4201 N Ocean Boulevard 601, Boca Raton, FL 33431 — MLS photo

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4201 N Ocean Boulevard 601, Boca Raton, FL 33431

Active · Condominium

$2,000,000

4201 N Ocean Boulevard 601, Boca Raton, FL 33431

Beds
3
Baths
3
Living area
2,319 sq ft
$ / sq ft
$862/sq ft
Year built
1988
Lot size
—
HOA fee
$2,441
Annual tax
—

About this property

THIS STUNNING RENOVATED CORNER APARTMENT OFFERS 2319 SQ FT UNDER AIR OF ELEGANT LIVING SPACE, FEATURING THREE SPACIOUS BEDROOMS, THREE BEAUTIFULLY UPDATED BATHROOMS, & BREATHTAKING PANORAMIC VIEWS OF THE INTRACOASTAL WATERWAY, MARINA, OCEAN, & LUSH LANDSCAPED GROUNDS. DESIGNED WITH AN OPEN-CONCEPT FLOOR PLAN, THE RESIDENCE IS HIGHLIGHTED BY FLOOR TO CEILING IMPACT SLIDING GLASS DOORS THAT FILL THE HOME WITH NATURAL LIGHT & CREATE A SEAMLESS CONNECTION BETWEEN THE INDOOR LIVING SPACES & THE BEAUTY OF THE SURROUNDING 38 ACRES OF METICULOUSLY LANDSCAPED GROUNDS. THE THOUGHTFULLY DESIGNED OPEN KITCHEN IS PERFECT FOR BOTH EVERYDAY LIVING & ENTERTAINING, WHILE ADDITIONAL FEATURES INCLUDE WOOD TILE FLOORING, A WALK IN LAUNDRY ROOM, & AN IMPRESSIVE 628 SQ FT OF PRIVATE WRAPAOUND BALCONIES IDEAL FOR ENJOYING THE SPECTACULAR VIEWS. WITH TWO GARAGE PARKING SPACES & AN ARRAY OF EXCEPTIONAL UPGRADES THROUGHOUT, THIS RESIDENCE IS TRULY A RARE OPPORTUNITY NOT TO BE MISSED. THE BUILDING IS JUST COMPLETING AN ENTIRE NEW CONTEMPORARY LOBBY LEVEL WITH 24 HOUR CONCIERGE SERVICES, A POOL DECK WITH OUTDOOR SEATING & BBQ AREAS! THE COMMUNITY OFFERS ACTIVE TENNIS & PICKLEBALL, FITNESS ROOMS, 5 POOLS, BBQ AREAS, A MARINA, CARD ROOMS, SOCIAL EVENTS, 24 HOUR MANNED GATE & DEEDED BEACH ACCESS WITH CHAIRS, LOUNGES, UMBRELLAS & CANVAS CABANAS!

Property location

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4201 N Ocean Boulevard 601, Boca Raton, FL 33431

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,319 sq ft

Exterior & Structure

Property type
Condominium
Year built
1988
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,441
County
Palm Beach
MLS listing ID
B26035384
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

-$7,549

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.2%
Gross yield
5.8%
Mortgage payment
$9,481/mo
Down payment
$500,000
Loan amount
$1,500,000
Annual NOI
$23,187

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