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$5,400,000

Beds
5
Baths
4.5
sq ft
3,459

2275 S Ocean Blvd Unit 205, Palm Beach, FL 33480

2275 S Ocean Blvd Unit 205

Palm Beach, FL 33480

  • 3 days on market
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 5 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

Details

Property type

Condominium

Est. home value

$2,206,091

Lot size

Unknown

Price per sq ft

$1,562

Year built

1974

Annual property taxes

$33,073

Monthly HOA fee

$5,602

Price History

01/06/2025
Beaches

Beaches #R11049898

Listed
$5,400,000
+337.25%
10/27/2020
Beaches

Beaches #R10649457

Sold
$1,235,000
+50.7%
03/15/2018
Beaches

Beaches #R10401049

Sold
$819,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Guaranteed Rate Affinity Llc

Loan start date

October 2020

Original loan amount

$988,000

Est. remaining balance

$895,907

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Sherry Anne Chris

Lender

Guaranteed Rate Affinity Llc

Loan start date

October 2020

Original loan amount

$988,000

Est. remaining balance

$895,907

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Sherry Anne Chris

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/08/2025 at 10:00 PM

Listing updated: 01/08/2025 at 4:17 PM

Listed by: Patrick Letourneau, One Sotheby's International Re Phone #: (561) 694-0058

MLS: Beaches #R11049898

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