Cays Realty
4750 S Ocean Boulevard 512, Highland Beach, FL 33487 — MLS photo

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4750 S Ocean Boulevard 512, Highland Beach, FL 33487

Active · Condominium

$475,000

4750 S Ocean Boulevard 512, Highland Beach, FL 33487

Beds
1
Baths
2
Living area
1,009 sq ft
$ / sq ft
$471/sq ft
Year built
1971
Lot size
—
HOA fee
$1,319 Monthly
Annual tax
$4,921

About this property

Beautiful 1BR/1.5BA condo in the gated Boca Highlands community of Highland Beach, offering stunning marina views and ocean views just across the street. This light-filled residence features a spacious open layout and large private balcony, perfect for enjoying the coastal breeze. A great opportunity to update and create your ideal retreat. Aberdeen Arms offers resort-style amenities including a waterfront Intracoastal pool, tennis courts, fitness center, library, card room, and 24-hour concierge. Enjoy exclusive access to the private Beach Club with an oceanfront pool and direct beach access. Covered parking included. Ideal full-time residence or second home. Some photos have been virtually staged or renovated to illustrate the property's potential & does not reflect current condition.

Property location

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4750 S Ocean Boulevard 512, Highland Beach, FL 33487

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,009 sq ft
Flooring
Carpet, Ceramic Tile, Tile
Appliances
Built In Oven, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Eat In Kitchen, Living Dining Room, Main Living Area Entry Level, Tub Shower, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1971
Stories
10
Lot size
0 sq ft
Architectural style
One Story
Roof
Other
Construction
Other
Exterior features
Balcony, Barbecue, Outdoor Grill, Patio
Pool
None, Association, Community, Heated
Waterfront
Intracoastal Access
View
Intercoastal, Ocean, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Garage, Guest, One Space

HOA, Community & Financials

Association fee
$1,319 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Laundry, Parking, Pools, Roof, Sewer, Security, Trash, Water
Amenities
Marina, Bike Storage, Clubhouse, Controlled Access, Fitness Center, Laundry, Maintenance, Pool, Guard, Sauna, Security, Storage, Tennis Courts, Trash, Vehicle Wash Area, Elevators
Security
Gated With Guard, Security Gate
Pets allowed
No
Annual tax
$4,921
Subdivision
ABERDEEN ARMS CONDO
County
Palm Beach
Days on market
202
MLS listing ID
B26009194
Listing status
Active

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Estimated monthly cash flow

-$1,448

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.1%
Gross yield
7.9%
Mortgage payment
$2,252/mo
Down payment
$118,750
Loan amount
$356,250
Annual NOI
$9,644

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