Atlantic Luxury AdvisorsKeller Williams Realty Services

48 photos

550 S Ocean Blvd #1003

Boca Raton, FL 33432

$1,495,000
2
2
1,446 sq ft
1974
1 car
Condominium
$1,647/mo
Yes
Yes
0
Active

Listing courtesy of Lynn Realty Group. Contact: [email protected].

About this home

Sweeping Atlantic Ocean views and spectacular sunrises welcome you to this beautifully positioned 10th-floor residence at The Chalfonte, one of Boca Raton's premier oceanfront communities. This spacious 2-bedroom, 2-bath residence features a desirable split-bedroom floor plan, abundant natural light, and breathtaking ocean views from the main living areas, breakfast room, and expansive private balcony. The light and bright interior offers generous living and dining spaces, ideal for both everyday living and entertaining. The updated kitchen features quartz countertops, stainless steel appliances, subway tile backsplash, and a charming breakfast area overlooking the Atlantic. The spacious primary suite offers ample closet space and a well-appointed bath, while the private guest suite provides comfort and privacy for family and guests. The oversized covered balcony is a true highlight, offering plenty of room for outdoor dining and lounging while enjoying panoramic ocean views, refreshing coastal breezes, and unforgettable sunrises. The Chalfonte has recently completed an extensive multimillion-dollar renovation, transforming its lobbies, gathering areas, and common spaces into an elegant, resort-inspired coastal setting. 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. Uniquely situated between the Atlantic Ocean and picturesque Lake Boca, The Chalfonte offers an exceptional combination of beachfront and boating lifestyles. Residents also enjoy a scenic tennis and pickleball court overlooking Lake Boca, along with convenient access to the Boca Inlet. Ideally located on prestigious South Ocean Boulevard, just moments from Mizner Park, downtown Boca Raton, world-class dining, luxury shopping, and private clubs, this exceptional residence presents an outstanding opportunity to enjoy the best of Boca Raton oceanfront living.

Virtual tour
What it costs to own
Estimated monthly payment
$12,260/mo
Principal and interest
$7,560
Property tax
$2,120
Homeowners insurance
$933
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
$25,434/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.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

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
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

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.