Direct oceanfront living in the heart of Highland Beach at a price that finally makes sense. This 2-bed, 2-bath residence at 45 Ocean sits on the 3rd floor with true ocean views from every room and a north-facing exposure that keeps the unit bright and cool all day. The open layout flows effortlessly with a spacious master suite and a flexible second bedroom perfect as a guest space, home office, or den. Brand-new 2025 roof on building with no assessments. No waiting period for rentals. Monthly fees cover cable, WiFi, security, and maintenance. Steps to the sand. One garage space included. Priced well below the building's original ask — don't miss this value. 45 Ocean is a guard gated oceanfront community in highly desirable Highland Beach, one of South Florida's most exclusive coastal towns. This unit offers some of the best direct ocean views in the building with a north-facing orientation that provides natural light and cool ocean breezes without the harsh afternoon sun. The unit is move-in ready and vacant — easy to show. Community amenities include a resort-style pool, fitness center, community room, elevator access, and on-site storage. One dedicated garage space is included — rare at this price point. The building's 2025 roof installation is complete, offering buyers peace of mind on one of the most significant capital expenditures in a condo association. The association allows rentals with no waiting period, offering flexibility for investors or part-time residents (one rental per year, 90-day minimum). Monthly fees of $1, 601 include cable, WiFi, elevator maintenance, security, trash, and grounds maintenance. One pet welcome (15 lb max). Located just north of Boca Raton, minutes from world-class dining, shopping, and the Intracoastal. Priced aggressively for a quick sale.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $179 | $179 | $179 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,586 | $2,652 | $3,488 |
| Total Monthly Payment | $2,857 | $2,923 | $3,759 |
* 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.