$1,525,000
SOLD OCT 28, 2024

Sutton Place 2778 S Ocean Blvd Unit 1 Palm Beach, FL 33480

2 Beds
2 Baths
1,542 Sq Ft
$1,980/mo HOA Fee

Recently Sold

$989 Per Sq Ft

10% Below List Price

85 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

As of October 2024

Rare and meticulous 2/2 Penthouse with Direct East Intracoastal exposure/views as well as South by way of wrap around balcony in Sutton Place. Property has been rarely used yet maintained beautifully. Enjoy Sunset views over the intracoastal. Laundry in unit, garage parking. 24 hour doorman, beautiful fitness center, clubhouse, pool on the intracoastal and deeded beach access.

Last Agent to Sell the Property

ELIZABETH (LISA) SABOL-DONO

Compass Florida, LLC License #3187386

Compass Florida, LLC

Last Buyer's Agent

Carol Zuckert

Sotheby's International Realty, Inc. License #3494367

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $12,028

Year Built

  • Built in 1979

Lot Details

  • East Facing Home

HOA Fees

  • $1,980 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,542 Sq Ft Home
  • Dining Area
  • Home Gym
  • High Impact Windows

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434423100015010

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 76 Units
  • Sutton Place Community
  • On-Site Maintenance
  • 5-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$12,028

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,980 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: East on Lake Ave Bridge to Ocean Blvd, North to Sutton place on East side of street. North building.
  • Building Name: Sutton Place
  • Year Built: 1979
  • Location Tax Legal:Name of Building: Sutton Place
  • Location Tax Legal:Zoned: R-D(2) - Heavy Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 12028.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1980.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 76
  • General Property Description:_pound_ Floors: 5.0
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: 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
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Oven-Single, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Wndw Trmnts Included
  • Stories: 5
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: 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, Impact Windows, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Parking:Garage2: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes
  • Pets Allowed: No

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 #: 50434423100015010
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 76
  • Maintenance Expense: 1980.0

Tax Info

  • Tax Annual Amount: 12028.0
  • Tax Year: 2023

Map

About Sutton Place

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $1,525,000 -10.3% $989 / Sq Ft
07/02/2024 07/02/24 For Sale $1,700,000 -- $1,102 / 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
2024 $14,035 $852,500 -- --
2023 $12,028 $775,000 $0 $775,000
2022 $12,356 $772,200 $0 $0
2021 $9,909 $585,000 $0 $585,000
2020 $10,061 $585,000 $0 $585,000
2019 $10,269 $585,000 $0 $585,000
2018 $9,744 $585,000 $0 $585,000
2017 $9,438 $585,000 $0 $0
2016 $8,952 $465,850 $0 $0
2015 $8,709 $423,500 $0 $0
2014 $7,580 $385,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,525,000 Attorneys Key Title
Special Warranty Deed $292,500 Accommodation
Warranty Deed $300,000 --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

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See All Homes in Palm Beach

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1014

APN: 50-43-44-23-10-001-5010

Florida Palm Beach County Palm Beach 33480

2778 S Ocean Blvd Unit 1, Palm Beach, FL

Homes for Sale in Palm Beach, FL

This home is located at 2778 S Ocean Blvd Unit 1, Palm Beach, FL 33480 and is currently priced at $1,525,000, approximately $988 per square foot. This property was built in 1979. 2778 S Ocean Blvd Unit 1 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.

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