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2778 South Ocean, Palm Beach FL 33480

Condo/Co-op Recently Sold
$1,525,000

BTC: 18.34255473

ETH: 575.47169811

Sold on: 2024-10-28
8 days
Waterfront
2 bds
2 ba
1,542 sqft

Overview

Rare and meticulous 2/2 Penthouse with Direct East Intracoastal exposure/views as well as South by way of wrap around balcony in Sutton Place. Property has been rarely used yet maintained beautifully. Enjoy Sunset views over the intracoastal. Laundry in unit, garage parking. 24 hour doorman, beautiful fitness center, clubhouse, pool on the intracoastal and deeded beach access.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Garage-Under Building / Open / Parking Garage / Parking-Under Building
Year Built:
1981
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,102
Cooling:
Central Air / Electric
HOA:
$1,980

Valuation

Our model vs. what's actually selling nearby.
Estimate
$672,500
$561K – $1.3M
Confidence Low
List vs. estimate
$1.0M above estimate
List $1,700,000 · +152.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,102
+326.8% vs. city median $258
Based on
8 MLS comparables
+ 22 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
$12,028
2023
HOA
$1,980/mo
Pool
Community
View
Intracoastal View, Pool
Waterfront
Intracoastal Front
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Carpet

    • Marble

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Free-Standing Freezer

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Bar

    • Built-in Features

    • Entrance Foyer

    • Split Bedroom

    • Walk-In Closet(s)

    • Wet Bar

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Assigned

    • Garage-Under Building

    • Open

    • Parking Garage

    • Parking-Under Building

    Property

    • Pool Private: Yes

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 50434423100015010

    • Zoning: RD 1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Water Connected

    • Water Available

  • Other financial information

    • HOA: $1,980

    • HOA Frequency: Monthly

    • Annual tax amount: $12,028

  • Source details

    • MLS ID: R11000155

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 2 To Less Than 3 Acre Lot

    • Patio And Porch Features: Open Balcony / Patio

    • Pool Features: Community / Heated

    • Window Features: Complete Accordian Shutters / Sliding

    • Direction Faces: East

    • Other Structures: Livable

    • Architectural Style: High Rise / Corner Unit

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1542

    • Water Source: Public

    • Subdivision Name: SUTTON PLACE

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: Compass Florida LLC