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Sold for $2,125,000
  • $2,125,000

    550 S Ocean Boulevard #508, Boca Raton, FL 33432

    2beds
    1,614sqft
    Condominium
    Built in 1974
    -- sqft lot
    $2,059,600 Zestimate®
    $1,317/sqft
    $7,742 Estimated rent

    Home value

    $2,059,600

    $1.83M - $2.31M

    $7,742/mo

    Zestimate® history
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    What's special

    Luxury living in this southeast corner residence, boasting expansive terrace with mesmerizing views of the ocean and Lake Boca from every room. Elegantly renovated in 2022, this home shines with an open kitchen design, sleek porcelain flooring throughout, and contemporary bathrooms, all finished with exquisite attention to detail. The building enriches your living experience with private beach access, ocean-side pools, inviting hot tubs, outdoor barbecues, cutting-edge fitness centers, and two tennis courts, among a plethora of other amenities. Nestled just minutes away from the vibrant Mizner Park and Royal Palm Plaza, its location is unparalleled. A mere 35-minute drive connects you to either Palm Beach or Fort Lauderdale airports.

    Zillow last checked: 8 hours ago

    Listing updated: July 09, 2024 at 04:18am

    Listed by:

    Ana M Londono 561-843-1171,

    Lang Realty/BR

    Bought with:

    Ana M Londono

    Lang Realty/BR

    Source: BeachesMLS,MLS#: RX-10968834MLS LogoOriginating MLS: Beaches MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: 1
    • Area: 228
    • Dimensions: 19 x 12
    Bedroom 2
    • Area: 192
    • Dimensions: 16 x 12
    Dining room
    • Area: 168
    • Dimensions: 14 x 12
    Kitchen
    • Level: 1
    • Area: 144
    • Dimensions: 16 x 9
    Living room
    • Level: 1
    • Area: 390
    • Dimensions: 26 x 15
    Patio
    • Level: 1
    • Area: 324
    • Dimensions: 27 x 12
    Heating
    • Central Individual, Electric, Heat Pump-Reverse
    Cooling
    • Central Individual, Electric, Reverse Cycle
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
    • Laundry: Common Area
    Features
    • Entrance Foyer, Split Bedroom, Walk-In Closet(s), Interior Hallway
    • Flooring: Ceramic Tile
    • Windows: Blinds, Casement, Hurricane Windows, Impact Glass, Shutters, Accordion Shutters (Partial), Impact Glass (Complete)
    • Common walls with other units/homes: Corner
    Interior area
    • Total structure area: 1,878
    • Total interior livable area: 1,614 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Covered, Garage - Building, Guest, Under Building, Commercial Vehicles Prohibited
    • Garage spaces: 1
    Features
    • Levels: 4+ Floors
    • Stories: 23
    • Patio & porch: Covered Patio
    • Pool features: Community
    • Spa features: Community
    • Has view: Yes
    • View description: City, Intracoastal, Marina, Ocean, Tennis
    • Has water view: Yes
    • Water view: Intracoastal,Marina,Ocean
    • Waterfront features: Directly on Sand, No Fixed Bridges, Ocean Access, Ocean Front
    Details
    • Parcel number: 06434728080010508
    • Zoning: R5A(ci

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS
    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, Private Guard, Security Patrol, Closed Circuit Camera(s)
    Community
    • Community features: Bike Storage, Billiards, Business Center, Community Room, Elevator, Extra Storage, Fitness Center, Internet Included, Library, Manager on Site, Pickleball, Picnic Area, Putting Green, Tennis Court(s), Common Dock
    Location
    • Region: Boca Raton
    • Subdivision: Chalfonte Condo

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,569 monthly
    • Services included: Cable TV, Common Areas, Elevator, Insurance-Bldg, Maintenance Grounds, Maintenance Structure, Manager, Master Antenna/TV, Parking, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Security, Trash, Water
    Other fees
    • Application fee: $100

    Other

    Other facts
    • Listing terms: Cash

    Price history

    DateEventPrice
    7/2/2024Sold$2,125,000-15%$1,317/sqft
    Source: BeachesMLS #RX-10968834 Report a problem
    5/24/2024Pending sale$2,500,000$1,549/sqft
    Source: BeachesMLS #RX-10968834 Report a problem
    3/15/2024Listed for sale$2,500,000+25%$1,549/sqft
    Source: BeachesMLS #RX-10968834 Report a problem
    7/29/2022Sold$2,000,000+145.4%$1,239/sqft
    Source: Public Record Report a problem
    12/29/2020Sold$815,000$505/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$28,520 -8%$1,661,000 -7.3%
    2023$31,009 +81.1%$1,792,035 +110.2%
    2022$17,120 +20.3%$852,500 +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$2,059,600
    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
    $2,059,600