NOT LISTED FOR SALE

Estimated Value: $2,016,253

2 Beds
4 Baths
2,606 Sq Ft
$774/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $1,905,000 $731 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $18,059/month

266 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Waterfront
  • Direct Ocean View
  • Outdoor Pool
  • Marble Flooring

About This Home

As of October 2024

Welcome to your private paradise by the sea! This exquisite brand new construction, oceanfront beach condo, offers the epitome of coastal living, combining luxury, comfort, and breathtaking views. Never been lived in and nestled along the Palm Beach pristine shores, this residence is a rare gem in the coveted Palm Beach community. The spacious living area seamlessly integrates with the gourmet kitchen, creating a perfect space for entertaining and relaxation. High-end appliances, granite appliances, granite countertops, and custom cabinetry make this kitchen a chef's dream. Indulge in the array of resort-style amenities, beachfront pool, fitness center, and direct access to the sandy shores covered parking included. Experience the coastal lifestyle with convenience and sophistication.
With gated access and a 24-hour concierge, residents can enjoy peace of mind and a sense of security. Your private oasis awaits you in this exclusive oceanfront community.

Last Listed By

Kourtney Pulitzer

Sotheby's International Realty, Inc. License #SL-3278434 Listed on: 01/05/2024

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $40,635

Year Built

  • Built in 2019

Lot Details

  • Waterfront
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $3,927 Monthly HOA Fees

Parking

  • Covered Parking

Interior Spaces

  • 2,606 Sq Ft Home
  • Dining Area
  • Home Gym
  • Direct Ocean Views

Kitchen

  • Single Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62434435330000640

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 30 Units
  • 3550 South Ocean Community
  • On-Site Maintenance
  • 8-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$40,635

Year Built

Built in 2019

Lot Details

0

HOA Fees

$3,927 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: 3550 South Ocean
  • Year Built: 2019
  • Location Tax Legal:Name of Building: 3550 South Ocean
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 40634.93
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 2606.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 3927.39
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 30
  • General Property Description:_pound_ Floors: 8.0
  • Waterfront-Building:Ocean - Direct: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: 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:Hardwood: Yes
  • Floors:Marble: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator-Wine, Freezer, Ice Maker, Instant Hot Water, Oven-Single, Microwave, Washer, Dryer, Range - Gas
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Marble, Other Flooring
  • Interior Amenities: Cable, Intercom, Smoke Alarms
  • Living Area: 2606.0
  • Stories: 8
  • Interior Features:Smoke Alarms: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Instant Hot Water: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: No
  • Exterior Features: Balcony, Sprinkler System, Impact Doors, Impact Windows, Ocean Access- Deeded, Elevator, Exercise Room, Lobby, Other (See Remarks)
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Other (See Remarks)7: Yes

Garage/Parking

  • Parking:Covered Parking: Yes

Utilities

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

Condo/Co-op/Association

  • 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

  • Development Status: Land Owned
  • Parcel #: 62434435330000640
  • Zoning: R-D(1) - Moderate

Rental Info

  • Pets Other: With Restrictions

Multi Family

  • Number Of Units Total: 30
  • Maintenance Expense: 3927.39

Tax Info

  • Tax Annual Amount: 40634.93
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Oct 7, 2024
Sold by
3550 Palm Beach Holdings Llc
Bought by
Bahner Jennifer Johnson and Dackson Stephen
Seller's Agent
Kourtney Pulitzer
Sotheby's International Realty, Inc.
Buyer's Agent
Bradford Miller
Bradford P. Miller Real Estate
List Price
$2,120,750
Sold Price
$1,905,000
Premium/Discount to List
-$215,750
-10.17%
Total Days on Market
266
Views
90
Current Estimated Value
$2,016,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,253
Avg. Annual Appreciation
8.90%
Original Mortgage
$1,524,000
Outstanding Balance
$1,518,314
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$476,455

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bahner Jennifer Johnson $1,905,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahner Jennifer Johnson $1,524,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $1,905,000 -10.2% $731 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $2,120,750 -- $814 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

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 $34,541 $1,750,000 -- --
2023 $39,742 $2,000,000 $0 $2,000,000
2022 $40,635 $1,980,000 $0 $0
2021 $37,660 $1,800,000 $0 $1,800,000
2020 $38,031 $1,800,000 $0 $1,800,000
Source: Public Records

Agents Affiliated with this Home

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Source: Palm Beach Board of REALTORS®

MLS Number: 24-24

APN: 62-43-44-35-33-000-0640