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4001 S Ocean Boulevard 218, South Palm Beach, FL 33480
Active
141 Days on Market
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How this price compares

List price
$150,000
Price per sq ft
$257
Vs. nearby sales
3% below
Days on market
141

This 1-bedroom condo in Tropicana Gardens Inc is listed at $150,000, or $257 per square foot. The asking price has come down 4.5% from its original $157,000. It has been on the market for 141 days. The 5 most recent condo sales in the closings shown below sold at a median of $265 per square foot, so the asking price is 3% below what comparable homes here actually sold for.

1
Bedrooms
1
Bathrooms
584
Living Sq Ft
1958
Year Built

Estimated monthly payment

$788 /mo

Principal and interest only, based on $30,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $836/mo HOA are not included.

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Listing Snapshot

Price
$150,000
Days on Site
141 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
584 sqft
Total Sq Ft
644 sqft
Year Built
1958
Property Type
Condo
MLS #
B26027819
Property Tax
$584 (2025)
HOA Fees
$836 / Monthly
Subdivision
TROPICANA GARDENS INC
Development
Tropicana Gardens
County
Palm Beach
Status
Active
Special Conditions
Standard

About This Property

Maximization of space is a defining characteristic of this thoughtfully designed waterfront 1/1 at Tropicana Gardens. The bright kitchen offers double or triple the counterspace of comparable units. The countertops are white quartz, with matching stone in the workspace setup. The backsplash is fresh & creates a harmonious contrast with the original wood cabinets from 1958, restored & beautifully maintained. The desk area is great for someone working from home or just using the computer. For someone valuing additional kitchen space, it could be used in that capacity as well. Enjoy an Intracoastal view from the balcony. There is impact glass throughout; wood flooring in the living area & bedroom; tile in the kitchen. Great natural light is complemented by recessed lighting, track lighting & the ceiling fan lights. An updated bathroom features an LED-framed mirror & modern vanity. The bedroom features a neat vanity with chair. All units come with a large, separate storage locker & 1 assigned parking spot. Tropicana Gardens is a well-maintained 55+ community with a heated pool on the Intracoastal. The building is past Milestone Inspections & fully reserved. It's a quiet community but also offers social events. There is an elevator, common laundry & bike storage. The location is a major part of the allure. There is ocean access across the street at Lantana Beach. Also, great proximity to: The Eau Resort; Dune Deck Café; Plaza del Mar Shopping Center with Publix & restaurants Thaikyo & Art Basil; Lantana Nature Preserve. The sidewalks are bustling with walkers, joggers, bikers & shoppers. This is island living!

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General Features

Property Type
Condo
Status
Active
Year Built
1958
Property Condition
Resale
Number of Stories
4
Levels
One
Parking
Assigned / Asphalt / Open
Direction Faces
North
Lot Size (Acres)
0
Living Sq Ft
584
Total Sq Ft
644
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
R-2 (city)

Interior Features

Appliances
Electric Range / Electric Water Heater / Freezer / Ice Maker / Microwave / Oven / Range / Refrigerator / Water Heater
Cooling
Ceiling Fans / Ductless / Wall Window Units
Heating
Wall Furnace
Flooring
Ceramic Tile / Tile / Wood
Interior Features
Built In Features / Bedroom On Main Level
Laundry
Common Area
Windows
Blinds / Drapes
Main Level Bedrooms
1
Main Level Baths
1
Total Rooms
3
Furnished
Negotiable

Exterior Features

Construction
Block
Roof
Rolled Hot Mop
Exterior Features
Balcony / Outdoor Living Area / Storage
Pool Features
Association / Heated
Patio & Porch
Open / Balcony
Waterfront
Yes
Waterfront Features
Intracoastal Access / None
View
Intercoastal / Water

Community & HOA

HOA Fee
$836 / Monthly
HOA Name
Tropicana Gardens
HOA Includes
Common Areas / Maintenance Grounds / Pools / Reserve Fund / Roof / Sewer / Trash / Water
Association Amenities
Beach Rights / Beach Access / Bike Storage / Clubhouse / Maintenance Grounds / Laundry / Maintenance / Pool / Storage / Elevators
Security
Security Guard
Utilities
Cable Available / Electricity Available / Sewer Connected / Water Connected
Pets Allowed
No
55+ Community
Yes
Financing Terms
Cash
Restrictions
Buyer Approval Required / Limited Number Vehicles / No Boats / No Commercial Vehicles / No Motorcycles / No Rv / No Trailer Parking
MLS Area
5004

This home's HOA fee works out to $836 a month, 9% above the $769 median across 5 homes for sale in Tropicana Gardens Inc. See Tropicana Gardens Inc HOA fees

Schools

Elementary School
Lantana
Middle School
Lantana Community
High School
Lake Worth

Tropicana Gardens 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 $110,000 to $174,900. At least one resident per home must be 55 or older. Pure Equity lists homes in Tropicana Gardens 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
5
Median List Price
$114,900
Median $/Sq Ft
$257
Avg Days on Market
180
View all 5 homes for sale in Tropicana Gardens →
How do I schedule a tour of 4001 S Ocean Boulevard 218, South Palm Beach, FL 33480?
Use the Tour button on this listing to request a showing of 4001 S Ocean Boulevard 218, 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 4001 S Ocean Boulevard 218, South Palm Beach, FL 33480 still available?
4001 S Ocean Boulevard 218, South Palm Beach, FL 33480 is currently listed as Active, and has been on the market 141 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 4001 S Ocean Boulevard 218, South Palm Beach, FL 33480?
With 20% down ($30,000) on the $150,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 4001 S Ocean Boulevard 218, South Palm Beach, FL 33480 is about $788/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 4001 S Ocean Boulevard 218, South Palm Beach, FL 33480?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 4001 S Ocean Boulevard 218, 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 4001 S Ocean Boulevard 218, South Palm Beach, FL 33480 have an HOA fee?
Yes: 4001 S Ocean Boulevard 218, South Palm Beach, FL 33480 carries an HOA fee of about $836 monthly (Tropicana Gardens). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 4001 S Ocean Boulevard 218, South Palm Beach, FL 33480?
4001 S Ocean Boulevard 218, 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 4001 S Ocean Boulevard 218, South Palm Beach, FL 33480?
Often, yes. The right offer on 4001 S Ocean Boulevard 218, 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 Illustrated Properties

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 June 23, 2026.

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Listed by Sean Murphy, Illustrated Properties

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