2851 S Ocean Boulevard 6n, Boca Raton, FL 33432 — MLS photo

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2851 S Ocean Boulevard 6n, Boca Raton, FL 33432

Active · Condominium

$550,000

2851 S Ocean Boulevard 6n, Boca Raton, FL 33432

Beds
2
Baths
2
Living area
1,230 sq ft
$ / sq ft
$447/sq ft
Year built
1980
Lot size
—
HOA fee
$1,348 Monthly
Annual tax
$6,072

About this property

Discover coastal living at its finest in this spacious retreat nestled in The Patrician building steps away from the pristine beach! The gorgeous seaside sanctuary boasts an abundance of natural light and soaring 9-foot ceilings, creating an open and airy ambiance through-out. This gorgeous unit has been impeccably maintained and decorated! Step outside onto the private balcony to soak in breathtaking ocean views. Experience resort-style living at The Patrician, where residents enjoy a wealth of amenities including a heated pool, fitness center, community room, and inviting lobby with around-the-clock security. Imagine a place where you can bask in the sun on sandy shores during the day and immerse yourself in the excitement of lively nightlife once the sun sets. This destination combines the best of both worlds, offering easy access to pristine beaches where you can enjoy relaxation and water activities by day, and bustling nightlife scenes filled with music, entertainment, and delicious dining options by night.

Property location

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2851 S Ocean Boulevard 6n, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,230 sq ft
Flooring
Marble
Appliances
Built In Oven, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Eat In Kitchen, Living Dining Room, Main Level Primary, Split Bedrooms, Tub Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1980
Stories
7
Lot size
0 sq ft
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Patio
Pool
None, Association, Community
View
Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Garage, Guest, One Space

HOA, Community & Financials

Association fee
$1,348 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Hot Water, Insurance, Laundry, Pest Control, Security, Water
Amenities
Controlled Access, Fitness Center, Laundry, Barbecue, Picnic Area, Pool, Storage, Trash, Elevators
Security
Closed Circuit Cameras, Intercom, Key Card Entry, Lobby Secured, Phone Entry, Security System, Fire Sprinkler System, Smoke Detectors
Pets allowed
No
Annual tax
$6,072
Subdivision
PATRICIAN CONDO
County
Palm Beach
Days on market
903
MLS listing ID
R10979315
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,428

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.1%
Gross yield
8.1%
Mortgage payment
$2,607/mo
Down payment
$137,500
Loan amount
$412,500
Annual NOI
$14,154

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.