$850,000
SOLD NOV 30, 2015

Chalfonte Condos (South Tower) 550 S Ocean Blvd Unit 1201 Boca Raton, FL 33432

2 Beds
2 Baths
1,479 Sq Ft
$989/mo HOA Fee

Recently Sold

$575 Per Sq Ft

3% Below List Price

72 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Waterfront
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of May 2024

Designed by master architect George Garrido, together with the renowned design team of Sheri Kresten and Beverly Perlin this much sought after but rarely available OCEANFRONT CORNER unit has been totally and elegantly renovated. The hall closet has been replaced with a fabulous wet bar with built in wine rack. Every window overlooks both the ocean and Lake Boca on the Intracoastal. The updated kitchen contains only the finest in appliances and cabinetry including a Bosch Refrigerator, Electrolux Range & Microwave, and a Miele Dishwasher. The hidden utility closet contains a front loading washer and dryer which are also from Bosch. Stunning neutral toned 24 inch porcelain tiles cover all flooring except for the marble covered master bath. One of the extra large walk-in

Last Agent to Sell the Property

Sheryl Rosen

Lang Realty/ BR License #3263361 Listed on: 08/19/2015

Lang Realty/ BR

Co-Listed By

Lynne Gewant

Coldwell Banker Realty /Delray Beach License #3075809

Last Buyer's Agent

Jim Leavitt

RE/MAX Select Group License #BK380942

RE/MAX Select Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,255

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $989 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Assigned Parking

Property Views

Interior Spaces

  • 1,479 Sq Ft Home
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Formal Dining Room
  • Tile Flooring
  • Closed Circuit Camera

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Reverse Cycle Heating System
  • Electric Water Heater
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 06434728080011201

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, pest control, reserve fund, roof, security, trash, water
  • 379 Units
  • High-Rise Condominium
  • Chalfonte Condo Subdivision
  • 23-Story Property

Amenities

  • Doorman
  • Game Room
  • Billiard Room
  • Business Center
  • Community Library
  • Bike Room
  • Community Storage Space

Recreation

  • Community Basketball Court
  • Community Spa
  • Putting Green
  • Park

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,255

Year Built

Built in 1974

Lot Details

0

HOA Fees

$989 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palmetto Park Blvd. East to A1A South to Bldg on East side
  • Year Built: 1974
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Split Bedrooms
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1479.0
  • Stories: 23
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill, TV Antenna
  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Security Guard, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Electric, Reverse Cycle
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 989.0
  • Community Features: Fitness Center, Game Room, Park, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Billiard Room, Bike Storage, Business Center, Clubhouse, Library, Management, Pool, Putting Green(s), Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Pest Control, Reserve Fund, Roof, Security, Trash, Water

Lot Info

  • Parcel #: 06434728080011201
  • Zoning Description: RES

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 11255.0

Multi Family

  • Number Of Units In Community: 379

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
May 1, 2024
Sold by
Willner Michael J and Willner Diane L
Bought by
Stefanson Vacation Limited Partnership
Seller's Agent
Darinka Savovic
United Realty Group Inc
Buyer's Agent
Ana Londono
Lang Realty/BR
List Price
$2,200,000
Sold Price
$1,750,000
Premium/Discount to List
-$450,000
-20.45%
Views
180
Current Estimated Value
$1,732,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,350
Avg. Annual Appreciation
-0.70%
Original Mortgage
$767,000
Outstanding Balance
$754,030
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$978,620

Purchase Details

Listed on
Aug 19, 2015
Closed on
Nov 19, 2015
Sold by
Sella Enzo J and Sella Maria T
Bought by
Willner Michael J
Seller's Agent
Sheryl Rosen
Lang Realty/ BR
Buyer's Agent
Jim Leavitt
RE/MAX Select Group
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%

Purchase Details

Closed on
May 10, 2010
Sold by
Galante Joseph
Bought by
Sella Enzo J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 $1,750,000 Ivy League Title
Warranty Deed $1,750,000 Ivy League Title
Warranty Deed $850,000 Sunbelt Title Agency
Warranty Deed $550,000 Florida Title & Closing Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $767,000 New Conventional
Closed $767,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $1,750,000 -5.4% $1,183 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
02/27/2024 02/27/24 Price Changed $1,850,000 -9.8% $1,251 / Sq Ft
01/09/2024 01/09/24 Price Changed $2,050,000 0.0% $1,386 / Sq Ft
11/01/2023 11/01/23 Rented $15,000 0.0% --
10/02/2023 10/02/23 Under Contract -- -- --
10/02/2023 10/02/23 For Rent $15,000 0.0% --
08/09/2023 08/09/23 Price Changed $2,150,000 -2.3% $1,454 / Sq Ft
06/02/2023 06/02/23 For Sale $2,200,000 0.0% $1,487 / Sq Ft
09/15/2020 09/15/20 Rented $5,000 -9.1% --
08/16/2020 08/16/20 Under Contract -- -- --
06/20/2020 06/20/20 For Rent $5,500 0.0% --
02/01/2019 02/01/19 Rented $5,500 -35.3% --
01/02/2019 01/02/19 Under Contract -- -- --
12/08/2018 12/08/18 For Rent $8,500 0.0% --
11/30/2015 11/30/15 Sold $850,000 -2.9% $575 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $875,000 -- $592 / Sq Ft
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 $20,308 $1,078,110 -- --
2023 $17,215 $980,100 $0 $0
2022 $16,352 $891,000 $0 $0
2021 $14,867 $810,000 $0 $810,000
2020 $14,686 $800,000 $0 $800,000
2019 $13,114 $732,950 $0 $0
2018 $12,281 $719,284 $0 $0
2017 $12,204 $704,490 $0 $0
2016 $12,234 $690,000 $0 $0
2015 $11,885 $610,000 $0 $0
2014 $11,255 $570,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Darinka Savovic

    United Realty Group Inc

    (561) 990-9591

    3 Total Sales

    Darinka Savovic
    Section Image
  • Ana Londono

    Buyer's Agent in 2024

    Ana Londono

    Lang Realty/BR

    (561) 843-1171

    115 Total Sales

    Ana Londono
    Section Image

  • J

    Seller's Agent in 2020

    James Shulman

    United Realty Group, Inc

    (561) 702-1371

    3 Total Sales

    James Shulman
    Section Image
  • Annelle Ripple

    Buyer's Agent in 2020

    Annelle Ripple

    Compass Florida LLC

    (305) 321-8707

    44 Total Sales

    Annelle Ripple
    Section Image

  • S

    Seller's Agent in 2015

    Sheryl Rosen

    Lang Realty/ BR

    (561) 221-2233

    29 Total Sales

    Sheryl Rosen
    Section Image
  • Lynne Gewant

    Seller Co-Listing Agent in 2015

    Lynne Gewant

    Coldwell Banker Realty /Delray Beach

    (561) 302-4711

    112 Total Sales

    Lynne Gewant
    Section Image
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About Chalfonte Condos (South Tower)

Map

Source: BeachesMLS

MLS Number: R10161137

BeachesMLS

APN: 06-43-47-28-08-001-1201

Florida Palm Beach County Boca Raton 33432

550 S Ocean Blvd Unit 1201, Boca Raton, FL

This home is located at 550 S Ocean Blvd Unit 1201, Boca Raton, FL 33432 and is currently priced at $850,000, approximately $574 per square foot. This property was built in 1974. 550 S Ocean Blvd Unit 1201 is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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