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-10968834
Originating 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
| Date | Event | Price |
|---|---|---|
| 7/2/2024 | Sold | $2,125,000-15%$1,317/sqft |
Source: | ||
| 5/24/2024 | Pending sale | $2,500,000$1,549/sqft |
Source: | ||
| 3/15/2024 | Listed for sale | $2,500,000+25%$1,549/sqft |
Source: | ||
| 7/29/2022 | Sold | $2,000,000+145.4%$1,239/sqft |
Source: Public Record Report a problem | ||
| 12/29/2020 | Sold | $815,000$505/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
- 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: 3.2 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$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



