T
Seller's Agent in 2025
Thor Brown
Compass Florida, LLC
(561) 301-7048
42 Total Sales
The Reef 2275 S Ocean Blvd Palm Beach, FL 33480
Estimated Value: $1,434,000 - $1,835,541
3
Beds
3
Baths
1,868
Sq Ft
$838/Sq Ft
Est. Value
Highlights
- Doorman
- Direct Ocean View
- Fitness Center
- Palm Beach Public School Rated A-
- Property fronts an intracoastal waterway
- Gas Heated Pool
About This Home
As of June 2025Beautiful top floor 3 bedroom, 2.5 bathroom with Ocean, Intracoastal & pool views in The Reef. Enjoy the sunrise and sunset views. Wonderful floor plan with spacious living room, modern kitchen with stainless steel appliances, and large balcony. Impact windows and doors throughout. The Reef is a landmarked Oceanfront building designed by reknown architect Gene Lawrence. Amenities include lovely large pool, easy beach access, fitness center, garage parking, doorman, and on-site manager. Located next to the Palm Beach Tennis Center and a few blocks from the Palm Beach Par 3 Golf Course with award winning clubhouse restaurant. Short drive to Worth Avenue, shopping, dining, and area attractions.
Last Agent to Sell the Property
Compass Florida, LLC License #3022293 Listed on: 01/29/2024
Property Details
Home Type
- Condo-Op
Est. Annual Taxes
- $17,461
Year Built
- Built in 1974
Lot Details
- Property fronts an intracoastal waterway
- Northwest Facing Home
- Sprinkler System
HOA Fees
- $2,894 Monthly HOA Fees
Interior Spaces
- 1,868 Sq Ft Home
- 3-Story Property
- Living Room
- Dining Area
- Utility Room
- Home Gym
Kitchen
- Electric Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Home Security System
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Parking
- 1 Car Garage
- Open Parking
Eco-Friendly Details
- Non-Toxic Pest Control
Outdoor Features
- Gas Heated Pool
- Balcony
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 50434414010023040
Community Details
Overview
- Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
- 78 Units
- Reef, The Community
- On-Site Maintenance
Amenities
- Doorman
- Common Area
- Lobby
- Elevator
Recreation
Pet Policy
- Pets Allowed with Restrictions
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2024
Closed on
Jun 10, 2025
Sold by
Palacorolla Thomas A and Palacorolla Barbara J
Bought by
Hershcopf Cathy
Seller's Agent
Thor Brown
Compass Florida, LLC
Buyer's Agent
guy clark
Douglas Elliman
List Price
$2,250,000
Sold Price
$1,375,000
Premium/Discount to List
-$875,000
-38.89%
Views
117
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,885
Avg. Annual Appreciation
16.44%
Purchase Details
Closed on
May 22, 2007
Sold by
Talmadge Richard and Talmadge Joyce
Bought by
Palacorolla Thomas A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 8, 2001
Sold by
Arthur Talmadge I
Bought by
Talmadge Richard E
Purchase Details
Closed on
Nov 1, 1993
Sold by
Talmadge Richard E and Sussman Joyce A
Bought by
Talmadge Arthur
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hershcopf Cathy | $1,375,000 | None Listed On Document | |
| Hershcopf Cathy | $1,375,000 | None Listed On Document | |
| Palacorolla Thomas A | $635,000 | Attorney | |
| Talmadge Richard E | -- | -- | |
| Talmadge Arthur | $375,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Palacorolla Thomas A | $508,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/10/2025 06/10/25 | Sold | $1,375,000 | -8.3% | $736 / Sq Ft | |
| 04/30/2025 04/30/25 | Pending | -- | -- | -- | |
| 04/22/2025 04/22/25 | Price Changed | $1,500,000 | -11.5% | $803 / Sq Ft | |
| 03/25/2025 03/25/25 | Price Changed | $1,695,000 | -5.6% | $907 / Sq Ft | |
| 02/05/2025 02/05/25 | Price Changed | $1,795,000 | -4.3% | $961 / Sq Ft | |
| 12/09/2024 12/09/24 | Price Changed | $1,875,000 | -3.8% | $1,004 / Sq Ft | |
| 07/15/2024 07/15/24 | Price Changed | $1,950,000 | -13.3% | $1,044 / Sq Ft | |
| 01/29/2024 01/29/24 | For Sale | $2,250,000 | +158.6% | $1,204 / Sq Ft | |
| 06/28/2019 06/28/19 | Sold | $870,000 | -27.4% | $462 / Sq Ft | View Prior Sale |
| 05/29/2019 05/29/19 | Pending | -- | -- | -- | |
| 02/06/2019 02/06/19 | For Sale | $1,198,500 | +37.7% | $636 / Sq Ft | |
| 05/10/2018 05/10/18 | Sold | $870,500 | -24.2% | $462 / Sq Ft | View Prior Sale |
| 04/10/2018 04/10/18 | Pending | -- | -- | -- | |
| 04/24/2017 04/24/17 | For Sale | $1,149,000 | +7.3% | $610 / Sq Ft | |
| 02/24/2017 02/24/17 | Sold | $1,070,500 | +18.3% | $573 / Sq Ft | View Prior Sale |
| 01/25/2017 01/25/17 | Pending | -- | -- | -- | |
| 12/08/2016 12/08/16 | Sold | $905,000 | 0.0% | $488 / Sq Ft | View Prior Sale |
| 12/08/2016 12/08/16 | Sold | $905,000 | 0.0% | $484 / Sq Ft | View Prior Sale |
| 11/14/2016 11/14/16 | Pending | -- | -- | -- | |
| 11/08/2016 11/08/16 | Pending | -- | -- | -- | |
| 07/05/2016 07/05/16 | For Sale | $905,000 | -39.5% | $488 / Sq Ft | |
| 02/04/2016 02/04/16 | For Sale | $1,495,000 | +22.0% | $800 / Sq Ft | |
| 12/30/2015 12/30/15 | For Sale | $1,225,000 | +113.0% | $656 / Sq Ft | |
| 05/07/2015 05/07/15 | Sold | $575,000 | -17.3% | $288 / Sq Ft | View Prior Sale |
| 04/07/2015 04/07/15 | Pending | -- | -- | -- | |
| 06/17/2014 06/17/14 | For Sale | $695,000 | -- | $348 / Sq Ft |
Source: Palm Beach Board of REALTORS®
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 | $18,481 | $1,022,674 | -- | -- |
| 2024 | $18,481 | $929,704 | -- | -- |
| 2023 | $17,461 | $845,185 | $0 | $1,515,000 |
| 2022 | $14,801 | $768,350 | $0 | $0 |
| 2021 | $11,959 | $720,000 | $0 | $720,000 |
| 2020 | $10,945 | $635,000 | $0 | $635,000 |
| 2019 | $10,749 | $610,000 | $0 | $610,000 |
| 2018 | $10,776 | $730,000 | $0 | $730,000 |
| 2017 | $10,496 | $730,000 | $0 | $0 |
| 2016 | $8,262 | $467,500 | $0 | $0 |
| 2015 | $7,711 | $425,000 | $0 | $0 |
| 2014 | $7,812 | $425,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Thor Brown
-
guy clark
Buyer's Agent in 2025
guy clark
Douglas Elliman
(646) 262-3758
51 Total Sales
-
Ashley Copeland
A
Seller's Agent in 2019
Ashley Copeland
Brown Harris Stevens of PB
(561) 596-5959
59 Total Sales
-
Carole Koeppel
C
Buyer's Agent in 2019
Carole Koeppel
Sotheby's Intl. Realty, Inc.
(561) 329-0019
17 Total Sales
-
S
Buyer's Agent in 2018
Suzanne Trapani Frisbie
The Corcoran Group
-
MARYANN CHOPP
M
Buyer's Agent in 2017
MARYANN CHOPP
Sotheby's Intl. Realty, Inc.
(561) 351-1277
34 Total Sales
About The Reef
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 24-175
APN: 50-43-44-14-01-002-3040
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