2727 S Ocean Boulevard 403, Highland Beach, FL 33487 — MLS photo

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2727 S Ocean Boulevard 403, Highland Beach, FL 33487

Active · Condominium

$4,500,000

2727 S Ocean Boulevard 403, Highland Beach, FL 33487

Beds
3
Baths
3
Living area
2,510 sq ft
$ / sq ft
$1,793/sq ft
Year built
1982
Lot size
—
HOA fee
$2,863 Monthly
Annual tax
$25,152

About this property

Step into this contemporary masterpiece with spectacular ocean views everywhere you look with a wrap around balcony that goes on for days. Lots of thought & time went into making this property feel truly homey yet sophisticated finishes you can appreciate all around you. The owner went all out with an interior designer & has only gotten to enjoy the property a handful of times. The building just underwent a complete renovation as well which was an extensive project for the last several years. So you basically will be moving into your new property in a new building with all the hard work done! Don't miss your chance to own one of the nicest units in one of the most unique buildings in Palm Beach county, that's on the ocean with boat dockage across the street & resort amenities.

Property location

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2727 S Ocean Boulevard 403, Highland Beach, FL 33487

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,510 sq ft
Flooring
Carpet, Ceramic Tile, Marble
Appliances
Dryer, Dishwasher, Electric Range, Freezer, Disposal, Microwave, Washer
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Breakfast Area, Dining Area, Separate Formal Dining Room, Dual Sinks, French Doors Atrium Doors, Kitchen Island, Kitchen Dining Combo, Shower Only, Separate Shower, Walk In Closets
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1982
Stories
14
Architectural style
High Rise
Construction
Block
Exterior features
Porch
Pool
None, Association, Community
View
Intercoastal, Ocean

Parking

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

HOA, Community & Financials

Association fee
$2,863 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Parking, Pest Control, Sewer, Security, Trash, Water
Amenities
Boat Dock, Cabana, Fitness Center, Management, Pool, Security, Trash, Elevators
Security
Closed Circuit Cameras, Door Man, Fire Alarm, Lobby Secured, Smoke Detectors, Security System, Security Guard
Pets allowed
No
Annual tax
$25,152
Subdivision
VILLA MAGNA CONDO
County
Palm Beach
Days on market
869
MLS listing ID
R10982405
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

-$13,713

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.1%
Gross yield
4.5%
Mortgage payment
$21,332/mo
Down payment
$1,125,000
Loan amount
$3,375,000
Annual NOI
$91,436

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