550 S Ocean Boulevard 508, Boca Raton, FL 33432

$2,125,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,878 Status: Closed
Current Price: $2,125,000 List Date: 4/05/2024 Last Modified: 1/10/2026

Description

Luxury living in this southeast corner residence, boasting expansive terrace with mesmerizing views of the ocean and Lake Boca from every room. Elegantly renovated in 2022, this home shines with an open kitchen design, sleek porcelain flooring throughout, and contemporary bathrooms, all finished with exquisite attention to detail. The building enriches your living experience with private beach access, ocean-side pools, inviting hot tubs, outdoor barbecues, cutting-edge fitness centers, and two tennis courts, among a plethora of other amenities. Nestled just minutes away from the vibrant Mizner Park and Royal Palm Plaza, its location is unparalleled. A mere 35-minute drive connects you to either Palm Beach or Fort Lauderdale airports.

More Information MLS# R10968834

Contract Information

Comp Sale YN: No Listing Contract Date: 2024-03-14 Status: Closed Original List Price: 2500000 Sold Price: $2,125,000 Current Price: $2,125,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Boca Raton Postal Zip: 33432 Development Name: CHALFONTE Geographic Area: PB01 Special Assessment YN: No Building Name: 550 (SOUTH) Country: United States Street Number: 550 Street Direction Prefix: S Street Name: Ocean Street Suffix: Boulevard Unit Number: 508 State Or Province: FL Postal Code: 33432 Subdivision Name: CHALFONTE CONDO Area: 4160 Elementary School: Boca Raton Middle Or Junior School: Boca Raton Community High School: Boca Raton Parcel Number: 06434728080010508 Zoning: R5A(ci Directions: A1A between Palmetto Park and Camino Real on Ocean side

General Property Information

Number Of Units In Community: 378 Total Units In Building: 189 Unit Floor #: 5 Living Area Main: 1614 Gated Community YN: No Lot Size Area: 0 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Negotiable Stories Total: 23 Pool Private YN: No Property Sub Type: Condominium Bedrooms Total: 2 Bathrooms Total: 2 Bathrooms Full: 2 Building Area Main: 1878 Building Area Source: Plans Year Built: 1974 Garage YN: 1 Garage Spaces: 1 Covered Spaces: 1 Waterfront YN: 1 Direction Faces: Southeast

Financial Information

Association Deposit YN: No Application Required YN: Yes Association Membership: Mandatory Association Phone: 561.392.1530 Membership Fee Required YN: No Association YN: 1 Association Fee: 1569 Association Fee Frequency: Monthly Tax Annual Amount: 31009.1 Tax Year: 2023 Tax Legal Description: CHALFONTE COND APT 508 BLDG SOUTH-

Remarks and Miscellaneous

Public Historical Remarks: Boat Services:Common Dock Y

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2024-07-09T16:18:39Z Major Change Type: Status Change Status Change Date: 2024-07-09 Under Contract Date: 2024-05-16 Close Date: 2024-07-02 Close Price: 2125000

Application Fee Details

Application Fee Required: Yes Application Fee: 100

Application Information

Personal Interview Required: 1

Amenities

Bike Storage: 1 Billiard Room: 1 Business Center: 1 Community Room: 1 Elevator(s): 1 Fitness Center: 1 Internet Included: 1 Library: 1 Manager On Site: 1 Parking: 1 Pickleball Court(s): 1 Picnic Area: 1 Pool: 1 Putting Green: 1 Spa/Hot Tub: 1 Storage: 1 Tennis Court(s): 1

Association Fee Includes

Cable TV: 1 Common Areas: 1 Elevator: 1 Insurance: 1 Maintenance Grounds: 1 Pest Control: 1 Security: 1 Trash: 1 Water: 1

Dining Area

Formal Dining: 1

Electric

Three Phase: 1

Flooring

Ceramic Tile: 1

Parking Features

Assigned: 1 Covered: 1 Guest: 1 Under Building: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Special Information

Foreign Seller: 1 Sold As-Is: 1 Disclosure: 1

Utilities

Cable Available: 1 Sewer Available: 1 Water Available: 1

View

City: 1 Tennis: 1

Heating

Central Individual: 1 Electric: 1 Heat Pump: 1

Leasing Restrictions

Leasing - Minimum Number of Days: 120

Unit Description

Corner/End Unit: 1 Interior Hallway: 1

Water Access

No Fixed Bridge: 1 Ocean Access: 1

Water View

Intracoastal: 1 Marina: 1 Ocean: 1

Window Features

Blinds: 1 Casement: 1 Storm Window(s): 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1 Water Heater: 1

Construction Materials

CBS: 1

Interior Features

Bedroom Layout - Split: 1 Entrance Foyer: 1 Walk-In Closet(s): 1

Listing Terms

Cash: 1

Security Features

Closed Circuit Camera(s): 1 Lobby - Attended: 1 Security Guard: 1 Security Patrol: 1 Security System: 1

Water Source

Public: 1

Waterfront Features

Directly on Sand: 1 Ocean Front: 1 No Fixed Bridges: 1

Water Heater Details

Electric Water Heater: 1

Boat and Dock Information

Dock: Yes Dock Details: Boat Services: Y

Boat and Dock Features

Exclusive Use: 1

Capital Contributions

Capital Contributions YN: No

Cooling

Central Individual: 1 Electric: 1 Reverse Cycle: 1

Association Type

Condominium: 1

Showing Requirements

Appointment Only: 1 See Remarks: 1

Main Level Rooms

Main Level Bathrooms: 2 Main Level Bedrooms: 2

Master Bedroom/Bath

Combo Tub/Shower: 1

Pets Allowed YN

No: 1

Restrictions

Buyer Approval Required: 1 Lease Restrictions: 1 No Corporate Buyer: 1 Parking - No Commercial Vehicles: 1

Other Leasing Restrictions

Leasing Prohibited 1st 2 Years: 1

Storm Protection

Accordian Shutters: Partial Impact Glass: Complete

Tax Information

City/County: 1 No Homestead: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Patio: 1

Patio Details

Patio - Covered: 1

Contingencies

Financing: 1

Room Types

Bedroom 2: 1 Dining Room: 1 Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Master Bedroom: 1 Master Bedroom Level: First

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 1316.6 Original List Price To Close Price: 1.17

Originating Details

Originating System Key: 20240314225307368203000000 Originating System ID: M00000170

Property Features

Application Information: Personal Interview Required Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Maintenance Grounds; Pest Control; Security; Trash; Water Dining Area: Formal Dining Electric: Three Phase Flooring: Ceramic Tile Parking Features: Assigned; Covered; Guest; Under Building; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Boat and Dock Features: Exclusive Use Construction Materials: CBS Cooling: Central Individual; Reverse Cycle Association Type: Condominium Heating: Central Individual; Electric; Heat Pump Interior Features: Bedroom Layout - Split; Entrance Foyer; Walk-In Closet(s) Listing Terms: Cash Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease Restrictions; No Corporate Buyer; Parking - No Commercial Vehicles Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Security Features: Closed Circuit Camera(s); Lobby - Attended; Security Guard; Security Patrol; Security System Sewer: Public Sewer Special Information: Foreign Seller; Sold As-Is; Disclosure Tax Information: City/County; No Homestead Unit Description: Corner/End Unit; Interior Hallway Utilities: Cable Available; Sewer Available; Water Available View: Tennis Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Intracoastal; Marina; Ocean Waterfront Features: Directly on Sand; Ocean Front; No Fixed Bridges Window Features: Blinds; Casement; Storm Window(s) Showing Requirements: Appointment Only; See Remarks Outdoor Living Spaces: Patio Patio Details: Patio - Covered Contingencies: Financing Room Types: Bedroom 2; Dining Room; Kitchen; Living Room; Master Bedroom

Room Information

Living Room Length: 26.00 Length: 26.00 Width: 15.00 Width: 15.00 Level: First Dining Room Length: 14.00 Length: 14.00 Width: 12.00 Width: 12.00 Kitchen Length: 16.00 Length: 16.00 Width: 9.00 Width: 9.00 Level: First Master Bedroom Length: 19.00 Length: 19.00 Width: 12.00 Width: 12.00 Level: First Bedroom 2 Length: 16.00 Length: 16.00 Width: 12.00 Width: 12.00
Listing Office: Lang Realty/BR
IDX
Last Updated: January - 10 - 2026
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