3550 S Ocean Boulevard 5e, South Palm Beach, FL 33480

$1,000,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,193 Status: Closed
Current Price: $1,000,000 List Date: 3/07/2025 Last Modified: 8/11/2026

Overview

Description

AUCTION BIDDING OPEN! Bidding ends March 31! Previously Listed for $1.8M. Current high bid is $1,000,000. Showings by Appointment. Buyers must show proof of funds. Situated on the prestigious Palm Beach Island, Unit 5E offers a luxurious lifestyle. Newly constructed boutique building w/exclusive oceanfront residences. Floor-to-ceiling glass windows & sliding glass doors flood the interior w/natural light thru-out. 3 private balconies offer sweeping views of the Atlantic Ocean, Intracoastal Waterway, city skyline, sunrises & sunsets. Elegant & contemporary finishes incl limestone, coral stone, white oak flooring. Kitchen is equipped w/Miele appliances. Spacious primary suite boasts ocean views & spa-inspired bath. This extraordinary home offers ideal space, location & amenities.

Supplements: LUXURY PROPERTY AUCTION: BID 26-31 MARCH. Listed for $1.8M. Starting Bids Expected Between $500K-$1.25M. Situated on the prestigious Palm Beach Island, 3550 S. Ocean Blvd. Unit 5E offers an unparalleled lifestyle of luxury and comfort. This newly constructed boutique building consists of just 30 exclusive oceanfront residences, ensuring privacy a ...

Listing Details MLS# R11069146

General Property Information

Total Units In Building
30
Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
3
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Building Area Main
3193
Building Area Source
Plans
Living Area Main
2823
Accessibility Features YN
Yes
Year Built
2019
Carport YN
Yes
Carport Spaces
2
Covered Spaces
2
Gated Community YN
Yes
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
7
Direction Faces
West
Pool Private YN
No
Spa YN
Yes
Year Roof Installed
2019

Property Features

Accessibility Features: Accessible Elevator Installed; Customized Wheelchair Accessible Association Fee Includes: Common Areas; Elevator; Gas; Insurance; Maintenance Grounds; Pest Control; Recreation Facility; Security; Trash; Water Dining Area: Dining/Living Room; Kitchen Dining Flooring: Wood Parking Features: Assigned; Covered Property Condition: Resale Spa Features: In Ground Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Oven; Refrigerator; Washer; Water Heater; Water Softener; Cooktop Water Heater Details: Gas Water Heater Architectural Style: Colonial Construction Materials: Concrete Cooling: Central Individual; Zoned Association Type: Homeowner Association Heating: Central Individual Interior Features: Built-in Features; Entrance Foyer; Kitchen Island; Pantry; Storage; Walk-In Closet(s) Laundry Features: Inside; Laundry Tub Listing Terms: Cash; Conventional; Trade Other Equipment: Intercom Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease Restrictions; Parking - No Boat; Parking - No Commercial Vehicles; Parking - No RV Other Leasing Restrictions: Tenant Approval Road Surface Type: Paved Security Features: Closed Circuit Camera(s); Entry - Phone/Intercom; Fire Alarm; Fire Sprinkler System; Gated - No Guard; Key Card Entry; Security Guard; Security Patrol; Security System; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Tax Information: City/County Unit Description: Corner/End Unit Utilities: Natural Gas Available; Sewer Available; Water Available Water Access: Ocean Access Water Source: Public Water View: Intracoastal; Ocean Waterfront Features: Ocean Front Window Features: Blinds; Drapes Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent Outdoor Living Spaces: Balcony Contingencies: None Room Types: Bedroom 2; Bedroom 3; Den; Kitchen; Laundry; Living Room; Master Bedroom; Other; Utility Room

Contract Information

Comp Sale YN
No
Original List Price
1800000
Owner Phone
561-815-1788

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
3550
Street Direction Prefix
S
Street Name
Ocean
Street Suffix
Boulevard
Unit Number
5e
City Name
South Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
3550 SOUTH OCEAN CONDO
Development Name
3550 South Ocean Condominiums
Area
5004
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
62434435330000550
Zoning
R-2A
Multiple Offers Accepted
Yes

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
4634
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
27965
Tax Year
2024
Tax Legal Description
Unit 5E of 3550 South Ocean Condominium, according to the Declaration of Condominium recorded in Official Records.

Status Change Information

Major Change Timestamp
2025-04-30T22:57:21Z
Major Change Type
Status Change
Price Change Timestamp
2025-03-25T22:29:14Z
Status Change Date
2025-04-30
Under Contract Date
2025-03-31
Close Date
2025-04-30
Close Price
1000000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Location
Entry Level Living Area Y

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
4
Main Level Bedrooms
3

Storm Protection

Impact Glass
Complete

Buyer Details

Country of Origin
United States
Zip Code
77019

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Bedroom 2 Level
Main
Bedroom 3 Level
Main
Den Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Other Level
Main
Utility Room Level
Main

Price Calculations

Current Price To SqFt
354.23
Original List Price To Close Price
1.8

Originating Details

Originating System Key
20250307132651546293000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level Remarks
Living Room 39.00 18.50 Main
Kitchen 15.00 11.00 Main
Master Bedroom 17.00 13.67 Main Bathroom & dressing room are additional sq.ft.
Bedroom 2 13.67 12.00 Main Bathroom is additional sq.ft.
Bedroom 3 13.67 12.00 Main Bathroom is additional sq.ft.
Den 15.67 13.33 Main
Utility Room 10.50 9.33 Main Laundry Room/Butler's Pantry with sink
Other 9.67 7.00 Main
Laundry
IDX
Listing Office: JD Bols & Associates
Source MLS Verified
Last Updated: August - 11 - 2026
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