$650,000
$45K PRICE DROP

La Palma 2860 S Ocean Blvd Unit 5110 Palm Beach, FL 33480

Estimated payment $5,690/month

Total Views 1,171
1 Bed
1.5 Baths
1,180 Sq Ft
$551 Price per Sq Ft

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Gated Community
  • Palm Beach Public School Rated A-
  • Fitness Center
  • 3-minute walk to Lake Worth Beach Park

About This Home

!Experience coastal living in this stunning FURNISHED 1-bedroom, 1.5-bathroom residence with breathtaking Intracoastal views from every room and a spacious balcony perfect for relaxation. This newly furnished, turn-key unit features a bright living room and a large bedroom with two walk-in closets.Enjoy upscale amenities, including an on-site manager, doorman, saltwater pool, and gym, along with one covered parking spot. Deeded beach access is just across the street, and the property is conveniently located north of the Lake Worth Bridge, just steps from The Four Seasons and the Lake Worth Beach Farmer's Market. Additionally, a two-bedroom guest apartment is available for owners to rent out to visitors. Don't miss this exceptional opportunity !**Also available for rent ; $3,000 /mo

Listing Agent

Jessica Julian

Douglas Elliman License #3323123

Douglas Elliman

Co-Listing Agent

Giuliana Torre

Douglas Elliman License #3482519

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,601

Year Built

  • Built in 1971

HOA Fees

  • $1,519 Monthly HOA Fees

Property Views

  • Garden

Interior Spaces

  • 1,180 Sq Ft Home
  • Furnished
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

  • Security Gate
  • Closed Circuit Camera

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Open Parking
  • Assigned Parking

Utilities

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

Additional Features

  • Seawall

Listing and Financial Details

  • Assessor Parcel Number 50434423030005110

Community Details

Overview

  • La Palma Condo Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Community Library
  • Laundry Facilities
  • Bike Room

Recreation

  • Trails

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,601

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,519 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Third building north of the Lake Worth Bridge in Palm Beach directly on the Intracoastal.
  • Year Built: 1971
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry, Tub Shower
  • Furnished: Furnished
  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood, Tile, Vinyl, Wood
  • Living Area: 1180.0
  • Dining Room Type: Storage Room
  • Stories: 6

Exterior Features

  • View: Garden, Intercoastal, Pool
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Detached, Garage, Guest, Open, Two or More Spaces

Utilities

  • Laundry Features: Common Area
  • Security: Closed Circuit Camera(s), Door Man, Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1519.0
  • Community Features: Gated, Property Manager On-Site, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Trail(s), Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 50434423030005110
  • Lot Size: East of US-1,Public Road
  • Lot Size Sq Ft: 90.0
  • Zoning Description: R-D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6601.0

Map

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 $6,601 $379,500 -- --
2023 $5,536 $345,000 $0 $345,000
2022 $4,048 $209,330 $0 $0
2021 $3,621 $213,000 $0 $213,000
2020 $3,226 $173,000 $0 $173,000
2019 $3,121 $163,000 $0 $163,000
2018 $2,871 $153,000 $0 $153,000
2017 $2,868 $153,000 $0 $0
2016 $2,433 $134,310 $0 $0
2015 $2,344 $122,100 $0 $0
2014 $2,114 $111,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $650,000 -4.4% $551 / Sq Ft
03/24/2025 03/24/25 Price Changed $680,000 -2.2% $576 / Sq Ft
03/14/2025 03/14/25 For Sale $695,000 0.0% $589 / Sq Ft
03/05/2025 03/05/25 Off Market $695,000 -- --
03/04/2025 03/04/25 For Sale $695,000 0.0% $589 / Sq Ft
07/01/2024 07/01/24 Rented $3,000 0.0% --
06/20/2024 06/20/24 Under Contract -- -- --
05/08/2024 05/08/24 Price Changed $3,000 -14.3% $3 / Sq Ft
03/25/2024 03/25/24 For Rent $3,500 +16.7% --
07/15/2023 07/15/23 Rented $3,000 0.0% --
06/27/2023 06/27/23 Under Contract -- -- --
05/19/2023 05/19/23 Price Changed $3,000 -14.3% $3 / Sq Ft
04/18/2023 04/18/23 Price Changed $3,499 -7.9% $3 / Sq Ft
04/03/2023 04/03/23 For Rent $3,800 0.0% --
02/11/2022 02/11/22 Sold $400,000 -5.9% $339 / Sq Ft
01/13/2022 01/13/22 For Sale $425,000 -- $360 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $400,000 New Title Company Name
Interfamily Deed Transfer -- Attorney
Warranty Deed $129,000 Integrity Land Title
Warranty Deed $116,000 --
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Credit Line Revolving
Previous Owner $25,000 New Conventional
Previous Owner $92,800 New Conventional
Source: Public Records

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Source: BeachesMLS

MLS Number: R11067798

BeachesMLS

APN: 50-43-44-23-03-000-5110