Cays Realty
4505 S Ocean Boulevard 905, Highland Beach, FL 33487 — MLS photo

Get More Info About This Property

4505 S Ocean Boulevard 905, Highland Beach, FL 33487

Active · Condominium

$699,000

4505 S Ocean Boulevard 905, Highland Beach, FL 33487

Beds
2
Baths
2
Living area
1,100 sq ft
$ / sq ft
$635/sq ft
Year built
1974
Lot size
—
HOA fee
$1,794 Monthly
Annual tax
$5,273

About this property

Oceanfront living at its finest in this beautiful 2-bedroom, 2-bath furnished condo on the beach. All concrete restoration work is complete. This is a pet-friendly building with no waiting period for rentals. 1 small pet; 15 lb max. Spectacular views of the ocean, pool, and intracoastal from this 9th-floor unit. Kitchen and baths have granite countertops, newer cabinets, hurricane-impact windows, and generous closet space. The building provides security, garage parking, a storage unit, and many amenities, including an oceanfront pool, fitness room, BBQ area, and a community room. 45 Ocean is just minutes from Atlantic Ave., Downtown Boca, and many restaurants and shops.

Property location

Get Directions

4505 S Ocean Boulevard 905, Highland Beach, FL 33487

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,100 sq ft
Flooring
Carpet, Ceramic Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Built In Features, Living Dining Room, Split Bedrooms, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
10
Lot size
0 sq ft
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
None, Association, Community
View
Intercoastal, Ocean, Pool

Parking

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

HOA, Community & Financials

Association fee
$1,794 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Insurance, Internet, Laundry, Security, Trash, Water
Association
Campbell Property Ma
Association contact
561-272-7001
Amenities
Bike Storage, Clubhouse, Fitness Center, Laundry, Management, Pool, Guard, Trash, Elevators
Security
Gated With Guard, Intercom, Lobby Secured, Phone Entry, Security System, Fire Sprinkler System
Pets allowed
No
Annual tax
$5,273
Subdivision
45 OCEAN CONDO
County
Palm Beach
Days on market
127
MLS listing ID
B26035524
Listing status
Active

Virtual tour

Explore 3D / Virtual Tour

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

-$2,443

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.0%
Gross yield
6.7%
Mortgage payment
$3,314/mo
Down payment
$174,750
Loan amount
$524,250
Annual NOI
$10,448

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