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4001 S Ocean Boulevard #315, South Palm Beach, FL, 33480

1beds
1baths
584sqft
$130,000
$223price/sqft
$1,138/moest. monthly cost
$45,520/yrincome needed

About This Home

Exceptional value describes this top-floor unit at Tropicana Gardens featuring a double balcony & a great Intracoastal view. Recent upgrades include impact windows & door, bathroom renovation, wall units in the living area & bedroom, lighting fixtures & fans & the refrigerator. Laminate flooring throughout the living area & bedroom; tile in the kitchen. The balcony really stands out & the floor plan is among the largest in the building. The unit is located in a prime location near the pool, overlooking the Intracoastal & Hypoluxo Island. The property comes with a large locker for extra storage. Tropicana Gardens features a heated pool on the Intracoastal, a car wash & bike storage. The building is in a great location in South Palm Beach with proximity to Dune Deck Cafe at Lantana Beach, The Eau Resort, Plaza del Mar Shopping Center & Lantana Nature Preserve.

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
56
BikeBikeable

Schools

4/10
Lantana Elementary SchoolGrades PK-51.2 mi
3/10
Lantana Middle SchoolGrades 6-81.5 mi
2/10
Lake Worth High SchoolGrades PK,9-122.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1958

Materials

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

Type & Style

  • Home type: Condo
  • Property subType: Condominium,Stock Cooperative

Interior

Appliances

  • Appliances included: Electric Range,Free-Standing Freezer,Microwave,Refrigerator

Bedrooms & Bathrooms

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

Features

  • Kitchen/Dining Combo,Custom Mirrors,None,Storage
  • Flooring: Ceramic Tile,Laminate

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 644
  • Total interior livable area: 584 sqft

Kitchen

  • Level: Main
  • Area: 1
  • Dimensions: 1 X 1

Living Room

  • Level: Main
  • Area: 1
  • Dimensions: 1 X 1

Master Bedroom

  • Level: Main
  • Area: 1
  • Dimensions: 1 X 1

Property

Details

  • Parcel number: 62434435300003150
  • Zoning: R-2(ci
  • Special condition: Listed As-Is

Features

  • Levels: Multi/Split
  • Entry location: Entry Level Living Area Y
  • Pool features: Association
  • Patio & porch: Open,Balcony
  • Exterior features: Balcony,Outdoor Living Area
  • Has view: Yes
  • View description: 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

  • Parking features: Assigned,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
  • 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 $657$7,884
Home Insurance *$38$456
Property Taxes $246$2,952
Electricity $197$2,366
Total$1,138$13,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,017/yr
40% on housing$34,140/yr
45% on housing$30,346/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

$223This 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
2026-04-20Price change$150,000
2026-03-16Price change$160,000
2026-01-20Listed for sale$165,000
2025-06-26Listing removed$180,000
2025-03-02Price change$180,000
2025-02-04Price change$190,000
2025-01-07Listed for sale$200,000

For Sale by Agent

AgentSean Murphy
BrokerageIllustrated Properties LLC

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