1180 S Ocean Boulevard 16 D, Boca Raton, FL 33432 — MLS photo

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1180 S Ocean Boulevard 16 D, Boca Raton, FL 33432

Active · Condominium

$729,000

1180 S Ocean Boulevard 16 D, Boca Raton, FL 33432

Beds
2
Baths
2
Living area
1,300 sq ft
$ / sq ft
$561/sq ft
Year built
1969
Lot size
—
HOA fee
$2,467 Monthly
Annual tax
$9,246

About this property

Directly on the sand in beautiful boutique building. Cloister del Mar is a hidden Gem with unobstructed views of ocean and boca inlet situated next to a preserved beachfront park that will never be developed and affect your views. Residents enjoy a full service lifestyle with private under ground garage , private beach access, heated pool, fitness center, on-site management , Impact glass through out , new flooring , new appliances, new kitchen, freshly painted ,new balcony gorgeous views of ocean , inlet and boca lake from north view and bedrooms. Washer and dryer in unit . Elevator opens up to only 2 per floor for privacy and exclusivity. barbeque area and shuffle ball sauna and restrooms off pool area. 24 hour security Seller has paid the assessment in full. The building has a scenic east room facing the ocean for private parties and gatherings with large kitchen for entertaining and caterers delight. plenty of guest parking once building is completed in summer 2027 this building will be first class. property rented for a year great investment

Property location

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1180 S Ocean Boulevard 16 D, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,300 sq ft
Flooring
Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
Cooling
Attic Fan, Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Breakfast Area, Bathtub, Entrance Foyer, Living Dining Room, Main Living Area Entry Level, Pantry
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1969
Stories
18
Lot size
0 sq ft
Architectural style
Contemporary Modern, One Story
Roof
Flat, Tile
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Storm Security Shutters
Pool
None, Association, Community, Heated
View
Intercoastal, Ocean, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Detached, Underground, Garage, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$2,467 Monthly
Fee inclusions
Association Management, Hot Water, Insurance, Parking, Pest Control, Pools, Reserve Fund, Roof, Sewer, Security, Trash, Water
Association
Cloister Del Mar As
Association contact
561-368-1472
Amenities
Bike Storage, Business Center, Clubhouse, Community Kitchen, Controlled Access, Fitness Center, Library, Management, Maintenance, Pool, Shuffleboard Court, Sauna, Security, Storage, Trash, Vehicle Wash Area, Elevators
Security
Building Security, Complex Fenced, Door Man, Elevator Secured, Fire Alarm, Security Gate, Intercom, Key Card Entry, Lobby Secured, Phone Entry, Security Guard, Fire Sprinkler System, Smoke Detectors
Pets allowed
No
Annual tax
$9,246
Subdivision
CLOISTER DEL MAR CONDO
County
Palm Beach
Days on market
217
MLS listing ID
B26003195
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

-$3,208

Cap rate
0.4%
Net yield
0.4%
Cash-on-cash return
-18.9%
Gross yield
7.2%
Mortgage payment
$3,456/mo
Down payment
$182,250
Loan amount
$546,750
Annual NOI
$2,973

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