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$2,050,000
● Condo - Off Market

Palm Beach, FL
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,972 Ft²
$3,608,753
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Direct ocean views from every room of this rare 3/3 renovated condo. Corner unit provides wonderful sunny SE exposure. Upgrades include hurricane impact sliders, open kitchen, electric solar blinds and newly redone lobby, garage and more. Washer/Dryer in unit. The Sun & Surf offers direct oceanfront, 24 hour Concierge and valet with pools, spa and fitness center and private beach access.Located in the center of town, steps from restaurants, shopping and bike trail.
Unit Size
1,972 Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,154
Property Type
Condo
Property Taxes
$1,742
HOA Dues
$1,300
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (Beaches MLS #RX-10285727)

Price History

Date / Event Date Event Price
Nov 7, 2017 Sold
Premium
Sold
Nov 21, 2016 Listed by Sotheby's Intl. Realty, Inc. $2,275,000
Listed by Sotheby's Intl. Realty, Inc.

Property Highlights

Parking Details
Garage Spaces: 1
Has Garage
Interior Details
Bathrooms: 3
Flooring Type: Carpet, Ceramic Tile, Marble
Exterior Details
Property Type: A
Year Built : 1977
Lot Features: East of US-1, Paved Road, Public Road, Sidewalks
Financial Details
Tax Year: 2015
Tax Annual Amount: $20,900
Utilities Details
Utilities: Public Water, Water Available
Location Details
HOA Fee/Month: $1,300
Application Fee: $150

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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BEACHES

Listed by: Jane Scott
Sotheby's Intl. Realty, Inc.
Last Updated: 2 years ago
Data Source: Beaches MLS, MLS# RX-10285727
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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