2851 S Ocean Boulevard 5m, Boca Raton, FL 33432 — MLS photo

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2851 S Ocean Boulevard 5m, Boca Raton, FL 33432

Active · Condominium

$325,000

2851 S Ocean Boulevard 5m, Boca Raton, FL 33432

Beds
1
Baths
2
Living area
1,086 sq ft
$ / sq ft
$299/sq ft
Year built
1980
Lot size
—
HOA fee
$1,190
Annual tax
—

About this property

EAST BOCA BEACH LIVING! Spacious 1BR/1.5BA condo on A1A with beach access in the desirable Patrician. Offering the building's largest one-bedroom floor plan, this bright fifth-floor residence features impact windows, abundant natural light, and an extended balcony with beautiful city, pool, and sunset views. The generous living area flows into a separate dining space, while the eat-in kitchen offers granite countertops and abundant U-shaped counter space. Additional highlights include a full guest bath, oversized pantry/storage area, generous closets, and a deeded assigned covered carport near the rear entrance. New A/C (November 2025), assessment paid in full, and in-unit washer/dryer hookup permitted. The monthly HOA includes water, cable, internet, electricity, pest control, building maintenance, security, and more. Enjoy community amenities including a pool, fitness center, community room, bike storage, additional storage, picnic area, and BBQ grills. Conveniently located near East Boca's shopping, dining, and coastal attractions, and approximately 10 minutes from Deerfield Beach Pier. Come see all that this beautiful beachside condo has to offer! Schedule your private showing today and experience the best of the South Florida coastal lifestyle.

Property location

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2851 S Ocean Boulevard 5m, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,086 sq ft

Exterior & Structure

Property type
Condominium
Year built
1980
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,190
County
Palm Beach
MLS listing ID
B26022449
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

-$871

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.5%
Gross yield
10.5%
Mortgage payment
$1,541/mo
Down payment
$81,250
Loan amount
$243,750
Annual NOI
$8,039

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