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550 S Ocean Blvd Unit 407, Boca Raton, FL, 33432

$1,500,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,614 SqFt
$929/SqFt
Condo

Location

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550 S Ocean Blvd Unit 407, Boca Raton$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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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
MLS #RX-11043736
StatusActive

About 550 S Ocean Blvd Unit 407

Experience breathtaking views from the ocean to Lake Boca Raton, complemented by vibrant city lights and lush landscaped gardens, all from your expansive wrap-around terrace. The prestigious Chalfonte sets the standard for luxury living with premier amenities: a sparkling oceanfront pool and spa, private beach access, a state-of-the-art fitness center, tennis and pickleball courts, ping pong room, fully equipped social lounges, two barbecue areas, and an outdoor pavilion on Lake Boca with a full kitchen. Ideally located near fine dining, upscale shopping, and just minutes from Mizner Park and Royal Palm Plaza. This is coastal living at its finest--don't miss out!

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
  • 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 407
Virtual Tour

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: ON A1A OCEAN SIDE, BETWEEN PALMETTO PARK ROAD AND CAMINO REAL

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $929/SqFt

HOA Fees:

  • Amount: $1525
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$635.3K

Med. Price/SqFt

$342

Avg. Days On Market

54

# of Sold Homes

169

550 S Ocean Blvd Unit 407 vs Boca Raton

7 DAYS ON ROCKET

-47 Days

$1,500,000

+$864.6K More

$929/SqFt

+$587 More

KEY TAKEAWAY

This property is $864.6K more than the Median Sold Price and $587/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-11043736

Listing Office:

  • Office Name: Lang Realty/BR
  • Office Phone: (561) 447-0666
  • Listing Agent: Ana M Londono

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: 12/17/2024, 11:55:53 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

$9,079

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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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-4287275
5
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 1.11 miles

  • Public Magnet Grades KG-5

school-card-donut-4287276
9
/10
  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 1.43 miles

  • Public Charter Grades KG-5

school-card-donut-4287277
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 majority of Boca Raton, FL residents have income $200k+ annually. Typical family type is single, no kids. 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 407

What is the listing price of this property?

The listing price of 550 S Ocean Blvd Unit 407 property is $1,500,000.

What type of property is this?

The property 550 S Ocean Blvd Unit 407 is a condo located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 550 S Ocean Blvd Unit 407 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 407 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 550 S Ocean Blvd Unit 407 is 1,614 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 S Ocean Blvd Unit 407 is 1974.

Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›550 S Ocean Blvd Unit 407

This home is located at 550 S Ocean Blvd Unit 407 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 December 10, 2024 and is currently priced at $1,500,000.

In November 2024, from all listings sold in Boca Raton, FL there were more than 12 sold above asking price, over 146 sold below and more than 11 were sold right at the asked price. The number of listings in Boca Raton, FL increased by 8% between October 2024 and November 2024. While the average time on the market in November 2024 was 54 days, the median list price was $635,319.

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

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