155 E Boca Raton Road 516, Boca Raton, FL 33432 — MLS photo

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155 E Boca Raton Road 516, Boca Raton, FL 33432

Active · Condominium

$1,950,000

155 E Boca Raton Road 516, Boca Raton, FL 33432

Beds
3
Baths
3
Living area
2,046 sq ft
$ / sq ft
$953/sq ft
Year built
2020
Lot size
—
HOA fee
$2,666
Annual tax
—

About this property

Spacious residence with an open concept floor plan, featuring 2 bedrooms plus a den and 2.5 baths. Enjoy great natural light with direct South Exposure. Private electric charging station comes with 2 premium parking spaces. Custom features like upgraded custom kitchen, motorized shades, custom built-out closets and 10-foot ceilings throughout. The oversized master bedroom features a large walk in closet and spa like master bathroom with separate soaking tub and shower. The 2nd bedroom is a generous size with en-suite bathroom and the Den is perfect for a media room or office. Large walk in Laundry room with a lot of storage. Two Balconies with South exposure, one off of the master bedroom and another off of the great room. Tower 155 is a luxury condo building situated in the heart of downtown Boca Raton, with Mizner Park, shopping, dining, elite golf courses, pristine beaches and The Boca Raton Resort all nearby. Just like living in a resort or 5 star hotel with every luxury, amenities and services you could imagine. Fantastic walkability and conveniently located in the center of Downtown. Building completely designed by Steven G including the lobby with 24 hour front desk, concierge, valet, resort style pool, hot tub, sundeck overlooking Mizner Park, vibrant bar scene and private cabanas, gym, sauna and steam room, Starbucks business lounge, hairstyling and manicure station and smart building technology. Dine in or take out at Boca's finest restaurants, all within walking distance.

Property location

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155 E Boca Raton Road 516, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,046 sq ft

Exterior & Structure

Property type
Condominium
Year built
2020

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,666
County
Palm Beach
MLS listing ID
R11167011
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

-$7,994

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.6%
Gross yield
5.6%
Mortgage payment
$9,244/mo
Down payment
$487,500
Loan amount
$1,462,500
Annual NOI
$14,994

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