$160,000
SOLD JAN 24, 2025

3589 S Ocean Blvd Unit 509 South Palm Beach, FL 33480

1 Bed
1.5 Baths
1,016 Sq Ft
$1,293/mo HOA Fee

Recently Sold

$157 Per Sq Ft

29% Below List Price

40 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Clubhouse
  • Property fronts an intracoastal waterway
  • Home fronts a lagoon or estuary
  • Sauna

About This Home

As of January 2025

SPACIOUS 1 BEDROOM 1-1/2 BATH CONDO. ALL TILE, WHITE KITCHEN W/GRANITE, W/D IN UNIT. NEW IMPACT WINDOWS, UNF, WALKIN SHOWER. NEWER APPLIANCES. SHARE 2 POOLS ON OCEAN/INTRACOASTAL, EXERCISE ROOM, GYM, 24 HR DOORPERSON. BEST PRICED ONE BEDROOM IN THE BUILDING.

Last Agent to Sell the Property

Lenore Galasso

Apogee Team Realty, LLC License #569244 Listed on: 08/23/2024

Last Buyer's Agent

Lenore Galasso

Apogee Team Realty, LLC License #569244 Listed on: 08/23/2024

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • Home fronts a lagoon or estuary
  • Property fronts an intracoastal waterway

HOA Fees

  • $1,293 Monthly HOA Fees

Property Views

  • Intracoastal
  • Lagoon
  • Pool

Interior Spaces

  • 1,016 Sq Ft Home
  • Sliding Windows
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 62434435100025090
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pest control, pool(s), sewer, security, trash, water
  • 234 Units
  • High-Rise Condominium
  • Mayfair House Condo Subdivision
  • 9-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Bike Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,293 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: FROM OCEAN AVE (LANTANA) E TO A1A, N TO MAYFAIR LAKE
  • Year Built: 1974
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 1016.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 9
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Lagoon, Pool
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Lagoon
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1293.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Sauna, Storage, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 62434435100025090
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4191.0

Multi Family

  • Number Of Units In Community: 234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Jan 16, 2025
Sold by
Pagano John
Bought by
Dambra Family Trust and Dambra
Seller's Agent
Lenore Galasso
Apogee Team Realty, LLC
Buyer's Agent
Lenore Galasso
Apogee Team Realty, LLC
List Price
$225,500
Sold Price
$160,000
Premium/Discount to List
-$65,500
-29.05%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.20%

Purchase Details

Closed on
Mar 29, 2017
Sold by
Iannazzo Giorgan Derosa
Bought by
Pagano John

Purchase Details

Closed on
Jul 10, 2012
Sold by
Iannazzo Giorgan Derosa and Caridi Davio Salvatore
Bought by
Iannazzo Giorgan Derosa

Purchase Details

Closed on
Nov 2, 1998
Sold by
Beal Harold K and Beal Dolores
Bought by
Derosa Giorgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
6.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $160,000 Lighthouse Title Services
Warranty Deed $160,000 Lighthouse Title Services
Warranty Deed $165,000 First Intl Title Inc
Warranty Deed $50,000 Attorney
Warranty Deed $62,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $35,000 Credit Line Revolving
Previous Owner $31,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $239,000 +24.2% $235 / Sq Ft
04/19/2025 04/19/25 For Sale $192,500 +20.3% $189 / Sq Ft
01/24/2025 01/24/25 Sold $160,000 -20.0% $157 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/27/2024 09/27/24 Price Changed $199,900 -11.4% $197 / Sq Ft
08/23/2024 08/23/24 For Sale $225,500 -- $222 / Sq Ft
Source: BeachesMLS

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 $4,191 $196,988 -- --
2023 $4,020 $179,080 $0 $0
2022 $3,683 $162,800 $0 $0
2021 $3,185 $148,000 $0 $148,000
2020 $3,214 $148,000 $0 $148,000
2019 $3,287 $148,000 $0 $148,000
2018 $3,102 $143,000 $0 $143,000
2017 $2,635 $118,000 $0 $0
2016 $2,485 $108,000 $0 $0
2015 $2,526 $106,000 $0 $0
2014 $2,551 $106,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kelley McDougall

    Illustrated Properties LLC

    (561) 309-2646

    1 in this area

    80 Total Sales

    Section Image

  • L

    Seller's Agent in 2025

    Lenore Galasso

    Apogee Team Realty, LLC

    (561) 389-0874

    20 in this area

    22 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R11014896

BeachesMLS

APN: 62-43-44-35-10-002-5090

Florida Palm Beach County South Palm Beach 33480

3589 S Ocean Blvd Unit 509, South Palm Beach, FL

This home is located at 3589 S Ocean Blvd Unit 509, South Palm Beach, FL 33480 and is currently priced at $160,000, approximately $157 per square foot. This property was built in 1974. 3589 S Ocean Blvd Unit 509 is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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