tomo logo

$1,900,000

Beds
2
Baths
2.0
sq ft
1,448

550 S Ocean Blvd Unit 406, Boca Raton, FL 33432

550 S Ocean Blvd Unit 406

Boca Raton, FL 33432

  • 10 days on market
This newly renovated residence at The Chalfonte offers direct ocean views from every room. Designed with premium finishes, it features an open layout with custom cabinetry, porcelain countertops, a built-in bar, and high-end Thermador appliances.The bright southeast exposure ensures abundant natural light and stunning sunrise views. A spacious oceanfront terrace provides the perfect setting for entertaining, while the split floor plan offers privacy. The building sits directly on the beach with private access and includes an oceanside swimming pool, daily beach umbrella service, a modern fitness center, two tennis courts, a social lounge, and 24-hour security. A prime beachfront location with everything you need for comfort and convenience.

Details

Property type

Condominium

Est. home value

$1,790,772

Lot size

Unknown

Price per sq ft

$1,313

Year built

1974

Annual property taxes

$18,619

Monthly HOA fee

$1,525

Price History

02/12/2025
Beaches

Beaches #R11061870

Listed
$1,900,000
+40.74%
05/31/2024
SEF

SEF #A11520652

Sold
$1,350,000
-10%
04/10/2024
SEF

SEF #A11520652

Pending
$1,500,000

Schools & Community

Elementary school: 

Boca Raton

Middle school: 

Boca Raton Community

High school: 

Boca Raton Community

Community features: 

Pool, 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

$1,012,144
Asking price
$1,900,000
Closing costs (~8% of asking)
-$152,000
Est. remaining loan balance
-$735,856
Cash to seller
$1,012,144

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

Seller’s Loan History

Lender

Ubs Bank Usa

Loan start date

November 2019

Original loan amount

$823,500

Est. remaining balance

$735,856

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Carol Dahl

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: 02/22/2025 at 9:30 PM

Listing updated: 02/15/2025 at 2:15 PM

Listed by: Ana M Londono, Lang Realty/BR Phone #: (561) 447-0666

MLS: Beaches #R11061870

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