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Palm Beach, Florida
60 oceanfront residences across three low-rise buildings on 8 acres at the southern end of Palm Beach Island, completed 1979.
Market Intelligence
Closed sales in the selected window, grouped by price tier.
Data as of July 30, 2026 · Updated daily from Beaches MLS
Closed sales, Beaches MLS. Tiers with fewer than three sales show counts only.
The Building
The 2500 Building is a five-story, 60-residence oceanfront building on eight private acres of South Ocean Boulevard in Palm Beach, completed in 1979. Its acreage and large floor plans, paired with a strict no-rental policy, make it a private, owner-occupied address.
Two things define the building. The first is its grounds and scale, set on eight private oceanfront acres with some of the largest floor plans on its stretch of the island. The second is its owner-occupied character. A strict no-rental policy keeps it stable and residential, appealing to buyers who value a settled, full-time community over rental flexibility.
| Address | 2500 South Ocean Blvd Palm Beach, FL 33480 |
|---|---|
| Year Built | 1979 |
| Site | Approx. 8 Oceanfront Acres |
| Buildings | 3 |
| Floors | 5 Stories |
| Residences | 60 Total |
| Size Range | 2,500 to 4,000 SF |
| Bedrooms | 3 to 4 |
| Views | Ocean, Intracoastal, Garden |
| Pet Policy | Permitted with restrictions |
| Rental Policy | No rentals allowed |
The residences are offered across the following layouts.
Interiors and systems are finished to a consistent standard.
Side by side
Market data is pulled live from the MLS on a trailing twelve-month basis, across all property types. Building details below are reference.
View All Luxury Condos →Common Questions
Four-bedroom residences trade above three-bedroom units; see the market data above, which reads live from the MLS, for current pricing. Within those bands, price varies substantially based on floor level, exposure, renovation quality, and whether a deeded cabana is included.
With only 60 residences and no rental turnover, the building sees limited annual sales activity, and a meaningful share of transactions occur off-market. Direct ocean exposure commands the highest premiums within each unit type.
Monthly fees are scaled by unit size. The fee covers cable, master building insurance, exterior maintenance, pest control, sewer, trash, water, pool service, the 24-hour doorman, gatehouse security, on-site building management, and reserve fund contributions.
For a building constructed in 1979, the reserve fund balance and recent contribution trajectory are worth reviewing closely. Florida’s updated reserve requirements apply to a building of this age and coastal proximity, and buyers should request the most recent reserve study as part of diligence.
No. The association prohibits rentals of any kind. All residents are owners, either full-time or seasonal. This restriction has been maintained for decades and effectively eliminates transient occupancy.
For buyers who value a stable, consistent resident base, the no-rental policy is a material differentiator from most competing Palm Beach oceanfront buildings, where short-term or seasonal rental activity is common.
The closest comparisons are Sloan’s Curve, the Claridges, 3550 South Ocean, and Two North Breakers Row. Sloan’s Curve, located immediately to the north at 2000 and 2100 South Ocean, is also a multi-building campus (four buildings, 96 total units, built 1980 and 1981) with comparable floor plans of 2,300 to 3,500 SF, but at roughly twice the density on a smaller site. The Claridge is an older building with smaller units and a lower price point. 3550 South Ocean, completed in 2019, offers newer construction with modern finishes at a similar or slightly lower price range, but on a fraction of the acreage.
Two North Breakers Row (built 1986) sits on The Breakers Hotel property and includes access to the full Breakers service platform, but trades at roughly double the 2500 Building’s prices. The 2500 Building’s advantage is the combination of 8 acres, floor plans up to 4,000 SF, and three separate low-rise buildings; the principal trade-off is a 1979 construction date, which makes per-unit renovation cost a real variable in total acquisition basis.
Pets are permitted with restrictions enforced by the association. Specific rules regarding permitted pet types, size limits, and any associated requirements should be confirmed with building management or through your agent prior to making an offer.
The pet policy is set by board resolution rather than the declarations, which means it can be amended by vote. Buyers with specific requirements should confirm current restrictions are acceptable before entering contract, as the rules in place at the time of purchase govern.
A building completed in 1979 on the oceanfront is squarely within the scope of Florida’s post-Surfside structural inspection and reserve funding mandates. The 2500 Building has already passed the age threshold that triggers milestone inspections.
Buyers should review the most recent structural integrity reserve study (SIRS), the current reserve fund balance, the board’s funding plan for any identified repairs, and whether any special assessments have been levied or are anticipated. These documents are the single most important piece of due diligence for a building of this vintage.
Each residence includes two dedicated covered garage parking spaces within the building complex.
For owners who require additional vehicle storage, it is worth confirming with the building manager whether guest or overflow parking accommodates larger vehicles or whether off-site arrangements are necessary.
The poolside cabanas are individually deeded to specific residences and transfer with the unit upon sale. Not every residence includes a cabana; they are a feature of select units and carry a measurable price premium.
For buyers who prioritize private pool-deck space adjacent to the pool and beach, a cabana-equipped unit narrows the available inventory considerably within an already limited building. We can identify which current and upcoming listings include a deeded cabana.
Conditions range widely. Some residences have been fully renovated with contemporary kitchens, marble baths, updated electrical and plumbing, and hurricane-rated windows throughout. Others are largely original. The building’s concrete-and-steel structure and generous ceiling heights accommodate renovation well.
Luxury condo renovations in the Palm Beach market carry a significant per-square-foot cost depending on scope and finish level, which on a 3,000 SF unit can add materially to the acquisition basis. Buyers should factor total renovation cost, construction timeline, and any board-imposed renovation windows into their budget from the outset.
Yes. The association requires board approval for all purchases. The process typically includes a formal application, financial documentation, and personal references. Approval is not guaranteed, and the process can take several weeks.
Buyers should build this timeline into their contract contingencies. The level of scrutiny is consistent with what buyers encounter at comparable owner-occupied Palm Beach buildings with strict no-rental policies.
Unit combinations have been completed at the 2500 Building, creating floor plans exceeding 4,000 square feet. The process requires board approval, a structural engineering review, and re-platting with the county, all of which add cost and timeline.
Before pursuing a combination, buyers should compare the total cost of acquiring two adjacent units plus construction against purchasing one of the building’s existing four-bedroom residences, which already approach 4,000 SF and may include a cabana.
The association’s master policy covers the building structure, common areas, and shared mechanical systems; its cost is embedded in the HOA fee. Individual owners carry their own HO-6 policy covering interior improvements, personal property, and personal liability.
Given the building’s 1979 construction date, direct coastal exposure, and the current state of Florida’s property insurance market, HO-6 premiums can be a meaningful carrying cost, particularly for units with extensive renovations that increase the replacement value of interior finishes. Buyers should obtain HO-6 quotes early in diligence and factor the premium into their annual carrying cost analysis alongside the HOA fee and property taxes.
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