Wake up to sweeping direct ocean views from this rarely available, entire top-floor penthouse offering 2,720 sqft of living space and a huge private terrace ideal for outdoor dining and entertaining, plus additional Intracoastal vistas from the kitchen, dining room and guest bedroom. This expansive 2BR/2.5BA features hardwood floors, walk-in closet, in-unit washer/dryer and abundant natural light throughout. The generous split-bedroom layout provides endless potential. Unit is in original condition and requires renovation, presenting an excellent value-add opportunity to customize and significantly enhance value. Boutique 67-unit building with deeded beach access, heated pool, grilling area, elevator, and 3 parking spots.Concrete restoration and major improvements completed.
Listing Provided Courtesy of Douglas Elliman at 561-655-8600
Property Details
Price:
$750,000
MLS #:
R11168221
Status:
Active
Beds:
2
Baths:
2.5
Type:
Condo
Subtype:
Condominium
Subdivision:
SOUTH PALM RESIDENCE INC
Neighborhood:
5004
Listed Date:
Mar 3, 2026
Finished Sq Ft:
2,720
Total Sq Ft:
2,720
Lot Size:
92,783 sqft / 2.13 acres (approx)
Year Built:
1962
See this Listing
Schools
Elementary School:
Lantana
Middle School:
Lantana Community
High School:
Lake Worth
Interior
Appliances
Dishwasher, Dryer, Electric Range, Free-Standing Freezer, Refrigerator, Washer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Wood
Heating
Central
Laundry Features
Inside
Exterior
Association Amenities
Elevator(s)
Construction Materials
Concrete
Exterior Features
Balcony
Parking Features
Assigned, Deeded, Garage
Financial
HOA Fee
$1,875
HOA Frequency
Monthly
HOA Includes
Common Areas, Elevator, Sewer, Trash, Water
Tax Year
2025
Taxes
$4,701
Map
Community
- Address3500 S Ocean Boulevard 500 South Palm Beach FL
- SubdivisionSOUTH PALM RESIDENCE INC
- CitySouth Palm Beach
- CountyPalm Beach
- Zip Code33480
Subdivisions in South Palm Beach
Market Summary
Current real estate data for Condo in South Palm Beach as of Mar 09, 2026
81
Condo Listed
119
Avg DOM
417
Avg $ / SqFt
$644,101
Avg List Price
Property Summary
- Located in the SOUTH PALM RESIDENCE INC subdivision, 3500 S Ocean Boulevard 500 South Palm Beach FL is a Condo for sale in South Palm Beach, FL, 33480. It is listed for $750,000 and features 2 beds, 3 baths, and has approximately 2,720 square feet of living space, and was originally constructed in 1962. The current price per square foot is $276. The average price per square foot for Condo listings in South Palm Beach is $417. The average listing price for Condo in South Palm Beach is $644,101. To schedule a showing of MLS#r11168221 at 3500 S Ocean Boulevard 500 in South Palm Beach, FL, contact your Stonecrest International Realty agent at 561-707-9933.
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