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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: 4
Building inventory for sale: 1%
Number of sales over the last 12 months: 9
Number of sales over the last 6 months: 5
Number of sales over the last 3 months: 0
Avg. time to close over last 12 months: 81 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
1604b 1,920 sq ft Jan 2024 $2,455,000 $1,279
1405b 2,510 sq ft Nov 2023 $2,400,000 $956
1103b 2,335 sq ft Nov 2023 $2,599,000 $1,113
1804a 3,605 sq ft Nov 2023 $3,900,000 $1,082
1004A 3,605 sq ft Oct 2023 $3,975,000 $1,103

Market Information

Building vs Area

2700 North Ocean (Ritz Carlton Residences): $987/sq. ft.
Singer Island: $648/sq. ft.

Area vs City

Singer Island $648/sq. ft.
Palm Beach $454/sq. ft.

Inventory for sale

Singer Island: 4%
Palm Beach: 3%

Avg. time to close over last 12 months

2700 North Ocean (Ritz Carlton Residences) 81 days
Singer Island: 78 days
Palm Beach: 55 days