RENTED APR 30, 2026

3550 S Ocean Blvd Unit 5d Palm Beach, FL 33480

South Palm Beach Area

Estimated Value: $1,766,679 - $2,175,000

2 Beds
4 Baths
2,608 Sq Ft
$735/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2022

Last sale price $2,463,000 $944 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $13,277 / mo

Highlights

  • Direct Ocean View
  • Pool
  • Marble Flooring
  • Property has ocean access
  • Waterfront
  • Wine Refrigerator

About This Home

As of April 2026

Experience the pinnacle of oceanfront elegance at 3550 South Ocean, Palm Beach's newest luxury gated boutique residence. This fully furnished, turnkey 2-bedroom + enclosed den, 3.1-bath full-floor home features private elevator access, curated Roche Bobois furnishings, and custom closets. Expansive floor-to-ceiling windows frame breathtaking ocean views from the living area and primary suite, complemented by sunlit open spaces and white oak flooring. Designed by Champalimaud, the Molteni kitchen impresses with Fantini fixtures, Miele appliances, a gas cooktop, and wine refrigerator. Enjoy the building's concierge, valet, security, and two parking spaces, all just moments from Worth Avenue, the Forbes Five-Star Eau Palm Beach, premier dining, and PBI.

Last Agent to Rent the Property

SUZANNE PETRIZZI

The Corcoran Group License #3292607 Listed on: 05/21/2024

The Corcoran Group

Co-Listed By

Cindy Kief

The Corcoran Group License #SL3619890

Last Renter's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Year Built

  • Built in 2019

Lot Details

  • Waterfront
  • East Facing Home

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,608 Sq Ft Home
  • Living Room
  • Dining Area
  • Den
  • Library
  • Storage
  • Utility Room
  • Direct Ocean Views

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • High Impact Windows
  • High Impact Door

Pool

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Security Deposit $15,000
  • Rent includes water, sewer
  • 12 Month Lease Term
  • Assessor Parcel Number 62434435330000540

Community Details

Overview

  • Property has a Home Owners Association
  • 30 Units
  • 3550 South Ocean Community
  • 8-Story Property

Amenities

  • Lobby
  • Elevator

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Year Built

Built in 2019

Lot Details

0 Sq Ft Lot

Rental Info

  • Tenant Pays: Tenant Pays
  • Pets Other: Breed Restrictions

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: N/A
  • Directions: Ocean Avenue east to S Ocean Blvd/A1A. North to 3550 (white gate) on ocean side. Located between 3570 & 3590 S Ocean Blvd, approx. .25 miles north of the Eau Palm Beach Resort & Spa.
  • Building Name: 3550 South Ocean
  • Year Built: 2019
  • Location Tax Legal:Name of Building: 3550 South Ocean
  • General Property Description:Living Area: 2608.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:_pound_ Units in Complex: 30
  • General Property Description:_pound_ Floors: 8.0
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • Services Included:Full Time Manager: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Contract Information:Deposit Amount: 15000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: Pets w/Restrictions
  • Lease Type:Annual: Yes
  • Style:Three Story: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • ACHeat:Units Air: Yes
  • ACHeat:Units Heat: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Other Equipment: Intercom
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Marble
  • Interior Amenities: Storage
  • Living Area: 2608.0
  • Stories: 8
  • Window Features: Wndw Trmnts Included
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean-Direct
  • Waterfront: Yes
  • Exterior Features: Balcony, Ocean Access-Deeded, Impact Doors, Impact Windows, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking:Total Parking: 2.0

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System, Other Security
  • Cooling: Units Air
  • Cooling Y N: Yes
  • Heating: Units Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water, Sewer
  • Amenities: Full Time Manager

Association/Amenities

  • Restrictions:Condo Association: Yes

Lot Info

  • Parcel #: 62434435330000540

Multi Family

  • Number Of Units Total: 30

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Feb 25, 2022
Sold by
Bought by
Seller's Agent
Mia Morrison
Douglas Elliman
Buyer's Agent
SUZANNE PETRIZZI
The Corcoran Group
List Price
$2,162,980
Sold Price
$2,463,000
Premium/Discount to List
$300,020
13.87%
Current Estimated Value
$1,916,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$546,830
Avg. Annual Appreciation
-5.51%
Original Mortgage
$1,800,000
Outstanding Balance
$1,645,663
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$270,507
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,463,000 Gray Robinson Pa
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2026 04/30/26 Rented $10,500 -30.0% --
12/30/2025 12/30/25 Price Changed $15,000 -16.7% $6 / Sq Ft
11/12/2025 11/12/25 Price Changed $18,000 -18.2% $7 / Sq Ft
11/11/2024 11/11/24 Price Changed $22,000 +37.5% $8 / Sq Ft
09/30/2024 09/30/24 Price Changed $16,000 -15.8% $6 / Sq Ft
05/21/2024 05/21/24 For Rent $19,000 0.0% --
02/28/2022 02/28/22 Sold $2,463,000 +13.9% $945 / Sq Ft View Prior Sale
01/29/2022 01/29/22 Pending -- -- --
09/04/2020 09/04/20 For Sale $2,162,980 -- $830 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $33,065 $1,314,000
2024 $33,065 $1,675,000
2023 $37,760 $1,900,000 $0 $1,900,000
2022 $38,403 $1,870,000 $0 $0
2021 $35,573 $1,700,000 $0 $1,700,000
2020 $35,924 $1,700,000 $0 $1,700,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-853

APN: 62-43-44-35-33-000-0540

Your Personal Tour Guide

Ask me questions while you tour the home.