Home » Boca Raton » 550 S Ocean Boulevard 508, Boca Raton, FL 33432 | R10968834/RX-10968834

550 S Ocean Boulevard 508, Boca Raton, FL 33432 | Sold

$2,500,000
closed for a price of $2,125,000

Property Highlights

Listing ID R10968834/RX-10968834 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,614 Sqft/149.95 m2 approx. Building Area 1,878 Sqft/174.47 m2 approx. COMMUNITY POOL Year Built 1974 Waterfront Has view of the Ocean Time of this property from published date until Closing Date 110 Days
58 Photos of this Property

550 S Ocean Boulevard 508, Boca Raton, FL 33432

Property Description: 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.

Useful Info

Contingency:Financing
Original List Price:$2,500,000
Close Price:$2,125,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
Property Condition:
  • Resale
Levels:Three Or More
Entry Level (floor):5
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Number of stories:23
Number of Units in the Community or Building:378

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Ocean
  • Water
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
  • No Fixed Bridges
Swimming Pool Features:
  • Community
  • None
  • Association
Spa Features:
  • Community
Security:
  • Door Man
  • Security Guard
  • Closed Circuit Camera(s)
Furnished:
  • Negotiable
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
  • Washer/dryer
Interior Features:
  • Dining Area
  • Separate/formal Dining Room
  • Split Bedrooms
  • Walk-in Closet(s)
  • Entrance Foyer
  • Tub Shower
Exterior Features:
  • Patio
Patio and Porch Features:
  • Patio
Window Features:
  • Blinds
  • Impact Glass
  • Casement Window(s)
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
  • Reverse Cycle
Heating:Yes
Heating System:
  • Central
  • Electric
  • Heat Pump

Taxes and Expenses

Tax Annual Amount:$31,009

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$1,569
Association Fee Frequency:
  • Monthly

Terms

Disclosures:
  • Foreign Seller
  • Seller Disclosure
Listing Terms Considered by Seller:
  • Cash
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Library
  • Pool
  • Spa/hot Tub
  • Billiard Room
  • Bike Storage
  • Clubhouse
  • Laundry
  • Management
  • Storage
  • Pickleball
  • Elevator(s)
  • Fitness Center
  • Tennis Court(s)
  • Putting Green(s)
Subdivision Name:CHALFONTE CONDO
Community Features:
  • Non-gated
  • Park
  • Pool
  • Property Manager On-site
  • Tennis Court(s)
  • Internet Access
  • Pickleball
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Water
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Insurance
  • Parking
  • Reserve Fund
  • Internet
Complex Name:CHALFONTE CONDO
Senior Community:No
Development Name:CHALFONTE
Restrictions: Association Approval Required, No Corporate Buyer

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • Garage
  • Covered
  • Assigned
  • Guest

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
  • Electricity Available
  • Sewer Available
  • Water Available
Water Source:
  • Public

More Details

Other Information:
Housing Older Persons Act: No HOPA
Data exchange original Listing Number: RX-10968834
Type of Governing Bodies: Condominium

Zoning and Legal

Tax Legal Description:CHALFONTE COND APT 508 BLDG SOUTH-
Real Estate Folio Number (Parcel Number):06434728080010508
Zoning Description:R5A(ci

Listing History

Update/EventDate/Days
Published Date:March 14, 2024 9:39 pm
On Market Date:March 14, 2024
Listing Contract Date:March 14, 2024
Contingent Date:May 16, 2024
Close Date:July 2, 2024
Last Important Update Description:Closed
Date and Time of Last Important Update:July 9, 2024 11:18 am
Status Last Changed:July 9, 2024 12:00 am
Photos Last Modified:March 15, 2024 3:14 am
Last Modified:July 9, 2024 4:32 pm
Days on the Market Reference Date:July 9, 2024
Days on the Market (updated on Last Modified*):58
Cumulative Days on the Market (updated on Last Modified**):58

Additional Information

Lot Size Range:,
Unit Location:5
Number of Photos Count:58
Geographical Area:Palm Beach 4150; 4160; 4170
Area:4160
Ref ID:1063379856
Automated Valuation Display:Yes
Courtesy of:Lang Realty/BR
Universal Property Id:US-12099-N-06434728080010508-R-N

Location

Show Property Address:Yes
Street Name:Ocean Boulevard
Street Number:550
Street Direction Prefix:S
Street Address:550 S Ocean Boulevard 508
Unit Number:508
City : Boca Raton
State : Florida
Zip Code : 33432
County : Palm Beach County
Full Address:550 S Ocean Boulevard 508, Boca Raton, FL 33432
Latitude:N26° 20' 39.4''
Longitude:W81° 55' 45.1''

Neighborhood

Postal City:Boca Raton

Property Map

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