Atlantic Luxury Advisors

550 S Ocean Boulevard #1202

Boca Raton, FL 33432

$1,750,000
2
2
1,479 sq ft
1974
1 car
Condominium
$1,647/mo
Yes
Yes
4
Active

Listing courtesy of United Realty Group Inc (Darinka Savovic). Contact: [email protected].

About this home

Rarely available South East corner unit at the Chalfonte, with beautiful unobstructed views of the Atlantic Ocean, lots of natural light, and an extra-large terrace ideal for sunrise relaxation and evening entertaining. This 2-bed, 2-bath layout is ready to be redesigned exactly the way you want it, with your own vision, finishes and appliances. Enjoy resort-style oceanfront living on Boca's prestigious "Golden Mile" with 24-hour security, private beach access, oceanfront pool and spa, fitness center, tennis and pickleball courts, putting green, private marina, BBQ areas, social rooms, library and business center. Minutes from fine dining and boutique shopping at Mizner Park, Royal Palm Plaza and The Boca Raton Resort, plus outdoor recreation at Gumbo Limbo Nature Center and Red Reef Park.

What it costs to own
Estimated monthly payment
$14,079/mo
Principal and interest
$8,849
Property tax
$2,491
Homeowners insurance
$1,092
HOA
$1,647

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$29,894/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$1,647/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

Chalfonte Condo Apt was built in 1974, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.