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-10894375
Originating 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
| Date | Event | Price |
|---|---|---|
| 5/1/2024 | Sold | $1,750,000-5.4%$1,183/sqft |
Source: | ||
| 3/15/2024 | Pending sale | $1,850,000$1,251/sqft |
Source: | ||
| 2/27/2024 | Price change | $1,850,000-9.8%$1,251/sqft |
Source: | ||
| 1/9/2024 | Price change | $2,050,000-4.7%$1,386/sqft |
Source: | ||
| 8/9/2023 | Price change | $2,150,000-2.3%$1,454/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 7/10Boca Raton Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 8/10Boca Raton Community Middle SchoolGrades: 6-8Distance: 2.8 mi
- 6/10Boca Raton Community High SchoolGrades: 9-12Distance: 3.1 mi
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



