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

$2,400,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,479 SqFt
$1,623/SqFt
Condo

Location

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550 S Ocean Blvd Unit 1001, Boca Raton$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Garage - Building, Guest
Garage1 space
Year Built1974
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontSand, Ocean Front
ViewOcean
MLS #RX-11037790
StatusActive

About 550 S Ocean Blvd Unit 1001

Rarely available, fully renovated 10th floor corner oceanfront residence at the prestigious Chalfonte, Boca Raton. New construction, condo is currently being completely renovated with the highest quality of materials and craftsmanship including Sub Zero and Wolf appliance package, custom cabinetry, built-ins and sophisticated lighting throughout. Amazing direct oceanfront, Boca Lake and Japanese garden views from expansive floor to ceiling impact sliding doors and a spacious 500 SF balcony ideal for entertaining. The Chalfonte at Boca Raton's coveted Golden Mile offers premier amenities, including 24-hour security, a fitness center, active tennis, pickleball, marina, BBQ grilling areas for alfresco dining, an ocean-side pool, hot tub and private beach access.

Property Details

Property Features

Property Information:

  • Year Built: 1974
  • Stories: 23
  • Living Area: 1,479 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
  • Flooring Type: Other
  • Interior: Kitchen Island, 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: Ocean

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 550 S Ocean Blvd Unit 1001
Virtual Tour

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: A1A between Palmetto Park Road and Camino Real, Ocean side of the Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000
  • Price Per SqFt: $1,623/SqFt

HOA Fees:

  • Amount: $1569
  • Frequency: Monthly
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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

550 S Ocean Blvd Unit 1001 vs Boca Raton

1 DAY ON ROCKET

-73 Days

$2,400,000

+$1.7M More

$1,623/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $1.7M 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-11037790

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: 11/17/2024, 2:20:49 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

$13.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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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-430877
5
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 1.11 miles

  • Public Magnet Grades KG-5

school-card-donut-430878
9
/10
  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 1.43 miles

  • Public Charter Grades KG-5

school-card-donut-430879
5
/10
  • Deerfield Beach Elementary School

  • 650 NE 1st St

  • 2.21 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+. Residents typically live in single, no kids family. 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

What is the listing price of this property?

The listing price of 550 S Ocean Blvd Unit 1001 property is $2,400,000.

What type of property is this?

The property 550 S Ocean Blvd Unit 1001 is a condo located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 550 S Ocean Blvd Unit 1001 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 550 S Ocean Blvd Unit 1001 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 550 S Ocean Blvd Unit 1001 is 1,479 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 S Ocean Blvd Unit 1001 is 1974.

Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›550 S Ocean Blvd Unit 1001

This home is located at 550 S Ocean Blvd Unit 1001 in Boca Raton, FL and zip code 33432 in the Chalfonte neighborhood. This 1,479 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $2,400,000.

In October 2024, from all listings sold in Boca Raton, FL there were more than 11 sold above asking price, over 193 sold below and more than 28 were sold right at the asked price. The inventory of homes for sale in Boca Raton, FL between September 2024 and October 2024 increased by 3.9%. In October 2024 median list price was $631,981 and the average listing age was 74 days.

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

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