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$1,595,000

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

  • <1 day on market
This is a rare chance to own a high-floor, corner oceanfront condo at the prestigious Chalfonte in Boca Raton. The unit has been completely stripped, allowing you to design and customize the space to your liking. Enjoy breathtaking views of the ocean and Lake Boca, with expansive hurricane-impact windows and doors throughout. A brand-new sliding door in the master bedroom has just been installed.Step outside onto your private 500 sq. ft. oceanfront terrace, perfect for relaxing, entertaining, or dining while listening to the waves. Chalfonte residents enjoy first-class amenities, including 24-hour security, a state-of-the-art fitness center, tennis courts, and an ocean-side pool with daily beach umbrella service. Boat dock space on popular Lake Boca and private beach access add to

Details

Property type

Condominium

Est. home value

$1,834,764

Lot size

Unknown

Price per sq ft

$1,079

Year built

1974

Annual property taxes

$21,382

Monthly HOA fee

$1,525

Price History

03/18/2025
Beaches

Beaches #R11072578

Listed
$1,595,000
03/17/2025
Beaches

Beaches #R11034530

Removed
$1,595,000
03/10/2025
Beaches

Beaches #R11034530

Price change
$1,595,000
-3.33%

Schools & Community

Elementary school: 

Boca Raton

Middle school: 

Boca Raton Community

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

$1,005,934
Asking price
$1,595,000
Closing costs (~8% of asking)
-$127,600
Est. remaining loan balance
-$461,466
Cash to seller
$1,005,934

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

$461,466

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?

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Status: Active

Tomo last checked: 03/18/2025 at 5:50 PM

Listing updated: 03/18/2025 at 11:05 AM

Listed by: Delia Caridad Velez, Cardinal Group Enterprise INC Phone #: (561) 245-7695

MLS: Beaches #R11072578

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