9 months on rocket

550 SW 2nd Ave Unit 1280, Boca Raton, FL, 33432

$250,000

Home List Price

$2,969*

Closing Credit

2 Bedrooms
2 Full Baths
864 SqFt
$289/SqFt
Condo

Location

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550 SW 2nd Ave Unit 1280, Boca Raton$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1971
CoolingCentral Air
WaterfrontNone
FireplaceNone
MLS #RX-10967672
StatusActive

About 550 SW 2nd Ave Unit 1280

Fully renovated in 2020 and is a 2/2. Has had same tenant in it for last 4 years and currently paying $2,200/month until end of October.

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Stories: 2
  • Living Area: 864 SqFt

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (561) 300-6056
  • Listing Agent: Jake Marshall Friedman

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Flooring Type: Vinyl Floor
  • Interior: None
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None

Virtual/3D Tour

  • Virtual Tour: 550 SW 2nd Ave Unit 1280
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Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $289/SqFt

HOA Fees:

  • Amount: $448
  • Frequency: Monthly
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Housing Market Comparison

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

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Boca Raton, FL

City

Med. Sold Price

$635.3K

Med. Price/SqFt

$342

Avg. Days On Market

54

# of Sold Homes

169

550 SW 2nd Ave Unit 1280 vs Boca Raton

285 DAYS ON ROCKET

+231 Days

$250,000

-$385.3K Less

$289/SqFt

-$53 Less

KEY TAKEAWAY

This property is $385.3K less than the Median Sold Price and $53/SqFt less than other homes in Boca Raton, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10967672

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (561) 300-6056
  • Listing Agent: Jake Marshall Friedman

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: 12/22/2024, 10:20:52 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

$1,763

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-943315
5
/10

  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 0.22 miles

  • Public Magnet Grades KG-5

school-card-donut-943316
9
/10

  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 0.34 miles

  • Public Charter Grades KG-5

school-card-donut-943317
5
/10

  • Deerfield Beach Elementary School

  • 650 NE 1st St

  • 1.74 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,618. Typical income of Boca Raton, FL residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Boca Raton, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Boca Raton, FL.

Boca Raton's housing market is diverse, with a mix of luxurious waterfront estates, golf course communities, and condominiums. Single-family homes are prevalent, reflecting Mediterranean and contemporary styles, while the condominiums offer a more urban living experience. The area has a high homeownership rate, with many properties featuring upscale amenities and tropical landscaping.

What is it like to live in Boca Raton, FL?

Boca Raton is celebrated for its affluent community and high quality of life. The city prides itself on its pristine beaches, well-kept parks, and exclusive golf courses. Cultural events and art festivals are integral to the community, reflecting the residents' appreciation for the finer things in life.

Is it easy to get around Boca Raton, FL without a car?

The city is served by a number of public and private schools, offering a range of educational opportunities. Healthcare is readily accessible, with several hospitals and clinics providing a spectrum of services from emergency care to specialized treatments. Retail and dining options abound, with a focus on high-end shopping and gourmet cuisine that cater to the sophisticated local palate.

Transportation in Boca Raton, FL.

Boca Raton features a well-developed transport network, with a variety of options including local bus services, a downtown shuttle, and access to the Tri-Rail commuter train connecting to the wider South Florida area. The city is also served by major highways like Interstate 95, facilitating travel to nearby cities and airports. While the city is car-dependent, certain areas, particularly around downtown, are more walkable, and there is a growing emphasis on improving bikeability.

Frequently Asked Questions About 550 SW 2nd Ave Unit 1280

What is the listing price of this property?

The listing price of 550 SW 2nd Ave Unit 1280 property is $250,000.

What type of property is this?

The property 550 SW 2nd Ave Unit 1280 is a condo located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 550 SW 2nd Ave Unit 1280 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 SW 2nd Ave Unit 1280 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 550 SW 2nd Ave Unit 1280 is 864 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 SW 2nd Ave Unit 1280 is 1971.

Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›550 SW 2nd Ave Unit 1280

This home is located at 550 SW 2nd Ave Unit 1280 in Boca Raton, FL and zip code 33432. This 864 square foot home was built in 1971. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $250,000.

While more than 12 listings in Boca Raton, FL in November 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 146 were sold below. The number of homes for sale in Boca Raton, FL increased by 8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $635,319, while the average time on the real estate market was 54 days.

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

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