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2505 S Ocean Boulevard #303, Palm Beach, FL, 33480

1beds
1baths
788sqft
$394,000
$500price/sqft
$2,574/moest. monthly cost
$102,960/yrincome needed

About This Home

The President of Palm Beach is an iconic, landmarked building directly on the Intracoastal with private, deeded beach access across the street. Full amenities include heated, waterfront pool, 24/7 doorman, full time manager, a great gym, and one of the few buildings in Palm Beach with a private dock available for up to 35' boat. Chic one bedroom, one bath with dramatic treetop and intracoastal views and large balcony. Across the street from the famed Palm Beach Par 3 and close to the airport, restaurants, shops, Four Seasons, and the vibrant arts and business district of West Palm Beach. No current or pending assessments and fully funded reserves.

Getting Around

18
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

8/10
Palm Beach Public SchoolGrades PK-55.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1970

Materials

  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Microwave,Oven,Refrigerator
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Main Level Primary,None,Storage,Tub Shower
  • Window features: Sliding
  • Flooring: Ceramic Tile,Laminate

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 788
  • Total interior livable area: 788 sqft

Kitchen

  • Level: Main
  • Area: 80
  • Dimensions: 8 X 10

Kitchen

  • Level: Main
  • Area: 80
  • Dimensions: 8 X 10

Living Room

  • Level: Main
  • Area: 300
  • Dimensions: 15 X 20

Living Room

  • Level: Main
  • Area: 300
  • Dimensions: 15 X 20

Master Bedroom

  • Level: Main
  • Area: 210
  • Dimensions: 14 X 15

Master Bedroom

  • Level: Main
  • Area: 210
  • Dimensions: 14 X 15

Property

Details

  • Parcel number: 50434423010003030
  • Zoning: R-C(ci
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Association
  • Patio & porch: Covered,Balcony
  • Exterior features: Balcony,Outdoor Living Area
  • Has view: Yes
  • View description: Garden,Intercoastal
  • Has water view: Yes
  • Water view: Intercoastal
  • On waterfront: Yes
  • Waterfront features: Beach Access,Deeded Access,Intracoastal Access

Parking

  • Total spaces: 1
  • Parking features: Assigned,Guest,Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,992$23,904
Home Insurance *$116$1,392
Property Taxes $269$3,228
Electricity $197$2,366
Total$2,574$30,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,251/yr
40% on housing$77,220/yr
45% on housing$68,640/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$500This listing

vs Other Active Listings

Avg $/sqft

ZIP 33480$2,013
Palm Beach County$444

vs Homes Sold Last Month

Median $/sqft

ZIP 33480$3,044
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-17Price change$399,000
2026-03-02Price change$415,000
2026-02-11Listed for sale$430,000
2024-05-02Listing removed--
2024-01-26Listed for rent$5,000
2024-01-26Listing removed--
2023-04-03Listed for rent$5,000
2022-04-28Sold$365,000
2022-03-28Pending sale$379,000
2022-03-20Contingent$379,000
2022-03-15Listed for sale$379,000
2021-12-14Listing removed--
2021-10-27Pending sale$295,000
2021-10-13Listed for sale$295,000
2019-05-01Listing removed$224,000
2018-11-28Listed for sale$224,000
2018-02-05Listing removed$2,950
2017-08-23Listed for rent$2,950
2017-08-17Sold$150,000
2017-07-28Pending sale$189,000
2016-10-24Price change$189,000
2016-08-16Listed for sale$199,000
2016-06-06Sold$130,000
2016-05-04Price change$148,000
2016-04-22Listed for sale$157,000
2016-03-02Listing removed$175,000

For Sale by Agent

AgentDeirdre Jones
BrokerageThe Corcoran Group

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