$540,000
SOLD FEB 25, 2025

Ambassadors South 4505 S Ocean Blvd Unit 502 Highland Beach, FL 33487

2 Beds
2 Baths
1,100 Sq Ft
$1,460/mo HOA Fee

Recently Sold

$491 Per Sq Ft

23% Below List Price

116 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Clubhouse
  • Boca Raton Community Middle School Rated A-
  • Gated with Attendant
  • Wood Flooring

About This Home

As of February 2025

Toes in the sand! Welcome home to your turnkey, fully furnished dream beach getaway in exclusive Highland Beach. Beautifully renovated in soft coastal hues this 2 bed, 2 bath boasts both Ocean and Intracoastal views from 2 balconies! Enjoy sunrises and sunsets from this oceanfront retreat. The spacious primary suite is highlighted by a renovated bath and ocean views while the second bedroom has its own balcony overlooking the Intracoastal and renovated en suite bath. 45 Ocean is a manned gated community featuring private beach access, a heated, oceanfront pool, BBQs, social room, fitness center, and garage parking. Perfectly situated minutes from the exciting nightlife of Downtown Atlantic Avenue and the fine restaurants and shops of Mizner Park.

Last Agent to Sell the Property

Lauren Lispi

RE/MAX Select Group License #704402 Listed on: 10/28/2024

RE/MAX Select Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,393

Year Built

  • Built in 1974

Lot Details

  • Ocean Front

HOA Fees

  • $1,460 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 1,100 Sq Ft Home
  • Furnished
  • Great Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Schools

  • J. C. Mitchell Elementary School
  • Boca Raton Community Middle School
  • Boca Raton Community High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 24434704100020502
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, laundry, maintenance structure, parking, pool(s), recreation facilities, roof, sewer, security, trash, water, internet
  • High-Rise Condominium
  • 45 Ocean Subdivision
  • 10-Story Property

Amenities

  • Billiard Room
  • Laundry Facilities
  • Elevator
  • Community Wi-Fi

Recreation

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,393

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,460 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A just North of Spanish River Blvd. directly on the sand. Manned gate. North Tower.
  • Year Built: 1974
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood, Wood
  • Living Area: 1100.0
  • Dining Room Type: Great Room, Storage Room
  • Stories: 10

Exterior Features

  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard, Phone Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1460.0
  • Community Features: Gated, Internet Access, Pool
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Laundry, Pool, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Laundry, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Roof, Sewer, Security, Trash, Water, Internet

Schools

  • Elementary School: J. C. Mitchell
  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel #: 24434704100020502
  • Lot Size: East of US-1
  • Zoning Description: RML

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6393.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Feb 25, 2025
Sold by
4505 Ocean 502 Llc
Bought by
Busso John and Busso Faina
Seller's Agent
Lauren Lispi
RE/MAX Select Group
List Price
$699,000
Sold Price
$540,000
Premium/Discount to List
-$159,000
-22.75%
Views
19
Current Estimated Value
$544,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,876
Avg. Annual Appreciation
2.60%
Original Mortgage
$340,000
Outstanding Balance
$338,579
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$208,536

Purchase Details

Closed on
Oct 15, 2009
Sold by
Golinger Harvey
Bought by
4505 Ocean 502 Llc

Purchase Details

Closed on
Jan 21, 2005
Sold by
Golinger Harvey and Golinger Marian
Bought by
Golinger Harvey and Golinger Marian

Purchase Details

Closed on
Nov 3, 1998
Sold by
Pistone Rachel L
Bought by
Golinger Harvey and Golinger Marian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 1997
Sold by
Pistone Anthony D and Pistone Rachel L
Bought by
Pistone Rachel L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 Independence Title
Warranty Deed $540,000 Independence Title
Warranty Deed $135,000 Attorney
Interfamily Deed Transfer -- --
Warranty Deed $160,000 --
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Closed $340,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $99,000 Credit Line Revolving
Previous Owner $106,200 Unknown
Previous Owner $110,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold $540,000 -9.2% $491 / Sq Ft
12/08/2024 12/08/24 Price Changed $595,000 -11.9% $541 / Sq Ft
11/30/2024 11/30/24 Price Changed $675,000 -3.4% $614 / Sq Ft
11/01/2024 11/01/24 For Sale $699,000 0.0% $635 / Sq Ft
02/19/2024 02/19/24 Rented $3,200 +6.7% --
01/19/2024 01/19/24 For Rent $3,000 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,565 $385,990 -- --
2023 $6,386 $350,900 $0 $0
2022 $5,850 $319,000 $0 $0
2021 $5,012 $290,000 $0 $290,000
2020 $5,626 $320,000 $0 $320,000
2019 $5,693 $315,000 $0 $315,000
2018 $5,587 $330,000 $0 $330,000
2017 $5,405 $335,000 $0 $0
2016 $5,141 $266,200 $0 $0
2015 $4,941 $242,000 $0 $0
2014 $4,478 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11032137

BeachesMLS

APN: 24-43-47-04-10-002-0502