Cays Realty
3450 S Ocean Boulevard 812, Palm Beach, FL 33480 — MLS photo

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3450 S Ocean Boulevard 812, Palm Beach, FL 33480

Active · Condominium

$462,000

3450 S Ocean Boulevard 812, Palm Beach, FL 33480

Beds
1
Baths
2
Living area
1,008 sq ft
$ / sq ft
$458/sq ft
Year built
1971
Lot size
—
HOA fee
$1,491 Monthly
Annual tax
$4,390

About this property

Penthouse views and Palm Beach luxury! Impact Sliders. All Milestone Inspections Complete. Welcome to Unit 812 at The Patrician -- a rarely available top-floor 1-bedroom, 1.5-bath condo offering sweeping ocean and pool views. This light-filled residence features soaring ceilings, brand-new renovations throughout, and impact-rated sliding glass doors that open to your private balcony overlooking the Atlantic. Inside, enjoy an open-concept layout, a stylish kitchen, and a spacious primary suite with tranquil water views. Your deeded, covered parking space is just steps from the entrance. This oceanfront building offers direct beach access, a heated seaside pool, fitness center, and on-site management -- all just minutes from world-class dining, shopping, and iconic Worth Avenue.

Property location

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3450 S Ocean Boulevard 812, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,008 sq ft
Flooring
Carpet
Appliances
Built In Oven, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
Cooling
Electric, Central Air
Heating
Central, Electric
Interior features
Built In Features, Bedroom On Main Level, Entrance Foyer, Living Dining Room, Main Level Primary, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1971
Stories
8
Architectural style
High Rise, Penthouse
Construction
Block
Exterior features
Balcony, Outdoor Grill
Pool
None, Association, Community
Waterfront
Seawall
View
Ocean, Pool

Parking

Garage spaces
0
Covered spaces
1
Parking features
Assigned, Covered, Deeded, Detached, Garage

HOA, Community & Financials

Association fee
$1,491 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Internet, Laundry, Parking, Pest Control, Recreation Facilities, Sewer, Security, Trash, Water
Amenities
Bike Storage, Cabana, Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Security, Storage, Trails, Trash, Elevators
Security
Closed Circuit Cameras, Door Man, Lobby Secured, Motion Detectors, Security Lights, Security System, Fire Sprinkler System, Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$4,390
Subdivision
The Patrician of Palm Beac
County
Palm Beach
Days on market
221
MLS listing ID
R11165220
Listing status
Active

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Estimated monthly cash flow

-$1,540

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.3%
Gross yield
8.0%
Mortgage payment
$2,190/mo
Down payment
$115,500
Loan amount
$346,500
Annual NOI
$7,802

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.