tomo logo

$1,535,000

Beds
3
Baths
2.0
sq ft
1,668

2860 S Ocean Blvd Unit 506, Palm Beach, FL 33480

2860 S Ocean Blvd Unit 506

Palm Beach, FL 33480

  • 4 days on market
Experience luxurious waterfront living in this beautifully renovated corner apartment with spectacular intracoastal views. This modern residence features an open kitchen, spacious living/dining areas, three bedrooms, designer baths, and ample closet space. Floor-to-ceiling impact sliders open to a large west-facing terrace, perfect for sunsets and watching boats. Located in a full-amenity building with a 24-hour doorperson, fitness center, waterfront pool, and covered parking, the property also includes a deeded beach path near the Four Seasons Resort. Walk to restaurants or enjoy a short drive to the Palm Beach Tennis Center, Worth Avenue, and fine dining.

Details

Property type

Condominium

Est. home value

$1,242,204

Lot size

Unknown

Price per sq ft

$921

Year built

1971

Annual property taxes

$12,881

Monthly HOA fee

$1,674

Price History

01/03/2025
Beaches

Beaches #R11048757

Listed
$1,535,000
+9.64%
04/10/2024
Beaches

Beaches #R10964809

Sold
$1,400,000
+8.11%
03/19/2024
Beaches

Beaches #R10964809

Pending
$1,295,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

Stifel Bank & Trust

Loan start date

April 2020

Original loan amount

$356,250

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Maryann Petrides

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: 01/06/2025 at 10:35 PM

Listing updated: 01/03/2025 at 11:05 PM

Listed by: Joan Wenzel-Messing, Douglas Elliman Phone #: (561) 655-8600

MLS: Beaches #R11048757

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