Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,100 sq ft
- Flooring
- Vinyl
- Appliances
- Dishwasher, Refrigerator
- Cooling
- Central Air, Ceiling Fans
- Heating
- Central
- Interior features
- Living Dining Room, Main Living Area Entry Level, Other, Walk In Closets
Active · Condominium
$669,000
4511 S Ocean Boulevard 205, Highland Beach, FL 33487
- Beds
- 2
- Baths
- 2
- Living area
- 1,100 sq ft
- $ / sq ft
- $608/sq ft
- Year built
- 1974
- Lot size
- —
- HOA fee
- $4,803 Quarterly
- Annual tax
- $6,531
About this property
Updated residence in desirable 45 OCEAN in Highland Beach. Featuring luxury vinyl plank flooring and fresh interior paint. The kitchen offers abundant cabinetry and granite countertops and opens to the main living area. The building has also recently been refreshed with new exterior paint, newer hallway carpeting, updated flooring, and freshly painted interior common areas. A great opportunity to enjoy coastal living just moments from the beach. Enjoy fantastic restaurants & shopping in downtown Boca Raton, Delray Beach and Boca Town Center Mall. Easy access to Boca Executive Airport, Ft. Lauderdale International Airport and Palm Beach International Airport. 45 Ocean Condominiums are 1.5 miles north of Spanish River Park. Great investment opportunity, no rental waiting period.
Property location
Get Directions4511 S Ocean Boulevard 205, Highland Beach, FL 33487
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1974
- Stories
- 10
- Lot size
- 0 sq ft
- Architectural style
- One Story
- Roof
- Other
- Construction
- Block
- Exterior features
- Balcony, None
- Pool
- None, Association, Community, Heated
- Waterfront
- Ocean Access
- View
- Ocean, Water
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- Attached, Covered, Garage, Guest, One Space
HOA, Community & Financials
- Association fee
- $4,803 Quarterly
- Fee inclusions
- Common Area Maintenance, Cable Tv, Parking, Pools, Recreation Facilities, Roof, Sewer, Security, Trash, Water
- Association
- Campbell
- Association contact
- (561) 272-7001
- Amenities
- Clubhouse, Fitness Center, Barbecue, Picnic Area, Pool, Sauna, Security, Elevators
- Security
- Building Security
- Pets allowed
- No
- Annual tax
- $6,531
- Subdivision
- 45 OCEAN CONDO
- County
- Palm Beach
- Days on market
- 181
- MLS listing ID
- B26002929
- Listing status
- Active
Virtual tour
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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
-$2,269
- Cap rate
- 1.6%
- Net yield
- 1.6%
- Cash-on-cash return
- -14.5%
- Gross yield
- 6.9%
- Mortgage payment
- $3,171/mo
- Down payment
- $167,250
- Loan amount
- $501,750
- Annual NOI
- $10,830
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.