$363,999
$11K PRICE DROP

3589 S Ocean Blvd Unit 507 South Palm Beach, FL 33480

Estimated payment $4,352/month

Total Views 2,248
2 Beds
2 Baths
1,541 Sq Ft
$236 Price per Sq Ft

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!

Listing Agent

Claire Albertson

The Inside Network License #3573622 Listed on: 08/20/2025

The Inside Network

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,028

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,936 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1974
  • Entry Level: 5
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Pantry, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1541.0
  • Stories: 9
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Ocean
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest

Utilities

  • Security: Door Man, Intercom, Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1936.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Spa/Hot Tub, Storage, Elevator(s)
  • Association #2 Fee: 1436.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Number Limit, Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Pest Control, Pool(s), Recreation Facilities, Roof, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 62434435100025070

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6028.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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
Source: Public Records

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
Source: BeachesMLS (Greater Fort Lauderdale)

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 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $196,200 Purchase Money Mortgage
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10520884

BeachesMLS (Greater Fort Lauderdale)

APN: 62-43-44-35-10-002-5070