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4001 S Ocean Boulevard #122, South Palm Beach, FL, 33480

--beds
1baths
375sqft
$94,000
$251price/sqft
$763/moest. monthly cost
$30,520/yrincome needed

About This Home

Discover your slice of paradise on South Palm Beach Island! Priced at just $94,000, this charming studio offers 375 sq ft of cozy living space, perfect for a personal retreat or investment opportunity. With serene views and unbeatable location, it's the ideal escape. Fabulously located between the Atlantic Ocean and the Intracoastal, enjoy a short walk or bike ride to Lantana Beach, Publix, the Eau Resort & Spa, and Plaza del Mar shopping. Residents enjoy a boutique active lifestyle with an on-site fitness center, a secure lobby with dedicated bike storage, and a dedicated area featuring picnic tables and BBQ grills, perfect for waterfront social gatherings. Relax by the renovated, heated pool directly on the Intracoastal or take advantage of direct beach access across the street. - Active Lifestyle: On-site fitness center and secure bike room in the lobby facilitate a healthy, car-optional island lifestyle. - Outdoor Amenities: Waterfront social deck with picnic tables, BBQ grills, and a heated pool sitting directly on the Intracoastal. - Prime Location: "On the Island" in South Palm Beach, walking distance to the new Publix and local favorites like the Ice Cream Club. - Parking: Assigned parking space #122 is conveniently located just steps from the unit's private patio entrance. - Storage: Extra storage locker included. - Strict Community Standards: This is a quiet, well-managed, owner-occupied building with a no-pet and no-leasing policy. Note: Cash only per co-op rules; no pets, no leasing, and mandatory board interview/background check required.

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
53
BikeBikeable

Schools

4/10
Lantana Elementary SchoolGrades PK-51.4 mi
3/10
Lantana Middle SchoolGrades 6-81.7 mi
2/10
Lake Worth High SchoolGrades PK,9-122.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1958

Materials

  • Roof: Composition,Rolled/Hot Mop
  • Construction materials: Block

Type & Style

  • Home type: Cooperative
  • Property subType: Stock Cooperative

Interior

Appliances

  • Appliances included: Electric Range,Microwave,Refrigerator
  • Laundry features: Common Area

Bedrooms & Bathrooms

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

Features

  • None
  • Flooring: Tile

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 380
  • Total interior livable area: 375 sqft

Property

Accessibility

  • Accessibility features: Accessibility Features,Accessible Common Area,Accessible Elevator Installed,Accessible Approach with Ramp,Accessible Hallway(s)

Details

  • Parcel number: 62434435300001220
  • Zoning: R-2 (city)
  • Special condition: Standard,Listed As-Is

Features

  • Levels: One
  • Stories: 1
  • Entry location: Entry Level Living Area
  • Pool features: Association,Heated
  • Patio & porch: Patio
  • Exterior features: Outdoor Living Area
  • Has view: Yes
  • View description: Garden,Intercoastal
  • Has water view: Yes
  • Water view: Intercoastal
  • On waterfront: Yes
  • Waterfront features: Intracoastal Access

Lot

  • Lot size: 1.68 Acres
  • Features: 1-2 Acres

Parking

  • Total spaces: 1
  • Parking features: Assigned,Guest,See Remarks

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
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
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 $475$5,700
Home Insurance *$27$324
Property Taxes $64$768
Electricity $197$2,366
Total$763$9,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,160/yr
40% on housing$22,890/yr
45% on housing$20,346/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

$251This listing

vs Other Active Listings

Avg $/sqft

ZIP 33480$2,014
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)

No zestimate history available

Price History

DateEventPrice
2026-04-30Listed for sale$94,000
1995-12-01Sold$27,500

For Sale by Agent

AgentLindsay Ann Fanali
BrokerageLAER Realty Partners Bowen/Wellington

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