Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,100 sq ft
Active · Condominium
$950,000
4511 S Ocean Boulevard 807, Highland Beach, FL 33487
- Beds
- 2
- Baths
- 2
- Living area
- 1,100 sq ft
- $ / sq ft
- $864/sq ft
- Year built
- 1974
- Lot size
- —
- HOA fee
- $1,601
- Annual tax
- —
About this property
This is the Ocean View Condo you have been waiting for. Direct Ocean and Coastline views! Two gorgeous balconies looking east and southeast. Unmatched location, surrounded between multimillion dollar homes on the quiet island of Highland Beach. The renovation of the interior space is simply spectacular and only the finest of materials were used during the expansive restoration. Impact windows and sliders have been installed showcasing water views in every room. 45 Ocean has just completed a total building restoration as well. New Roof, Concrete Restoration, Paint and redesigned Pool Area highlight some of the project. This building is on the sand, so you can walk right out to your paradise. Resort style amenities finish off this amazing community. Close to shops, restaurants and airports.
Property location
Get Directions4511 S Ocean Boulevard 807, Highland Beach, FL 33487
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1974
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,601
- County
- Palm Beach
- MLS listing ID
- B26030382
- 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
-$4,029
- Cap rate
- 0.6%
- Net yield
- 0.6%
- Cash-on-cash return
- -18.2%
- Gross yield
- 5.8%
- Mortgage payment
- $4,503/mo
- Down payment
- $237,500
- Loan amount
- $712,500
- Annual NOI
- $5,692
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.