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3500 S Ocean Boulevard 500, South Palm Beach, FL 33480
Sold
72 Days on Market
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$650,000

Sold · June 30, 2026

3500 S Ocean Boulevard 500

South Palm Beach, FL 33480

SOUTH PALM RESIDENCE INC

Explore the area: South Palm Beach homes for sale · Palm Beach County real estate

What this home sold for

Sold price
$650,000
Vs. list price
3.7% under
Days on market
72
Price per sq ft
$239

This 2-bedroom condo in ZIP 33480 sold for $650,000 on June 30, 2026. That was 3.7% below its final list price of $675,000. It first came on the market at $750,000, so the price was adjusted before it sold. It spent 72 days on the market. At $239 per square foot, it closed 55.2% below the $534 median of the 4 other condo sales in the recent closings shown below.

2
Bedrooms
3
Bathrooms
2,720
Living Sq Ft
1962
Year Built

Listing Snapshot

Sold Price
$650,000
Sold On
June 30, 2026
Days on Site
72 Days
Bedrooms
2
Total Baths
3
Full Baths
2
Partial Baths
1
Living Area
2,720 sqft
Total Sq Ft
2,720 sqft
Lot Size
2.13 Acres
Year Built
1962
Property Type
Condo
MLS #
R11168221
Property Tax
$4,701 (2025)
HOA Fees
$1,875 / Monthly
Subdivision
SOUTH PALM RESIDENCE INC
County
Palm Beach
Status
Sold

About This Property

Wake up to sweeping direct ocean views from this rarely available, entire top-floor penthouse offering 2,720 sqft of living space and a huge private terrace ideal for outdoor dining and entertaining, plus additional Intracoastal vistas from the kitchen, dining room and guest bedroom. This expansive 2BR/2.5BA features hardwood floors, walk-in closet, in-unit washer/dryer and abundant natural light throughout. The generous split-bedroom layout provides endless potential. Unit is in original condition and requires renovation, presenting an excellent value-add opportunity to customize and significantly enhance value. Boutique 67-unit building with deeded beach access, heated pool, grilling area, elevator, and 3 parking spots.Concrete restoration and major improvements completed.

MLS media link

General Features

Property Type
Condo
Status
Sold
Year Built
1962
Property Condition
Resale
Number of Stories
5
Garage Spaces
3
Parking
Assigned / Deeded / Garage
Direction Faces
East
Lot Size (Acres)
2.13
Living Sq Ft
2,720
Total Sq Ft
2,720
Zoning
R-2A(c

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Free Standing Freezer / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Wood
Interior Features
Dining Area / Separate Formal Dining Room / Dual Sinks / Elevator / Walk In Closets
Laundry
Inside
Main Level Bedrooms
2
Main Level Baths
3
Furnished
Unfurnished

Exterior Features

Construction
Concrete
Exterior Features
Balcony / Outdoor Living Area
Patio & Porch
Patio / Balcony
Lot Features
Two To Three Acres
Waterfront
Yes
Waterfront Features
Ocean Front
View
Intercoastal / Ocean

Community & HOA

HOA Fee
$1,875 / Monthly
HOA Includes
Common Areas / Sewer / Trash / Water
Association Amenities
Elevators
Utilities
Water Available
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Buyer Approval Required
MLS Area
5004

Schools

Elementary School
Lantana
Middle School
Lantana Community
High School
Lake Worth

South Palm Residence Inc is an age-restricted 55+ community in South Palm Beach, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $204,950 to $675,000. At least one resident per home must be 55 or older. Pure Equity lists homes in South Palm Residence Inc and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
2
Under Contract
0
Median List Price
$174,450
Median $/Sq Ft
$335
Avg Days on Market
66
View all 2 homes for sale in South Palm Residence Inc →
How do I schedule a tour of 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480?
Use the Tour button on this listing to request a showing of 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480 still available?
3500 S Ocean Boulevard 500, South Palm Beach, FL 33480 is currently listed as Sold, and has been on the market 72 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480?
With 20% down ($135,000) on the $675,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480 is about $3,547/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480 have an HOA fee?
Yes: 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480 carries an HOA fee of about $1,875 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480?
3500 S Ocean Boulevard 500, South Palm Beach, FL 33480 is zoned for Lantana (elementary), Lantana Community (middle), Lake Worth (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480?
Often, yes. The right offer on 3500 S Ocean Boulevard 500, South Palm Beach, FL 33480 depends on how it's priced against comparable condo sales in South Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Douglas Elliman

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.

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Listed by Gloria Giudici, Douglas Elliman

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