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
Last Updated: January - 10 - 2026
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