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2500 S Ocean 1 C 5 Boulevard # 5, Palm Beach FL 33480

Condo/Co-op Recently Sold
$5,300,000

BTC: 63.74789512

ETH: 2,000.00000000

Sold on: 2023-01-20
15 days
Waterfront
4 bds
4 ba
2,978 sqft

Overview

Rarely available true 4 Bedroom 4 Bath Penthouse with cabana in the most coveted building on S Ocean. This legacy property spans nearly 3000SF of elegant living with direct ocean views. New hurricane impact windows, 9FT ceilings and an 1100SF wraparound balcony with access from every room creating an open al fresco lifestyle that lends itself to entertaining and luxury living. This community boasts 9 acres of graciously manicured landscape that feels like a private estate upon passing the guard gated entry. Uniquely situated next door to the Palm Beach Par 3 golf course for additional privacy and entertainment. Tennis, fitness, full service beach and pool area create a resort ambiance.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Assigned / Parking Garage
Year Built:
1978
Lot:
No Data
Heating:
Central
Price/sqft:
$1,812
Cooling:
Central Air
HOA:
$3,369

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,947,500
$3.5M – $8.1M
Confidence Low
List vs. estimate
$447K above estimate
List $5,395,000 · +9.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,811
+601.4% vs. city median $258
Based on
6 MLS comparables
+ 11 public-records sales within 0.5 mi
Median actual sale: $629K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$31,395
2022
HOA
$3,369/mo
Pool
Community
View
Intracoastal View, Ocean
Waterfront
Intracoastal Front
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Walk-In Closet(s)

    • Wet Bar

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 4

  • Parking

    • 2 Or More Spaces

    • Assigned

    • Parking Garage

    Property

    • Pool Private: Yes

    Other Property Information

    • Parcel Number: 50434423070010035

    • Zoning: RD1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Sewer Connected

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $3,369

    • HOA Frequency: Monthly

    • Annual tax amount: $31,395

  • Source details

    • MLS ID: R10846727

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Pool Features: Community

    • Window Features: Complete Impact Glass

    • Direction Faces: East

    • Other Structures: Livable

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 2978

    • Water Source: Public

    • Subdivision Name: TWENTY FIVE HUNDRED SOUTH

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida LLC