550 South Ocean Boulevard, Unit 1001 / 1003

Boca Raton, FL 33432

$4,400,000
Price
4
Beds
4
Baths
2,925 Sq. Ft.
$1,504 / Sq. Ft.
2,925
Sq. Ft.
$1,504
per Sq. Ft.

Description

Unique opportunity to own a coastal heaven with this dual-unit offering. Boasting stunning views of the ocean, Lake Boca and the city. These adjacent units, totaling 3,605 sqft, offer a rare chance to create your dream home. Unit 1001 is being fully renovated, featuring an open layout and high-end finishes. The second unit (1003) can be combined and renovated at your liking. Two oversized terraces, ideal for relaxation or socializing. Chalfonte residents have exclusive access to two oceanfront pools...Unique opportunity to own a coastal heaven with this dual-unit offering. Boasting stunning views of the ocean, Lake Boca and the city. These adjacent units, totaling 3,605 sqft, offer a rare chance to create your dream home. Unit 1001 is being fully renovated, featuring an open layout and high-end finishes. The second unit (1003) can be combined and renovated at your liking. Two oversized terraces, ideal for relaxation or socializing. Chalfonte residents have exclusive access to two oceanfront pools and hot tubs, 24-hour attended lobby, state-of-the-art fitness center, social rooms, two tennis courts, a ping pong room, and barbecue facilities. Nestled just minutes away from the vibrant Mizner Park and Royal Palm Plaza, its location is unparalleled.
  1. Listed by Ana M Londono • Lang Realty/BR

Property Details for 550 South Ocean Boulevard, Unit 1001 / 1003

Subdivision
CHALFONTE CONDO
Design
Contemporary
Waterfront
Yes
Waterfront Details
Ocean Front
View
Intracoastal, Lake, Ocean
Furnished
Unfurnished
Style
Condo 5+ Stories, WF/No Ocean Access

Location

Listing Courtesy of Lang Realty/BR
Add your commute
LISTING UPDATED: 03/21/2024 05:39 PM

Property Details for 550 South Ocean Boulevard, Unit 1001 / 1003

StatusActive
MLS #RX-10970823
Days on Market41
Taxes$23,095 / year
HOA Fees$2,838 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo/Coop
Year Built1974
CountyPalm Beach County

Building

CHALFONTE

189 Units23 StoriesBuilt in 1974

Location

Listing Courtesy of Lang Realty/BR
Add your commute

Building Information for 550 South Ocean Boulevard, Unit 1001 / 1003

Building/ComplexCHALFONTEFloor-Stories23Residences189Pet PolicyNot AllowedYear Built1974

Payment Calculator

$28,775 per month

30 year fixed, 7.25% Interest

Principal and Interest

$24,013

Property Taxes

$1,925

HOA Dues

$2,838

The Payment Calculator is for illustrative purposes only.

Property Information for 550 South Ocean Boulevard, Unit 1001 / 1003

Summary
Location and General Information
  • Property Condition: Resale
  • Development Name: CHALFONTE
  • Directions: A1A between Palmetto Park and Camino Real, on Ocean side
  • Elementary School: Boca Raton Elementary School
  • Middle School: Boca Raton Community Middle School
  • High School: Boca Raton Community High School
  • Geo Area: Palm Beach 4150; 4160; 4170
  • Street Number: 550
  • Subdivision Complex Bldg: CHALFONTE, CHALFONTE CONDO
  • Municipal Code: Boca Raton
  • State: FL
  • City Postal ID: 33432
  • MLS Area: 4160
  • MLS Sub Area: PB01
Parking
  • Garage Spaces: 2
  • Parking: 2 Or More Spaces, Assigned Parking, Covered Parking, Garage - Building, Guest Parking, Under Building
  • Covered Spaces: 2
Taxes and HOA Information
  • Comm/Trans Brk: 2.5%
  • Governing Bodies: Condo
  • HOPA: No Hopa
  • Association Deposit: No
  • Tax Year: 2023
  • Application Fee: $100.00
  • Maintenance Fee Incl: Cable, Elevator, Insurance-Bldg, Maintenance-Exterior, Management Fees, Manager, Parking, Pest Control, Pool Service, Reserve Funds, Security, Sewer, Trash Removal, Water
  • Capital Contribution: No
  • HOA Dues: $2,838
  • Type of Governing Bodies: Condo
Property
Lot Information
  • Area: 4160
  • Bldg #: 550
  • Front Exp: Northeast
  • HOA Amenities: Mandatory
  • Parcel ID: 06434728080011003
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: Yes
  • Sq Ft Total: 3,605
  • Square Ft Source: Floor Plan
  • Ttl Units in Complex: 378
  • Zoning: R5A(ci
  • Front Exposure: Northeast
Property and Assessments
  • Legal Desc: CHALFONTE COND APT 1003 BLDG SOUTHCHALFONTE COND APT 1001 BLDG SOUTH
  • Unit Floor #: 10
  • Unit Desc: Corner
  • Sq Ft Liv Area: 2925.0
  • Legal Description: CHALFONTE COND APT 1003 BLDG SOUTHCHALFONTE COND APT 1001 BLDG SOUTH
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Equip/Appl Included: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Storm Shutters, Wall Oven, Washer, Water Heater - Elec
  • Exterior Features: Covered Balcony
  • Private Pool: No
  • Security: Doorman, Lobby
  • Storm Protection: Accordion Shutters: Partial
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: Community Room, Elevator, Fitness Center, Internet Included, Library, Lobby, Manager on Site, Spa-Hot Tub, Tennis, Trash Chute
  • Laundry Appliances: Washer and Dryer
  • Gated Community YN: No
Interior Features
  • W/D Allowed: Yes
  • Cooling: Central Individual
  • Flooring: Tile
  • Heating: Central Individual
  • Interior Features: Walk-in Closet
  • Window Treatments: Impact Glass
  • Dining Area: Breakfast Area, Formal
  • Main Level Bedrooms: 4
  • Main Level Bathrooms: 4
  • Guest Accommodations: No
  • Master Bath Features: Separate Shower
  • Master Bathroom Description: Separate Shower
  • Baths Total: 4
  • Spa: No
Master Bedroom
  • Primary Bedroom/Bath: Separate Shower
Multi Family
Multi-Family Information
  • Stories: 23.0
Rental
Rental Information
  • Pets on Premises: No
  • Other Fees: $100
  • Pets Allowed: No

Property History for 550 South Ocean Boulevard, Unit 1001 / 1003

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 550 South Ocean Boulevard, Unit 1001 / 1003

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Boca Raton Elementary School
PublicPK to 5

Boca Raton Community Middle School
Public6 to 8

Boca Raton Community High School
Public9 to 12

Somerset Academy Boca East
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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550 South Ocean Boulevard, Unit 1001 / 1003 is a condo for sale in Boca Raton, FL 33432. This property was listed for sale on March 21, 2024 by Lang Realty/BR, it's currently listed at $4,400,000. This listing's school district is Palm Beach. Nearby schools include Boca Raton Elementary School, Boca Raton Community Middle School and Boca Raton Community High School. 550 South Ocean Boulevard, Unit 1001 / 1003 is a 4-bed, 4-bath, 2,925 sqft condo built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lang Realty/BR

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.