550 South Ocean Boulevard, Unit 508

Boca Raton, FL 33432

$2,500,000
Price
2
Beds
2
Baths
1,614 Sq. Ft.
$1,549 / Sq. Ft.
1,614
Sq. Ft.
$1,549
per Sq. Ft.

Description

Luxury living in this southeast corner residence, boasting expansive terrace with mesmerizing views of the ocean and Lake Boca from every room. Elegantly renovated in 2022, this home shines with an open kitchen design, sleek porcelain flooring throughout, and contemporary bathrooms, all finished with exquisite attention to detail. The building enriches your living experience with private beach access, ocean-side pools, inviting hot tubs, outdoor barbecues, cutting-edge fitness centers, and two tennis...Luxury living in this southeast corner residence, boasting expansive terrace with mesmerizing views of the ocean and Lake Boca from every room. Elegantly renovated in 2022, this home shines with an open kitchen design, sleek porcelain flooring throughout, and contemporary bathrooms, all finished with exquisite attention to detail. The building enriches your living experience with private beach access, ocean-side pools, inviting hot tubs, outdoor barbecues, cutting-edge fitness centers, and two tennis courts, among a plethora of other amenities. Nestled just minutes away from the vibrant Mizner Park and Royal Palm Plaza, its location is unparalleled. A mere 35-minute drive connects you to either Palm Beach or Fort Lauderdale airports.
  1. Listed by Ana M Londono • Lang Realty/BR

Property Details for 550 South Ocean Boulevard, Unit 508

Subdivision
CHALFONTE CONDO
Design
4+ Floors
Waterfront
Yes
Waterfront Details
Directly on Sand, No Fixed Bridges, Ocean Access, Ocean Front
View
City, Intracoastal, Marina, Ocean, Tennis
Furnished
Furniture Negotiable
Style
Condo 5+ Stories, WF/Ocean Access

Location

Listing Courtesy of Lang Realty/BR
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LISTING UPDATED: 04/05/2024 08:30 AM

Property Details for 550 South Ocean Boulevard, Unit 508

StatusActive
MLS #RX-10968834
Days on Market41
Taxes$31,009 / year
HOA Fees$1,419 / 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
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Building Information for 550 South Ocean Boulevard, Unit 508

Building/ComplexCHALFONTEFloor5Stories23Residences189Pet PolicyNot AllowedYear Built1974

Payment Calculator

$17,647 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$2,584

HOA Dues

$1,419

The Payment Calculator is for illustrative purposes only.

Property Information for 550 South Ocean Boulevard, Unit 508

Summary
Location and General Information
  • Boat Services: Common Dock, Exclusive Use
  • 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
  • Special Info: Disclosure, Foreign Seller, Sold As-Is
  • Street Number: 550
  • Subdivision Complex Bldg: CHALFONTE, CHALFONTE CONDO
  • Municipal Code: Boca Raton
  • Boat Access: Common Dock, Exclusive Use
  • State: FL
  • City Postal ID: 33432
  • MLS Area: 4160
  • MLS Sub Area: PB01
Parking
  • Garage Spaces: 1
  • Parking: Assigned Parking, Covered Parking, Garage - Building, Guest Parking, Under Building
  • Covered Spaces: 1
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, Common Areas, Elevator, Insurance-Bldg, Lawn Care, Maintenance-Exterior, Manager, Master Antenna/TV, Parking, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Security, Trash Removal, Water
  • Capital Contribution: No
  • HOA Dues: $1,419
  • Type of Governing Bodies: Condo
Property
Lot Information
  • Area: 4160
  • Bldg #: 550 (SOUTH)
  • Front Exp: Southeast
  • HOA Amenities: Mandatory
  • Parcel ID: 06434728080010508
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 1,878
  • Square Ft Source: Floor Plan
  • Ttl Units in Complex: 378
  • Zoning: R5A(ci
  • Front Exposure: Southeast
Property and Assessments
  • Legal Desc: CHALFONTE COND APT 508 BLDG SOUTH-
  • Unit Floor #: 5
  • Unit Desc: Corner, Interior Hallway
  • Sq Ft Liv Area: 1614.0
  • Legal Description: CHALFONTE COND APT 508 BLDG SOUTH-
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Equip/Appl Included: Dishwasher, Disposal, Dryer, Microwave, Range - Electric, Refrigerator, Washer, Water Heater - Elec
  • Exterior Features: Covered Patio, Shutters
  • Private Pool: No
  • Security: Doorman, Lobby, Private Guard, Security Patrol, TV Camera
  • Storm Protection: Accordion Shutters: Partial
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: Bike Storage, Billiards, Business Center, Common Laundry, Community Room, Elevator, Extra Storage, Fitness Center, Internet Included, Library, Manager on Site, Pickleball, Picnic Area, Pool, Putting Green, Spa-Hot Tub, Tennis
  • Laundry Appliances: Washer and Dryer
  • Gated Community YN: No
Interior Features
  • W/D Allowed: Yes
  • Cooling: Central Individual, Electric, Reverse Cycle
  • Flooring: Ceramic Tile
  • Heating: Central Individual, Electric, Heat Pump-Reverse
  • Interior Features: Foyer, Split Bedroom, Walk-in Closet
  • Window Treatments: Blinds, Casement, Hurricane Windows, Impact Glass
  • Dining Area: Formal
  • Main Level Bedrooms: 2
  • Main Level Bathrooms: 2
  • Guest Accommodations: No
  • Master Bath Features: Combo Tub/Shower
  • Master Bathroom Description: Combo Tub/Shower
  • Baths Total: 2
Master Bedroom
  • Primary Bedroom/Bath: Combo Tub/Shower
Porch
  • PatioFeatures: Patio
Multi Family
Multi-Family Information
  • Stories: 23.0
Rental
Rental Information
  • Pets on Premises: No
  • Other Fees: $100
  • Minimum Num of Days for Lease: 120
  • Pets Allowed: No
  • Lease Times per Year: ONE

Property History for 550 South Ocean Boulevard, Unit 508

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 550 South Ocean Boulevard, Unit 508

Taxable ValueLand-Additions$1,792,035Total-
Tax Record2023$31,009 ($2,584 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,614 SqFtAbove Grade Finished SqFt1,614 SqFtStyleCondominiumYear Built1974CountyPALM BEACHAPN06-43-47-28-08-001-0508

Schools near 550 South Ocean Boulevard, Unit 508

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 508 is a condo for sale in Boca Raton, FL 33432. This property was listed for sale on March 14, 2024 by Lang Realty/BR, it's currently listed at $2,500,000. It has been on the market for a total of 41 days and was last sold on July 22, 2022. 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 508 is a 2-bed, 2-bath, 1,614 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.