1 month on rocket

550 S Ocean Boulevard 508 & 509, Boca Raton, FL, 33432

$3,825,000

4 Bedrooms
4 Full Baths
2,965 SqFt
$1,290/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Garage - Building, Guest, Under Building
Garage1 space
Year Built1974
HeatingElectric, Heat Pump
CoolingCentral Air, Electric
WaterfrontSand, Ocean Front
ViewCity, Intracoastal, Marina, Ocean
MLS #RX-10969261
StatusActive

About 550 S Ocean Boulevard 508 & 509

A remarkable opportunity to own a 4-bedroom, 4-bathroom oceanfront residence, featuring bright and sunny exposures to the south, east, and west. Dual unit totaling 3,374 sq ft, offering views of the ocean, Lake Boca and breathtaking sunrises and sunsets. Unique chance to create the beach home of your dreams. Unit 508 has been fully renovated in 2022, boasting an open kitchen design, sleek porcelain flooring, and luxurious bathrooms. Meanwhile, Unit 509 can be customized at your liking. Chalfonte residents enjoy 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. Located just minutes away from the vibrant Mizner Park and Royal Palm Plaza, the location is unparalleled.

Property Details

Property Features

Property Information:

  • Architectural Style: 4+ Floors
  • Year Built: 1974
  • Stories: 23
  • Living Area: 2,965 SqFt

Listing Office:

  • Office Name: Lang Realty/BR
  • Office Phone: (561) 447-0666
  • Listing Agent: Ana M Londono

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

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

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 550 S Ocean Boulevard 508 & 509

Virtual Tour

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • 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 between Palmetto Park and Camino Real on Ocean side

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,825,000
  • Price Per SqFt: $1,290/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 Boulevard 508 & 509 vs Boca Raton

42 DAYS ON ROCKET

-11 Days

$3,825,000

+$3.2M More

$1,290/SqFt

+$957 More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price and $957/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-10969261

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: 4/28/2024, 12:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$21.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.5K

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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-1780348
6
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 1.12 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1780349
6
/10
  • Boca Raton Middle School

  • 1251 NW 8th St

  • 2.77 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1780350
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+. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 S Ocean Boulevard 508 & 509

What is the listing price of this property?

The listing price of 550 S Ocean Boulevard 508 & 509 property is $3,825,000.

What type of property is this?

The property 550 S Ocean Boulevard 508 & 509 is a condo located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 550 S Ocean Boulevard 508 & 509 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 Boulevard 508 & 509 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 Boulevard 508 & 509 has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 550 S Ocean Boulevard 508 & 509 is 2,965 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 S Ocean Boulevard 508 & 509 is 1974.
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Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›550 S Ocean Boulevard 508 & 509

This home is located at 550 S Ocean Boulevard 508 & 509 in Boca Raton, FL and zip code 33432 in the Chalfonte neighborhood. This 2,965 square foot home was built in 1974. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $3,825,000.

Over 22 listings were sold over their listed price in March 2024 in Boca Raton, FL. In the same period over 257 listings were sold below the listed price and 33 listings were sold for the listed price. The number of homes for sale in Boca Raton, FL increased by 7.4% between February 2024 and March 2024. In March 2024, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $601,056.

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

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