3605 S Ocean Boulevard

South Palm Beach, FL 33480

$195,000

$174/ft²

2Beds

2Baths

1,121Sq ft

1974Year built

CondoType

About this home

PRICE REDUCED Seller motivated — priced to sell! Welcome to Southgate, a desirable coastal condominium community directly on A1A with deeded beach access and resort-style amenities. This spacious 2-bedroom, 2-bathroom condo offers one of the best values on the Intracoastal, featuring generous square footage, serene views, and an unbeatable location near the beach, dining, shopping, and marina lifestyle. Inside, each bedroom offers its own en-suite bathroom, creating comfort and privacy for residents and guests. Tile flooring laid on the diagonal flows through the main living and dining areas, while the kitchen features granite countertops, light wood melamine cabinetry, under-cabinet lighting, a water filtration system, and a 2022 dishwasher. Additional updates include a 2019 electrical panel, 2018 A/C, and a Bosch washer and dryer conveniently located inside the unit. Enjoy peaceful views from the screened-in balcony overlooking Southgate's beloved Lazy River, tropical gardens, and fountain. Additional storage space is also included. Southgate residents enjoy a beautifully maintained coastal setting with lush gardens, a community pool, sauna, doorman, private deeded beach access, and more. The building has passed its 50-year recertification, and reserve funding is in place, offering added peace of mind. This is also an excellent investment opportunity for those looking to enjoy the best of Palm Beach coastal living with future rental flexibility. After one year of ownership, the unit may be rented with a 90-day minimum, making it ideal for seasonal rental income while still allowing the owner to enjoy the property during the off-season. Conveniently located near Plaza Del Mar with restaurants, boutique shops, Publix, Eau Resort & Spa, and waterfront dining, this condo is ideal for those seeking an active coastal lifestyle. Seller is offering a $2,000 credit at closing toward bedroom flooring subject to the terms, conditions, and strength of the offer. Bring all offers!

Features

Waterfront
Private pool

Property details

Listing

MLS #: B26042586
Status: For sale
Listed on: Jun 18, 2026
Days on market: 53 days
Listing data updated: Jul 23, 2026

Interior

Beds: 2
Baths: 2
Living area: 1,121 ft²
Price per ft²: $174/ft²
Unit: 229

Building & community

Type: Condo
Year built: 1974
HOA fee: $1,462/mo
County: Palm Beach

Lot & exterior

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): $986
Property taxes (est.): $179
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $1,462

Estimated total$2,860*/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?