22 days on rocket

Backup Offers

50 SE Olive Way, Boca Raton, FL, 33432

$1,600,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,720 SqFt
$930/SqFt
House

Location

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50 SE Olive Way, Boca Raton$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1980
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNone
Private PoolYes
MLS #RX-11030719
StatusAccepting Backup Offers
(Active Under Contract)

About 50 SE Olive Way

Prime location in the highly sought-after East Boca Raton Beach community, surrounded by luxury estates! This 2-bedroom, 2-bath home is a fantastic opportunity for a new owner to customize and make it their own. With so much potential, you can own a piece of paradise in one of the most desirable areas. Just a short walk to the beach, shopping, Mizner Park, golf courses, Boca Beach Club, Red Reef Park, Royal Palm Place, and a variety of restaurants. Enjoy the relaxing pool and the spacious sunroom, a wonderful addition to this open-concept home!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 1
  • Living Area: 1,720 SqFt

Listing Office:

  • Office Name: Century 21 Stein Posner
  • Office Phone: (561) 756-9945
  • Listing Agent: Ewa Prussin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Bar, French Door, Walk-in Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None

Parking Information:

  • Garage Space: 2 spaces

Virtual/3D Tour

  • Virtual Tour: 50 SE Olive Way
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Palmetto Park Rd to SE Olive Way, and it is the second property on your left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $930/SqFt

Tax Information:

  • Annual Amount: $3,781
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$631.9K

Med. Price/SqFt

$341

Avg. Days On Market

74

# of Sold Homes

232

50 SE Olive Way vs Boca Raton

22 DAYS ON ROCKET

-52 Days

$1,600,000

+$968K More

$930/SqFt

+$589 More

KEY TAKEAWAY

This property is $968K more than the Median Sold Price and $589/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-11030719

Listing Office:

  • Office Name: Century 21 Stein Posner
  • Office Phone: (561) 756-9945
  • Listing Agent: Ewa Prussin

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: 11/14/2024, 1:15:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,781$232,067
2019$3,785$226,849
2018$3,539$222,619
2017$3,499$218,040

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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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.

Nearby Schools

school-card-donut-54515
5
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 1.00 miles

  • Public Magnet Grades KG-5

school-card-donut-54516
9
/10
  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 1.37 miles

  • Public Charter Grades KG-5

school-card-donut-54517
6
/10
  • J. C. Mitchell Elementary School

  • 2470 NW 5th Ave

  • 2.02 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $122,500. The most common annual income of people living in Boca Raton, FL is $200k+. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 50 SE Olive Way

What is the listing price of this property?

The listing price of 50 SE Olive Way property is $1,600,000.

What type of property is this?

The property 50 SE Olive Way is a house located in Boca Raton, Florida, 33432.

Is this property for sale now?

Accepting Backup Offers: 50 SE Olive Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,781 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 50 SE Olive Way has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 50 SE Olive Way is 1,720 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 50 SE Olive Way is 1980.

Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›50 SE Olive Way

This home is located at 50 SE Olive Way in Boca Raton, FL and zip code 33432 in the Por La Mar neighborhood. This 1,720 square foot home was built in 1980. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $1,600,000.

Boca Raton, FL housing market in October 2024 saw over 11 listings sold above listed price, more than 28 sold at listed price and over 193 sold below. In October 2024 in Boca Raton, FL there were 3.9% more homes for sale than in September 2024. In October 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $631,981.

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

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