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2770 S Ocean Boulevard S502, Palm Beach, FL 33480

$7,500,000
Property Type: Residential Bedrooms: 3 Baths: 3.1 Square Footage: 4,040 Status: Closed
Current Price: $7,500,000 Last Modified: 5/02/2022

Description

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

Supplements: 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.

More Information MLS# RX-10783605

Contract Information

Auction: No List Price/SqFt: 1856.43 Listing Date: 2022-03-14 Status: Closed Original List Price: 7500000 Sold Price: $7,500,000 Current Price: $7,500,000

General Property Description

Governing Bodies: Condo W/D Allowed: Yes Main Level Bedrooms: 3 Main Level Bathrooms: 3 Property Condition: Resale SqFt - Total: 5000 Waterfront: Yes SqFt Source: Floor Plan Gated Community: Yes Covered Spaces: 2 Homeowners Assoc: Mandatory Pets Allowed: Yes Pets on Premises: No Front Exp: East HOA/POA/COA (Monthly): 5166.66 Unit Floor #: 5 Application Fee: 150 Association Deposit: No Directions: South on A1A 5 buildings past the Par 3 Golf Course to the 2770 Building Total Units in Bldg: 15 Membership Fee Required: No Ttl Units in Complex: 30 Private Pool: No Type: Condo/Coop Total Bedrooms: 3 Baths - Full: 3 Baths - Half: 1 Baths - Total: 3.1 Year Built: 1990 SqFt - Living: 4040 Garage Spaces: 2 Subdivision: TWENTY SEVEN SEVENTY SOUTH OCEAN BLVD Legal Desc: TWENTY SEVEN SEVENTY SOUTH OCEAN BOULEVARD COND UNIT 502 BLDG SOUTH & CABANA C24 Total Floors/Stories: 6

Location, Tax & Legal

Geo Area: PB30 State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2021 Zoning: R-D(2) Short Sale A/U: N/A Short Sale Addendum: No Taxes: 40450.2 Special Assessment: Yes REO: No Area: 5004 County: Palm Beach Parcel ID: 50434423180025020 Street #: 2770 Street Dir: S Street Name: Ocean Street Suffix: Boulevard Unit #: S502 Zip Code: 33480 Geo Lat: 26.622054 Geo Lon: -80.037651

Office/Member Info

DXORIGMLNO: RX-10783605 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/SqFt: 1856.43 Under Contract Date: 2022-03-18 Sold Date: 2022-05-02 Sold Price: $7,500,000

Construction

Concrete: 1

Master Bedroom/Bath

Dual Sinks: 1 Separate Shower: 1

View

Ocean: 1

Rooms

Laundry-Inside: 1

Waterfront Details

Oceanfront: 1

Special Info

Foreign Seller: 1 Sold As-Is: 1

Equip/Appl Included

Cooktop: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Storm Shutters: 1 Wall Oven: 1 Washer: 1 Water Heater - Elec: 1

Laundry Appliances Included

Washer and Dryer: 1

Cooling

Zoned: 1

Heating

Zoned: 1

Furnished

Furniture Negotiable: 1 Unfurnished: 1

Interior Features

Foyer: 1 Kitchen Island: 1 Volume Ceiling: 1 Walk-in Closet: 1

Flooring

Tile: 1

Porch/Patio/Balcony

Balcony: 1

Utilities

Cable: 1 Electric: 1 Public Sewer: 1 Public Water: 1 Underground: 1

Parking

Assigned: 1 Garage - Building: 1 Open: 1

Restrict

Buyer Approval: 1 Interview Required: 1 No Lease: 1

Security

Doorman: 1 Gate - Manned: 1

Subdiv. Amenities

Billiards: 1 Community Room: 1 Elevator: 1 Extra Storage: 1 Fitness Center: 1 Game Room: 1 Lobby: 1 Manager on Site: 1 Pool: 1 Sauna: 1 Spa-Hot Tub: 1 Tennis: 1 Trash Chute: 1

Maintenance Fee Incl

A/C Maintenance: 1 Assessment Fee: 1 Cable: 1 Insurance-Bldg: 1 Lawn Care: 1 Manager: 1 Pest Control: 1 Pool Service: 1 Security: 1 Sewer: 1 Trash Removal: 1 Water: 1

Terms Considered

Cash: 1

Possession

At Closing: 1

Showing Instructions

Text Listing Agent: 1

Window Treatments

Impact Glass: 1

Storm Protection

Electric/Power Shutters: Complete Impact Glass: Complete

Dining Area

Eat-In Kitchen: 1 Formal: 1

Taxes

City/County: 1 No Homestead: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Property Features

Construction: Concrete View: Ocean Waterfront Details: Oceanfront Interior Features: Foyer; Kitchen Island; Volume Ceiling; Walk-in Closet Furnished: Furniture Negotiable; Unfurnished Rooms: Laundry-Inside Parking: Assigned; Garage - Building; Open Maintenance Fee Incl: A/C Maintenance; Assessment Fee; Cable; Insurance-Bldg; Lawn Care; Manager; Pest Control; Pool Service; Security; Sewer; Trash Removal; Water Restrict: Buyer Approval; Interview Required; No Lease Security: Doorman; Gate - Manned Flooring: Tile Heating: Zoned Cooling: Zoned Laundry Appliances Included: Washer and Dryer Dining Area: Eat-In Kitchen; Formal Terms Considered: Cash Utilities: Cable; Electric; Public Sewer; Public Water; Underground Window Treatments: Impact Glass Special Info: Foreign Seller; Sold As-Is Taxes: City/County; No Homestead Possession: At Closing Showing Instructions: Text Listing Agent Contingencies: None

Room Information

Living Room Length: 40.00 Width: 26.00 Length: 40.00 Level: Main Width: 26.00 Kitchen Length: 22.00 Width: 11.00 Length: 22.00 Level: Main Width: 11.00 Master Bedroom Length: 28.00 Width: 14.00 Length: 28.00 Level: Main Width: 14.00 Bedroom 2 Length: 25.00 Width: 15.00 Length: 25.00 Level: Main Width: 15.00 Bedroom 3 Length: 18.00 Width: 14.00 Length: 18.00 Level: Main Width: 14.00 Dining Room Length: 18.00 Width: 15.00 Length: 18.00 Level: Main Width: 15.00 Other Room Length: 18.00 Width: 11.00 Length: 18.00 Level: Lower Width: 11.00 Remarks: Private Cabana #24 - Air Conditioned & Full Bath
Listing Office: Douglas Elliman
IDX
Last Updated: May - 02 - 2022
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