4505 S Ocean Boulevard 803, Highland Beach, FL 33487 — MLS photo

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4505 S Ocean Boulevard 803, Highland Beach, FL 33487

Active · Condominium

$899,000

4505 S Ocean Boulevard 803, Highland Beach, FL 33487

Beds
2
Baths
2
Living area
1,100 sq ft
$ / sq ft
$817/sq ft
Year built
1974
Lot size
—
HOA fee
$1,428
Annual tax
—

About this property

Totally renovated high floor at 45 Ocean. Split 2 bedroom, 2 full bath floor plan, beautifully designed with WOW factor finishes. Directly on the sand building in Highland Beach with direct ocean views. Condominium amenities include an oceanfront pool and private beach access. Custom kitchen features Thermador appliances, illuminated quartzite lighting countertop, and a wine cooler. The living and dining areas feature designer finishes, LED ceiling lighting, and a custom glass fireplace wall. Both bedrooms offer custom closets, glass doors, and spa-inspired baths with European fixtures and finishes. Virtually Staged. The building offers a security gate, a pool, gym, BBQ area, and assigned garage parking, and is located in an excellent area near Downtown Boca and Downtown Delray Beach

Property location

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4505 S Ocean Boulevard 803, Highland Beach, FL 33487

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,100 sq ft

Exterior & Structure

Property type
Condominium
Year built
1974
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,428
County
Palm Beach
MLS listing ID
R11165917
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

-$3,631

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.3%
Gross yield
5.9%
Mortgage payment
$4,262/mo
Down payment
$224,750
Loan amount
$674,250
Annual NOI
$7,572

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