NOT LISTED FOR SALE

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

Estimated Value: $1,578,600 - $1,967,000

2 Beds
2 Baths
1,479 Sq Ft
$1,419/mo HOA Fee

Last Sold May 01, 2024

Last sale price $1,750,000 $1,183 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $12,297/month

286 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • Boca Raton Community Middle School Rated A-
  • Boat Ramp
  • Community Pool

About This Home

As of May 2024

Great opportunity to own a coveted corner unit at the Chalfonte, Boca Raton's prime beachfront high-rise. With panoramic views of the ocean and Lake Boca from every room, this beautiful high floor unit features an open floor plan and updated details all around. The oversized wraparound balcony, directly facing the ocean, is perfect for entertainment and relaxation. Adjacent to the renowned Boca Raton Beach Club and a short walk from Mizner Park with access to upscale shopping, dining, and nature parks. Resort-style amenities include modern fitness center, direct beach access, large swimming pool, hot tub, Japanese style gardens, BBQ grills, tennis/pickleball courts, and a 16-boat slip marina. Impact windows; 24/7 security with surveillance cameras. Enjoy true luxury coastal living.

Last Agent to Sell the Property

Darinka Savovic

United Realty Group Inc License #3490010 Listed on: 06/02/2023

United Realty Group Inc

Last Buyer's Agent

Ana Londono

Lang Realty/BR License #3053100

Lang Realty/BR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,352

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $1,419 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Garden

Home Design

  • Entry on the 12th floor

Interior Spaces

  • 1,479 Sq Ft Home
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Open Floorplan
  • Tile Flooring
  • Closed Circuit Camera

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Property has ocean access
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434728080011201

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, legal/accounting, maintenance structure, pest control, reserve fund, roof, sewer, security, trash, water, internet
  • 378 Units
  • Chalfonte Subdivision
  • 23-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Business Center
  • Community Library
  • Laundry Facilities
  • Elevator
  • Bike Room
  • Community Storage Space
  • Community Wi-Fi

Recreation

  • Boat Ramp
  • Boating
  • Community Basketball Court
  • Community Spa
  • Putting Green

Security

  • Security Guard
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,352

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,419 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A, South of Palmetto Park Road, before inlet bridge, North of Camino Real, on the ocean.
  • Year Built: 1974
  • Entry Level: 12
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Closet Cabinetry, Dual Sinks, Entrance Foyer, Family/Dining Room, Kitchen/Dining Combo, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1479.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 23
  • Window Features: Blinds, Impact Glass, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Intercoastal, Ocean, Pool, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • 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, Ceiling Fan(s), Electric
  • 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: 1419.0
  • Community Features: Boat Facilities, Internet Access, Non-Gated, Pickleball, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Billiard Room, Bike Storage, Business Center, Clubhouse, Laundry, Library, Pickleball, Pool, Putting Green(s), Spa/Hot Tub, Storage, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Parcel #: 06434728080011201
  • Lot Size: East of US-1
  • Zoning Description: R5A(ci

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 16352.0

Multi Family

  • Number Of Units In Community: 378

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 Buyer Sale Price Title Company
Stefanson Vacation Limited Partnership $1,750,000 Ivy League Title
Stefanson Vacation Limited Partnership $1,750,000 Ivy League Title
Willner Michael J $850,000 Sunbelt Title Agency
Sella Enzo J $550,000 Florida Title & Closing Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stefanson Vacation Limited Partnership $767,000
Closed Stefanson Vacation Limited Partnership $767,000
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: R10894375

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 since 02 June 2023 and is currently estimated at $1,732,650, approximately $1,171 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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