1 year on rocket

3550 S Ocean Blvd Unit 5B, South Palm Beach, FL, 33480

$4,225,300

3 Bedrooms
3 Full Baths, 1 Partial
2,982 SqFt
$1,417/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
Parking2+ Spaces, Assigned
Garage2 spaces
Year Built2019
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
ViewOcean
MLS #RX-10863276
StatusActive

About 3550 S Ocean Blvd Unit 5B

This brand new construction 3 bedroom Oceanfront unit is everything you have been looking for! This move in ready unit offers luxury coastal living at its finest. This is the newest beachfront residential development on Palm Beach in over a decade. The residence features an open and expansive chef-caliber custom-designed Molteni kitchen by DDG and Champalimaud. The unit boasts neutral hues which set the tone for clean contemporary lines softened by chiseled limestone, white oak and walnut to create effortlessly modern, elegant space. If you are looking for the best Palm Beach has to offer...here it is!

Property Details

Property Features

Property Information:

  • Architectural Style: 4+ Floors, Contemporary
  • Year Built: 2019
  • Stories: 8
  • Living Area: 2,982 SqFt

Listing Office:

  • Office Name: Sotheby's Intl. Realty, Inc.
  • Office Phone: (561) 659-3555
  • Listing Agent: Kourtney Joyce Pulitzer

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm, Freezer, Intercom, Microwave, Gas Range, Refrigerator, Oven, Washer, Electric Water Heater
  • Flooring Type: Wood Floor
  • Interior: Elevator, Foyer, Walk-in Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Ocean Front
  • View: Ocean
  • Exterior: Covered Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 2+ Spaces, Assigned

Virtual/3D Tour

  • Virtual Tour: 3550 S Ocean Blvd Unit 5B

Virtual Tour

Lot Features

Lot Information:

  • Lot: Paved, Sidewalk

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lake Worth High School, Public Magnet Grades 9-12
  • Lantana Middle School, Public Magnet Grades 6-8
  • Lantana Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,225,300
  • Price Per SqFt: $1,417/SqFt

HOA Fees:

  • Amount: $3336
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $50,677
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$455K

Med. Price/SqFt

$390

Avg. Days On Market

99

# of Sold Homes

5

3550 S Ocean Blvd Unit 5B vs South Palm Beach

420 DAYS ON ROCKET

+321 Days

$4,225,300

+$3.7M More

$1,417/SqFt

+$1K More

KEY TAKEAWAY

This property is $3.7M more than the Median Sold Price and $1K/SqFt more than other homes in South Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10863276

Listing Office:

  • Office Name: Sotheby's Intl. Realty, Inc.
  • Office Phone: (561) 659-3555
  • Listing Agent: Kourtney Joyce Pulitzer

IDXAll 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: 3/29/2024, 8:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$50,677$2,400,000

History based on county public records data.

Payment Calculator

$24.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.7K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7901994
5
/10
  • Lantana Elementary School

  • 710 W Ocean Ave

  • 1.38 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7901995
3
/10
  • Lantana Middle School

  • 1225 W Drew St

  • 1.69 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-7901996
2
/10
  • Lake Worth High School

  • 1701 Lake Worth Rd

  • 2.50 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,065. Most South Palm Beach, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3550 S Ocean Blvd Unit 5B

What is the listing price of this property?

The listing price of 3550 S Ocean Blvd Unit 5B property is $4,225,300.

What type of property is this?

The property 3550 S Ocean Blvd Unit 5B is a condo located in South Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 3550 S Ocean Blvd Unit 5B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3550 S Ocean Blvd Unit 5B are:
Lantana Elementary School: GreatSchools Rating 5/10
Lantana Middle School: GreatSchools Rating 3/10
Lake Worth High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $50,677 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3550 S Ocean Blvd Unit 5B has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 3550 S Ocean Blvd Unit 5B is 2,982 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3550 S Ocean Blvd Unit 5B is 2019.
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Rocket Homes›Florida›Palm Beach County›South Palm Beach›33480›3550 S Ocean Blvd Unit 5B

This home is located at 3550 S Ocean Blvd Unit 5B in South Palm Beach, FL and zip code 33480 in the 3550 South Ocean neighborhood. This 2,982 square foot home was built in 2019. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 02, 2023 and is currently priced at $4,225,300.

In February 2024, from all listings sold in South Palm Beach, FL there were more than 1 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price. The number of homes for sale in South Palm Beach, FL increased by 24.2% between January 2024 and February 2024. In February 2024, listings were on the market for 99 days. During the same period, the median list price in this real estate market was $455,000.

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

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