Walk right out to the pool and boat dock(slips can be leased) from this two bedroom two bath lanai with deeded beach access right across the street. Renovated open kitchen with large island, renovated bathrooms, impact windows, w/d in unit and wood-grain porcelain floors throughout. Lakewood is a pet friendly building with fully funded reserves and the milestone inspection has been completed. Can rent out 2x per year after 1 year of ownership.
This property is $55K less than the Median Sold Price and $49/SqFt less than other homes in South Palm Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-10997614
Listing Office:
Office Name: Douglas Elliman (Palm Beach)
Office Phone: (561) 655-8600
Listing Agent: Liana Verkaden
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/25/2024, 2:20:51 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,291
Per Month
Principal & Interest
$2,072
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)
$1,152
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
$1,311
Powered By
Advertisement
NMLS#3030
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
Lantana Elementary School
710 W Ocean Ave
Distance between this listing and this school1.37 miles
Public District Grades PK-5
5
/10
South Grade Elementary School
716 S K St
Distance between this listing and this school1.41 miles
Public Magnet Grades PK-5
2
/10
Barton Elementary School
1700 Barton Rd
Distance between this listing and this school1.68 miles
Public District Grades PK-5
Nearby Schools
3
/10
Lantana Community Middle School
1225 W Drew St
Distance between this listing and this school1.69 miles
Public Magnet Grades 6-8
3
/10
Palm Beach Maritime Academy
1518 W Lantana Rd
Distance between this listing and this school1.82 miles
Public Charter Grades KG-8
6
/10
North Grade K-8 School
824 N K St
Distance between this listing and this school2.47 miles
Public Magnet Grades KG-8
Nearby Schools
2
/10
Palm Beach Maritime Academy High School
600 S East Coast Ave
Distance between this listing and this school1.19 miles
Public Charter Grades 9-12
2
/10
Lake Worth Community High School
1701 Lake Worth Rd
Distance between this listing and this school2.30 miles
Public Magnet Grades 9-12
1
/10
Palm Beach Preparatory Charter Academy
3525 S Congress Ave
Distance between this listing and this school3.81 miles
The neighbors living near this home have an average income of $68,023. Typical income of South Palm Beach, FL residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3525 S Ocean Blvd Unit 103
What is the listing price of this property?
The listing price of 3525 S Ocean Blvd Unit 103 property is $415,000.
What type of property is this?
The property 3525 S Ocean Blvd Unit 103 is a condo located in South Palm Beach, Florida, 33480.
Is this property for sale now?
Active Listing: 3525 S Ocean Blvd Unit 103 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 3525 S Ocean Blvd Unit 103 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 3525 S Ocean Blvd Unit 103 is 1,204 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3525 S Ocean Blvd Unit 103 is 1985.
This home is located at 3525 S Ocean Blvd Unit 103 in South Palm Beach, FL and zip code 33480. This 1,204 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 20, 2024 and is currently priced at $415,000.
In October 2024, from all listings sold in South Palm Beach, FL there were more than 0 sold above asking price, over 6 sold below and more than 0 were sold right at the asked price. Between September 2024 and October 2024, South Palm Beach, FL real estate market has seen increase in the number of listings by 14.4%. In October 2024 median list price was $470,000 and the average listing age was 179 days.
From Rocket Homes Real Estate and based on county public records data.