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Sold for $1,750,000 on 05/01/24
  • $1,750,000

    550 S Ocean Boulevard #1201, Boca Raton, FL 33432

    2beds
    1,479sqft
    Condominium
    Built in 1974
    -- sqft lot
    $1,719,600 Zestimate®
    $1,183/sqft
    $7,205 Estimated rent

    Home value

    $1,719,600

    $1.53M - $1.93M

    $7,205/mo

    Zestimate® history
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    What's special

    Great opportunity to own a coveted corner unit at the Chalfonte, Boca Raton's prime beachfront high-rise. With panoramic views of the ocean and Lake Boca from every room, this beautiful high floor unit features an open floor plan and updated details all around. The oversized wraparound balcony, directly facing the ocean, is perfect for entertainment and relaxation. Adjacent to the renowned Boca Raton Beach Club and a short walk from Mizner Park with access to upscale shopping, dining, and nature parks. Resort-style amenities include modern fitness center, direct beach access, large swimming pool, hot tub, Japanese style gardens, BBQ grills, tennis/pickleball courts, and a 16-boat slip marina. Impact windows; 24/7 security with surveillance cameras. Enjoy true luxury coastal living.

    Zillow last checked: 8 hours ago

    Listing updated: May 21, 2024 at 01:33pm

    Listed by:

    Darinka Savovic 561-990-9591,

    United Realty Group Inc

    Bought with:

    Ana M Londono

    Lang Realty/BR

    Source: BeachesMLS,MLS#: RX-10894375MLS LogoOriginating MLS: Beaches MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: M
    • Area: 228
    • Dimensions: 19 x 12
    Primary bedroom
    • Level: M
    • Area: 228
    • Dimensions: 19 x 12
    Dining room
    • Level: M
    • Area: 168
    • Dimensions: 14 x 12
    Kitchen
    • Level: M
    • Area: 180
    • Dimensions: 20 x 9
    Living room
    • Level: M
    • Area: 399
    • Dimensions: 21 x 19
    Patio
    • Level: M
    • Area: 456
    • Dimensions: 38 x 12
    Heating
    • Central, Central Building, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer, Electric Water Heater
    • Laundry: Inside, Common Area, Washer/Dryer Hookup
    Features
    • Closet Cabinets, Entrance Foyer, Kitchen Island, Split Bedroom, Walk-In Closet(s), Wet Bar, Interior Hallway
    • Flooring: Tile
    • Windows: Blinds, Hurricane Windows, Impact Glass, Sliding, Shutters, Accordion Shutters (Partial), Storm Shutters, Impact Glass (Complete)
    • Common walls with other units/homes: Corner
    Interior area
    • Total structure area: 1,917
    • Total interior livable area: 1,479 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Covered, Guest, Under Building
    • Garage spaces: 1
    Features
    • Stories: 23
    • Patio & porch: Covered Patio
    • Exterior features: Covered Balcony
    • Pool features: Community
    • Spa features: Community
    • Has view: Yes
    • View description: City, Garden, Intracoastal, Ocean, Pool
    • Has water view: Yes
    • Water view: Intracoastal,Ocean
    • Waterfront features: Directly on Sand, Ocean Access, Ocean Front
    Lot
    • Features: East of US-1
    Details
    • Parcel number: 06434728080011201
    • Zoning: R5A(ci

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS, Concrete
    Condition
    • Resale
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected

    Community & neighborhood

    Security
    • Security features: Doorman, Lobby, Security Patrol, Closed Circuit Camera(s), Smoke Detector(s)
    Community
    • Community features: Basketball, Bike Storage, Billiards, Boating, Business Center, Community Room, Extra Storage, Fitness Center, Internet Included, Library, Pickleball, Putting Green, Tennis Court(s), Trash Chute
    Location
    • Region: Boca Raton
    • Subdivision: Chalfonte

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,419 monthly
    • Services included: Cable TV, Common Areas, Elevator, Insurance-Bldg, Legal/Accounting, Maintenance Structure, Manager, Pest Control, Reserve Funds, Roof Maintenance, Security, Sewer, Trash, Water
    Other fees
    • Application fee: $100

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/1/2024Sold$1,750,000-5.4%$1,183/sqft
    Source: BeachesMLS #RX-10894375 Report a problem
    3/15/2024Pending sale$1,850,000$1,251/sqft
    Source: BeachesMLS #RX-10894375 Report a problem
    2/27/2024Price change$1,850,000-9.8%$1,251/sqft
    Source: BeachesMLS #RX-10894375 Report a problem
    1/9/2024Price change$2,050,000-4.7%$1,386/sqft
    Source: BeachesMLS #RX-10894375 Report a problem
    8/9/2023Price change$2,150,000-2.3%$1,454/sqft
    Source: BeachesMLS #RX-10894375 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$20,307 +18%$1,078,110 +10%
    2023$17,215 +5.3%$980,100 +10%
    2022$16,352 +10%$891,000 +10%

    Find assessor info on the county website

    Neighborhood: 33432

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Boca Raton Elementary School
    • Middle: Boca Raton Community Middle School
    • High: Boca Raton Community High School

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $1,719,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,719,600