Cays Realty
4501 N Ocean Boulevard Th-04, Boca Raton, FL 33431 — MLS photo

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4501 N Ocean Boulevard Th-04, Boca Raton, FL 33431

Active · Townhouse

$2,795,000

4501 N Ocean Boulevard Th-04, Boca Raton, FL 33431

Beds
3
Baths
4
Living area
2,830 sq ft
$ / sq ft
$988/sq ft
Year built
1988
Lot size
1,655,280 sq ft
HOA fee
$2,953 Monthly
Annual tax
$20,499

About this property

BRING YOUR TESLA AND YOUR BOAT to this RARELY OFFERED, HIGHLY COVETED, DIRECT INTRACOASTAL, LUXURY SMART TOWNHOME!! Nestled on an Island in a remote corner of a gated and secure, lush tropical 38-ACRE OCEANFRONT PROPERTY, this IMPOSSIBLE-TO-FIND, DIRECT INTRACOASTAL, 3BR/2.2BA TOTAL 3,947 SQ.FT., LUXURY SMART PRIVATE TOWNHOME combines the space and privacy of a private home with the security, amenities and conveniences of a Resort-style, Concierge Building!! Don't miss this unique opportunity to own a stunningly beautiful FULLY MAINTAINED Residence—complete with 2 elevators, 3 private terraces and a 2-car garage. A perfect marriage of a wide-open spaces, modern elegance, and state-of-the-art technology, this home is light, bright and airy, with spacious rooms and intimate water views!!

Property location

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4501 N Ocean Boulevard Th-04, Boca Raton, FL 33431

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,830 sq ft
Flooring
Hardwood, Marble, Tile, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Built In Features, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Entrance Foyer, Eat In Kitchen, Garden Tub Roman Tub, Sitting Area In Primary, Split Bedrooms, Shower Only, Upper Level Primary, Bar, Walk In Closets, Elevator, Utility Room
Furnished
Unfurnished

Exterior & Structure

Property type
Townhouse
Year built
1988
Stories
3
Lot size
1,655,280 sq ft
Architectural style
Two Story, Split Level
Roof
Concrete, Spanish Tile, Tile
Construction
Block, Stucco
Exterior features
Balcony, Patio
Pool
None, Association, Community
Spa
Above Ground, Fiberglass, Heated, Community
Waterfront
Intracoastal Access, Ocean Access
View
Canal, Garden, Intercoastal, Other, Pool, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Driveway, Garage, Open, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$2,953 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Hot Water, Insurance, Sewer, Security, Trash, Water
Amenities
Boat Dock, Billiard Room, Marina, Bike Storage, Clubhouse, Fitness Center, Library, Management, Pool, Putting Greens, Guard, Sauna, Spa Hot Tub, Security, Tennis Courts, Elevators
Security
Closed Circuit Cameras, Fire Alarm, Gated With Guard, Intercom, Lobby Secured, Phone Entry, Security System Owned, Security System, Fire Sprinkler System, Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$20,499
Subdivision
SEA RANCH CLUB OF BOCA
County
Palm Beach
Days on market
117
MLS listing ID
B26030237
Listing status
Active

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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

-$8,039

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.3%
Gross yield
5.5%
Mortgage payment
$13,250/mo
Down payment
$698,750
Loan amount
$2,096,250
Annual NOI
$62,524

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