Welcome to your own piece of Paradise. Discover the unique blend of Condominium convenience and Single-family ambience in this elegantly crafted Beachfront Residence. This two-bedroom, two-bath residence offers spectacular views of the Lake Boca, The city and breathtaking Sunsets. The unit features white porcelain flooring throughout, open gourmet kitchen with high-end appliances, formal dining and washer & dryer. Amenities include Oceanfront pool and Hot-tub, two tennis courts, state of the art fitness center, a fully equipped social room. 24 hour attended lobby.
Property Details
Property Features
Property Information:
Architectural Style: High Rise
Year Built: 1974
Living Area: 1,351 SqFt
Listing Office:
Office Name: Developers Group Realty
Office Phone: (305) 448-0102
Listing Agent: Ignacio Diaz
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Flooring Type: Tile
Interior: Dining Area, Separate/Formal Dining Room, Kitchen Island, Split Bedrooms
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.
$10.4K
Per Month
Principal & Interest
$8,959
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)
$1,419
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
$5,448
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. Typical income of Boca Raton, FL residents is $200k+ annually. Residents typically live in single, no kids family. 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 1509
What is the listing price of this property?
The listing price of 550 S Ocean Blvd Unit 1509 property is $1,795,000.
What type of property is this?
The property 550 S Ocean Blvd Unit 1509 is a condo located in Boca Raton, Florida, 33432.
Is this property for sale now?
Active Listing: 550 S Ocean Blvd Unit 1509 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 1509 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 550 S Ocean Blvd Unit 1509 is 1,351 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 550 S Ocean Blvd Unit 1509 is 1974.
This home is located at 550 S Ocean Blvd Unit 1509 in Boca Raton, FL and zip code 33432 in the Chalfonte neighborhood. This 1,351 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $1,795,000.
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. Between September 2024 and October 2024, Boca Raton, FL real estate market has seen increase in the number of listings 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.