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Under Contract
0 Days on Market
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$3,300,000

700 S Ocean Boulevard 505-506

Boca Raton, FL 33432

SABAL POINT APTS CONDO

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

How this price compares

Asking price
$3,300,000
Price per sq ft
$1,107
Vs. nearby sales
30.4% above
Days on market
N/A

This 3-bedroom condo in Sabal Point Apts Condo went under contract with an asking price of $3,300,000, or $1,107 per square foot. The 4 most recent condo sales in the closings shown below sold at a median of $849 per square foot, so the asking price was 30.4% above what comparable homes here actually sold for.

3
Bedrooms
4
Bathrooms
2,982
Living Sq Ft
1965
Year Built

Estimated monthly payment

$17,343 /mo

Principal and interest only, based on $660,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $4,264/mo HOA are not included.

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Listing Snapshot

Price
$3,300,000
Days on Site
0 Days
Bedrooms
3
Total Baths
4
Full Baths
3
Partial Baths
1
Living Area
2,982 sqft
Total Sq Ft
2,982 sqft
Year Built
1965
Property Type
Condo
MLS #
B26093521
Property Tax
$12,917 (2025)
HOA Fees
$4,264 / Monthly
Subdivision
SABAL POINT APTS CONDO
Development
Sabal Point
County
Palm Beach
Status
Under Contract
Special Conditions
Standard / Listed As Is

About This Property

Rare 3 bedroom 3.5 Bath Double Corner with Direct Ocean to Lake Boca Raton Views. Bright & Peaceful SE & W Exposures. 4 Parking Spaces. 4 Storage Units. Sabal Point is a Mid Century Masterpiece Boutique Style Building on the Atlantic Ocean. The building has undergone extensive restoration and renovations. Beautiful lobby, club room, oceanfront pool, gym, and common areas. Prime Waterfront Location. Moments from Downtown Boca Raton and The Boca Resort & Club.

MLS media link

General Features

Property Type
Condo
Status
Under Contract
Year Built
1965
Property Condition
Resale
Number of Stories
12
Levels
One
Garage Spaces
2
Attached Garage
Yes
Parking
Attached Carport / Attached / Carport / Garage
Direction Faces
West
Lot Size (Acres)
0
Living Sq Ft
2,982
Total Sq Ft
2,982
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
residential

Interior Features

Appliances
Cooktop / Dryer / Dishwasher / Electric Cooktop / Electric Water Heater / Freezer / Ice Maker / Microwave / Oven / Range / Refrigerator / Water Heater / Washer
Cooling
Central Air
Heating
Central
Flooring
Marble / Other
Interior Features
Breakfast Bar / Built In Features / Bedroom On Main Level / Bathtub / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Dual Sinks / High Ceilings / Kitchen Island / Custom Mirrors / Split Bedrooms / Storage / Soaking Tub / Separate Shower / Bar / Walk In Closets
Laundry
Inside / Laundry Closet / In Unit / Other / Washer Dryer Install Allowed
Windows
Sliding / Storm Windows
Main Level Bedrooms
3
Main Level Baths
3
Total Rooms
3
Furnished
Negotiable

Exterior Features

Construction
CBS Concrete Block Structure / Block
Roof
Other
Architectural Style
Contemporary
Pool Features
Association / Heated
Lot Features
Oversized Lot / Sprinkler System
Waterfront
Yes
Waterfront Features
Ocean Access / Ocean Front
View
City / Garden / Ocean / Other / Pool / Water

Community & HOA

HOA Fee
$4,264 / Monthly
HOA Name
Sabal Point
HOA Includes
Common Areas / Insurance / Internet / Maintenance Grounds / Pest Control / Pools / Reserve Fund / Roof / Security / Trash / Water
Association Amenities
Beach Rights / Beach Access / Clubhouse / Fitness Center / Maintenance Grounds / Laundry / Library / Management / Maintenance / Pool / Security / Storage / Trash / Elevators
Community Features
Property Manager On Site
Security
Building Security / Lobby Secured
Utilities
Cable Available / Water Available
Pets Allowed
No
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
Buyer Approval Required / No Lease
MLS Area
4160

This home's HOA fee works out to $4,264 a month, 94% above the $2,200 median across 3 homes for sale in Sabal Point Apts Condo. See Sabal Point Apts Condo HOA fees

Schools

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

Sabal Point Apts Condo is an age-restricted 55+ community in Boca Raton, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $1,400,000 to $2,400,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Sabal Point Apts 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
3
Under Contract
3
Median List Price
$1,995,000
Median $/Sq Ft
$1,153
Avg Days on Market
136
View all 3 homes for sale in Sabal Point Apts →
How do I schedule a tour of 700 S Ocean Boulevard 505-506, Boca Raton, FL 33432?
Use the Tour button on this listing to request a showing of 700 S Ocean Boulevard 505-506, 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 700 S Ocean Boulevard 505-506, Boca Raton, FL 33432 still available?
700 S Ocean Boulevard 505-506, Boca Raton, FL 33432 is currently listed as Under Contract. 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 700 S Ocean Boulevard 505-506, Boca Raton, FL 33432?
With 20% down ($660,000) on the $3,300,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 700 S Ocean Boulevard 505-506, Boca Raton, FL 33432 is about $17,343/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 700 S Ocean Boulevard 505-506, Boca Raton, FL 33432?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 700 S Ocean Boulevard 505-506, 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 700 S Ocean Boulevard 505-506, Boca Raton, FL 33432 have an HOA fee?
Yes: 700 S Ocean Boulevard 505-506, Boca Raton, FL 33432 carries an HOA fee of about $4,264 monthly (Sabal Point). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 700 S Ocean Boulevard 505-506, Boca Raton, FL 33432?
700 S Ocean Boulevard 505-506, 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 700 S Ocean Boulevard 505-506, Boca Raton, FL 33432?
Often, yes. The right offer on 700 S Ocean Boulevard 505-506, 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 William Raveis Real Estate

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 November 15, 2026.

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Listed by Matthew Bachrad, William Raveis Real Estate

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