4505 S Ocean Boulevard 307, Highland Beach, FL 33487 — MLS photo

Get More Info About This Property

4505 S Ocean Boulevard 307, Highland Beach, FL 33487

Active · Condominium

$799,000

4505 S Ocean Boulevard 307, Highland Beach, FL 33487

Beds
2
Baths
2
Living area
1,100 sq ft
$ / sq ft
$726/sq ft
Year built
1974
Lot size
—
HOA fee
$1,601
Annual tax
—

About this property

LIVE AT THE BEACH! FANNIE MAE APPROVED BUILDING! Unobstructed SE views of the Ocean from every room, bringing the beauty of coastal living into your everyday life! Thoughtfully updated, featuring impact glass, sleek tile flooring & a modern kitchen equipped with contemporary appliances. The spacious, open-concept living area is designed for relaxed living & effortless entertaining, all set against a stunning ocean backdrop. Located in the exclusive 45 Ocean Condo, a private, manned-gate beachfront building directly on the sand. Enjoy resort-style pool, fitness center, private beach pavilion & on-site management. Building's concrete restoration completed! Ideally positioned just north of Spanish River Blvd, for the perfect balance of privacy & convenience! Rent right away! CONDO BUILDING IS FANNIE MAE APPROVED! Buyer can get traditional financing. Lenders, will not need a condo questionnaire, saving buyers time & money. SIRS & Milestone completed! Building's concrete restoration completed!

Property location

Get Directions

4505 S Ocean Boulevard 307, Highland Beach, FL 33487

Loading property location…

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
$1,601
County
Palm Beach
MLS listing ID
B26007121
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

-$3,361

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.0%
Gross yield
6.3%
Mortgage payment
$3,788/mo
Down payment
$199,750
Loan amount
$599,250
Annual NOI
$5,126

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