Cays Realty
4505 S Ocean Boulevard 805, Highland Beach, FL 33487 — MLS photo

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4505 S Ocean Boulevard 805, Highland Beach, FL 33487

Active · Condominium

$749,000

4505 S Ocean Boulevard 805, Highland Beach, FL 33487

Beds
2
Baths
2
Living area
1,100 sq ft
$ / sq ft
$681/sq ft
Year built
1974
Lot size
—
HOA fee
$4,803 Quarterly
Annual tax
$7,640

About this property

Welcome to 45 Ocean Condo in Highland Beach, Florida, where waterfront living meets modern convenience. All structural work and assessments have been completed and paid for. This 2/2 condo has 1,100 sf of finished living space with southern exposure. Situated on the 8th floor, this residence provides an elevated position within the building. The unit includes one garage stall, ensuring secure parking for your vehicle and plenty of overflow parking in lot for a second vehicle or guests. As an oceanfront property, this condominium provides direct access to the water's edge, a defining feature that enhances the coastal lifestyle. 45 Ocean Condo represents an excellent opportunity to own a well-appointed waterfront residence in Highland Beach.

Property location

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4505 S Ocean Boulevard 805, Highland Beach, FL 33487

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,100 sq ft
Flooring
Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Eat In Kitchen, First Floor Entry, Living Dining Room, Custom Mirrors, Split Bedrooms, Shower Only, Tub Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
11
Lot size
0 sq ft
Roof
Tar Gravel
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Lighting
Pool
None, Association, Community, Heated
Waterfront
Ocean Access
View
Ocean, Pool

Parking

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

HOA, Community & Financials

Association fee
$4,803 Quarterly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Insurance, Internet, Laundry, Legal Accounting, Parking, Pools, Reserve Fund, Roof, Sewer, Security, Trash, Water
Association
Campbell Property Ma
Association contact
561-272-7001
Amenities
Bike Storage, Clubhouse, Community Kitchen, Controlled Access, Fitness Center, Laundry, Management, Maintenance, Barbecue, Picnic Area, Pool, Sauna, Security, Storage, Trash, Elevators
Security
Lobby Secured, Other, Security Guard, Security System, Security Gate
Pets allowed
No
Annual tax
$7,640
Subdivision
45 OCEAN CONDO
County
Palm Beach
Days on market
134
MLS listing ID
B26038435
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

-$2,589

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-14.8%
Gross yield
6.5%
Mortgage payment
$3,551/mo
Down payment
$187,250
Loan amount
$561,750
Annual NOI
$11,537

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