$4,149,995
RENTED MAR 1, 2025

3550 S Ocean Blvd Unit 6b Palm Beach, FL 33480

3 Beds
4 Baths
2,965 Sq Ft
$1,400 Price per Sq Ft

Highlights

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

About This Home

As of March 2025

Welcome home to your winter escape! This breathtaking, direct oceanfront 3 bed/3.1 ba + den residence (built 2019) is being offered fully furnished for the Palm Beach season. Designed by renowned Champalimaud, this exquisite beach home boasts luxurious finishes throughout incl. Austrian white oak floors, Miele appliances, elegant marble countertops & kitchen island, Molteni cabinetry & Fantini fixtures. 3550 South Ocean is a gated building offering amenities incl. oceanfront pool, fitness center, concierge & valet parking. Located at the serene south end of Palm Beach, just minutes from the world-class dining and shopping of Worth Avenue, pristine golf courses, marinas & the convenience of Palm Beach International Airport. Pets are welcome; Association requires a 6 mo. rental minimum

Last Agent to Rent the Property

SUZANNE PETRIZZI

The Corcoran Group License #3292607 Listed on: 12/17/2024

The Corcoran Group

Last Renter's Agent

SUZANNE PETRIZZI

The Corcoran Group License #3292607 Listed on: 12/17/2024

The Corcoran Group

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $67,932

Year Built

  • Built in 2019

Lot Details

  • Waterfront
  • East Facing Home

Parking

  • Parking Available

Interior Spaces

  • 2,965 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

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Security Deposit $35,000
  • Rent includes water, sewer
  • 12 Month Lease Term
  • Assessor Parcel Number 62434435330000620

Community Details

Overview

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

Amenities

  • Lobby
  • Elevator

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$67,932

Year Built

Built in 2019

Lot Details

0

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: S Ocean Blvd/A1A 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.
  • Architectural Style: Three + Story
  • Building Name: 3550 South Ocean
  • Year Built: 2019
  • Location Tax Legal:Name of Building: 3550 South Ocean
  • General Property Description:Living Area: 2965.0
  • 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: 35000.0
  • 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
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Marble
  • Interior Amenities: Intercom, Storage, Wndw Trmnts Included
  • Living Area: 2965.0
  • Stories: 8
  • 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
  • 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

  • Parking 2 Car2: Yes

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 #: 62434435330000620

Multi Family

  • Number Of Units Total: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2019
Sold by
3550 Palm Beach Holdings Llc
Bought by
Apa Michael and Apa Lisa
Current Estimated Value
$4,149,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Outstanding Balance
$1,828,405
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$2,321,590
Source: Public Records

Range of Values:

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Average Value
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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
Apa Michael $4,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Apa Michael $2,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2025 03/01/25 Rented $25,000 -10.7% --
02/26/2025 02/26/25 Under Contract -- -- --
01/02/2025 01/02/25 Price Changed $28,000 -20.0% $9 / Sq Ft
12/17/2024 12/17/24 For Rent $35,000 -- --
Source: Palm Beach Board of REALTORS®

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 $67,932 $3,327,500 -- --
2023 $64,416 $3,025,000 $0 $0
2022 $58,052 $2,750,000 $0 $0
2021 $52,269 $2,500,000 $0 $2,500,000
2020 $52,785 $2,500,000 $0 $2,500,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1876

APN: 62-43-44-35-33-000-0620