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2770 S Ocean Boulevard # S502, Palm Beach FL 33480

Condo/Co-op Recently Sold
$7,500,000

BTC: 124.17218543

ETH: 4,703.10844114

Sold on: 2022-05-02
4 days
Waterfront
3 bds
3 ba
4,040 sqft

Overview

2770 Building - Direct Oceanfront Perfection! A private elevator opens into this spacious renovated home. Inside there are 9' ceilings with custom lighting, gorgeous porcelain slab flooring throughout, a chefs kitchen with high-end appliances, beautiful wood accents and cabinetry, stone surfaces, striking plumbing & lighting fixtures.The transitional design offers an open but intimate floor plan. Perfect for family gatherings or grand entertaining. There are 3 magnificent bedroom suites & 3.5 baths + a private air conditioned pool-side cabana. The 2770 is the Pinnacle Boutique Oceanfront Residence in Palm Beach offering unsurpassed luxury and services. Don't miss out on this rare opportunity! Furnishings and design by Allison Paladino Interiors. SEE SUPPLEMENT The January 22, 2022 Board Meeting passed a motion to approve a roofing project up to $1.6 million. In addition the Board approved a garage waterproofing and repair project of up to $2.5 million.The Board is waiting on bids for replacement of the buildings 6 elevators. The estimate is approximately $2 million. A discussion was considering the pool area renovation and landscaping. Further discussion addressed renovation of the common areas, and lobby. a show of hands as to whether the owners preferred to do the various renovation projects contemplated by cash special assessments or by having the association obtain financing. A show of hands indicated an overwhelming majority of owners present were in favor of financing the projects via special assessments as opposed to the association financing the projects. The Seller shall pay their prorated share of any special assessments passed by the Board up until the day of closing. The Buyer shall assume the special assessments from the closing date forward.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Assigned / Open / Parking Garage
Year Built:
1990
Lot:
No Data
Heating:
Zoned
Price/sqft:
$1,856
Cooling:
Zoned
HOA:
$5,166

Valuation

Our model vs. what's actually selling nearby.
Estimate
$6,125,000
$3.5M – $8.0M
Confidence Low
List vs. estimate
$1.4M above estimate
List $7,500,000 · +22.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,856
+622.9% vs. city median $256
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $805K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$40,450
2021
HOA
$5,166/mo
Pool
Community
View
Ocean, Direct Ocean
Waterfront
Yes
Garage
2 car garage
Pets
Allowed
All facts and features
  • Heating

    • Zoned

    Cooling

    • Zoned

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Cooking Island

    • Entrance Foyer

    • Volume Ceilings

    • Walk-In Closet(s)

    • Other

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Assigned

    • Open

    • Parking Garage

    Property

    • Pool Private: Yes

    Other Property Information

    • Parcel Number: 50434423180025020

    • Zoning: R-D(2)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Sewer Connected

    • Underground Utilities

    • Water Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $5,166

    • HOA Frequency: Monthly

    • Annual tax amount: $40,450

  • Source details

    • MLS ID: R10783605

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Pool Features: Community

    • Window Features: Complete Electric Power Shutters / Complete Impact Glass / Hurricane Shutters

    • Direction Faces: East

    • Other Structures: Livable

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 4040

    • Water Source: Public

    • Subdivision Name: TWENTY SEVEN SEVENTY SOUTH

Private inquiry
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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: Douglas Elliman