$1,650,000
SOLD APR 1, 2025
2 Beds
2 Baths
1,448 Sq Ft
$1,569/mo HOA Fee

Recently Sold

$1,140 Per Sq Ft

27% Below List Price

267 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • Community Pool

About This Home

As of April 2025

Welcome to 550 South Ocean Blvd #1905 in Boca Raton's exclusive Chalfonte, where luxury living meets breathtaking oceanfront views. This impeccably renovated 19th-floor 2 bed/2 bath residence offers a serene oasis w/panoramic vistas of the Atlantic Ocean from every room. Step into modern elegance w/floor-to-ceiling impact glass, LED lighting & porcelain flooring throughout. The chef's kitchen is a culinary delight featuring custom cabinetry, Fisher & Paykel appliances, quartz waterfall island & sleek finishes. Tranquility awaits in the primary bedroom suite w/spa bathroom & custom closets. The Chalfonte boasts a 24-hr staffed lobby, heated pools & spa, two tennis courts, fitness center, boat dock, pickleball & beach umbrella service, the perfect blend of tranquility, luxury & convenience.

Last Agent to Sell the Property

SUZANNE PETRIZZI

The Corcoran Group License #3292607 Listed on: 05/17/2024

The Corcoran Group

Last Buyer's Agent

LINDA BESMAN

Beachfront Properties Real Estate LLC License #3301501

Beachfront Properties Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,655

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $1,569 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 1,448 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Entrance Foyer
  • Formal Dining Room
  • Tile Flooring
  • Closed Circuit Camera
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges

Schools

  • Boca Raton Elementary School
  • Boca Raton Community Middle School
  • Boca Raton Community High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434728080011905

Community Details

Overview

  • Association fees include management, cable TV, insurance, maintenance structure, parking, pest control, pool(s), recreation facilities, roof, sewer, security, trash, water
  • 378 Units
  • High-Rise Condominium
  • Chalfonte Condo Subdivision
  • 23-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Business Center
  • Community Library
  • Laundry Facilities
  • Bike Room
  • Community Storage Space

Recreation

  • 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

$21,655

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,569 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A between Palmetto Park and Camino Real on ocean side.
  • Year Built: 1974
  • Architectural Style: High Rise
  • Entry Level: 19
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1448.0
  • Stories: 23
  • Window Features: Impact Glass

Exterior Features

  • View: Intercoastal, Lagoon, Ocean, Pool
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access, Ocean Front
  • 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, Covered, Garage, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Closed Circuit Camera(s), Door Man, Security Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1569.0
  • Community Features: Non-Gated, Park, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Putting Green(s), Spa/Hot Tub, Storage, Tennis Court(s), Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

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

Schools

  • Elementary School: Boca Raton
  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel #: 06434728080011905
  • Zoning Description: R5A(ci

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 21655.0

Multi Family

  • Number Of Units In Community: 378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Apr 1, 2025
Sold by
Ackerley Leland C
Bought by
Sussman Marc M
Seller's Agent
SUZANNE PETRIZZI
The Corcoran Group
Buyer's Agent
LINDA BESMAN
Beachfront Properties Real Estate LLC
List Price
$2,250,000
Sold Price
$1,650,000
Premium/Discount to List
-$600,000
-26.67%
Views
29
Current Estimated Value
$1,630,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,379
Avg. Annual Appreciation
-0.61%
Original Mortgage
$1,402,500
Outstanding Balance
$1,400,125
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$246,438

Purchase Details

Listed on
Jul 4, 2020
Closed on
Aug 21, 2020
Sold by
Sayegh Alexandre
Bought by
Ackerley Leland C
Seller's Agent
Ana Londono
Lang Realty/BR
Buyer's Agent
SUZANNE PETRIZZI
The Corcoran Group
List Price
$1,245,000
Sold Price
$1,150,000
Premium/Discount to List
-$95,000
-7.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%

Purchase Details

Listed on
May 25, 2019
Closed on
Jun 28, 2019
Sold by
Albert Susan and Estate Of Sanford Albert
Bought by
Sayegh Alexandre
Seller's Agent
Phyllis Casey
Luxury Florida Realty Inc.
Buyer's Agent
Ana Londono
Lang Realty/BR
List Price
$899,000
Sold Price
$730,000
Premium/Discount to List
-$169,000
-18.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.96%

Purchase Details

Closed on
Jul 1, 2005
Sold by
Albert Jay S and Albert Susan S
Bought by
Nemeroff Susan S

Purchase Details

Closed on
Aug 11, 2001
Sold by
Baysek Annette C
Bought by
Albert Jay S
Source: Public Records

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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 $1,650,000 Attorneys Signature Title
Warranty Deed $1,150,000 Princeton T&E Llc
Personal Reps Deed -- Attorney
Warranty Deed $365,000 Attorney
Warranty Deed $365,000 Attorney
Interfamily Deed Transfer -- --
Personal Reps Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,402,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $1,650,000 0.0% $1,140 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
11/21/2024 11/21/24 Price Changed $1,650,000 -15.4% $1,140 / Sq Ft
07/15/2024 07/15/24 Price Changed $1,950,000 -13.3% $1,347 / Sq Ft
05/22/2024 05/22/24 For Sale $2,250,000 +95.7% $1,554 / Sq Ft
08/25/2020 08/25/20 Sold $1,150,000 -7.6% $794 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $1,245,000 +70.5% $860 / Sq Ft
06/28/2019 06/28/19 Sold $730,000 -18.8% $491 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $899,000 -- $604 / 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 $10,901 $1,231,175 -- --
2023 $21,655 $1,119,250 $0 $0
2022 $19,087 $1,017,500 $0 $0
2021 $16,944 $925,000 $0 $925,000
2020 $12,158 $660,000 $0 $660,000
2019 $12,044 $635,000 $0 $635,000
2018 $6,606 $399,668 $0 $0
2017 $6,554 $391,448 $0 $0
2016 $6,554 $383,397 $0 $0
2015 $6,715 $380,732 $0 $0
2014 $6,739 $377,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10988687

BeachesMLS

APN: 06-43-47-28-08-001-1905