tomo logo

$1,400,000

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

  • 5 days on market
Discover the epitome of beachfront luxury with this stunning 10th floor residence at the Chalfonte, offering outstanding Ocean and Lake Boca views from the oversized balcony, that's perfect for hosting gatherings or relaxing while taking in the views. This extremely well kept unit is designed with a spacious and adaptable floor plan. 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. This residence promises an unparalleled lifestyle at Boca Raton's coveted Golden Mile. More interior pictures coming soon.

Details

Property type

Condominium

Est. home value

$1,737,527

Lot size

Unknown

Price per sq ft

$969

Year built

1974

Annual property taxes

$18,142

Monthly HOA fee

$1,569

Price History

11/03/2024
Beaches

Beaches #R11017458

Removed
$1,400,000
11/03/2024
Beaches

Beaches #R11034533

Listed
$1,400,000
10/04/2024
Beaches

Beaches #R11017458

Price change
$1,400,000
-3.45%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$499,169
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$788,831
Cash to seller
$499,169

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

$788,831

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: 11/08/2024 at 9:10 AM

Listing updated: 11/08/2024 at 7:45 AM

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

MLS: Beaches #R11034533

Beaches logo

Recently listed in Boca Raton