2778 S Ocean Boulevard, #206s, Palm Beach, FL, 33480 | $900,000

Experience refined coastal living in the heart of Palm Beach with this exceptional waterfront condominium, ideally situated within one of the area's most desirable full-service buildings. Combining luxury, comfort, and value, this residence offers a rare opportunity to enjoy a high-end lifestyle at a reasonable price point in a market known for its exclusivity and strong demand for amenity-rich properties. This beautifully appointed two-bedroom residence encompasses approximately 1, 780 square feet of interior living space, complemented by an expansive 300-square-foot private balcony designed for seamless indoor-outdoor living. Floor-to-ceiling, hurricane-impact glass sliders in every room flood the home with natural light while showcasing sweeping waterfront views and providing direct access to the oversized terrace—perfect for entertaining or relaxing in a serene coastal setting. The interiors have been thoughtfully updated with a brand-new kitchen featuring modern finishes and quality craftsmanship, along with new flooring throughout, creating a clean, contemporary aesthetic that is both elegant and functional. The generous layout offers spacious living and dining areas, well-proportioned bedrooms, and an overall sense of openness rarely found at this price level. Residents enjoy a full suite of resort-style amenities typically reserved for the most prestigious developments. These include a newly renovated fitness center, full-time doorman service, and a beautifully updated clubhouse that opens onto a stunning waterfront pool deck—an ideal setting for socializing or unwinding. The building also offers deeded beach access, allowing effortless enjoyment of Palm Beach's pristine shoreline, as well as secure garage parking for added convenience and peace of mind. Set along the waterfront with access to both ocean and Intracoastal lifestyles, this residence embodies the defining characteristics of luxury Palm Beach condominiums—prime location, expansive views, and comprehensive amenities—all within a well-maintained and highly sought-after community.

Features

  • Parking: Garage Door Opener, Garage, Attached Garage
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 5
  • Amenities: Beach Access, Clubhouse, Car Wash Area, Elevator(s), Fitness Center, Management, Parking, Pool, Sauna, Spa/Hot Tub, Storage, Manager On Site, Bike Storage, Heated Pool, Internet Included, Kitchen Facilities
  • Rooms: 3
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Unit
  • Complex: SUTTON PLACE CONDO
  • Year Built: 1981
  • Approx Sq. Feet: 1,780
  • Est. Taxes: $3,020
  • View: Garden, Water, Intracoastal
  • Water Front: Yes
  • Elem. School: Palm Beach Public
  • Middle School: Lake Worth
  • High School: Forest Hill
  • Pet Policy: No
  • Appliances: Electric Water Heater, Cooktop, Dryer, Disposal, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Water Heater, Washer, Electric Cooktop, Freezer
  • MLS#: B26011845
  • Website: https://www.raveis.com
    /prop/B26011845/2778soceanboulevard_palmbeach_fl?source=qrflyer
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Listing courtesy of Sotheby's International Realty

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2778 S Ocean Boulevard, #206s, Palm Beach, FL, 33480

$900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $720,000 $720,000 $720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.361% 6.183%
Monthly Tax Payment $252 $252 $252
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,317 $4,433 $6,076
Total Monthly Payment $4,661 $4,777 $6,420

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.