NOT LISTED FOR SALE

3550 S Ocean Blvd Unit Ph D Palm Beach, FL 33480

Estimated Value: $1,355,000 - $4,091,000

2 Beds
3 Baths
2,743 Sq Ft
$1,112/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $3,000,000 $1,094 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $24,005/month

100 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Cabana
  • Direct Ocean View
  • Home fronts a seawall
  • Wood Flooring

About This Home

As of June 2021

3550 South Ocean is a NEW CONSTRUCTION Luxury Boutique building directly on the Ocean. Large Spacious 3BD/3BA residences. Private entry foyers and elevators opening to your home with high ceilings, floor to ceiling glass, gas range, and all high end finishes. The 3550 Community is dedicated to a first class lifestyle offering unparalled amenities including a beautiful Salt water pool on the ocean, fitness studio, 2 parking places and private concierge services. Private Roof Top Terrace with summer kitchen, spa and expansive ocean and intracoastal views. Direct Ocean Community is the best of city living on the sand!

Last Agent to Sell the Property

Mia Morrison

The Corcoran Group License #3077087 Listed on: 03/01/2021

The Corcoran Group

Co-Listed By

SUZANNE PETRIZZI

The Corcoran Group License #3292607

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $50,647

Lot Details

  • Home fronts a seawall
  • Home has sun exposure from multiple directions

HOA Fees

  • $2,743 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,743 Sq Ft Home
  • Dining Area
  • Storage
  • Home Gym
  • Wood Flooring
  • Direct Ocean Views
  • High Impact Windows

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Cabana
  • Gas Heated Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • Bulkhead
  • Balcony

Additional Features

  • Non-Toxic Pest Control
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 62434435000020190

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, trash, pest control, sewer, water
  • 30 Units
  • 3550 South Ocean Community
  • On-Site Maintenance
  • 8-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$50,647

Lot Details

0

HOA Fees

$2,743 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Dixie Hwy (US 1) to Ocean Avenue. East to S. Ocean Blvd (A1A). North to building on right side. Located between 3570 & 3590 South Ocean Blvd, approx. 0.25 miles north of the ''Eau Palm Beach Resort''
  • Building Name: 3550 South Ocean
  • Location Tax Legal:Name of Building: 3550 South Ocean
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 50647.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 2743.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 2743.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 30
  • General Property Description:_pound_ Floors: 8.0
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Pool:Salt Water2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Double, Microwave, Washer, Dryer, Range - Gas
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Storage
  • Living Area: 2743.0
  • Stories: 8
  • Interior Features:Storage: 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

Exterior Features

  • Pool Features: Pool, Salt Water, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Cabana, Seawall/Bulkhead, Impact Windows, Ocean Access- Deeded, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes
  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Other Security, Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Other Services
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 62434435000020190
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 30
  • Maintenance Expense: 2743.0

Tax Info

  • Tax Annual Amount: 50647.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jun 8, 2021
Sold by
3550 Palm Beach Holdings Llc
Bought by
Wayne Stephen and Wayne Vicki
Seller's Agent
Mia Morrison
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$3,000,000
Sold Price
$3,000,000
Current Estimated Value
$3,049,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,418
Avg. Annual Appreciation
0.38%
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
Wayne Stephen $3,000,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $3,000,000 0.0% $1,094 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $3,000,000 -- $1,094 / Sq Ft
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 $61,142 $3,101,918 -- --
2023 $60,595 $3,025,888 $0 $0
2022 $55,917 $2,750,807 $0 $0
2021 $47,994 $2,295,188 $0 $2,295,188
2020 $50,647 $2,398,569 $0 $2,398,569
Source: Public Records

Agents Affiliated with this Home

  • Mia Morrison

    Seller's Agent in 2021

    Mia Morrison

    The Corcoran Group

    (561) 379-7691

    23 in this area

    48 Total Sales

    Mia Morrison
    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: Palm Beach Board of REALTORS®

MLS Number: 21-343

APN: 62-43-44-35-33-000-0740

Florida Palm Beach County Palm Beach 33480

3550 S Ocean Blvd Unit Ph D, Palm Beach, FL

This home is located at 3550 S Ocean Blvd Unit Ph D, Palm Beach, FL 33480 since 01 March 2021 and is currently estimated at $3,049,418, approximately $1,111 per square foot. 3550 S Ocean Blvd Unit Ph D is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

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