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2505 S Ocean Blvd Unit 5030, Palm Beach, FL, 33480

$575,000

Home List Price

$6,828*

Closing Credit

1 Bedroom
1 Full Bath
788 SqFt
$730/SqFt
Condo

Location

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2505 S Ocean Blvd Unit 5030, Palm Beach$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered
Year Built1970
HeatingCentral
CoolingCentral Air
ViewCity, Garden, Pool, Trees/Woods, Water
MLS #GC526448
StatusActive

About 2505 S Ocean Blvd Unit 5030

The iconic Palm Beach President Condominium welcomes you on the 5th floor overlooking the stunning Intracoastal waterway! Situated in a prestigious amenity building, this residence offers an exceptional living and privacy experience. The living and dining area flow onto a private balcony in the center of the building. The master suite has balcony access too, and a walk-in closet incl. bathroom access. The unit comes with a newer A/C and fully furnished (turn-key). The President building boasts newly designed furnished lobbies on all 7 firs, resort style amenities inc. the convenience of a saltwater pool, deeded beach access, a fitness center just steps away and a boat dock (rental is $1,800/year). Located midway between the renowned Worth Ave and Atlantic Ave, this prime location makes it effortless to explore nearby golf courses, indulge in fine dining experiences, shop at upscale boutiques, and take leisurely strolls along beautiful beaches. The 95-unit, horseshoe-shaped structure originally was planned as a residential hotel, featuring amenities such as a beauty salon, maid service, and room service. The President debuted in 1963, facing the Intracoastal Waterway, and a private yacht basin. Located just south of and adjoining the Palm Beach Par 3 Golf Club, The President offered much to outdoorsy types. Other features included a large, free-form, saltwater swimming pool in the patio. Access to the biggest saltwater source of them all, the Atlantic Ocean, came via landscaped paths that connected The President to a private beach and cabanas. 24/7 security / door person.

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 7
  • Living Area: 788 SqFt

Listing Office:

  • Office Name: FLORIDA HOMES REALTY & MORTGAGE GVILLE
  • Office Phone: (352) 240-1133
  • Listing Agent: Alena Knoepfler

Interior Features

Interior Information:

  • Appliances: Cooktop, Dryer, Range, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Ceiling Fans(s), Open Floorplan, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City, Garden, Pool, Trees/Woods, Water
  • Exterior: Balcony, Garden, Hurricane Shutters, Irrigation System, Sliding Doors, Tennis Court(s)

Parking Information:

  • Parking: Covered

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Southern Blvd/US-98 E. Go for 171 ft. Take the 1st exit from roundabout onto S Ocean Blvd (SR-A1A). Turn right. Go til "The President" is on the right. Turn right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $730/SqFt

HOA Fees:

  • Amount: $1505
  • Frequency: Monthly
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Housing Market Comparison

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

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Palm Beach, FL

City

Med. Sold Price

$1.2M

Med. Price/SqFt

$795

Avg. Days On Market

116

# of Sold Homes

12

2505 S Ocean Blvd Unit 5030 vs Palm Beach

1 DAY ON ROCKET

-115 Days

$575,000

-$700K Less

$730/SqFt

-$65 Less

KEY TAKEAWAY

This property is $700K less than the Median Sold Price and $65/SqFt less than other homes in Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #GC526448

Listing Office:

  • Office Name: FLORIDA HOMES REALTY & MORTGAGE GVILLE
  • Office Phone: (352) 240-1133
  • Listing Agent: Alena Knoepfler

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$4,442

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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.

Nearby Schools

school-card-donut-816029
2
/10

  • Highland Elementary School

  • 500 Highland Ave

  • 1.71 miles

  • Public Magnet Grades EE-5

school-card-donut-816030
5
/10

  • South Grade Elementary School

  • 716 S K St

  • 1.81 miles

  • Public Magnet Grades PK-5

school-card-donut-816031
6
/10

  • South Olive Elementary School

  • 7101 S Olive Ave

  • 1.86 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,358. Residents of Palm Beach, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2505 S Ocean Blvd Unit 5030

What is the listing price of this property?

The listing price of 2505 S Ocean Blvd Unit 5030 property is $575,000.

What type of property is this?

The property 2505 S Ocean Blvd Unit 5030 is a condo located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 2505 S Ocean Blvd Unit 5030 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2505 S Ocean Blvd Unit 5030 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2505 S Ocean Blvd Unit 5030 is 788 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2505 S Ocean Blvd Unit 5030 is 1970.

Rocket Homes›Florida›Palm Beach County›Palm Beach›33480›2505 S Ocean Blvd Unit 5030

This home is located at 2505 S Ocean Blvd Unit 5030 in Palm Beach, FL and zip code 33480 in the South End neighborhood. This 788 square foot home was built in 1970. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $575,000.

Palm Beach, FL housing market in October 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 12 sold below. Between September 2024 and October 2024, Palm Beach, FL real estate market has seen increase in the number of listings by 19.1%. In October 2024 median list price was $1,275,000 and the average listing age was 116 days.

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

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