Price Check
How this price compares
- Asking price
- $425,000
- Price per sq ft
- $227
- Vs. nearby sales
- 5.6% above
- Days on market
- 156
This 3-bedroom townhouse in Ocean Cay went under contract with an asking price of $425,000, or $227 per square foot. The asking price has come down 6.6% from its original $455,000. It spent 156 days on the market before going under contract. The 5 most recent townhouse sales in the closings shown below sold at a median of $215 per square foot, so the asking price was 5.6% above what comparable homes here actually sold for.
Estimated monthly payment
$2,234 /mo
Principal and interest only, based on $85,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $365/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $425,000
- Days on Site
- 156 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 1,876 sqft
- Total Sq Ft
- 2,316 sqft
- Lot Size
- 0.03 Acres
- Year Built
- 2003
- Property Type
- Townhouse
- MLS #
- B26018066
- Property Tax
- $6,294 (2025)
- HOA Fees
- $365 / Monthly
- Subdivision
- OCEAN CAY
- Development
- Ocean Cay
- County
- Palm Beach
- Status
- Under Contract
- Special Conditions
- Standard / Listed As Is
About This Property
This 3-bedroom, 2.5-bath townhouse in Ocean Cay offers 1,876 square feet of well-designed living space combined with waterfront community living. The attached 2-car garage provides convenient parking and storage. . The thoughtful floor plan includes stainless steel appliances, plantain shutters throughout the home, large living living with additional recreational or 4th bedroom space. . AC is 2024. Centrally located to shopping, highways and marinas.
MLS media linkGeneral Features
- Property Type
- Townhouse
- Status
- Under Contract
- Year Built
- 2003
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- Multi Split / Three Or More
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Garage / Garage Door Opener / Guest
- Direction Faces
- South
- Lot Size (Acres)
- 0.03
- Living Sq Ft
- 1,876
- Total Sq Ft
- 2,316
- Structure Type
- Townhouse
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RH (city)
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Water Heater / Freezer / Ice Maker / Microwave / Refrigerator / Water Heater
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Ceramic Tile / Laminate
- Interior Features
- Breakfast Bar / Cathedral Ceilings / Dual Sinks / Eat In Kitchen / Jetted Tub / Separate Shower / Walk In Closets
- Laundry
- Inside
- Windows
- Blinds / Plantation Shutters
- Main Level Bedrooms
- 0
- Main Level Baths
- 1
- Total Rooms
- 6
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Tile
- Exterior Features
- Courtyard / Outdoor Living Area / Uncovered Courtyard
- Pool Features
- Association
- Lot Features
- Less Than Quarter Acre
- Waterfront Features
- Other
- View
- Garden / Intercoastal
Community & HOA
- HOA Fee
- $365 / Monthly
- HOA Name
- Ocean Cay
- HOA Includes
- Common Areas / Maintenance Grounds
- Association Amenities
- Picnic Area / Pool
- Community Features
- Home Owners Association / Gated
- Security
- Security Gate / Gated Community
- Utilities
- Cable Available / Electricity Not Available
- Pets Allowed
- Number Limit / Pet Fee / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- No Commercial Vehicles / No Rv / No Truck / Ok To Lease / Rental Restriction
- MLS Area
- 4200
This home's HOA fee works out to $365 a month, in line with the $375 median across 3 homes for sale in Ocean Cay. See Ocean Cay HOA fees
Schools
- Elementary School
- Rolling Green
- Middle School
- Lantana Community
- High School
- Boynton Beach
About the Community
- Homes for Sale
- 3
- Under Contract
- 1
- Median List Price
- $445,000
- Median $/Sq Ft
- $239
- Avg Days on Market
- 51
Frequently Asked Questions
- How do I schedule a tour of 118 Ocean Cay Way, Hypoluxo, FL 33462?
- Use the Tour button on this listing to request a showing of 118 Ocean Cay Way, Hypoluxo, FL 33462. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 118 Ocean Cay Way, Hypoluxo, FL 33462 still available?
- 118 Ocean Cay Way, Hypoluxo, FL 33462 is currently listed as Under Contract, and has been on the market 156 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 118 Ocean Cay Way, Hypoluxo, FL 33462?
- With 20% down ($85,000) on the $425,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 118 Ocean Cay Way, Hypoluxo, FL 33462 is about $2,234/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 118 Ocean Cay Way, Hypoluxo, FL 33462?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 118 Ocean Cay Way, Hypoluxo, FL 33462. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 118 Ocean Cay Way, Hypoluxo, FL 33462 have an HOA fee?
- Yes: 118 Ocean Cay Way, Hypoluxo, FL 33462 carries an HOA fee of about $365 monthly (Ocean Cay). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 118 Ocean Cay Way, Hypoluxo, FL 33462?
- 118 Ocean Cay Way, Hypoluxo, FL 33462 is zoned for Rolling Green (elementary), Lantana Community (middle), Boynton Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 118 Ocean Cay Way, Hypoluxo, FL 33462?
- Often, yes. The right offer on 118 Ocean Cay Way, Hypoluxo, FL 33462 depends on how it's priced against comparable townhouse sales in Hypoluxo, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of RE/MAX Direct
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$425,000
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Listed by Kerri Ann Ballinger, RE/MAX Direct
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Recent Sales
Recently sold homes in Ocean Cay
These are the last 5 recorded closings in Ocean Cay, with the price each home actually sold for rather than what it was listed at. They closed at a median of $215 per square foot. The most recent closed on August 31, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$420,000
Sold · August 31, 2026
107 Ocean Cay Way
3 bed · 2.5 bath · 1,514 sqft · $277/sqft
$12,000 under the asking price
Sold$305,000
Sold · June 16, 2026
115 Ocean Cay Way
3 bed · 2.5 bath · 2,089 sqft · $146/sqft
$45,500 under the asking price
Sold$460,000
Sold · June 8, 2026
126 Ocean Cay Way
4 bed · 2.5 bath · 1,876 sqft · $245/sqft
$100 over the asking price
Sold$450,000
Sold · April 30, 2026
120 Ocean Cay Way
3 bed · 2.5 bath · 2,089 sqft · $215/sqft
Sold$411,719
Sold · April 28, 2026
130 Ocean Cay Way
3 bed · 2.5 bath · 2,089 sqft · $197/sqft
$73,281 under the asking price
See every recorded sale in Ocean Cay or find out what your Ocean Cay home is worth.
