tomo logo

$1,325,000

Beds
2
Baths
2.0
sq ft
1,446

550 S Ocean Blvd Unit 1003, Boca Raton, FL 33432

550 S Ocean Blvd Unit 1003

Boca Raton, FL 33432

  • <1 day on market
Desirable 10th floor residence with breathtaking Ocean and Lake Boca views from every room at The Chalfonte. This extremely well kept unit is designed with a spacious and adaptable split-bedroom floor plan and available fully furnished, ready for immediate move-in. The oversized balcony is perfect for hosting gatherings or relaxing while taking in the views. The Chalfonte offers premier amenities, including 24-hour security, a fitness center, tennis courts, an ocean-side pool with daily beach umbrella service, and private beach access. The maintenance fee covers water, exterior insurance, expanded basic cable, common area cleaning services, and access to all building amenities. The secure parking garage offers private bike storage, and a car wash service area, all monitored by a staffed

Details

Property type

Condominium

Est. home value

$1,737,527

Lot size

Unknown

Price per sq ft

$917

Year built

1974

Annual property taxes

$18,142

Monthly HOA fee

$1,525

Price History

02/01/2025
Beaches

Beaches #R11058086

Listed
$1,325,000
01/31/2025
Beaches

Beaches #R11034533

Removed
$1,325,000
01/28/2025
Beaches

Beaches #R11034533

Price change
$1,325,000
-3.64%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Boca Raton Community

Community features: 

Pool, Park, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$432,632
Asking price
$1,325,000
Closing costs (~8% of asking)
-$106,000
Est. remaining loan balance
-$786,368
Cash to seller
$432,632

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Hometown Equity Mortgage

Loan start date

January 2023

Original loan amount

$805,000

Est. remaining balance

$786,368

Interest rate

6.49%

Loan type

New Conventional, 30 year

Seller

Guillermo Ferrer and Lucina Ferrer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/01/2025 at 10:55 PM

Listing updated: 02/01/2025 at 5:05 PM

Listed by: Ewa Prussin, Century 21 Stein Posner Phone #: (561) 756-9945

MLS: Beaches #R11058086

Beaches logo