550 S Ocean Blvd Unit 508, Boca Raton, FL, 33432

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550 S Ocean Blvd Unit 508, Boca Raton$2,500,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAssigned, Covered, Garage - Building, Guest, Under Building

Garage1 space

Year Built1974

HeatingElectric, Heat Pump

CoolingCentral Air, Electric, Reverse Cycle

WaterfrontSand, Ocean Access, Ocean Front

ViewCity, Intracoastal, Marina, Ocean, Tennis Court

MLS #RX-10968834

StatusActive

About 550 S Ocean Blvd Unit 508

Luxury living in this southeast corner residence, boasting expansive terrace with mesmerizing views of the ocean and Lake Boca from every room. Elegantly renovated in 2022, this home shines with an open kitchen design, sleek porcelain flooring throughout, and contemporary bathrooms, all finished with exquisite attention to detail. The building enriches your living experience with private beach access, ocean-side pools, inviting hot tubs, outdoor barbecues, cutting-edge fitness centers, and two tennis courts, among a plethora of other amenities. Nestled just minutes away from the vibrant Mizner Park and Royal Palm Plaza, its location is unparalleled. A mere 35-minute drive connects you to either Palm Beach or Fort Lauderdale airports.

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Property Details

Property Features

Property Information:

• Architectural Style: 4+ Floors
• Year Built: 1974
• Stories: 23
• Living Area: 1,614 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: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Sand, Ocean Access, Ocean Front
• View: City, Intracoastal, Marina, Ocean, Tennis Court
• 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 Blvd Unit 508

Virtual Tour

Utilities

Utilities Information:

• Heating: Electric, Heat Pump
• Cooling: Central Air, Electric, Reverse Cycle

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: $2,500,000
• Price Per SqFt: $1,549/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.

Boca Raton, FL

City

Med. Sold Price

$601K

Med. Price/SqFt

$332

Avg. Days On Market

53

# of Sold Homes

312

550 S Ocean Blvd Unit 508 vs Boca Raton

43 DAYS ON ROCKET

-10 Days

$2,500,000

+$1.8M More

$1,549/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $1.2K/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-10968834

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, 10:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›550 S Ocean Blvd Unit 508

This home is located at 550 S Ocean Blvd Unit 508 in Boca Raton, FL and zip code 33432 in the Chalfonte neighborhood. This 1,614 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $2,500,000.

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. 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.