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Under Contract
3 Days on Market
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$1,750,000

550 S Ocean Boulevard 1202

Boca Raton, FL 33432

CHALFONTE CONDO

Explore the area: Boca Raton homes for sale · Palm Beach County real estate

How this price compares

Asking price
$1,750,000
Price per sq ft
$1,183
Vs. nearby sales
28% above
Days on market
3

This 2-bedroom condo in Chalfonte Condo went under contract with an asking price of $1,750,000, or $1,183 per square foot. It spent 3 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $924 per square foot, so the asking price was 28% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,479
Living Sq Ft
1974
Year Built

Estimated monthly payment

$9,197 /mo

Principal and interest only, based on $350,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$1,750,000
Days on Site
3 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,479 sqft
Total Sq Ft
1,712 sqft
Year Built
1974
Property Type
Condo
MLS #
B26084349
Property Tax
$21,470 (2025)
HOA Fees
$4,942 / Quarterly
Subdivision
CHALFONTE CONDO
Development
CHALFONTE CONDOMINIUM
County
Palm Beach
Status
Under Contract
Special Conditions
Standard / Listed As Is

About This Property

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.

General Features

Property Type
Condo
Status
Under Contract
Year Built
1974
Property Condition
Resale
Number of Stories
23
Levels
One
Garage Spaces
1
Parking
Assigned / Covered / Detached / Garage / Garage Door Opener / Guest
Direction Faces
Southeast
Lot Size (Acres)
0
Living Sq Ft
1,479
Total Sq Ft
1,712
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
R-5-A—RESIDENTI

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Oven / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Carpet / Ceramic Tile / Parquet
Interior Features
Breakfast Area / Dining Area / Separate Formal Dining Room / Multiple Primary Suites / Multiple En Suite Bathrooms / Split Bedrooms / Walk In Closets
Laundry
Washer Hookup / Electric Dryer Hookup / In Unit / Washer Dryer Install Allowed
Windows
Storm Windows
Main Level Bedrooms
2
Main Level Baths
2
Total Rooms
5
Furnished
Unfurnished

Exterior Features

Construction
CBS Concrete Block Structure / Block / Concrete
Roof
Flat
Exterior Features
Outdoor Living Area
Pool Features
Association / Heated
Patio & Porch
Terrace
Lot Features
Sprinklers Automatic
Waterfront
Yes
Waterfront Features
Intracoastal Access / Ocean Access / Ocean Front / Shoreline Sand
View
Beach / City / Garden / Intercoastal / Lake / Ocean / Pool / Water

Community & HOA

HOA Fee
$4,942 / Quarterly
HOA Name
Chalfonte Condominium Apartments Association, Inc.
HOA Includes
Common Areas / Cable Tv / Maintenance Grounds / Pest Control / Pools / Reserve Fund / Sewer / Security / Trash / Water / Internet
Association Amenities
Beach Rights / Basketball Court / Beach Access / Billiard Room / Bike Storage / Boating / Business Center / Clubhouse / Community Kitchen / Car Wash Area / Fitness Center / Maintenance Grounds / Laundry / Library / Management / Picnic Area / Pickleball / Pool / Parking / Putting Greens / Spa Hot Tub
Community Features
Boat Facilities / Marina / Property Manager On Site
Security
Building Security / Fire Alarm / Fire Sprinkler System / Secured Garage Parking / Lobby Secured / Smoke Detectors / Security Guard
Utilities
Cable Available / Electricity Available / Sewer Available / Water Available
Pets Allowed
No
Financing Terms
Cash / Conventional
Restrictions
Buyer Approval Required / Limited Number Vehicles / No Lease2nd Year Owned / No Commercial Vehicles / Ok To Lease
MLS Area
4160

This home's HOA fee works out to $1,647 a month, in line with the $1,647 median across 7 homes for sale in Chalfonte Condo. See Chalfonte Condo HOA fees

Schools

Elementary School
Boca Raton
Middle School
Boca Raton Community
High School
Boca Raton

Chalfonte Condo is a luxury waterfront, luxury community in Boca Raton, Palm Beach County, Florida. Properties are priced from $1,500,000 to $2,400,000. Pure Equity lists homes in Chalfonte and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
7
Median List Price
$1,695,000
Median $/Sq Ft
$1,172
Avg Days on Market
122
View all 7 homes for sale in Chalfonte →
How do I schedule a tour of 550 S Ocean Boulevard 1202, Boca Raton, FL 33432?
Use the Tour button on this listing to request a showing of 550 S Ocean Boulevard 1202, Boca Raton, FL 33432. 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 550 S Ocean Boulevard 1202, Boca Raton, FL 33432 still available?
550 S Ocean Boulevard 1202, Boca Raton, FL 33432 is currently listed as Under Contract, and has been on the market 3 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 550 S Ocean Boulevard 1202, Boca Raton, FL 33432?
With 20% down ($350,000) on the $1,750,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 550 S Ocean Boulevard 1202, Boca Raton, FL 33432 is about $9,197/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 550 S Ocean Boulevard 1202, Boca Raton, FL 33432?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 550 S Ocean Boulevard 1202, Boca Raton, FL 33432. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 550 S Ocean Boulevard 1202, Boca Raton, FL 33432 have an HOA fee?
Yes: 550 S Ocean Boulevard 1202, Boca Raton, FL 33432 carries an HOA fee of about $4,942 quarterly (Chalfonte Condominium Apartments Association, Inc.). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 550 S Ocean Boulevard 1202, Boca Raton, FL 33432?
550 S Ocean Boulevard 1202, Boca Raton, FL 33432 is zoned for Boca Raton (elementary), Boca Raton Community (middle), Boca Raton (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 550 S Ocean Boulevard 1202, Boca Raton, FL 33432?
Often, yes. The right offer on 550 S Ocean Boulevard 1202, Boca Raton, FL 33432 depends on how it's priced against comparable condo sales in Boca Raton, 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 United Realty Group Inc

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 October 5, 2026.

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Listed by Darinka Savovic, United Realty Group Inc

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