$1,695,000
PENDING $480K PRICE DROP

The Reef 2275 S Ocean Blvd Unit 202 Palm Beach, FL 33480

Estimated payment $13,505/month

Total Views 8,038
2 Beds
2 Baths
1,614 Sq Ft
$1,050 Price per Sq Ft

Highlights

  • Doorman
  • Ocean Front
  • Community Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Card or Code Access

About This Home

Classic two bedroom apartment with stunning ocean vistas. The Reef, a historic landmark condominium , is known as the Boutique Resort Gem on the island of Palm Beach. Indoor garage parking, a newly installed gym, and being pet friendly are also part of this wonderful lifestyle. Steps to the newly designed Phipps Park with specimen foliage and top tennis facilities are another benefit. Walk to the Par Three Golf Course, top restaurants and just a five minute drive to iconic Worth Avenue. Welcome to Paradise!

Listing Agent

Lisa LaReau

Illustrated Properties License #3328357

Illustrated Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,826

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $2,893 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Property Views

Interior Spaces

  • 1,614 Sq Ft Home
  • 3-Story Property
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434414010022020

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, parking, pest control, pool(s), roof, sewer, security, trash, water
  • 78 Units
  • Reef Condo Subdivision

Amenities

  • Doorman
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,826

Year Built

Built in 1974

Lot Details

0

HOA Fees

$2,893 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East side of S Ocean Blvd, first development south of Phipps Ocean Park. Use south entrance and use guest parking in front of south building.
  • Year Built: 1974
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Elevator, Living/Dining Room, Pantry, Split Bedrooms, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1614.0
  • Dining Room Type: Family Room
  • Stories: 3
  • Window Features: Sliding

Exterior Features

  • View: Intercoastal, Ocean, Pool
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Other
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2893.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 50434414010022020
  • Lot Size: East of US-1
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13826.0

Multi Family

  • Number Of Units In Community: 78

Map

About The Reef

Range of Values:

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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
2024 $14,612 $765,325 -- --
2023 $13,826 $695,750 $0 $1,150,000
2022 $11,932 $632,500 $0 $0
2021 $9,807 $575,000 $0 $575,000
2020 $9,543 $550,000 $0 $550,000
2019 $9,739 $550,000 $0 $550,000
2018 $8,680 $505,000 $0 $505,000
2017 $8,402 $505,000 $0 $0
2016 $7,235 $415,000 $0 $0
2015 $7,353 $405,000 $0 $0
2014 $7,354 $396,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Pending -- -- --
02/18/2025 02/18/25 Price Changed $1,695,000 -22.1% $1,050 / Sq Ft
11/21/2024 11/21/24 For Sale $2,175,000 0.0% $1,348 / Sq Ft
09/27/2024 09/27/24 Off Market $2,175,000 -- --
05/09/2024 05/09/24 For Sale $2,175,000 -- $1,348 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $255,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Source: Public Records

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Source: BeachesMLS

MLS Number: R10985845

BeachesMLS

APN: 50-43-44-14-01-002-2020

Florida Palm Beach County Palm Beach 33480

2275 S Ocean Blvd Unit 202, Palm Beach, FL

Homes for Sale in Palm Beach, FL

This home is located at 2275 S Ocean Blvd Unit 202, Palm Beach, FL 33480 and is currently priced at $1,695,000, approximately $1,050 per square foot. This property was built in 1974. 2275 S Ocean Blvd Unit 202 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Lake Worth Community Middle School, and Forest Hill Community High 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.

Lisa LaReau
Listing Agent
Lisa LaReau
Section Image
Illustrated Properties
(561) 872-5769