Cays Realty
2800 S Ocean Boulevard 23c, Boca Raton, FL 33432 — MLS photo

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2800 S Ocean Boulevard 23c, Boca Raton, FL 33432

Active · Condominium

$1,995,000

2800 S Ocean Boulevard 23c, Boca Raton, FL 33432

Beds
2
Baths
2
Living area
1,425 sq ft
$ / sq ft
$1,400/sq ft
Year built
1973
Lot size
—
HOA fee
$1,498 Monthly
Annual tax
$16,506

About this property

Step into unparalleled luxury in this oceanfront condo in Boca Raton. Nestled in the exclusive Ocean Towers, this fully remodeled residence offers floor-to-ceiling hurricane sliders, delivering sweeping ocean views. The bedrooms overlook the Intracoastal and Royal Palm Yacht Club, while spa-inspired bathrooms feature stunning Taj Mahal quartzite countertops. The kitchen and bar mirror this refined elegance with the same quartzite. Ocean Towers has been fully restored, ensuring safety and peace of mind, with all assesments paid. This penthouse is truly exquisite, having been completely renovated to the highest standards. From sunrise ocean views to resort-style amenities, every detail has been designed for exceptional coastal living.

Property location

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2800 S Ocean Boulevard 23c, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,425 sq ft
Flooring
Tile
Appliances
Built In Oven, Disposal, Ice Maker, Refrigerator, Self Cleaning Oven, Wine Cooler
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Breakfast Area, Entrance Foyer, Eat In Kitchen, Kitchen Island, Living Dining Room, Main Living Area Entry Level, Bar, Walk In Closets, Elevator, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1973
Stories
24
Lot size
0 sq ft
Architectural style
Other, Penthouse, One Story
Roof
Concrete
Construction
Brick, Block
Exterior features
Balcony, Barbecue, Lighting, Outdoor Shower, Awnings
Pool
None, Association, Community, Heated
Waterfront
Intracoastal Access, Ocean Access
View
Intercoastal, Ocean, Other, Pool, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Deeded, Detached, Electric Vehicle Charging Stations, Garage, One Space

HOA, Community & Financials

Association fee
$1,498 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Insurance, Laundry, Legal Accounting, Parking, Pest Control, Pools, Recreation Facilities, Roof, Security, Trash
Association
Ocean Towers Condomi
Association contact
561-391-6371
Amenities
Bike Storage, Business Center, Clubhouse, Controlled Access, Fitness Center, Laundry, Library, Management, Maintenance, Barbecue, Picnic Area, Pool, Guard, Security, Storage, Trash, Vehicle Wash Area, Elevators
Security
Building Security, Closed Circuit Cameras, Complex Fenced, Door Man, Elevator Secured, Fire Alarm, Fenced, Gated With Guard, Secured Garage Parking, Lobby Secured, Security Lights, Security System, Security Gate, Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$16,506
Subdivision
OCEAN TOWERS CONDO
County
Palm Beach
Days on market
132
MLS listing ID
B26031166
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$6,249

Cap rate
1.9%
Net yield
1.9%
Cash-on-cash return
-13.4%
Gross yield
4.8%
Mortgage payment
$9,457/mo
Down payment
$498,750
Loan amount
$1,496,250
Annual NOI
$38,504

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