2730 S Ocean Beach 509, Palm Beach, FL 33480

$265,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,225 Status: Closed
Current Price: $265,000 List Date: 4/11/2016 Last Modified: 7/08/2026

Overview

Description

If you are looking to invest in an apartment that you can use & rent out when you are not here then this apartment is made for you. The apartment is turnkey, completely renovated & furnished & is currently in the rental pool with a good rental history. If offers ocean, intracoastal and pool views from inside the apartment. The Ambassador Hotel is a unique building. It is open as a hotel from November 1st until May 1st at which time hotel amenities are in pace for all of the owners. These amenities include daily maid service where they come and lightly clean your apartment and you have towels left daily. Your linens are changed twice a week. There is also a restaurant, beauty salon, spa and pilates as well as an exercise room Pet friendly with a beautiful beach. Come see!

Listing Details MLS# R10224753

General Property Information

Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1225
Building Area Source
Plans
Living Area Main
1225
Year Built
1947
Senior Community YN
No
Waterfront YN
Yes
Stories Total
7
Direction Faces
East
Pool Private YN
No
Furnished
Furnished

Property Features

Electric: Three Phase Leasing Permitted Details: Okay To Lease Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator Construction Materials: Concrete Cooling: Central Air Association Type: Co-Op Heating: Central Interior Features: Bedroom Layout - Stacked; Walk-In Closet(s) Listing Terms: Cash Pets Allowed YN: Yes Possession: Close Of Escrow Tax Information: City/County Waterfront Features: Ocean Front; Seawall Showing Requirements: Call Listing Agent Contingencies: None Room Types: Bedroom 2; Dining Room; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
295000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
2730
Street Direction Prefix
S
Street Name
Ocean
Street Suffix
Beach
Unit Number
509
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
Ambassador Hotel
Area
5004
Geographic Area
PB30
Special Assessment YN
Yes
Parcel Number
50434423130005090
Zoning
Resident
Directions
North of the Lake Worth Bridge on the Oceanside

Financial Information

Association YN
Yes
Association Fee
1317.34
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
1537
Tax Year
2015
Tax Legal Description
Ambassador Hotel Co-Op Apts Inc Apt 509

Status Change Information

Major Change Timestamp
2017-06-19T18:44:51Z
Major Change Type
Status Change
Price Change Timestamp
2016-12-12T21:25:34Z
Status Change Date
2017-06-19
Under Contract Date
2017-04-28
Close Date
2017-05-08
Close Price
265000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Leasing Permitted Details

Leasing Permitted YN
Yes

Short Sale Details

Short Sale Addendum
No

Room Types

Bedroom 2 Level
First
Dining Room Level
First
Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First

Price Calculations

Current Price To SqFt
216.32
Original List Price To Close Price
1.11

Originating Details

Originating System Key
20160411185731793705000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 14.00 23.00 First
Dining Room 8.00 9.00 First
Kitchen 8.00 9.00 First
Master Bedroom 12.00 15.00 First
Bedroom 2 11.00 15.00 First
IDX
Listing Office: Illustrated Properties
Source MLS Verified
Last Updated: July - 08 - 2026
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