Back 1-C-5/2500 S Ocean Blvd
Off Market

1-C-5/2500 S Ocean Blvd

Palm Beach FL 33480

4
4
2
2978 sq. ft.
Condo
Last sold for $5,300,000
Lisa DonoLisa Dono, last sold this property on 20 January 2023 after 58 days on market.

Overview

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.

Features

4 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
2978 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 4 bedroom condos sold in Palm Beach over the last 12 months, the estimated median property value of 1-C-5/2500 S Ocean Blvd is $4.8m.

Median value
$4.8m
Estimated value range
$3.45m - $7.59m
Median days on market
39
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Palm Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1-C-5/2500 S Ocean Blvd

2023
Sold
$5,300,000
20 Jan 2023 by Lisa Dono, of Compass Florida LLC (PB)
2016
Sold
$1,475,000
20 May 2016 by Dana Koch, of The Corcoran Group

Happy sellers in Palm Beach

87%
87% of sellers in Palm Beach reported that their sale price either exceeded or met their price expectations.

Palm Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Palm Beach over the last 12 months.

Local market activity for 4 bedroom condos in Palm Beach

In the last 12 months, 5 four-bedroom condos similar to 1-C-5/2500 S Ocean Blvd, have been sold.

This represents a 150% decrease in four-bedroom condos sales when compared to the previous 12 months.

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