3500 S Ocean Boulevard

South Palm Beach, FL 33480

$179,900

$232/ft²

1Beds

1Baths

775Sq ft

1962Year built

Co-opType

About this home

Enjoy the South Florida coastal lifestyle at 3500 S. Ocean Blvd., Unit 405! Located in a desirable 55+ oceanfront cooperative community in South Palm Beach, this 1-bedroom, 1-bath residence offers a wonderful opportunity to make it your own. The true standout feature is its exceptional location—step outside your front door to breathtaking ocean views, with deeded beach access just steps from your residence. The spacious balcony is the perfect place to relax, enjoy the coastal breezes, and unwind after a day at the beach. Whether you're looking for a seasonal escape or year-round living, this home offers the Florida lifestyle you've been dreaming of. As a cooperative (co-op), ownership includes shares in the corporation that owns the building along with the exclusive right to occupy. Many buyers appreciate the sense of community, well-maintained grounds, and simplified ownership that co-op living can provide. The building has successfully completed and passed all required restoration projects, providing added peace of mind. Conveniently located near Palm Beach, waterfront dining, shopping, golf, and local attractions. With a little updating, this residence offers an excellent opportunity to personalize your own oceanfront retreat in one of South Palm Beach's most desirable coastal communities. This version reads naturally for the MLS, highlights the biggest selling point (ocean views and beach access), honestly acknowledges the opportunity for updating, and explains the co-op structure in a positive, buyer-friendly way.

Features

Waterfront
Private pool
55+ community

Property details

Listing

MLS #: B26058825
Status: For sale
Listed on: Jul 29, 2026
Days on market: 12 days
Listing data updated: Aug 1, 2026

Interior

Beds: 1
Baths: 1
Living area: 775 ft²
Price per ft²: $232/ft²
Unit: 405

Building & community

Type: Co-op
Year built: 1962
HOA fee: $990/mo
County: Palm Beach

Lot & exterior

Lot size: 92,727 ft²
Waterfront: Yes
Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $910
Property taxes (est.): $165
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $990

Estimated total$2,298*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?