4500 S Ocean Blvd Unit 511, South Palm Beach, FL, 33480

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

4500 S Ocean Blvd Unit 511, Lantana$240,000

Buyer Closing Credits

$2,850^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAssigned, Deeded, Guest, Vehicle Restrictions

Year Built1961

HeatingElectric

CoolingCentral Air, Ceiling Fan(s)

WaterfrontSand, Ocean Front, Seawall

MLS #RX-10969541

StatusActive

About 4500 S Ocean Blvd Unit 511

This charming Pied-a-Terre can be your much needed beach get away or charming year round home. Directly on the sand, Imperial House is a convenient walk to the adjacent park, numerous great restaurants, the pier, Plaza Del Mar Shopping Center with boutique shops and services (including a new Publix) and the elegant Forbes 5-Star Resort and Spa. Enjoy private beach/ocean access, a sparkling pool, rooftop sundeck with a 360 view, beautiful walk/bike routes and glorious balcony sunsets, while just 20 min to I-95, PBI Airport and points beyond. FL inspections are underway with multiple building investments already complete. New AC and impact entry door just installed. This is a very special home investment in a very special part of South Florida.

View More

Property Details

Property Features

Property Information:

• Architectural Style: 4+ Floors
• Year Built: 1961
• Stories: 6
• Living Area: 538 SqFt

Listing Office:

• Office Name: John P. O'Grady LLC
• Office Phone: (561) 272-2434
• Listing Agent: Jody Barrett

Interior Features

Interior Information:

• Appliances: Dishwasher, Disposal, Fire Alarm, Microwave, Electric Range, Refrigerator
• Flooring Type: Ceramic Tile
• Interior: Elevator

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 1

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Sand, Ocean Front, Seawall
• Exterior: Covered Balcony, Open Balcony

Parking Information:

• Attached Garage: No
• Parking: Assigned, Deeded, Guest, Vehicle Restrictions

Virtual/3D Tour

• Virtual Tour: 4500 S Ocean Blvd Unit 511

Virtual Tour

Utilities

Utilities Information:

• Heating: Electric
• Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

• Lake Worth High School, Public Magnet Grades 9-12
• Lantana Middle School, Public Magnet Grades 6-8
• Lantana Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: On A1A/S Ocean Blvd between Ocean Ave Manalapan and Lake Worth Beach bridges. Lantana exit off I-95

Price Information

Listing Price Info

Price Summary:

• List Price: $240,000
• Price Per SqFt: $446/SqFt

HOA Fees:

• Amount: $421
• Frequency: Monthly

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Lantana, FL.

Lantana, FL

City

Med. Sold Price

$385K

Med. Price/SqFt

$299

Avg. Days On Market

70

# of Sold Homes

17

4500 S Ocean Blvd Unit 511 vs Lantana

41 DAYS ON ROCKET

-29 Days

$240,000

-$145K Less

$446/SqFt

+$147 More

KEY TAKEAWAY

This property is $145K less than the Median Sold Price and $147/SqFt more than other homes in Lantana, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-10969541

Listing Office:

• Office Name: John P. O'Grady LLC
• Office Phone: (561) 272-2434
• Listing Agent: Jody Barrett

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,686

Per Month

Principal & Interest

$1,198

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$421

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Palm Beach County›Lantana›33480›4500 S Ocean Blvd Unit 511

This home is located at 4500 S Ocean Blvd Unit 511 in South Palm Beach, FL and zip code 33480. This 538 square foot home was built in 1961. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 17, 2024 and is currently priced at $240,000.

In March 2024 more than 2 listings in Lantana, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 14 were sold below. The inventory of homes for sale in Lantana, FL between February 2024 and March 2024 increased by 14%. While the average time on the market in March 2024 was 70 days, the median list price was $385,000.

From Rocket Homes Real Estate and based on county public records data.