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Built in 2008 - 242 units - 26 floors

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Building Information

2700 North Ocean (Ritz Carlton Residences)

Number of units: 242
Active listings for rent: 5
Active listings for sale: 6
Building inventory for sale: 2%
Number of sales over the last 12 months: 8
Number of sales over the last 6 months: 4
Number of sales over the last 3 months: 2
Avg. time to close over last 12 months: 101 days

Address

2700 N Ocean Dr, Singer Island, Palm Beach, FL, 33404

The Ritz-Carlton Residences
2700 North Ocean Drive, Singer Island-Riviera Beach, Fl 33404
561-259-2700

Link: http://www.theresidencespalmbeach.com/

Recent Sales

Unit # Size Closing Date Sale Price PPSF
805b 2,115 sq ft Jan 2025 $2,000,000 $946
1702a 3,950 sq ft Dec 2024 $4,650,000 $1,177
1901a 3,605 sq ft Sep 2024 $4,300,000 $1,193
2303b 2,855 sq ft Jul 2024 $2,575,000 $902
2006B 1,725 sq ft Jun 2024 $1,620,000 $939
605b 2,510 sq ft Jun 2024 $1,925,000 $767
2205b 2,115 sq ft Jun 2024 $2,295,000 $1,085

Market Information

Building vs Area

2700 North Ocean (Ritz Carlton Residences): $1056/sq. ft.
Singer Island: $639/sq. ft.

Area vs City

Singer Island $639/sq. ft.
Palm Beach $464/sq. ft.

Inventory for sale

Singer Island: 6%
Palm Beach: 4%

Avg. time to close over last 12 months

2700 North Ocean (Ritz Carlton Residences) 101 days
Singer Island: 92 days
Palm Beach: 62 days