Parking2+ Spaces, Assigned, Covered, Garage - Building, Guest, Under Building
Garage2 spaces
Year Built1974
CoolingCentral Air
WaterfrontOcean Front
ViewIntracoastal, Lake, Ocean
MLS #RX-10970823
StatusActive
About 550 S Ocean Blvd Unit 1001 1003
Unique opportunity to own a coastal heaven with this dual-unit offering. Boasting stunning views of the ocean, Lake Boca and the city. These adjacent units, totaling 3,605 sqft, offer a rare chance to create your dream home. Unit 1001 is being fully renovated, featuring an open layout and high-end finishes. The second unit (1003) can be combined and renovated at your liking. Two oversized terraces, ideal for relaxation or socializing. Chalfonte residents have exclusive access to two oceanfront pools and hot tubs, 24-hour attended lobby, state-of-the-art fitness center, social rooms, two tennis courts, a ping pong room, and barbecue facilities. Nestled just minutes away from the vibrant Mizner Park and Royal Palm Plaza, its location is unparalleled.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1974
Stories: 23
Living Area: 2,925 SqFt
Listing Office:
Office Name: Lang Realty/BR
Office Phone: (561) 447-0666
Listing Agent: Ana M Londono
Interior Features
Interior Information:
Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Oven, Washer, Electric Water Heater
Flooring Type: Tile
Interior: Walk-in Closet
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Ocean Front
View: Intracoastal, Lake, Ocean
Exterior: Covered Balcony
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: 2+ Spaces, Assigned, Covered, Garage - Building, Guest, Under Building
This property is $3.7M more than the Median Sold Price and $1.1K/SqFt more than other homes in Boca Raton, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-10970823
Listing Office:
Office Name: Lang Realty/BR
Office Phone: (561) 447-0666
Listing Agent: Ana M Londono
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: 4/27/2024, 11:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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.
$24.8K
Per Month
Principal & Interest
$21.9K
Home PriceThe dollar amount you pay for the home.
$
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 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.
$%
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.
Property Taxes
$0
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
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
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)
$2,838
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
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
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$13.2K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Boca Raton Elementary School
103 SW 1st Ave
Distance between this listing and this school1.12 miles
Public Magnet Grades KG-5
Middle School
6
/10
Boca Raton Middle School
1251 NW 8th St
Distance between this listing and this school2.77 miles
Public Magnet Grades 6-8
High School
6
/10
Boca Raton Community High School
1501 NW 15th Ct
Distance between this listing and this school3.06 miles
Public Magnet Grades 9-12
Assigned Schools
6
/10
Boca Raton Elementary School
103 SW 1st Ave
Distance between this listing and this school1.12 miles
Public Magnet Grades KG-5
Nearby Schools
9
/10
Somerset Academy Boca East
333 SW 4th Ave
Distance between this listing and this school1.42 miles
Public Charter Grades KG-5
4
/10
Deerfield Beach Elementary School
650 NE 1st St
Distance between this listing and this school2.23 miles
Public District Grades PK-5
Assigned Schools
6
/10
Boca Raton Middle School
1251 NW 8th St
Distance between this listing and this school2.77 miles
Public Magnet Grades 6-8
Nearby Schools
9
/10
Somerset Academy Boca Middle School
333 SW 4th Ave
Distance between this listing and this school1.42 miles
Public Charter Grades 6-8
3
/10
Deerfield Beach Middle School
701 SE 6th Ave
Distance between this listing and this school2.83 miles
Public Magnet Grades 6-8
Assigned Schools
6
/10
Boca Raton Community High School
1501 NW 15th Ct
Distance between this listing and this school3.06 miles
Public Magnet Grades 9-12
Nearby Schools
10
/10
A.D. Henderson University School & Fau High School
777 Glades Rd Bldg 26
Distance between this listing and this school2.78 miles
Public District Grades KG-12
3
/10
Deerfield Beach High School
910 SW 15th St
Distance between this listing and this school4.42 miles
The neighbors living near this home have an average income of $122,500. Most Boca Raton, FL residents have annual incomes $200k+. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 550 S Ocean Blvd Unit 1001 1003
What is the listing price of this property?
The listing price of 550 S Ocean Blvd Unit 1001 1003 property is $4,400,000.
What type of property is this?
The property 550 S Ocean Blvd Unit 1001 1003 is a condo located in Boca Raton, Florida, 33432.
Is this property for sale now?
Active Listing: 550 S Ocean Blvd Unit 1001 1003 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 550 S Ocean Blvd Unit 1001 1003 are: Boca Raton Elementary School: GreatSchools Rating 6/10Boca Raton Middle School: GreatSchools Rating 6/10Boca Raton Community High School: GreatSchools Rating 6/10
How many bedrooms and bathrooms does this property have?
The property at 550 S Ocean Blvd Unit 1001 1003 has 4 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 550 S Ocean Blvd Unit 1001 1003 is 2,925 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 550 S Ocean Blvd Unit 1001 1003 is 1974.
Interested in 550 S Ocean Blvd Unit 1001 1003? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 550 S Ocean Blvd Unit 1001 1003 in Boca Raton, FL and zip code 33432 in the Chalfonte neighborhood. This 2,925 square foot home was built in 1974. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $4,400,000.
In March 2024, from all listings sold in Boca Raton, FL there were more than 22 sold above asking price, over 257 sold below and more than 33 were sold right at the asked price. The number of listings in Boca Raton, FL increased by 7.4% between February 2024 and March 2024. While the average time on the market in March 2024 was 53 days, the median list price was $601,056.
From Rocket Homes Real Estate and based on county public records data.