4001 S Ocean Boulevard

South Palm Beach, FL 33480

$94,000

$251/ft²

0Beds

1Baths

375Sq ft

1958Year built

Co-opType

About this home

Discover your slice of paradise on South Palm Beach Island! Priced at just $94,000, this charming studio offers 375 sq ft of cozy living space, perfect for a personal retreat or investment opportunity. With serene views and unbeatable location, it's the ideal escape. Fabulously located between the Atlantic Ocean and the Intracoastal, enjoy a short walk or bike ride to Lantana Beach, Publix, the Eau Resort & Spa, and Plaza del Mar shopping. Residents enjoy a boutique active lifestyle that includes a secure lobby with dedicated bike storage, and a dedicated area featuring picnic tables and BBQ grills, perfect for waterfront social gatherings. Relax by the renovated, heated pool directly on the Intracoastal or take advantage of private beach access across the street. Land is included. - Ground floor unit. - Active Lifestyle: Community Lobby, Social Gathering Room, Secure bike storage to facilitate a healthy, car-optional island lifestyle. - Outdoor Amenities: Waterfront social deck with picnic tables, BBQ grills, and a heated pool sitting directly on the Intracoastal. - Prime Location: "On the Island" in South Palm Beach, walking distance to the new Publix and local favorites like the Ice Cream Club. - Parking: Assigned parking space conveniently located just steps from the unit's private patio entrance. - Storage: Extra storage locker included. - Strict Community Standards: This is a quiet, well-managed, owner-occupied building with a no-pet and no-leasing policy. Note: Cash only per co-op rules; no pets, no leasing, and mandatory board interview/background check required.

Features

Waterfront
Private pool
55+ community

Property details

Listing

MLS #: B26013709
Status: For sale
Listed on: Apr 9, 2026
Days on market: 123 days
Listing data updated: Aug 5, 2026

Interior

Beds: 0
Baths: 1
Living area: 375 ft²
Price per ft²: $251/ft²
Unit: 122

Building & community

Type: Co-op
Year built: 1958
HOA fee: $768/mo
County: Palm Beach

Lot & exterior

Lot size: 73,316 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): $475
Property taxes (est.): $86
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $768

Estimated total$1,562*/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?