ParkingAssigned, Carport, Covered, Guest, Off Street
Year Built1963
HeatingCentral
CoolingCentral Air
ViewPool, Water, Intracoastal
MLS #1030453
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.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1963
Stories: 1
Living Area: 788 SqFt
Listing Office:
Office Name: Florida Homes Rlty. & Mtg. LLC
Office Phone: (904) 996-9115
Listing Agent: Alena Knoepfler
Interior Features
Interior Information:
Appliances: Dryer, Refrigerator, Washer
Flooring Type: Laminate, Tile
Interior: Ceiling Fan(s)
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 1
Exterior Features
Exterior Information:
View: Pool, Water, Intracoastal
Exterior: Balcony
Parking Information:
Attached Garage: No
Parking: Assigned, Carport, Covered, Guest, Off Street
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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in West Palm Beach, FL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,442
Per Month
Principal & Interest
$2,870
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$1,505
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ 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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Lake Park Elementary School
410 3rd St
Distance between this listing and this school1.88 miles
Public District Grades PK-5
3
/10
West Riviera Elementary School
1057 W 6th St
Distance between this listing and this school2.52 miles
Public District Grades EE-5
3
/10
Lincoln Elementary School
1160 Avenue N
Distance between this listing and this school2.59 miles
Public District Grades PK-5
Nearby Schools
6
/10
The Conservatory School @ North Palm Beach
401 Anchorage Dr
Distance between this listing and this school2.49 miles
Public Magnet Grades PK-8
3
/10
John F. Kennedy Middle School
1901 Avenue S
Distance between this listing and this school3.13 miles
Public Magnet Grades 6-8
2
/10
Howell L. Watkins Middle School
9480 MacArthur Blvd
Distance between this listing and this school3.89 miles
Public Magnet Grades 6-8
Nearby Schools
6
/10
Inlet Grove Community High School
600 W 28th St
Distance between this listing and this school2.00 miles
Public Charter Grades 9-12
2
/10
Alternative Program Central
1041 45th St
Distance between this listing and this school2.95 miles
Public District Grades 4-12
9
/10
Suncoast Community High School
1717 Avenue S
Distance between this listing and this school3.02 miles
The neighbors living near this home have an average income of $66,978. Most West 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 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 West Palm Beach, Florida, 33407.
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 1963.
This home is located at 2505 S Ocean Blvd Unit 5030 in West Palm Beach, FL and zip code 33407. This 788 square foot home was built in 1963. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $575,000.
West Palm Beach, FL housing market in October 2024 saw over 16 listings sold above listed price, more than 27 sold at listed price and over 153 sold below. Between September 2024 and October 2024, West Palm Beach, FL real estate market has seen increase in the number of listings by 7.1%. Listings spent 72 days on the market in October 2024, and had a median list price of $395,666 during the same period.
From Rocket Homes Real Estate and based on county public records data.