCTION BIDDING OPEN! Bidding ends March 31! Previously Listed for $1.8M. Current high bid is $1,000,000. Showings by Appointment. Buyers must show proof of funds. Situated on the prestigious Palm Beach Island, Unit 5E offers a luxurious lifestyle. Newly constructed boutique building w/exclusive oceanfront residences. Floor-to-ceiling glass windows & sliding glass doors flood the interior w/natural light thru-out. 3 private balconies offer sweeping views of the Atlantic Ocean, Intracoastal Waterway, city skyline, sunrises & sunsets. Elegant & contemporary finishes incl limestone, coral stone, white oak flooring. Kitchen is equipped w/Miele appliances. Spacious primary suite boasts ocean views & spa-inspired bath. This extraordinary home offers ideal space, location & amenities.

Last Agent to Sell the Property

John Bols

JD Bols & Associates License #3557493 Listed on: 03/07/2025

Last Buyer's Agent

John Bols

JD Bols & Associates License #3557493 Listed on: 03/07/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019

Lot Details

  • Ocean Front

HOA Fees

  • $4,634 Monthly HOA Fees

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 2,823 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Open Floorplan
  • Den

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate
  • Intercom

Parking

  • Over 1 Space Per Unit
  • Covered Parking
  • Assigned Parking

Outdoor Features

  • In Ground Spa
  • Property has ocean access

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 62434435330000550

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), recreation facilities, reserve fund, roof, sewer, security, trash, water
  • 3550 South Ocean Condo Subdivision
  • 7-Story Property

Amenities

  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Card or Code Access
  • Phone Entry
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2019

Lot Details

0

HOA Fees

$4,634 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2019
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Entrance Foyer, Kitchen/Dining Combo, Living/Dining Room, Pantry, Separate Shower, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Negotiable
  • Spa Features: In Ground, Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile, Wood
  • Living Area: 2823.0
  • Dining Room Type: Den, Laundry, Storage Room
  • Stories: 7
  • Window Features: Blinds, Drapes

Exterior Features

  • View: Intercoastal, Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Covered, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Other Equipment: Intercom
  • Security: Security System, Closed Circuit Camera(s), Security Gate, Key Card Entry, Phone Entry, Security Guard, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 4634.0
  • Community Features: Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Cabana, Fitness Center, Management, Pool, Spa/Hot Tub, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 62434435330000550
  • Lot Size: Paved Road
  • Zoning Description: R-2A

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 27965.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
Apr 25, 2025
Sold by
2419 29Th St Llc and 1520 Tyler Llc
Bought by
Zhang Yu and Zhang Ning
Seller's Agent
John Bols
JD Bols & Associates
Buyer's Agent
John Bols
JD Bols & Associates
List Price
$1,800,000
Sold Price
$1,000,000
Premium/Discount to List
-$800,000
-44.44%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
268.37%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $1,000,000 None Listed On Document
Warranty Deed $1,000,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $1,000,000 0.0% $354 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/25/2025 03/25/25 Price Changed $1,000,000 -44.4% $354 / Sq Ft
03/07/2025 03/07/25 For Sale $1,800,000 -5.3% $638 / Sq Ft
08/10/2021 08/10/21 Sold $1,900,000 0.0% $701 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $1,900,000 -- $701 / 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 $29,130 $1,475,000 -- --
2023 $36,769 $1,850,000 $0 $1,850,000
2022 $38,044 $1,870,000 $0 $0
2021 $39,747 $1,900,000 $0 $1,900,000
2020 $51,731 $2,450,000 $0 $2,450,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    John Bols

    JD Bols & Associates

    (619) 239-6335

    1 in this area

    4 Total Sales

    Section Image
  • Mia Morrison

    Seller's Agent in 2021

    Mia Morrison

    The Corcoran Group

    (561) 379-7691

    23 in this area

    48 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2021

    SUZANNE PETRIZZI

    The Corcoran Group

  • N

    Buyer's Agent in 2021

    NON MEMBER

    NON MEMBER FIRM

See All Agents

Map

Source: BeachesMLS

MLS Number: R11069146

BeachesMLS

APN: 62-43-44-35-33-000-0550

Florida Palm Beach County Palm Beach 33480

3550 S Ocean Blvd Unit 5-E, Palm Beach, FL

This home is located at 3550 S Ocean Blvd Unit 5-E, Palm Beach, FL 33480 and is currently priced at $1,000,000, approximately $354 per square foot. This property was built in 2019. 3550 S Ocean Blvd Unit 5-E 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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