4001 N Ocean Boulevard Ph3, Boca Raton, FL 33431 — MLS photo

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4001 N Ocean Boulevard Ph3, Boca Raton, FL 33431

Active · Condominium

$2,395,000

4001 N Ocean Boulevard Ph3, Boca Raton, FL 33431

Beds
2
Baths
2
Living area
2,150 sq ft
$ / sq ft
$1,114/sq ft
Year built
1981
Lot size
—
HOA fee
$2,956 Monthly
Annual tax
$8,509

About this property

OCEANFRONT PENTHOUSE 3 - ONE OF ONLY FOUR <br><br> 1. Penthouse Views - Sunrise to Sunset.<br> PH 3 runs the full width of the building. See Sunrise over the Atlantic, with views 20 miles south to Fort Lauderdale from your SE balcony, and Sunset views over the Intracoastal and the Boca Raton skyline from your NW balcony.<br><br> 2. Penthouse Privacy.<br> On the 18th floor, the top of the building, with a keyed private elevator, 9-foot ceilings, and impact glass.<br><br> 3. All Assessments Paid - 2025-2026 Modernized Building<br> Enjoy the peace of mind that comes with living in a fully modernized building. A $14M update in 2025 - 2026, with cutting-edge structural modernizations, state-of-the-art concrete restoration, impact glass, and contemporary architectural finishes.<br><br> 4. Space That Grows with You.<br> 3,015 deeded SF includes 2,538 SF of indoor and outdoor living, with 2,150 SF under air. The extra-large 1,038 SF master and guest suite wing can be converted into a third bedroom, office, or flex room.<br><br> 5. Security.<br> 24/7 manned, multi-tiered gated security and CCTV.<br><br> 6. 38-Acre Private Resort Lifestyle<br> Private beach with concierge chair and umbrella service, a deep-water marina, pools, spas, tennis and pickleball, fitness centers, and EV charging. Adjacent to Spanish River Park and minutes from Mizner Park and downtown Boca Raton.<br> 7. Deeded Side-by-Side Interior Parking and Private Storage.<br><br> 8. Flexible Terms.<br> Closing possible by 12/31/26, seller leaseback available and Bitcoin (BTC) purchase options considered.

Property location

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4001 N Ocean Boulevard Ph3, Boca Raton, FL 33431

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
2,150 sq ft
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Wet Bar, Bathtub, Dual Sinks, Eat In Kitchen, Shower Only, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1981
Stories
18
Lot size
0 sq ft
Architectural style
High Rise, Penthouse
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Storm Security Shutters
Pool
None, Association, Community
Spa
In Ground
Waterfront
Intracoastal Access
View
Garden, Intercoastal, Ocean

Parking

Garage spaces
2
Covered spaces
2
Parking features
Garage, Two Or More Spaces

HOA, Community & Financials

Association fee
$2,956 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Security, Trash
Amenities
Boat Dock, Marina, Elevators, Management, Pool, Guard, Security, Trash
Security
Gated With Guard, Security Guard
Pets allowed
No
Annual tax
$8,509
Subdivision
SEA RANCH CLUB OF BOCA I C
County
Palm Beach
Days on market
295
MLS listing ID
R11148555
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

-$7,005

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.5%
Gross yield
5.2%
Mortgage payment
$11,354/mo
Down payment
$598,750
Loan amount
$1,796,250
Annual NOI
$52,179

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