Condo in 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480 for sale with MLS# R11168221
Wake up to sweeping direct ocean views from this rarely available, entire top-floor penthouse offering 2,720 sqft of living space and a huge private terrace ideal for outdoor dining and entertaining, plus additional Intracoastal vistas from the kitchen, dining room and guest bedroom. This expansive 2BR/2.5BA features hardwood floors, walk-in closet, in-unit washer/dryer and abundant natural light throughout. The generous split-bedroom layout provides endless potential. Unit is in original condition and requires renovation, presenting an excellent value-add opportunity to customize and significantly enhance value. Boutique 67-unit building with deeded beach access, heated pool, grilling area, elevator, and 3 parking spots.Concrete restoration and major improvements completed.
3500 S Ocean Boulevard 500, South Palm Beach, FL 33480
Price
- Price:
- $675,000.00
- Original List Price:
- $750,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $275.73
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- April 13, 2026 3:40 pm
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 3
- Full Bath:
- 2
- Half Bath:
- 1
- Room Type:
- Dining Room, Laundry, Bedroom 2, Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 6
- Master Bedroom Bath:
- Dual Sinks
- Dining Area:
- Formal Dining
Measures
- Living Area:
- 2,720 Sqft
- Built-Up Area:
- 2,720 Sqft
- Lot Area:
- 92,782.80 Sqft
- Building Area Source:
- Public Records
- Lot Size Acres:
- 2.13
Property Features
- View from the Property:
- Ocean, Intracoastal
- Waterfront:
- Yes
- Waterfront Features:
- Ocean Front
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Dishwasher, Refrigerator, Washer, Electric Range, Free-Standing Freezer
- Interior:
- Walk-In Closet(s), Elevator
- Exterior:
- Balcony
- Patio and Porch:
- Patio
- Laundry:
- Inside
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- East
- Unit Description:
- Penthouse
- Storm Protection Accordian Shutters:
- Complete
Construction
- Year Built:
- 1962
- Levels:
- Two
- Construction Materials:
- Concrete
- Flooring:
- Wood
- Number of stories:
- 5
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $4,701.32
- Tax Year:
- 2025
- Association Fee:
- $1,874.73
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- City/County
Parking
- Garage
- Garage Spaces:
- 3
- Covered Spaces:
- 3
- Parking Features:
- Garage, Assigned, Deeded
Utilities
- Electric:
- Three Phase
- Utilities Available:
- Water Available
Community
- Association
- Association Membership:
- Mandatory
- Special Assessment
- Application Required
- Application Fee:
- $150.00
- Association Type:
- Co-op
- Pets Allowed?
- Amenities Provided by the Homeowner's Association (HOA):
- Elevator(s)
- Subdivision Name:
- SOUTH PALM RESIDENCE INC
- Association Fee Includes:
- Sewer, Water, Trash, Common Areas, Elevator
- Senior Community:
- No
- Restrictions:
- Buyer Approval Required
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Owner Occupied
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- SOUTH PALM RESIDENCE INC APT 500
- Real Estate Folio Number (Parcel Number):
- 62434435280005000
- Zoning:
- R-2A(c
Public Schools Assigned
- Elementary School:
- Lantana
- High School:
- Lake Worth
- Middle Or Junior School:
- Lantana Community
Listing History
- Active on the market since:
- March 3, 2026
- Listing Agreement executed on:
- March 2, 2026
- Price change occurred on:
- April 13, 2026 3:40 pm
- Listing Status Last Changed On:
- March 3, 2026 4:56 pm
- Photos updated on:
- March 3, 2026 5:02 pm
- Last Modified:
- April 17, 2026 6:05 pm
Additional Information
- Courtesy of:
- Douglas Elliman
- Attribution:
- Not provided
Location
- Street Name:
- Ocean
- Street Number:
- 3500
- Unit Number:
- 500
- City:
- South Palm Beach
- State:
- Florida
- Zip Code:
- 33480
- County:
- Palm Beach
- Latitude:
- N26° 35' 35.7''
- Longitude:
- W81° 57' 42.4''
- Street Suffix:
- Boulevard
- Street Direction Prefix:
- S
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$151,121
Median Home Value
$1,218,500
Median Rent
$1,840/mo
Median Age
69
Population
10,901
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Ver la propiedad 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480
This listing can also be located in the MLS system as RX-11168221
