9 months on rocket

550 S Ocean Blvd Unit 1603, Boca Raton, FL, 33432

$1,650,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,446 SqFt
$1,141/SqFt
Condo
Schools Nearby

Location

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550 S Ocean Blvd Unit 1603, Boca Raton$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Guest, Under Building
Garage1 space
Year Built1974
HeatingElectric
CoolingCentral Air, Electric
WaterfrontSand, Ocean Front
ViewCity, Intracoastal, Ocean, Pool
MLS #RX-10903307
StatusActive

About 550 S Ocean Blvd Unit 1603

STUNNINGLY REMODELED RESIDENCE WITH AN OPEN FLOORPLAN AND BREATHTAKING VIEWS OF THE OCEAN, CITY AND LAKE BOCA RATON. RENOVATED WITH THE FINEST OF MATERIALS. LIVING AREA AND CHEF'S KITCHEN ARE GREAT FOR ENTERTAINING. SPLIT BEDROOM FLOORPLAN WITH EN-SUITE BATHROOMS AND TREMENDOUS STORAGE. MAJESTIC SUNRISE VIEWS FROM THE MASTER SUITE. LUXE MASTER BATH HAS SEPARATE SHOWER AND SOAKING TUB. THIS RESIDENCE ALSO FEATURES IMPACT GLASS DOORS LEADING TO A HUGE OCEANFRONT TERRACE, IDEAL FOR DINING AL FRESCO WHILE LOOKING AT THE SURF. NEW CONTEMPORARY LOBBY, CLUB ROOM, FITNESS CENTER, OCEANFRONT POOL & HOT TUB. DIRECT ACCESS TO MILES OF SANDY BEACHES. GARAGE PARKING AND AMAZING EXTRA COVERED PARKING. TENNIS COURTS, DOORMAN AND EXCELLENT MANAGEMENT. HAVE IT ALL ON THE OCEAN ON BOCA RATON'S GOLDEN MILE!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1974
  • Stories: 23
  • Living Area: 1,446 SqFt

Listing Office:

  • Office Name: Premier Estate Properties Inc
  • Office Phone: (561) 394-7700
  • Listing Agent: Scot A Karp

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer, Electric Water Heater
  • Flooring Type: Tile
  • Interior: Closet Cabinets, Foyer, Split Bedroom, Walk-in Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Sand, Ocean Front
  • View: City, Intracoastal, Ocean, Pool
  • Exterior: Covered Balcony, Shutters

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Covered, Guest, Under Building

Virtual/3D Tour

  • 3D Tour: 550 S Ocean Blvd Unit 1603

3D Tour

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Electric

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 SOUTH OF PALMETTO PARK ROAD ON THE OCEAN

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,650,000
  • Price Per SqFt: $1,141/SqFt

HOA Fees:

  • Amount: $1419
  • 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 1603 vs Boca Raton

295 DAYS ON ROCKET

+242 Days

$1,650,000

+$1.0M More

$1,141/SqFt

+$808 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $808/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-10903307

Listing Office:

  • Office Name: Premier Estate Properties Inc
  • Office Phone: (561) 394-7700
  • Listing Agent: Scot A Karp

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: 5/1/2024, 7:25:16 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

$9,722

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

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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-4354892
6
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 1.12 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4354893
6
/10
  • Boca Raton Middle School

  • 1251 NW 8th St

  • 2.77 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4354894
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. Typical income of Boca Raton, FL residents is $200k+ annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 S Ocean Blvd Unit 1603

What is the listing price of this property?

The listing price of 550 S Ocean Blvd Unit 1603 property is $1,650,000.

What type of property is this?

The property 550 S Ocean Blvd Unit 1603 is a condo located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 550 S Ocean Blvd Unit 1603 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 1603 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 1603 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 550 S Ocean Blvd Unit 1603 is 1,446 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 S Ocean Blvd Unit 1603 is 1974.

Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›550 S Ocean Blvd Unit 1603

This home is located at 550 S Ocean Blvd Unit 1603 in Boca Raton, FL and zip code 33432 in the Chalfonte neighborhood. This 1,446 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 11, 2023 and is currently priced at $1,650,000.

In March 2024 more than 22 listings in Boca Raton, FL were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 257 were sold below. The inventory of homes for sale in Boca Raton, FL between February 2024 and March 2024 increased by 7.4%. In March 2024 median list price was $601,056 and the average listing age was 53 days.

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

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