3550 S Ocean Blvd Unit 5D, South Palm Beach, FL, 33480

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

3550 S Ocean Blvd Unit 5D, South Palm Beach$2,250,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

Parking2+ Spaces, Covered

Garage2 spaces

Year Built2019

CoolingCentral Air

WaterfrontOcean Front

ViewOcean

MLS #RX-11026351

StatusActive

About 3550 S Ocean Blvd Unit 5D

Live at 3550 South Ocean, Palm Beach's newest luxury, gated oceanfront boutique building. This professionally-designed 2 bed + enclosed den/3.1 bath residence features a private elevator entry & features curated pieces by Roche Bobois & custom build-outs/closets. Floor-to-ceiling glass frames stunning ocean views from the living area & primary bedroom suite, while the expansive, light-filled open plan portrays white oak wood-plank flooring throughout. Designed by Champalimaud, the chef-caliber Molteni kitchen is a stand-out w/Fantini fixtures & Miele appliances incl. a natural gas stovetop & wine refrigerator. 3550 South Ocean offers valet parking, 2 parking spots, concierge services & security. Just minutes from Worth Avenue, Eau Palm Beach Resort, top dining, spas & PBI airport.

View More

Property Details

Property Features

Property Information:

• Year Built: 2019
• Stories: 8
• Living Area: 2,608 SqFt

Listing Office:

• Office Name: The Corcoran Group
• Office Phone: (561) 655-9081
• Listing Agent: Suzanne Maria Petrizzi

Interior Features

Interior Information:

• Appliances: Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm, Freezer, Ice Maker, Microwave, Refrigerator, Oven, Washer, Electric Water Heater
• Flooring Type: Marble, Wood Floor
• Interior: Built-in Shelves, Closet Cabinets, Entry Lvl Lvng Area, Fire Sprinkler, Foyer, Kitchen Island, Split Bedroom, Walk-in Closet

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 3
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Ocean Front
• View: Ocean
• Exterior: Covered Balcony

Parking Information:

• Garage Space: 2 spaces
• Parking: 2+ Spaces, Covered

Virtual/3D Tour

• Virtual Tour: 3550 S Ocean Blvd Unit 5D

Virtual Tour

Utilities

Utilities Information:

• Cooling: Central Air

Other

Directions Information:

• Directions: S Ocean Blvd/A1A to 3550 (white gate) on ocean side. Located between 3570 & 3590 S Ocean Blvd, approx. .25 miles north of the Eau Palm Beach Resort & Spa.

Price Information

Listing Price Info

Price Summary:

• List Price: $2,250,000
• Price Per SqFt: $863/SqFt

HOA Fees:

• Amount: $3110
• Frequency: Monthly

Tax Information:

• Annual Amount: $35,924
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

South Palm Beach, FL

City

Med. Sold Price

$470K

Med. Price/SqFt

$393

Avg. Days On Market

179

# of Sold Homes

6

3550 S Ocean Blvd Unit 5D vs South Palm Beach

44 DAYS ON ROCKET

-135 Days

$2,250,000

+$1.7M More

$863/SqFt

+$469 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $469/SqFt more than other homes in South Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-11026351

Listing Office:

• Office Name: The Corcoran Group
• Office Phone: (561) 655-9081
• Listing Agent: Suzanne Maria Petrizzi

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: 11/17/2024, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$35,924	$1,700,000

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$14.4K

Per Month

Principal & Interest

$11.2K

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

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 Payment

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.

$Down PaymentPercent%

Loan Term

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.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

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

Monthly Premium

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

Monthly Premium

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)

$3,110

Monthly Fees

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

Monthly Cost

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

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Palm Beach County›South Palm Beach›33480›3550 S Ocean Blvd Unit 5D

This home is located at 3550 S Ocean Blvd Unit 5D in South Palm Beach, FL and zip code 33480 in the 3550 South Ocean neighborhood. This 2,608 square foot home was built in 2019. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $2,250,000.

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. The inventory of homes for sale in South Palm Beach, FL between September 2024 and October 2024 increased by 14.4%. Listings spent 179 days on the market in October 2024, and had a median list price of $470,000 during the same period.

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