$5,299,000
$101K PRICE DROP

The Reef 2275 S Ocean Blvd Unit 205/206 Palm Beach, FL 33480

Estimated payment $36,970/month

Total Views 2,841
5 Beds
4.5 Baths
3,459 Sq Ft
$1,532 Price per Sq Ft

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Community Cabanas
  • Waterfront

About This Home

Presenting a rare opportunity to own a double unit in The Reef Palm Beach, one of the most sought-after, historically designated mid-century modern buildings in Palm Beach. Designed by renowned architect Gene Lawrence, this architectural gem combines the elegance of classic design with modern luxury, offering an unparalleled living experience.This offering features two expansive units, totaling 4 bedrooms and 4.5 baths, with dramatic direct east and north exposures.Key Features:Historic Gene Lawrence Mid-Century Modern Architecture - A historically designated property, showcasing timeless design and impeccable craftsmanship.4 Bedrooms & 4.5 Baths - An expansive layout offering spacious living, perfect for both family living and sophisticated entertaining.Direct East

Listing Agent

Patrick LeTourneau

One Sotheby's International Re License #3478161

One Sotheby's International Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,073

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $4,638 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Property Views

  • Garden

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 3,459 Sq Ft Home
  • 4-Story Property
  • Furnished or left unfurnished upon request
  • Bar
  • Family Room
  • Open Floorplan

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434414010032060
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include common areas, cable TV, hot water, insurance, pool(s), sewer, security, trash, internet
  • Reef Condo Subdivision

Amenities

  • Doorman
  • Elevator
  • Bike Room
  • Community Wi-Fi

Recreation

  • Community Cabanas

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,073

Year Built

Built in 1974

Lot Details

0

HOA Fees

$4,638 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Driving South from Southern Blvd, continue on S Ocean Blvd, pass Sloans Curve and The Reef is on the left. Units are in the Atrium building.
  • Year Built: 1974
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Eat-in Kitchen, Family/Dining Room, Kitchen/Dining Combo, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Cooktop, Dishwasher, Electric Range, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile
  • Living Area: 3459.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 4
  • Window Features: Impact Glass

Exterior Features

  • View: Garden, Ocean, Pool
  • Pool Features: None
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Covered, Garage, Two or More Spaces

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 4638.0
  • Community Features: Internet Access, Non-Gated, Property Manager On-Site
  • Senior Community: No
  • Amenities: Bike Storage, Cabana, Fitness Center, Management, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Hot Water, Insurance, Pool(s), Sewer, Security, Trash, Internet

Lot Info

  • Parcel #: 50434414010032060
  • Lot Size: East of US-1
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 33073.0

Map

About The Reef

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 $25,859 $1,600,225 -- --
2023 $24,194 $1,454,750 $0 $1,750,000
2022 $20,937 $1,322,500 $0 $0
2021 $13,692 $815,000 $0 $815,000
2020 $12,677 $740,000 $0 $740,000
2019 $8,221 $499,256 $0 $0
2018 $7,812 $489,947 $0 $0
2017 $7,799 $479,870 $0 $0
2016 $7,498 $470,000 $0 $0
2015 $7,442 $410,000 $0 $0
2014 $7,540 $410,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2025 03/09/25 Price Changed $5,299,000 -1.9% $1,532 / Sq Ft
01/06/2025 01/06/25 For Sale $5,400,000 -- $1,561 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,700,000 Attorney
Warranty Deed $540,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Similar Homes in the area

  • 2275 S Ocean Blvd Unit 307 & 308, Palm Beach, FL 33480

    $4,995,000

    • 3 Beds
    • 4.5 Baths
    • 3,711 Sq Ft
    • 2275 S Ocean Blvd
    • Unit 307 & 308
    • Palm Beach, FL

    Rarely available, this extraordinary direct oceanfront penthouse, boasting 4,720 total sq. ft., has coveted wrap around east and southeast balconies. Stunning water views from every room! Comprised of 3 bedrooms, with possibility of 4th bedroom, 4.1 baths, dining room, library and chef's kitchen, all renovated with real hardwood flooring, high end finishes and brand new hurricane impact windows.

    ALEXANDRA (ALEX) LADOVE Brown Harris Stevens of PB

    Section Image
  • 2770 S Ocean Blvd Unit 201N, Palm Beach, FL 33480

    $4,100,000

    • 4 Beds
    • 5.5 Baths
    • 4,370 Sq Ft
    • 2770 S Ocean Blvd
    • Unit 201N
    • Palm Beach, FL

    Rarely available and desirable condominium with only 30 residences, offer the utmost in service and amenities. Exquisitely renovated residence with over 4370 sq.ft. of living space and 780 ft of east and west terraces, offering outdoor living space with spectacular oceanfront sunrises and sunset views. Gourmet DownsView Kitchen complete with Miele appliances overlooks the sea. The spacious

    Carole Koeppel Sotheby's Intl. Realty, Inc.

    Section Image
  • 2770 S Ocean Blvd Unit N401, Palm Beach, FL 33480

    $5,395,000

    • 4 Beds
    • 4.5 Baths
    • 4,370 Sq Ft
    • 2770 S Ocean Blvd
    • Unit N401
    • Palm Beach, FL

    Mansion In The Sky - The 2770 Building is South Ocean Blvd's. Premier Luxury Boutique Oceanfront Residence. You'll arrive to this spectacular property in your private elevator. Once inside this newly renovated 4 BR/4.5BA modern oceanfront home you will find excellent workmanship, custom lighting & cabinetry and exquisite taste throughout. The Primary Suite offers abundant custom closets,

    Scott Gordon Douglas Elliman

    Section Image
  • 350 S Ocean Blvd Unit 2040, Palm Beach, FL 33480

    $5,849,000

    • 3 Beds
    • 4 Baths
    • 2,173 Sq Ft
    • 350 S Ocean Blvd
    • Unit 2040
    • Palm Beach, FL

    A truly one-of-a-kind A+ location walk everywhere ocean front residence. This spectacular two-story oceanfront condo offers breathtaking ocean views. Enjoy Spectacular sunrise and sunsets over the Atlantic Ocean from your balcony. Originally two units, this condo has been seamlessly combined into a spacious and elegant 3bed, 4bath, 2,541 sq ft home in a boutique building of just 24 residences. A

    Elizabeth DeWoody Compass Florida LLC (PB)

    Section Image
  • 206 Inlet Way Unit Ph, West Palm Beach, FL 33404

    $4,897,000

    • 3 Beds
    • 4.5 Baths
    • 4,350 Sq Ft
    • 206 Inlet Way
    • Unit Ph
    • West Palm Beach, FL

    ICON at 206 Inlet Way in Palm Beach Shores is a stunning new development coming to waterfront of the gorgeous Palm Beach Inlet. A collaboration of modern design, high-end materials and a timeless location give ICON at PB Shores the perfect opportunity to become your new piece of paradise. The Penthouse has a stunning, direct waterfront presence with 360 degree views within the entire top floor of

    Greg Forest Sotheby's Intl. Realty, Inc.

    Section Image
See All Homes in Palm Beach

Source: BeachesMLS

MLS Number: R11049898

BeachesMLS

APN: 50-43-44-14-01-003-2060

Florida Palm Beach County Palm Beach 33480

2275 S Ocean Blvd Unit 205/206, Palm Beach, FL

Homes for Sale in Palm Beach, FL

This home is located at 2275 S Ocean Blvd Unit 205/206, Palm Beach, FL 33480 and is currently priced at $5,299,000, approximately $1,531 per square foot. This property was built in 1974. 2275 S Ocean Blvd Unit 205/206 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.

Listing Agent
Patrick LeTourneau
Section Image
One Sotheby's International Re
(561) 778-1950