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$425,000

Beds
2
Baths
2.0
sq ft
1,036

3545 S Ocean Blvd Unit 516, Palm Beach, FL 33480

3545 S Ocean Blvd Unit 516

South Palm Beach, FL 33480

  • 2 days on market
Located in a well-maintained boutique building, residents enjoy private beach access, a heated Intracoastal pool, 24 doorman service, deeded parking spot with guest parking, dock access, BBQ area, hot tub, car wash and lushes landscaping. This spacious 2-bedroom, 2-bathroom condo boasts an open-concept design living space. Direct Intracoastal and pool views from balcony and primary bedroom. All new kitchen appliances. Accordion shutters. Covered patio. Immediate rental, one time per year.

Details

Property type

Condominium

Est. home value

$388,342

Lot size

Unknown

Price per sq ft

$411

Year built

1980

Annual property taxes

$6,395

Monthly HOA fee

$873

Price History

04/03/2025
Beaches

Beaches #R11078619

Listed
$425,000
+18.06%
07/07/2022
Beaches

Beaches #R10798713

Sold
$360,000
+41.18%
01/14/2021
Beaches

Beaches #R10664995

Sold
$255,000

Schools & Community

Elementary school: 

Lantana

Middle school: 

Lantana Community

High school: 

Lake Worth

Community features: 

Gated

Negotiation Insights

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

Seller could get up to

$285,221
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$105,779
Cash to seller
$285,221

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

New Jersey Lenders Corp

Loan start date

January 2021

Original loan amount

$140,000

Est. remaining balance

$105,779

Interest rate

2.28%

Loan type

New Conventional, 15 year

Seller

Gregory Sinto and Mary Sinto

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: 04/05/2025 at 8:25 AM

Listing updated: 04/05/2025 at 7:30 AM

Listed by: Alexis Henann, Preferred Properties Int'l Rea Phone #: (561) 477-1193

MLS: Beaches #R11078619

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