2778 South Ocean Ph1-N, Palm Beach, FL 33480

$1,525,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,962 Status: Closed
Current Price: $1,525,000 List Date: 11/07/2024 Last Modified: 9/08/2026

Overview

Description

Rare and meticulous 2/2 Penthouse with Direct East Intracoastal exposure/views as well as South by way of wrap around balcony in Sutton Place. Property has been rarely used yet maintained beautifully. Enjoy Sunset views over the intracoastal. Laundry in unit, garage parking. 24 hour doorman, beautiful fitness center, clubhouse, pool on the intracoastal and deeded beach access.

Listing Details MLS# R11000155

General Property Information

Number Of Units In Community
76
Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1962
Building Area Source
Public Records
Living Area Main
1542
Year Built
1981
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Gated Community YN
No
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
5
Direction Faces
East
Pool Private YN
Yes

Property Features

Application Information: Personal Interview Required Association Fee Includes: Cable TV; Elevator; Insurance; Pest Control; Security; Sewer; Trash; Water Dining Area: Dining/Living Room Flooring: Carpet; Marble Parking Features: Assigned; Open; Under Building; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air; Electric Association Type: Condominium Heating: Central; Electric Interior Features: Bar; Bedroom Layout - Split; Built-in Features; Entrance Foyer; Walk-In Closet(s); Wet Bar Listing Terms: Cash; Conventional Pets Allowed YN: No Pool Features: Heated; In Ground Restrictions: Buyer Approval Required; Lease Restrictions Other Leasing Restrictions: Tenant Approval Road Frontage Type: Public Road Road Surface Type: Paved Roof: Concrete; Tile Security Features: Lobby - Attended Tax Information: City/County; County Only; Homestead Exemption Unit Description: Corner/End Unit Utilities: Water Available View: Pool Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal Window Features: Sliding Showing Requirements: Text Listing Agent Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Open Contingencies: None Room Types: Bedroom 2; Convertible Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom Acreage Description: 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1700000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
2778
Street Name
South Ocean
Unit Number
Ph1-N
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
SUTTON PLACE
Development Name
SUTTON PLACE
Area
5004
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
50434423100015010
Zoning
RD 1
Directions
East over Lake Ave Bridge to Ocean Blvd. North on Ocean Blvd to property on West side of street. North Building.
Building Name
2778

Financial Information

Association YN
Yes
Association Deposit YN
Yes
Association Fee
1980
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
12028
Tax Year
2023
Tax Legal Description
SUTTON PLACE COND UNIT PH-1-N

Status Change Information

Major Change Timestamp
2024-11-08T21:43:42Z
Major Change Type
Status Change
Status Change Date
2024-11-08
Under Contract Date
2024-09-14
Close Date
2024-10-28
Close Price
1525000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
90

Storm Protection

Accordian Shutters
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
988.97
Original List Price To Close Price
1.11

Originating Details

Originating System Key
20240628190508399958000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Bedroom 2 11.00 14.00
Dining Room 12.00 15.00
Kitchen 8.00 12.00 Main
Living Room 15.00 28.00 Main
Master Bedroom 18.00 13.00 Main
Convertible Bedroom
IDX
Listing Office: Compass Florida LLC
Source MLS Verified
Last Updated: September - 08 - 2026
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