$7,500,000
Palm Beach, FL 33480
MLS# RX-10783605
Status: Closed
3 beds | 3.1 baths | 4040 sqft
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Property Description
2770 Building - Direct Oceanfront Perfection! A private elevator opens into this spacious renovated home. Inside there are 9' ceilings with custom lighting, gorgeous porcelain slab flooring throughout, a chefs kitchen with high-end appliances, beautiful wood accents and cabinetry, stone surfaces, striking plumbing & lighting fixtures.The transitional design offers an open but intimate floor plan. Perfect for family gatherings or grand entertaining. There are 3 magnificent bedroom suites & 3.5 baths + a private air conditioned pool-side cabana. The 2770 is the Pinnacle Boutique Oceanfront Residence in Palm Beach offering unsurpassed luxury and services. Don't miss out on this rare opportunity! Furnishings and design by Allison Paladino Interiors. SEE SUPPLEMENT
Details
Contract Information
Listing Date: 2022-03-14
Status: Closed
Original List Price: 7500000
Auction: No
Sold Price: $7,500,000
Current Price: $7,500,000
List Price/SqFt: 1856.43
General Property Description
Type: Condo/Coop
Governing Bodies: Condo
W/D Allowed: Yes
Main Level Bedrooms: 3
Total Bedrooms: 3
Main Level Bathrooms: 3
Baths - Full: 3
Baths - Half: 1
Baths - Total: 3.1
Property Condition: Resale
Year Built: 1990
SqFt - Total: 5000
SqFt - Living: 4040
SqFt Source: Floor Plan
Gated Community: Yes
Garage Spaces: 2
Covered Spaces: 2
Homeowners Assoc: Mandatory
HOA/POA/COA (Monthly): 5166.66
Application Fee: 150
Association Deposit: No
Membership Fee Required: No
Directions: South on A1A 5 buildings past the Par 3 Golf Course to the 2770 Building
Subdivision: TWENTY SEVEN SEVENTY SOUTH OCEAN BLVD
Legal Desc: TWENTY SEVEN SEVENTY SOUTH OCEAN BOULEVARD COND UNIT 502 BLDG SOUTH & CABANA C24
Waterfront: Yes
Front Exp: East
Private Pool: No
Unit Floor #: 5
Pets Allowed: Yes
Pets on Premises: No
Total Floors/Stories: 6
Total Units in Bldg: 15
Ttl Units in Complex: 30
Location Tax Legal
Area: 5004
County: Palm Beach
Parcel ID: 50434423180025020
Street #: 2770
Street Dir: S
Street Name: Ocean
Street Suffix: Boulevard
Unit #: S502
Zip Code: 33480
Geo Lat: 26.622054
Geo Lon: -80.037651
Status Change Info
Under Contract Date: 2022-03-18
Sold Date: 2022-05-02
Sold Price: $7,500,000
Terms of Sale: Cash
Sold Price/SqFt: 1856.43
Storm Protection
Electric/Power Shutters: Complete
Impact Glass: Complete
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Construction: Concrete
View: Ocean
Waterfront Details: Oceanfront
Interior Features: Foyer; Kitchen Island; Volume Ceiling; Walk-in Closet
Furnished: Furniture Negotiable; Unfurnished
Rooms: Laundry-Inside
Parking: Assigned; Garage - Building; Open
Maintenance Fee Incl: A/C Maintenance; Assessment Fee; Cable; Insurance-Bldg; Lawn Care; Manager; Pest Control; Pool Service; Security; Sewer; Trash Removal; Water
Restrict: Buyer Approval; Interview Required; No Lease
Security: Doorman; Gate - Manned
Flooring: Tile
Heating: Zoned
Cooling: Zoned
Laundry Appliances Included: Washer and Dryer
Dining Area: Eat-In Kitchen; Formal
Terms Considered: Cash
Utilities: Cable; Electric; Public Sewer; Public Water; Underground
Window Treatments: Impact Glass
Special Info: Foreign Seller; Sold As-Is
Taxes: City/County; No Homestead
Possession: At Closing
Showing Instructions: Text Listing Agent
Contingencies: None
Supplements
The January 22, 2022 Board Meeting passed a motion to approve a roofing project up to $1.6 million. In addition the Board approved a garage waterproofing and repair project of up to $2.5 million.The Board is waiting on bids for replacement of the buildings 6 elevators. The estimate is approximately $2 million. A discussion was considering the pool area renovation and landscaping. Further discussion addressed renovation of the common areas, and lobby. a show of hands as to whether the owners preferred to do the various renovation projects contemplated by cash special assessments or by having the association obtain financing. A show of hands indicated an overwhelming majority of owners present were in favor of financing the projects via special assessments as opposed to the association financing the projects. The Seller shall pay their prorated share of any special assessments passed by the Board up until the day of closing. The Buyer shall assume the special assessments from the closing date forward.
Room Information
| Room Name | Length | Width | Length | Level | Width | Remarks |
| Living Room | 40.00 | 26.00 | 40.00 | Main | 26.00 | |
| Kitchen | 22.00 | 11.00 | 22.00 | Main | 11.00 | |
| Master Bedroom | 28.00 | 14.00 | 28.00 | Main | 14.00 | |
| Bedroom 2 | 25.00 | 15.00 | 25.00 | Main | 15.00 | |
| Bedroom 3 | 18.00 | 14.00 | 18.00 | Main | 14.00 | |
| Dining Room | 18.00 | 15.00 | 18.00 | Main | 15.00 | |
| Other Room | 18.00 | 11.00 | 18.00 | Lower | 11.00 | Private Cabana #24 - Air Conditioned & Full Bath |
Listing Office: Douglas Elliman
Last Updated: May - 02 - 2022
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