Atlantic Luxury AdvisorsKeller Williams Realty Services

15 photos

4201 Ocean #K3

South Palm Beach, FL 33480

$312,000
2
2
1,100 sq ft
1973
Condominium
$700/mo
346
Active

Listing courtesy of Beycome of Florida LLC. Contact: [email protected].

About this home

Corner unit, second floor, one of the larger units at the 4201 Palm Beach Villas building in South Palm Beach. A 2/2 with a large outdoor balcony and lots of natural light throughout the unit. The AC unit and all ductwork were replaced in 2023, and the unit's attic was insulated and weatherized for efficiency. Granite countertop in the kitchen. Walk-in closet in the master bedroom. Just steps to the beautiful Lantana Beach and the Eau Palm Resort. A great central South Florida location, just minutes from downtown West Palm Beach and minutes to Altantic Ave in Delray. New pool, roof, and stucco all done in recent years. Two-story condos are exempt from the new mandatory structural inspections and reserve studies required for buildings three stories or taller, making this unit a great investment. Features on-demand tankless water heater and new appliances. Other upgrades and repairs have been recently made. In great condition, with some minor remodeling, make it your own. Safe area with the police department just a few doors down on A1A.

What it costs to own
Estimated monthly payment
$2,865/mo
Principal and interest
$1,578
Property tax
$395
Homeowners insurance
$192
HOA
$700

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$4,741/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$700/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

Palm Beach Villas was built in 1973, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.