4605 S Ocean Boulevard 5a, Highland Beach, FL 33487 — MLS photo

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4605 S Ocean Boulevard 5a, Highland Beach, FL 33487

Active · Condominium

$2,195,000

4605 S Ocean Boulevard 5a, Highland Beach, FL 33487

Beds
3
Baths
3
Living area
2,600 sq ft
$ / sq ft
$844/sq ft
Year built
1981
Lot size
—
HOA fee
$3,113
Annual tax
—

About this property

Experience oceanfront living in this exceptional residence at Parker Highland, one the most coveted boutique buildings in Highland Beach. Residence 5A at 4605 S Ocean Blvd is an east-facing corner unit offering direct, unobstructed ocean views from the moment you enter, creating a breathtaking backdrop for everyday living. This spacious 3-bed, 3-bath condo spans 2,600 living sq ft, perfectly balancing comfort and coastal sophistication. The open layout provides a gracious sense of space, while expansive windows bring the sights and sounds of the ocean indoors ideal for relaxed coastal living. An expansive balcony with modern glass railings wraps the residence, connecting the interior to the surrounding water and sky. Included are 2 assigned garage parking spots. Parker Highland offers privacy, exclusivity, and a premier Highland Beach location, just minutes from Boca Raton and Delray Beach dining, shopping, and cultural attractions. This is a rare opportunity to own a luxurious beachfront retreat where the ocean is always front and center. Parker Highland is pet friendly allowing 2 pets up to 20 lbs. Also, the building is a reinforced concrete building.

Property location

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4605 S Ocean Boulevard 5a, Highland Beach, FL 33487

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,600 sq ft

Exterior & Structure

Property type
Condominium
Year built
1981
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$3,113
County
Palm Beach
MLS listing ID
B26009448
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

-$8,630

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.8%
Gross yield
5.9%
Mortgage payment
$10,405/mo
Down payment
$548,750
Loan amount
$1,646,250
Annual NOI
$21,307

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