3101 S Ocean Boulevard 302, Highland Beach, FL 33487 — MLS photo

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3101 S Ocean Boulevard 302, Highland Beach, FL 33487

Active · Condominium

$720,000

3101 S Ocean Boulevard 302, Highland Beach, FL 33487

Beds
2
Baths
2
Living area
988 sq ft
$ / sq ft
$729/sq ft
Year built
1970
Lot size
—
HOA fee
$1,794
Annual tax
—

About this property

This oceanfront condo in the coveted Penthouse Towers of Highland Beach offers true coastal living with breathtaking Atlantic views and direct private beach access. Located in one of South Florida's most serene and residential seaside buildings, this two-bedroom, two-bath residence captures sunrises over the ocean and brings the coastal lifestyle right into your everyday routine. The light-filled interior and spacious balcony provide an ideal setting for both quiet mornings and relaxed evenings with the sound of the ocean just steps away. Penthouse Towers is a well-established oceanfront condominium with private beach frontage and a warm, community atmosphere. Residents enjoy a beachfront pool, fitness area, clubhouse, library, and a variety of social and recreation spaces that enhance Penthouse Towers is a well-established oceanfront condominium with private beach frontage and a warm, community atmosphere. Residents enjoy a beachfront pool, fitness area, clubhouse, library, and a variety of social and recreation spaces that enhance the relaxed coastal lifestyle. Covered parking and elevator access add convenience to everyday living. Highland Beach is prized for its peaceful oceanfront setting and residential character while being conveniently positioned between Delray Beach and Boca Raton. Atlantic Avenue, the heart of downtown Delray Beach, offers lively dining, shopping, art and entertainment, while Mizner Park in Boca provides refined boutiques, cultural experiences, and excellent restaurants. With easy access to major airports and Brightline service nearby, this location blends tranquil beach living with vibrant neighborhood amenities. This residence presents a rare opportunity to own oceanfront real estate in a community that balances privacy and lifestyle with proximity to some of South Florida's most desirable downtowns. Whether enjoyed as a year-round residence or seasonal retreat, it embodies the best of Highland Beach living.

Property location

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3101 S Ocean Boulevard 302, Highland Beach, FL 33487

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
988 sq ft

Exterior & Structure

Property type
Condominium
Year built
1970

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,794
County
Palm Beach
MLS listing ID
R11166419
Listing status
Active

Investment intelligence

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

Estimated monthly cash flow

-$3,385

Cap rate
0.0%
Net yield
0.0%
Cash-on-cash return
-20.1%
Gross yield
6.3%
Mortgage payment
$3,413/mo
Down payment
$180,000
Loan amount
$540,000
Annual NOI
$338

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