700 S Ocean Boulevard, #705, Boca Raton, FL, 33432 | $1,295,000

Your Boca Raton beachfront pied-à-terre awaits. Imagine waking each morning to panoramic Atlantic Ocean views from every room in this exceptional direct oceanfront residence, perfectly positioned on the sand just moments from The Boca Raton Beach Club, dining, shopping, and downtown Boca Raton. Designed for effortless luxury and complete privacy, the desirable split-bedroom floor plan features two oceanfront bedrooms with walk-in closets, plus a dedicated office nook ideal for working remotely or planning your next day in paradise. The beautifully updated chef's kitchen showcases a premium appliance package including Sub-Zero refrigeration, Wolf cooking appliances, and Miele dishwasher and washer/dryer. Offered turnkey for immediate enjoyment with 2 oversized storage lockers one conveniently located on the same floor as the residence and a second on the garage level, providing exceptional space for beach equipment, luggage, bicycles, seasonal décor, and personal belongings. Designer furnishings are available separately. Whether you are seeking a sophisticated full-time residence, seasonal retreat, or lock-and-leave luxury escape, this residence delivers the ultimate East Boca beachfront lifestyle without the maintenance of a larger home. Beach Club membership at The Boca Raton is not included and subject to application. An exceptional opportunity to own an elegant oceanfront residence in one of Boca Raton's most desirable beachfront addresses.

Features

  • Parking: Deeded, Under Building, Garage, Attached Garage
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Levels: 12
  • Amenities: Beach Access, Elevator(s), Fitness Center, Management, Parking, Pool, Storage, Manager On Site, Trash Chute, Bike Storage, Community Room, Library, Lobby
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Closet, Inside, In Unit, Washer Hookup
  • Complex: SABAL POINT APTS CONDO
  • Year Built: 1965
  • Common Charge: $5,483 Quarterly
  • Approx Sq. Feet: 1,291
  • Est. Taxes: $9,224
  • View: Pool, Water, Intracoastal, Ocean
  • Adult Communities: Yes
  • Water Front: Yes
  • Elem. School: Boca Raton
  • Middle School: Boca Raton Community
  • High School: Boca Raton
  • Pet Policy: No
  • Appliances: Electric Water Heater, Cooktop, Dryer, Disposal, Dishwasher, Microwave, Oven, Refrigerator, Water Heater, Washer
  • MLS#: B26015578
  • Website: https://www.raveis.com
    /prop/B26015578/700soceanboulevard_bocaraton_fl?source=qrflyer
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William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

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888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Joseph HartleyInsurance Sales Director, William Raveis Insurance

954.729.6530

Joseph.Hartley@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

700 S Ocean Boulevard, #705, Boca Raton, FL, 33432

$1,295,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,036,000 $1,036,000 $1,036,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.251% 6.121% 6.183%
Monthly Tax Payment $769 $769 $769
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,046 $6,211 $8,742
Total Monthly Payment $6,940 $7,105 $9,636

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.