2697 N Ocean Boulevard F-505, Boca Raton, FL 33431 — MLS photo

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2697 N Ocean Boulevard F-505, Boca Raton, FL 33431

Active · Condominium

$950,000

2697 N Ocean Boulevard F-505, Boca Raton, FL 33431

Beds
2
Baths
2
Living area
1,305 sq ft
$ / sq ft
$728/sq ft
Year built
1979
Lot size
—
HOA fee
$2,712 Monthly
Annual tax
$10,641

About this property

Water is the defining element of Residence F505 at Yacht & Racquet Club of Boca Raton. From its position within the sought-after F Building, floor-to-ceiling glass frames marina and Intracoastal views, with water visible from every room and natural light moving throughout the residence. Originally designed as a two-bedroom, the floor plan was reconfigured to create larger living and entertaining spaces, giving the interiors an open sense of scale while preserving the flexibility to reconfigure the layout in the future. A considered palette of finishes, textures and clean architectural lines keeps the focus on the views and the waterfront setting beyond. Set directly on A1A between the Atlantic Ocean and Intracoastal Waterway, Yacht & Racquet Club of Boca Raton offers an uncommon combination of beach and boating within one established waterfront community. Residents enjoy 750 feet of private beach, deep-water marina access, multiple heated pools, tennis and pickleball courts, fitness center, restaurant and bar, a newly renovated clubhouse and gated access. Downtown Boca Raton and Mizner Park are within close reach, yet the experience at F505 remains distinctly connected to the water - from the first light across the marina to the Intracoastal beyond.

Property location

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2697 N Ocean Boulevard F-505, Boca Raton, FL 33431

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,305 sq ft
Flooring
Carpet, Ceramic Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Solar Hot Water, Self Cleaning Oven, Washer
Cooling
Ceiling Fans, Central Air
Heating
Central
Interior features
Custom Mirrors, Split Bedrooms, Shower Only, Walk In Closets, Pantry
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1979
Stories
7
Lot size
0 sq ft
Roof
Other
Construction
Brick, Block
Exterior features
Storm Security Shutters
Pool
None, Association, Community, Heated
Spa
Community
Waterfront
Intracoastal Access
View
Intercoastal, Water

Parking

Covered spaces
1
Parking features
Assigned, Covered, Detached, Garage, Guest

HOA, Community & Financials

Association fee
$2,712 Monthly
Fee inclusions
Association Management, Cable Tv, Internet, Sewer, Trash, Water
Amenities
Marina, Bike Storage, Clubhouse, Controlled Access, Fitness Center, Management, Pool, Guard, Spa Hot Tub, Storage, Tennis Courts, Trash
Security
Building Security, Complex Fenced, Gated With Guard, Security Gate
Pets allowed
No
Annual tax
$10,641
Subdivision
YACHT & RACQUET CLUB OF BO
County
Palm Beach
Days on market
154
MLS listing ID
B26032017
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

-$4,191

Cap rate
0.4%
Net yield
0.4%
Cash-on-cash return
-18.9%
Gross yield
6.3%
Mortgage payment
$4,503/mo
Down payment
$237,500
Loan amount
$712,500
Annual NOI
$3,755

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