$1,695,000
PENDING

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
  • Direct Ocean View
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Property has ocean access
  • Waterfront

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 KATZ

Illustrated Properties LLC License #SL-3328357

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $13,826

Year Built

  • Built in 1974

Lot Details

  • Northeast Facing Home

HOA Fees

  • $2,893 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,614 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area
  • Storage
  • Home Gym
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434414010022020

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

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$13,826

Year Built

Built in 1974

Lot Details

0

HOA Fees

$2,893 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • 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.
  • Building Name: Reef, The
  • Year Built: 1974
  • Location Tax Legal:Name of Building: Reef, The
  • Location Tax Legal:Zoned: RC
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 13826.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 1614.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 2893.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 78
  • General Property Description:_pound_ Floors: 3.0
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Pets:Pets Allowed: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Other Flooring
  • Interior Amenities: Cable, Storage, Smoke Alarms, Pantry
  • Living Area: 1614.0
  • Stories: 3
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Ocean Access- Deeded, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking:Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Other Security, Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 50434414010022020
  • Zoning: RC

Multi Family

  • Number Of Units Total: 78
  • Maintenance Expense: 2893.0

Tax Info

  • Tax Annual Amount: 13826.0
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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: Palm Beach Board of REALTORS®

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

Similar Homes in Palm Beach, FL

  • 2275 S Ocean Blvd, Palm Beach, FL 33480

    $1,500,000

    • 3 Beds
    • 3 Baths
    • 1,868 Sq Ft
    • 2275 S Ocean Blvd
    • Palm Beach, FL

    Beautiful 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

    Thor Brown Compass Florida, LLC

    Section Image
  • 2295 S Ocean Blvd Unit 424, Palm Beach, FL 33480

    $1,495,000

    • 2 Beds
    • 2 Baths
    • 1,559 Sq Ft
    • 2295 S Ocean Blvd
    • Unit 424
    • Palm Beach, FL

    This completely renovated residence offers the pinnacle of modern luxury. The new kitchen features high-end appliances, a striking quartz countertop and a sleek functional design. The master baths are a spa-like sanctuary, with decorative quartz, terrazzo flooring and elegant hardware that exudes sophistication. The apartment is thoughtfully designed with European wood flooring, custom luxurious

    Gloria Rodriguez - Allsup Sotheby's International Realty, Inc.

    Section Image
  • 2185 Ibis Isle Rd Unit 10, Palm Beach, FL 33480

    $1,595,000

    • 2 Beds
    • 2 Baths
    • 1,476 Sq Ft
    • 2185 Ibis Isle Rd
    • Unit 10
    • Palm Beach, FL

    Discover Waterfront living on Palm Beach's sought after Ibis Isle. Wonderful, unobstructed eastern views of the Intracoastal. Enjoy the sunrise, watch the birds and small boats, and feel the nearby Ocean breezes. This 2 bedroom, 2 bathroom apartment has been taken down to the studs and reconfigured into a modern living space for today's lifestyle, using the finest finishes and in great taste.

    Joan Wenzel Douglas Elliman

    Section Image
  • 2180 Ibis Isle Rd Unit 9, Palm Beach, FL 33480

    $1,350,000

    • 2 Beds
    • 2 Baths
    • 1,269 Sq Ft
    • 2180 Ibis Isle Rd
    • Unit 9
    • Palm Beach, FL

    Ibis Isle is a perfect little oasis in Palm Beach. This stunning and completely furnished turnkey 2-bedroom, 2-bath condominium on Ibis Isle boasts direct intercoastal views from the living room, bedrooms, and generous balcony. With renovations completed in 2024, this beautiful condo is available fully furnished and move-in ready, providing an instant Palm Beach lifestyle. A flick of a switch

    LOUIS BATTISTA Trec Realty LLC

    Section Image
  • 2170 Ibis Isle Rd Unit 8, Palm Beach, FL 33480

    $1,799,000

    • 2 Beds
    • 2 Baths
    • 1,473 Sq Ft
    • 2170 Ibis Isle Rd
    • Unit 8
    • Palm Beach, FL

    Discover the perfect blend of tranquility and luxury living in this stunning two-bedroom, two-bath waterfront condo just minutes from the vibrant allure of Palm Beach! This inviting residence perfectly combines serene surroundings with an incredible lifestyle.Step inside to an open-concept layout filled with natural light, featuring a spacious living area that overlooks serene waters. The

    Kourtney Pulitzer Sotheby's International Realty, Inc.

    Section Image
  • 2165 Ibis Isle Rd Unit 6, Palm Beach, FL 33480

    $1,395,000

    • 2 Beds
    • 2 Baths
    • 1,473 Sq Ft
    • 2165 Ibis Isle Rd
    • Unit 6
    • Palm Beach, FL

    Wonderful intracoastal views from Chateau Rambouillet on desirable Ibis Isle in Palm Beach. Contemporary renovation with white cabinetry and floors, nine foot ceilings, 3 walk in closets ,and a spacious windowed kitchen. The apartment is a corner unit with exposures on all sides. There is a private front entry patio and a east terrace over looking the waterway for relaxing, enjoying the nearby

    Joan Wenzel Douglas Elliman

    Section Image
  • 2160 Ibis Isle Rd Unit 3, Palm Beach, FL 33480

    $1,850,000

    • 2 Beds
    • 2 Baths
    • 1,567 Sq Ft
    • 2160 Ibis Isle Rd
    • Unit 3
    • Palm Beach, FL

    Beautiful waterfront ground-floor, two-bedroom, two-bathroom unit with 1,567 square feet in the 3-story, 12-unit 'Chateau Cheverny' with private walking path and stunning direct Intracoastal views. One block from the Ocean, Beach, town tennis and golf. Completely renovated in 2019, the residence, lives like a private home with its intimate lanai and easy access to the outdoors. The spacious

    Natalie Sterling Sotheby's International Realty, Inc.

    Section Image
  • 2150 Ibis Isle Rd Unit 7, Palm Beach, FL 33480

    $1,750,000

    • 2 Beds
    • 2 Baths
    • 1,949 Sq Ft
    • 2150 Ibis Isle Rd
    • Unit 7
    • Palm Beach, FL

    VIEWS, VIEWS, VIEWS! Hidden Palm Beach Gem offers waterfront living at its finest in this bright second floor two bedroom, two bath condo unit in the premiere boutique PET FRIENDLY Tower Vallandry Condominium!Enjoy sweeping wide intracoastal waterway views from the expansive wrap around balcony, spacious living room, dining room and family room areas. Well-maintained and updated condo unit offers

    MICHELLE KIRSCHNER Douglas Elliman

    Section Image
  • 2760 S Ocean Blvd Unit 116, Palm Beach, FL 33480

    $1,760,000

    • 2 Beds
    • 2 Baths
    • 1,358 Sq Ft
    • 2760 S Ocean Blvd
    • Unit 116
    • Palm Beach, FL

    Discover unparalleled luxury in this exquisite Intracoastal residence, masterfully designed by an internationally acclaimed designer and featured in prestigious publications. This meticulously renovated 2-bedroom, 2-bathroom home epitomizes sophistication and quality, offering a turnkey lifestyle with no detail overlooked. Step inside to find a beautifully furnished interior, where curated

    Mia Morrison The Corcoran Group

    Section Image

Source: Palm Beach Board of REALTORS®

MLS Number: 24-815

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