The Reef 2275 S Ocean Blvd Unit 307 & 308 Palm Beach, FL 33480
Estimated payment $35,623/month
Total Views
2,976
3
Beds
4.5
Baths
3,711
Sq Ft
$1,346
Price per Sq Ft
Highlights
- Doorman
- Ocean Front
- Fitness Center
- Palm Beach Public School Rated A-
- Community Cabanas
- Wood Flooring
About This Home
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. Garage parking for 2 cars, poolside cabana, direct beach access, fully equipped fitness center, two extra-large storage spaces, pet friendly. This prestigious Landmarked full service building is located next to the Palm Beach Tennis Center and a few blocks from the P B Par 3 Golf Course, top restaurants, and only a short drive to Worth Avenue. SEE MORE:
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $25,698
Year Built
- Built in 1974
Lot Details
- Sprinkler System
HOA Fees
- $5,602 Monthly HOA Fees
Parking
- Over 1 Space Per Unit
- Garage Door Opener
- Guest Parking
- Assigned Parking
Interior Spaces
- 3,711 Sq Ft Home
- 3-Story Property
- Wet Bar
- Furnished
- Built-In Features
- Plantation Shutters
- Sliding Windows
- Entrance Foyer
- Family Room
- Formal Dining Room
- Den
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Home Security
- Home Security System
- Security Lights
Location
- Flood Zone Lot
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Assessor Parcel Number 50434414010023070
Community Details
Overview
- Association fees include management, common areas, cable TV, insurance, legal/accounting, ground maintenance, parking, pest control, pool(s), sewer, security, trash, water
- Reef Condo Subdivision
Amenities
- Doorman
- Elevator
- Bike Room
- Community Storage Space
Recreation
- Community Cabanas
Pet Policy
- Pets Allowed
Security
- Resident Manager or Management On Site
- Card or Code Access
- Impact Glass
- Fire and Smoke Detector
- Fire Sprinkler System
Map
About The Reef
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Home Values in the Area
Average Home Value in this Area
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 | $26,264 | $1,772,840 | -- | -- |
| 2023 | $25,698 | $1,721,204 | $0 | $0 |
| 2022 | $25,726 | $1,671,072 | $0 | $0 |
| 2021 | $26,162 | $1,622,400 | $0 | $0 |
| 2020 | $26,212 | $1,600,000 | $0 | $1,600,000 |
| 2019 | $13,899 | $836,879 | $0 | $0 |
| 2018 | $13,203 | $821,275 | $0 | $0 |
| 2017 | $13,196 | $804,383 | $0 | $0 |
| 2016 | $12,965 | $787,838 | $0 | $0 |
| 2015 | $13,405 | $782,361 | $0 | $0 |
| 2014 | $13,467 | $776,152 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Price Changed | $4,995,000 | -16.1% | $1,346 / Sq Ft |
| 01/30/2025 01/30/25 | Price Changed | $5,950,000 | -5.5% | $1,603 / Sq Ft |
| 09/17/2024 09/17/24 | For Sale | $6,299,000 | -- | $1,697 / Sq Ft |
Source: BeachesMLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,796,666 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | -- | Attorney | |
| Warranty Deed | $600,000 | None Available | |
| Warranty Deed | $1,700,000 | Phoenix Title Insurance Corp | |
| Warranty Deed | $260,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $250,000 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $415,900 | New Conventional | |
| Previous Owner | $360,000 | Credit Line Revolving | |
| Previous Owner | $650,000 | Purchase Money Mortgage | |
| Previous Owner | $234,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: BeachesMLS
MLS Number: R11021532
APN: 50-43-44-14-01-002-3070
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