4740 S Ocean Boulevard 1515, Highland Beach, FL 33487 — MLS photo

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4740 S Ocean Boulevard 1515, Highland Beach, FL 33487

Active · Condominium

$995,000

4740 S Ocean Boulevard 1515, Highland Beach, FL 33487

Beds
2
Baths
2
Living area
1,500 sq ft
$ / sq ft
$663/sq ft
Year built
1982
Lot size
—
HOA fee
$1,983
Annual tax
—

About this property

WATER VIEWS FROM EVERY ROOM, AND ALL ASSESSMENTS PAID! This high-floor, south-facing 2-bedroom, 2-bath residence offers 1,500 square feet with unobstructed views of the Intracoastal, marina, and pool. A wraparound balcony and impact glass bring in natural light throughout the day. Inside, you'll find open living and dining areas, granite countertops, wood cabinetry, tile floors, generous closets, extra storage, and an in-unit washer and dryer. The primary suite has a custom walk-in closet and a renovated bath with dual sinks and an updated shower and tub. Enjoy valet, security, a fitness center, tennis, pickleball, a marina, and a private beach club. Building renovations are scheduled to finish by year-end.

Property location

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4740 S Ocean Boulevard 1515, Highland Beach, FL 33487

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,500 sq ft

Exterior & Structure

Property type
Condominium
Year built
1982
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,983
County
Palm Beach
MLS listing ID
B26031496
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

-$3,963

Cap rate
0.9%
Net yield
0.9%
Cash-on-cash return
-17.1%
Gross yield
6.6%
Mortgage payment
$4,717/mo
Down payment
$248,750
Loan amount
$746,250
Annual NOI
$9,043

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