tomo logo

$1,695,000

Beds
2
Baths
2.0
sq ft
1,479

550 S Ocean Blvd Unit 2001, Boca Raton, FL 33432

550 S Ocean Blvd Unit 2001

Boca Raton, FL 33432

  • 6 days on market
Experience the pinnacle of beachfront living in this stunning high-floor CORNER OCEANFRONT residence at the Chalfonte in Boca Raton's coveted Golden Mile. Offering an extraordinary opportunity for customization, this unit is a blank canvas awaiting your personal touch and creativity. Amazing direct oceanfront and Boca Lake views from expansive floor to ceiling impact sliding doors and a spacious 500 SF balcony with private panoramic views from all rooms. The Chalfonte offers premier amenities, including 24-hour security, a fitness center, active tennis, pickleball, marina, BBQ grilling areas for alfresco dining, an ocean-side pool, hot tub and private beach access with chairs, lounges and umbrella service! More interior pictures coming soon.

Details

Property type

Condominium

Est. home value

$1,834,764

Lot size

Unknown

Price per sq ft

$1,147

Year built

1974

Annual property taxes

$21,382

Monthly HOA fee

$1,569

Price History

11/03/2024
Beaches

Beaches #R11028872

Removed
$1,695,000
11/03/2024
Beaches

Beaches #R11034530

Listed
$1,695,000
10/16/2024
Beaches

Beaches #R11028872

Listed
$1,695,000
-3.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Tennis Court(s)

Number of units in community: 

378

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

$1,094,094
Asking price
$1,695,000
Closing costs (~8% of asking)
-$135,600
Est. remaining loan balance
-$465,306
Cash to seller
$1,094,094

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

Seller’s Loan History

Lender

Sg Capital Partners Llc

Loan start date

August 2021

Original loan amount

$500,000

Est. remaining balance

$465,306

Interest rate

2.9%

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: 11/09/2024 at 11:25 AM

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

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

MLS: Beaches #R11034530

Beaches logo

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