550 S Ocean Boulevard, #1003, Boca Raton, FL, 33432 | $1,495,000

Sweeping Atlantic Ocean views and spectacular sunrises define this beautifully positioned 10th-floor residence at The Chalfonte, one of Boca Raton's most sought-after oceanfront communities. Offering a spacious split-bedroom floor plan with 2 bedrooms and 2 baths, this light-filled home captures breathtaking blue water views from the main living areas, breakfast room, and expansive private balcony, creating an exceptional setting for everyday coastal living. Inside, generous living and dining spaces are bathed in natural light and designed for both relaxed living and effortless entertaining. The bright, neutral interior is complemented by an updated kitchen featuring quartz countertops, stainless steel appliances, a subway tile backsplash, and a charming breakfast area where every morning begins with beautiful ocean views. The spacious primary suite offers abundant closet space, and a well-appointed bath, while the private guest suite provides a welcoming retreat for family and friends. Step outside to the oversized covered balcony, where there's ample space for both lounging and outdoor dining while enjoying panoramic ocean views, refreshing coastal breezes, and unforgettable sunrises over the Atlantic. The Chalfonte has recently completed an extensive multimillion-dollar transformation, introducing beautifully redesigned lobbies, elegant gathering spaces, and enhanced common areas that create the feel of a luxury coastal resort. Residents enjoy direct private beach access, two oceanfront swimming pools, a state-of-the-art fitness center, private marina, waterfront pavilion, barbecue areas, 24-hour attended security, and beautifully landscaped grounds. One of The Chalfonte's most distinctive features is its rare setting between the Atlantic Ocean and picturesque Lake Boca. The community's tennis and pickleball court overlooks Lake Boca, offering one of the most scenic recreational settings in Boca Raton. Combined with the private marina and immediate proximity to the Boca Inlet, few oceanfront communities offer such a unique blend of beachfront living, boating, and resort-style amenities. Ideally located on prestigious South Ocean Boulevard, just moments from Mizner Park, world-class dining, luxury shopping, private clubs, and downtown Boca Raton, this exceptional residence offers the opportunity to experience one of South Florida's most desirable beachfront lifestyles.

Features

  • Parking: Assigned, Guest, Underground, Under Building, Garage, Detached Garage
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Levels: 23
  • Amenities: Elevator(s), Fitness Center, Management, Picnic Area, Parking, Pool, Storage, Tennis Court(s), Manager On Site, Trash Chute, Bike Storage, Community Room, Internet Included, Library, Lobby, Pickleball Court(s)
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, In Kitchen, Washer Hookup
  • Complex: CHALFONTE CONDO
  • Year Built: 1974
  • Common Charge: $1,647 Monthly
  • Approx Sq. Feet: 1,446
  • Est. Taxes: $16,425
  • View: Pool, Water, Intracoastal, Lake, Ocean, Beach
  • Water Front: Yes
  • Boat Service: Marina
  • Elem. School: Boca Raton
  • Middle School: Boca Raton Community
  • High School: Boca Raton
  • Pet Policy: No
  • Appliances: Electric Water Heater, Cooktop, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer, Range
  • MLS#: B26048880
  • Website: https://www.raveis.com
    /prop/B26048880/550soceanboulevard_bocaraton_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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550 S Ocean Boulevard, #1003, Boca Raton, FL, 33432

$1,495,000

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 $1,196,000 $1,196,000 $1,196,000
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 $1,369 $1,369 $1,369
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,980 $7,171 $10,093
Total Monthly Payment $8,474 $8,665 $11,587

* 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.