2860 S Ocean Blvd Unit 512, Palm Beach, FL, 33480

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

2860 S Ocean Blvd Unit 512, Palm Beach$1,249,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

Parking2+ Spaces, Assigned, Covered, Vehicle Restrictions

Year Built1971

HeatingCentral, Electric

CoolingCentral Air, Electric

WaterfrontIntracoastal, Ocean Access

ViewIntracoastal, Pool

MLS #RX-10980741

StatusActive

About 2860 S Ocean Blvd Unit 512

Beautifully renovated in all white with soft grey tones is this modern and rare corner condo, facing South and West. 3 bedrooms, 2 bathrooms each with a walk in shower. There is a large open kitchen, new impact windows and doors, and great intracoastal and pool views. Well maintained building with deeded beach access, gym, 2 covered parking spaces, and extra storage. Close to shopping, restaurants, world class hotels, and just minutes from famed Worth Avenue and the Palm Beach International Airport.

View More

Property Details

Property Features

Property Information:

• Architectural Style: 4+ Floors, Mid Century
• Year Built: 1971
• Stories: 6
• Living Area: 1,578 SqFt

Listing Office:

• Office Name: Douglas Elliman (Palm Beach)
• Office Phone: (561) 655-8600
• Listing Agent: Guy Wendell Clark

Interior Features

Interior Information:

• Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Washer
• Flooring Type: Tile
• Interior: Foyer, Kitchen Island

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Intracoastal, Ocean Access
• View: Intracoastal, Pool
• Exterior: Covered Balcony, Shutters

Parking Information:

• Attached Garage: No
• Parking: 2+ Spaces, Assigned, Covered, Vehicle Restrictions

Virtual/3D Tour

• Virtual Tour: 2860 S Ocean Blvd Unit 512

Virtual Tour

Utilities

Utilities Information:

• Heating: Central, Electric
• Cooling: Central Air, Electric

School Info

Assigned Schools Information:

• Forest Hill Community High School, Public Magnet Grades 9-12
• Lake Worth Middle School, Public Magnet Grades 6-8
• Palm Beach Public School, Public Magnet Grades KG-5

Other

Directions Information:

• Directions: South on South Ocean across the street from the 4 Seasons Hotel and The Tideline Hotel.

Price Information

Listing Price Info

Price Summary:

• List Price: $1,249,000
• Price Per SqFt: $792/SqFt

HOA Fees:

• Amount: $1650
• Frequency: Monthly

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Palm Beach, FL.

Palm Beach, FL

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$682

Avg. Days On Market

77

# of Sold Homes

41

2860 S Ocean Blvd Unit 512 vs Palm Beach

12 DAYS ON ROCKET

-65 Days

$1,249,000

+$149K More

$792/SqFt

+$109 More

KEY TAKEAWAY

This property is $149K more than the Median Sold Price and $109/SqFt more than other homes in Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-10980741

Listing Office:

• Office Name: Douglas Elliman (Palm Beach)
• Office Phone: (561) 655-8600
• Listing Agent: Guy Wendell Clark

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 6:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$7,951

Per Month

Principal & Interest

$6,234

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$1,650

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,811

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Palm Beach County›Palm Beach›33480›2860 S Ocean Blvd Unit 512

This home is located at 2860 S Ocean Blvd Unit 512 in Palm Beach, FL and zip code 33480 in the South End neighborhood. This 1,578 square foot home was built in 1971. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $1,249,000.

While more than 1 listings in Palm Beach, FL in April 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 36 were sold below. Between March 2024 and April 2024, Palm Beach, FL real estate market has seen increase in the number of listings by 4.6%. Listings spent 77 days on the market in April 2024, and had a median list price of $1,100,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.