1180 S Ocean Boulevard 3f, Boca Raton, FL 33432 — MLS photo

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1180 S Ocean Boulevard 3f, Boca Raton, FL 33432

Active · Condominium

$800,000

1180 S Ocean Boulevard 3f, Boca Raton, FL 33432

Beds
3
Baths
3
Living area
1,916 sq ft
$ / sq ft
$418/sq ft
Year built
1969
Lot size
—
HOA fee
$3,254 Monthly
Annual tax
$11,235

About this property

Best Value on the Beach! Rarely does a true beachfront residence in Boca Raton combine luxury, location, and value so compellingly. This spacious 3BR/2.5BA corner residence offers 1,916 SF of bright living space and is priced below appraised value. Enjoy $90,000 in new impact windows and doors, plus the seller will pay the $175,000 building assessment at closing. A rare 3rd-floor end unit with expansive balconies showcasing ocean, inlet, and nature views from every room. Located in the boutique Cloister Del Mar, residents enjoy direct beach access, heated pool, fitness center, sauna, 24/7 security, and on-site management. As the building undergoes a comprehensive transformation, this is a unique opportunity to secure one of Boca Raton's best beachfront values before completion. Wake up to the sights and sounds of the Atlantic Ocean and enjoy the perfect blend of luxury, privacy, and natural beauty from this exceptional beachfront residence at Cloister Del Mar. This spacious 3-bedroom, 2.5-bath corner unit offers 1,916 square feet of light-filled living space with desirable north, south, and west exposures, creating an airy atmosphere throughout the home. The open-concept living and dining areas feature brand-new floor-to-ceiling impact windows and doors, allowing seamless indoor-outdoor living while maximizing ocean breezes and spectacular views. Step onto the expansive 50-foot balcony and enjoy sweeping ocean and nature vistas from virtually every room. A second private balcony overlooks South Inlet Park, creating a unique backyard setting with coastal greenery, boating activity, and vibrant inlet views. The updated kitchen combines style and functionality with stainless steel appliances, granite countertops, and ample workspace. Additional conveniences include an in-unit washer and dryer and generous living areas designed for both everyday comfort and entertaining. Residents of Cloister Del Mar enjoy resort-style amenities including direct beach access, a heated oceanfront pool, fitness center, sauna, library, social room with kitchen, outdoor BBQ area, covered picnic space, 24/7 security, on-site management, and ground-floor parking. Ideally located just minutes from downtown Boca Raton, Mizner Park, Royal Palm Plaza, Town Center at Boca Raton, Red Reef Park, and Gumbo Limbo Nature Center, this residence offers easy access to premier shopping, dining, entertainment, and outdoor recreation, including nature trails, a butterfly garden, and sea turtle sanctuary. Significant value-added improvements have already been completed, including approximately $90,000 in new impact windows and doors. In addition, the seller will pay the current $175,000 special assessment at closing, providing exceptional value and peace of mind for the next owner. Both the Structural Integrity Reserve Study (SIRS) and Milestone Inspections have been completed. The building is currently undergoing a comprehensive renovation and modernization program expected to be completed by next summer. Improvements include concrete restoration, new roof, new fire pump, electrical repairs and upgrades, exterior painting, and other substantial capital improvements, creating a like-new living experience for residents.

Property location

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1180 S Ocean Boulevard 3f, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,916 sq ft
Flooring
Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Central
Interior features
Dual Sinks, Living Dining Room, Main Living Area Entry Level, Split Bedrooms, Shower Only, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1969
Stories
17
Lot size
0 sq ft
Architectural style
One Story
Roof
Other
Construction
Block
Exterior features
Balcony, Lighting, None
Pool
None, Association, Community, Heated
Waterfront
Ocean Access
View
Ocean, Other, Water

Parking

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

HOA, Community & Financials

Association fee
$3,254 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Parking, Pest Control, Pools, Reserve Fund, Security, Trash, Water
Amenities
Clubhouse, Fitness Center, Pool, Sauna, Security, Trash, Elevators
Security
Door Man, Lobby Secured
Pets allowed
No
Annual tax
$11,235
Subdivision
CLOISTER DEL MAR CONDO
County
Palm Beach
Days on market
151
MLS listing ID
B26020791
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

-$3,365

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.0%
Gross yield
8.5%
Mortgage payment
$3,792/mo
Down payment
$200,000
Loan amount
$600,000
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.