3546 S Ocean Blvd Apt 918 Apt 918
8.5 · Low
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3546 S Ocean Blvd Apt 918 Apt 918

South Palm Beach · Palm Beach County · FL 33480

condo days on market

Property Details

List Price$775,000
Bedrooms2
Bathrooms2
Living Area1,402 sqft
Lot Size
Year Built1974
Listed2026-05-03

Investment Estimate

Est. Monthly Rent$6,588/mo
Est. Cap Rate10.20%
Gross Rent Multiplier9.8

Description

Experience elevated coastal living in this stunning penthouse residence at 3545 S Ocean Blvd, offering 1,402 square feet with 2 bedrooms and 2 baths, highlighted by a huge private balcony with breathtaking panoramic views of both the Atlantic Ocean and the Intracoastal Waterway, enhanced by brand new sliding impact doors that flood the space with natural light while providing peace of mind. Located within The Barclay South Palm Beach, a well-maintained oceanfront community, residents enjoy a full-service lifestyle with 24-hour concierge, secure entry, multiple elevators, and on-site management, along with resort-style amenities including a large heated oceanfront saltwater pool with cabana and BBQ area, tennis and pickleball courts, fully equipped fitness center, male and female saunas, card room, business center, bike storage, lounge/library, expansive event space, and game room with billiards and ping pong. The garage features two EV charging stations and a complimentary car rinse, while the building maintains strong reserves and has completed required engineering and milestone inspections. Ideally situated in South Palm Beach with convenient access to walking paths, nature preserves, shopping, dining, I-95, and Palm Beach International Airport, this penthouse presents a rare opportunity to own a top-floor waterfront retreat with exceptional views and an unbeatable location.

Source: realtor.com · ID: palm-beach-realtor-6219819958 · Last seen: 5/3/2026

Score Breakdown

Composite score:8.5/ 100

Each factor is normalized 0–100 within its county (percentile rank). Contributions show how many points each factor added to the composite score.

Cap Rate(weight 35%)
22.0contributes +7.7 pts

Estimated annual rent yield relative to list price, normalized within county.

Population Growth(weight 20%)
4.0contributes +0.8 pts

Zip-level YoY population growth from Census ACS estimates.

Employment Growth(weight 15%)
50.0contributes +7.5 pts

Metro-level employment and wage growth from BLS QCEW data.

Price Trend(weight 15%)
0.0contributes +0.0 pts

Zip-level YoY median sale price change from Redfin Data Center.

Flood Penalty(weight 15%)
50.0contributes -7.5 pts

FEMA NFHL flood zone severity. Lower is better (0 = no risk, 100 = high risk).

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