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2500 S Ocean 1 C 5 Boulevard, 1-C-5, Palm Beach, FL 33480

$5,395,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,978 Status: Closed

Current Price: $5,300,000 Last Modified: 1/29/2024

Description

Rarely available true 4 Bedroom 4 Bath Penthouse with cabana in the most coveted building on S Ocean. This legacy property spans nearly 3000SF of elegant living with direct ocean views. New hurricane impact windows, 9FT ceilings and an 1100SF wraparound balcony with access from every room creating an open al fresco lifestyle that lends itself to entertaining and luxury living. This community boasts 9 acres of graciously manicured landscape that feels like a private estate upon passing the guard gated entry. Uniquely situated next door to the Palm Beach Par 3 golf course for additional privacy and entertainment. Tennis, fitness, full service beach and pool area create a resort ambiance.

More Information MLS# RX-10846727

Contract Information

Listing Date: 2022-11-17 Status: Closed Original List Price: 5395000 Auction: No Sold Price: $5,300,000 Current Price: $5,300,000 List Price/SqFt: 1811.61 Comm/Non-Rep: 0% Comm/Buyer Agent: 2.5% Comm/Trans Brk: 2.5%

General Property Description

Type: Condo/Coop Governing Bodies: Condo W/D Allowed: Yes Main Level Bedrooms: 4 Total Bedrooms: 4 Main Level Bathrooms: 4 Baths - Full: 4 Baths - Total: 4 Property Condition: Resale Year Built: 1978 SqFt - Total: 2978 SqFt - Living: 2978 SqFt Source: Tax Rolls Gated Community: Yes Garage Spaces: 2 Covered Spaces: 2 Homeowners Assoc: Mandatory HOA/POA/COA (Monthly): 3369 Application Fee: 100 Association Deposit: No Membership Fee Required: No Subdivision: TWENTY FIVE HUNDRED SOUTH OCEAN BLVD CONDO Legal Desc: TWENTY FIVE HUNDRED SOUTH OCEAN BLVD COND UNIT 1-C-5 Waterfront: Yes Front Exp: East Private Pool: No Unit Floor #: 5 Pets Allowed: Yes Pets on Premises: No Total Floors/Stories: 5

Location, Tax & Legal

Area: 5004 Geo Area: PB30 County: Palm Beach Parcel ID: 50434423070010035 Street #: 2500 Street Dir: S Street Name: Ocean 1 C 5 Street Suffix: Boulevard Unit #: 1-C-5 State/Province: FL Zip Code: 33480 Zoning: RD1 Tax Year: 2022 Taxes: 31395 Special Assessment: No Short Sale: No Short Sale A/U: N/A Short Sale Addendum: No REO: No HOPA: No Hopa Geo Lat: 26.628605 Geo Lon: -80.037752

Office/Member Info

DXORIGMLNO: RX-10846727 DXORIGMLSID: RML

Status Change Info

Under Contract Date: 2022-12-02 Sold Date: 2023-01-20 Sold Price: $5,300,000 Terms of Sale: Cash Sold Price/SqFt: 1779.71

Storm Protection

Impact Glass: Complete

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Property Features

Construction: CBS View: Intracoastal; Ocean Waterfront Details: Intracoastal; Oceanfront Exterior Features: Cabana Interior Features: Walk-in Closet; Wet Bar Master Bedroom/Bath: Separate Shower Furnished: Unfurnished Rooms: Laundry-Util/Closet; Storage Parking: 2+ Spaces; Assigned; Garage - Building Subdiv. Amenities: Bike - Jog; Elevator; Lobby; Pool; Sidewalks; Street Lights; Trash Chute Restrict: Interview Required Security: Gate - Manned Flooring: Ceramic Tile; Wood Floor Heating: Central Cooling: Central Equip/Appl Included: Dishwasher; Dryer; Microwave; Range - Electric; Refrigerator; Washer Laundry Appliances Included: Washer and Dryer Terms Considered: Cash; Conventional Utilities: Public Sewer; Public Water Taxes: City/County Possession: At Closing Showing Instructions: Text Listing Agent Contingencies: None

Room Information

Living Room Length: 27.10 Width: 16.50 Length: 27.10 Level: First Width: 16.50 Dining Room Length: 14.00 Width: 13.00 Length: 14.00 Level: First Width: 13.00 Kitchen Length: 20.10 Width: 20.36 Length: 20.10 Level: First Width: 20.36 Master Bedroom Length: 16.90 Width: 16.10 Length: 16.90 Level: First Width: 16.10 Bedroom 2 Length: 16.90 Width: 16.50 Length: 16.90 Level: First Width: 16.50 Bedroom 3 Length: 18.10 Width: 12.10 Length: 18.10 Level: First Width: 12.10 Bedroom 4 Length: 13.00 Width: 13.00 Length: 13.00 Width: 13.00

Listing Office: Compass Florida LLC (PB)

Last Updated: January - 29 - 2024

2500 S Ocean 1 C 5 Boulevard, 1-C-5, Palm Beach, FL 33480- MLS# RX-10846727

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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