NOT LISTED FOR SALE

Chalfonte Condos (South Tower) 550 S Ocean Blvd Unit 1603 Boca Raton, FL 33432

Estimated Value: $1,493,000 - $1,581,000

2 Beds
2 Baths
1,446 Sq Ft
$1,569/mo HOA Fee

Last Sold October 15, 2024

Last sale price $1,505,000 $1,041 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $11,638/month

72 Days on Market

Highlights

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

About This Home

As of October 2024

Exceptional residence with breathtaking ocean to intracoastal views from every room. This 16th-floor stunning 2-bedroom condo with a beautiful open floor plan was remodeled with some of the finest designer touches. This meticulous, hard-to-find unit offers a huge oceanfront terrace ideal for entertaining, two ample split bedrooms complete with en suite bathrooms. The luxury master bath has a separate shower and soaking tub. The Chalfonte is considered one of the best condominiums in the Golden Mile in Boca. This luxury building features a renovated lobby with 24-hour manned security, a state-of-the-art exercise facility, a large beautiful social room, outside barbecues and tennis courts, and an oceanfront pool and hot tub.

Last Listed By

Ana Londono

Lang Realty/BR License #3053100 Listed on: 07/22/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,253

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $1,569 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

  • Garden

Interior Spaces

  • 1,446 Sq Ft Home
  • Formal Dining Room
  • Tile Flooring
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434728080011603

Community Details

Overview

  • Association fees include cable TV, laundry, pool(s), sewer, security, trash, water
  • 378 Units
  • Chalfonte Condo Subdivision
  • 23-Story Property

Amenities

  • Doorman

Recreation

  • Community Spa

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,253

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 ROAD AND CAMINO REAL, OCEAN SIDE.
  • Year Built: 1974
  • Entry Level: 1603
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1446.0
  • Stories: 23

Exterior Features

  • View: Garden, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: 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, Garage

Utilities

  • Security: Door Man, Smoke Detector(s)
  • Cooling: Central Air, 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: 1569.0
  • Community Features: Clubhouse, Non-Gated, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Spa/Hot Tub, Tennis Court(s), Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Cable TV, Laundry, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 06434728080011603
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13253.0

Multi Family

  • Number Of Units In Community: 378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Oct 15, 2024
Sold by
Siegel Estelle and Estelle Siegel Revocable Trust
Bought by
Solkoff Scott M
Seller's Agent
Ana Londono
Lang Realty/BR
Buyer's Agent
Zachary Mazur
Coldwell Banker Realty /Delray Beach
List Price
$1,650,000
Sold Price
$1,505,000
Premium/Discount to List
-$145,000
-8.79%
Total Days on Market
72
Views
4
Current Estimated Value
$1,522,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,750
Avg. Annual Appreciation
0.54%
Original Mortgage
$762,500
Outstanding Balance
$760,360
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$748,980

Purchase Details

Closed on
Mar 31, 2023
Sold by
Siegel Estelle
Bought by
Estelle Siegel Revocable Trust

Purchase Details

Listed on
Oct 29, 2021
Closed on
Jan 6, 2022
Sold by
Marcia Pearlman
Bought by
Siegel Estelle
Seller's Agent
Ana Londono
Lang Realty/BR
Buyer's Agent
Scot Karp
Premier Estate Properties Inc
List Price
$1,350,000
Sold Price
$1,315,000
Premium/Discount to List
-$35,000
-2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%

Purchase Details

Listed on
Apr 30, 2015
Closed on
Jul 31, 2015
Sold by
Stevens Ralph and Ralph Stevens Revocable Trust
Bought by
Pearlman Marcia
Seller's Agent
Ana Londono
Lang Realty/BR
Buyer's Agent
Ana Londono
Lang Realty/BR
List Price
$665,000
Sold Price
$627,000
Premium/Discount to List
-$38,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%
Original Mortgage
$500,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2009
Sold by
Stevens Ralph and Stevens Pamela D
Bought by
Stevens Ralph

Range of Values:

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Average Value
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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
Solkoff Scott M $1,505,000 None Listed On Document
Estelle Siegel Revocable Trust -- None Listed On Document
Siegel Estelle $1,315,000 New Title Company Name
Pearlman Marcia $627,000 Attorney
Stevens Ralph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solkoff Scott M $762,500
Previous Owner Pearlman Marcia $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $1,505,000 -8.8% $1,041 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $1,650,000 +25.5% $1,141 / Sq Ft
01/07/2022 01/07/22 Sold $1,315,000 -2.6% $909 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $1,350,000 +115.3% $934 / Sq Ft
07/31/2015 07/31/15 Sold $627,000 -5.7% $434 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $665,000 0.0% $460 / Sq Ft
12/14/2014 12/14/14 Rented $6,000 +57.9% --
11/14/2014 11/14/14 Under Contract -- -- --
07/27/2014 07/27/14 For Rent $3,800 -- --
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 $18,840 $1,092,000 -- --
2023 $13,253 $802,900 $0 $0
2022 $14,703 $774,400 $0 $0
2021 $13,029 $715,000 $0 $715,000
2020 $11,797 $640,000 $0 $640,000
2019 $11,579 $610,000 $0 $610,000
2018 $11,241 $620,000 $0 $620,000
2017 $11,502 $625,000 $0 $0
2016 $10,853 $575,000 $0 $0
2015 $10,065 $499,125 $0 $0
2014 $9,386 $453,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ana Londono

    Seller's Agent in 2024

    Ana Londono

    Lang Realty/BR

    (786) 762-5906

    180 Total Sales

    Ana Londono
    Section Image
  • Zachary Mazur

    Buyer's Agent in 2024

    Zachary Mazur

    Coldwell Banker Realty /Delray Beach

    (561) 376-6389

    179 Total Sales

    Zachary Mazur
    Section Image

  • S

    Buyer's Agent in 2022

    Scot Karp

    Premier Estate Properties Inc

    (561) 394-7700

    145 Total Sales

    Scot Karp
    Section Image

  • P

    Buyer Co-Listing Agent in 2022

    Perry Melzer

    Compass Florida LLC

    (718) 501-7122

    18 Total Sales

    Perry Melzer
    Section Image
See All Agents

About Chalfonte Condos (South Tower)

Map

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Source: BeachesMLS

MLS Number: R11006381

BeachesMLS

APN: 06-43-47-28-08-001-1603

Florida Palm Beach County Boca Raton 33432

550 S Ocean Blvd Unit 1603, Boca Raton, FL

Homes for Sale in Boca Raton, FL

This home is located at 550 S Ocean Blvd Unit 1603, Boca Raton, FL 33432 since 22 July 2024 and is currently estimated at $1,522,750, approximately $1,053 per square foot. This property was built in 1974. 550 S Ocean Blvd Unit 1603 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.