ParkingAssigned, Covered, Garage - Building, Guest, Under Building
Garage1 space
Year Built1974
HeatingElectric
CoolingCentral Air, Electric
WaterfrontSand, Ocean Front
ViewOcean, Pool
MLS #RX-11031947
StatusAccepting Backup Offers (Active Under Contract)
About 550 S Ocean Blvd Unit 1006
Enjoy panoramic, unobstructed ocean views as soon as you step into this bright 10th-floor unit with sought-after southeast exposure. This residence is in excellent condition and available fully furnished, ready for immediate move-in.Located in a top beachfront building, the property offers direct beach access, a resort-style pool, hot tub, modern fitness center, two tennis courts, pickle ball and barbecue areas. The building provides 24/7 security for added peace of mind. Just a short walk to the Boca Raton Beach Club and downtown, where you'll find a variety of dining and shopping options.
Property Details
Property Features
Property Information:
Year Built: 1974
Stories: 23
Living Area: 1,448 SqFt
Listing Office:
Office Name: Lang Realty/BR
Office Phone: (561) 447-0666
Listing Agent: Ana M Londono
Interior Features
Interior Information:
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
Flooring Type: 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 Front
View: Ocean, Pool
Exterior: Covered Balcony
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: Assigned, Covered, Garage - Building, Guest, Under Building
This property is $918K more than the Median Sold Price and $729/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-11031947
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: 11/13/2024, 1:15:57 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,372
Per Month
Principal & Interest
$7,736
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$1,569
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,713
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Boca Raton Elementary School
103 SW 1st Ave
Distance between this listing and this school1.11 miles
Public Magnet Grades KG-5
9
/10
Somerset Academy Boca East
333 SW 4th Ave
Distance between this listing and this school1.43 miles
Public Charter Grades KG-5
5
/10
Deerfield Beach Elementary School
650 NE 1st St
Distance between this listing and this school2.21 miles
Public District Grades KG-5
Nearby Schools
9
/10
Somerset Academy Boca Middle School
333 SW 4th Ave
Distance between this listing and this school1.43 miles
Public Charter Grades 6-8
10
/10
Addison Mizner School
199 SW 12th Ave
Distance between this listing and this school2.55 miles
Public District Grades KG-8
6
/10
Boca Raton Community Middle School
1251 NW 8th St
Distance between this listing and this school2.77 miles
Public Magnet Grades 6-8
Nearby Schools
10
/10
A.D. Henderson University School & Fau High School
777 Glades Rd Bldg 26
Distance between this listing and this school2.56 miles
Public District Grades KG-12
4
/10
Somerset Academy Key Charter High School
959 SE 6th Ave
Distance between this listing and this school3.07 miles
Public Charter Grades 9-12
6
/10
Boca Raton Community High School
1501 NW 15th Ct
Distance between this listing and this school3.13 miles
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 most common type of family is single, no kids. 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 1006
What is the listing price of this property?
The listing price of 550 S Ocean Blvd Unit 1006 property is $1,550,000.
What type of property is this?
The property 550 S Ocean Blvd Unit 1006 is a condo located in Boca Raton, Florida, 33432.
Is this property for sale now?
Accepting Backup Offers: 550 S Ocean Blvd Unit 1006 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
How many bedrooms and bathrooms does this property have?
The property at 550 S Ocean Blvd Unit 1006 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 550 S Ocean Blvd Unit 1006 is 1,448 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 550 S Ocean Blvd Unit 1006 is 1974.
This home is located at 550 S Ocean Blvd Unit 1006 in Boca Raton, FL and zip code 33432 in the Chalfonte neighborhood. This 1,448 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 27, 2024 and is currently priced at $1,550,000.
In October 2024 more than 11 listings in Boca Raton, FL were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 193 were sold below. The number of listings in Boca Raton, FL increased by 3.9% between September 2024 and October 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.