725 S Ocean Boulevard 206, Boca Raton, FL 33432 — MLS photo

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725 S Ocean Boulevard 206, Boca Raton, FL 33432

Active · Condominium

$10,995,000

725 S Ocean Boulevard 206, Boca Raton, FL 33432

Beds
3
Baths
4
Living area
4,236 sq ft
$ / sq ft
$2,596/sq ft
Year built
2023
Lot size
—
HOA fee
$8,330
Annual tax
—

About this property

Boca Beach Residences, waterfront Luxury living on Lake Boca! Perfectly positioned directly across the water from The Boca Raton & a short walk to The Boca Beach Club. This Exceptional 4,200 SF residence was meticulous designed by a top designer. It showcases statement millwork with integrated LED inlay lighting throughout, 48'' x 48'' marble flooring, a foyer that welcomes you with a dramatic agate stone feature and a fully custom chef's kitchen designed by Mia Cucina and exceptional appliances by Gaggenau. This home features a primary suite directly on Lake Boca with a generous balcony to enjoy your morning coffee or a cocktail at night. A custom closet to feature your beloved possessions as if you were in a high end department store and a bathroom with a wet room and steam shower that rivals any spa. The guest suite is gorgeous and comfortable with access to a balcony and a large bathroom. The club room is spectacular with wood paneling, cork wallpaper, marble slab inlay on the wall behind the desk and a large balcony. The clubroom also features a full bath, reach in closet and corner closet, easily converted into a third bedroom. Open family and living room are accentuated by floor to ceiling sliders that highlight the views of the intracoastal. The sliders open wall to wall and lead to a generous balcony where one can enjoy watching the yachts go by.... This home includes a dedicated boat slip accommodating a 50' vessel, along with 4 car garage spaces, 2 of which are privately enclosed to keep your favorite cars. Residents enjoy a full service luxury building offering a resort-style pool and grilling area, state of the art fitness center, valet parking, concierge services, 24 hour doorman & private security.

Property location

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725 S Ocean Boulevard 206, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
4,236 sq ft

Exterior & Structure

Property type
Condominium
Year built
2023

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$8,330
County
Palm Beach
MLS listing ID
R11161484
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

-$50,200

Cap rate
0.2%
Net yield
0.2%
Cash-on-cash return
-19.6%
Gross yield
4.1%
Mortgage payment
$52,122/mo
Down payment
$2,748,750
Loan amount
$8,246,250
Annual NOI
$23,069

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