3589 S Ocean Blvd Unit 507 South Palm Beach, FL 33480
Estimated payment $4,352/month
Highlights
- Doorman
- Fitness Center
- Community Pool
- Ocean Front
- Clubhouse
- Balcony
About This Home
Owner Must Sell! Best deal in the building — closest comp closed at $450K (June ’25). Updated 2BR/2BA with Ocean & Intracoastal views in South Palm Beach. Open layout, large windows & private balcony. Upgrades: hurricane-impact windows/shutters, fresh paint, updated baths, popcorn ceiling removed, newer washer/dryer.
Full-service, finance-friendly building with healthy reserves, low rental ratio & no pending litigation. Amenities include 24/7 front desk, package reception, pool, gym, assigned & guest parking. Renovations underway with brand-new elevators, plus completed concrete restoration & roof.
Residents enjoy exclusive access to Mayfair Ocean with private beach & pool Minutes from Palm Beach shopping, dining & golf. Priced to sell fast — rare opportunity at this price point!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,028
Year Built
- Built in 1974
Lot Details
- Ocean Front
- Property fronts an intracoastal waterway
HOA Fees
- $1,936 Monthly HOA Fees
Parking
- 1 Car Garage
- Guest Parking
- Assigned Parking
Property Views
- Ocean
- Intracoastal
Home Design
- 1,541 Sq Ft Home
- Entry on the 5th floor
Kitchen
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Washer and Dryer
Home Security
Outdoor Features
- Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 62434435100025070
Community Details
Overview
- Association fees include management, common areas, cable TV, insurance, pest control, pool(s), recreation facilities, roof, security, trash, water, internet
- Mayfair House Condo Subdivision
- 9-Story Property
Amenities
- Doorman
- Clubhouse
- Community Storage Space
- Elevator
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- Card or Code Access
- Impact Glass
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $6,028 | $289,892 | -- | -- |
| 2024 | $6,028 | $263,538 | -- | -- |
| 2023 | $5,797 | $239,580 | $0 | $0 |
| 2022 | $4,907 | $217,800 | $0 | $0 |
| 2021 | $4,228 | $198,000 | $0 | $198,000 |
| 2020 | $3,952 | $183,000 | $0 | $183,000 |
| 2019 | $4,041 | $183,000 | $0 | $183,000 |
| 2018 | $3,732 | $173,000 | $0 | $173,000 |
| 2017 | $3,921 | $183,000 | $0 | $0 |
| 2016 | $3,789 | $159,500 | $0 | $0 |
| 2015 | $3,419 | $145,000 | $0 | $0 |
| 2014 | $3,290 | $138,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2025 10/07/25 | Price Changed | $363,999 | -0.3% | $236 / Sq Ft |
| 09/05/2025 09/05/25 | Price Changed | $364,999 | -2.7% | $237 / Sq Ft |
| 08/20/2025 08/20/25 | For Sale | $375,000 | -- | $243 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $340,000 | Southeastern Alliance Title | |
| Warranty Deed | $218,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $196,200 | Purchase Money Mortgage |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10520884
APN: 62-43-44-35-10-002-5070
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