4001 S Ocean Boulevard

South Palm Beach, FL 33480

$157,000

$269/ft²

1Beds

1Baths

584Sq ft

1958Year built

Co-opType

About this home

Maximization of space is a defining characteristic of this thoughtfully designed waterfront 1/1 at Tropicana Gardens. The bright kitchen offers double or triple the counterspace of comparable units. The countertops are white quartz, with matching stone in the workspace setup. The backsplash is fresh & creates a harmonious contrast with the original wood cabinets from 1958, restored & beautifully maintained. The desk area is great for someone working from home or just using the computer. For someone valuing additional kitchen space, it could be used in that capacity as well. Enjoy an Intracoastal view from the balcony. There is impact glass throughout; wood flooring in the living area & bedroom; tile in the kitchen. Great natural light is complemented by recessed lighting, track lighting & the ceiling fan lights. An updated bathroom features an LED-framed mirror & modern vanity. The bedroom features a neat vanity with chair. All units come with a large, separate storage locker & 1 assigned parking spot. Tropicana Gardens is a well-maintained 55+ community with a heated pool on the Intracoastal. The building is past Milestone Inspections & fully reserved. It's a quiet community but also offers social events. There is an elevator, common laundry & bike storage. The location is a major part of the allure. There is ocean access across the street at Lantana Beach. Also, great proximity to: The Eau Resort; Dune Deck Café; Plaza del Mar Shopping Center with Publix & restaurants Thaikyo & Art Basil; Lantana Nature Preserve. The sidewalks are bustling with walkers, joggers, bikers & shoppers. This is island living!

Features

Waterfront
Private pool
55+ community

Property details

Listing

MLS #: B26027819
Status: For sale
Listed on: May 12, 2026
Days on market: 90 days
Listing data updated: Jun 26, 2026

Interior

Beds: 1
Baths: 1
Living area: 584 ft²
Price per ft²: $269/ft²
Unit: 218

Building & community

Type: Co-op
Year built: 1958
HOA fee: $835/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): $794
Property taxes (est.): $144
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $835

Estimated total$2,006*/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?