700 S Ocean Boulevard 705, Boca Raton, FL 33432 — MLS photo

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700 S Ocean Boulevard 705, Boca Raton, FL 33432

Active · Condominium

$1,250,000

700 S Ocean Boulevard 705, Boca Raton, FL 33432

Beds
2
Baths
2
Living area
1,291 sq ft
$ / sq ft
$968/sq ft
Year built
1965
Lot size
—
HOA fee
$5,483 Quarterly
Annual tax
$9,223

About this property

Your Boca Raton beachfront pied-à-terre awaits. Imagine waking each morning to panoramic Atlantic Ocean views from every room in this exceptional direct oceanfront residence, perfectly positioned on the sand just moments from The Boca Raton Beach Club, dining, shopping, and downtown Boca Raton. Designed for effortless luxury and complete privacy, the desirable split-bedroom floor plan features two oceanfront bedrooms with walk-in closets, plus a dedicated office nook ideal for working remotely or planning your next day in paradise. The beautifully updated chef's kitchen showcases a premium appliance package including Sub-Zero refrigeration, Wolf cooking appliances, and Miele dishwasher and washer/dryer. Offered turnkey for immediate enjoyment with 2 oversized storage lockers one conveniently located on the same floor as the residence and a second on the garage level, providing exceptional space for beach equipment, luggage, bicycles, seasonal décor, and personal belongings. Designer furnishings are available separately. Whether you are seeking a sophisticated full-time residence, seasonal retreat, or lock-and-leave luxury escape, this residence delivers the ultimate East Boca beachfront lifestyle without the maintenance of a larger home. Beach Club membership at The Boca Raton is not included and subject to application. An exceptional opportunity to own an elegant oceanfront residence in one of Boca Raton's most desirable beachfront addresses.

Property location

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700 S Ocean Boulevard 705, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,291 sq ft
Flooring
Carpet, Marble
Appliances
Built In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Dual Sinks, Entrance Foyer, Kitchen Dining Combo, Main Living Area Entry Level, Walk In Closets, Elevator, Pantry
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1965
Stories
12
Lot size
0 sq ft
Architectural style
One Story, Split Level
Roof
Tar Gravel
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
None, Association, Community
View
Intercoastal, Ocean, Pool, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Deeded, Underground, Garage, One Space

HOA, Community & Financials

Association fee
$5,483 Quarterly
Fee inclusions
Association Management, Cable Tv, Insurance, Parking, Sewer, Security, Trash, Water
Amenities
Bike Storage, Clubhouse, Controlled Access, Elevators, Fitness Center, Library, Management, Pool, Guard, Storage, Trash
Security
Door Man, Fire Alarm, Gated With Guard, Key Card Entry, Lobby Secured, Security Lights, Security System, Fire Sprinkler System, Intercom, Smoke Detectors
Pets allowed
No
Annual tax
$9,223
Subdivision
SABAL POINT APTS CONDO
County
Palm Beach
Days on market
191
MLS listing ID
B26015578
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

-$4,066

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.9%
Gross yield
5.5%
Mortgage payment
$5,926/mo
Down payment
$312,500
Loan amount
$937,500
Annual NOI
$22,310

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