1 month on rocket

550 S Ocean Blvd Unit 1001 1003, Boca Raton, FL, 33432

$4,400,000

4 Bedrooms
4 Full Baths
2,925 SqFt
$1,504/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
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

Virtual/3D Tour

  • Virtual Tour: 550 S Ocean Blvd Unit 1001 1003

Virtual Tour

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Boca Raton Community High School, Public Magnet Grades 9-12
  • Boca Raton Middle School, Public Magnet Grades 6-8
  • Boca Raton Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: A1A between Palmetto Park and Camino Real, on Ocean side

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,400,000
  • Price Per SqFt: $1,504/SqFt

HOA Fees:

  • Amount: $2838
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Boca Raton, FL.

Med. Sold Price

$601K

Med. Price/SqFt

$332

Avg. Days On Market

53

# of Sold Homes

312

550 S Ocean Blvd Unit 1001 1003 vs Boca Raton

37 DAYS ON ROCKET

-16 Days

$4,400,000

+$3.7M More

$1,504/SqFt

+$1.1K More

KEY TAKEAWAY

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

IDXAll 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

$24.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.2K

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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

school-card-donut-1685243
6
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 1.12 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1685244
6
/10
  • Boca Raton Middle School

  • 1251 NW 8th St

  • 2.77 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1685245
6
/10
  • Boca Raton Community High School

  • 1501 NW 15th Ct

  • 3.06 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

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 6/10
Boca Raton Middle School: GreatSchools Rating 6/10
Boca 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.
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Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›550 S Ocean Blvd Unit 1001 1003

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.

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