
550 S Ocean Boulevard # 1003, Boca Raton FL 33432, BOCA RATON, FL, 33432
Active41 days on marketListed Jul 5, 2026MLS #B26048880
About this home
550 S Ocean Boulevard # 1003, Boca Raton FL 33432
Sweeping Atlantic Ocean views and spectacular sunrises define this beautifully positioned 10th-floor residence at The Chalfonte, one of Boca Raton's most sought-after oceanfront communities. Offering a spacious split-bedroom floor plan with 2 bedrooms and 2 baths, this light-filled home captures breathtaking blue water views from the main living areas, breakfast room, and expansive private balcony, creating an exceptional setting for everyday coastal living. Inside, generous living and dining spaces are bathed in natural light and designed for both relaxed living and effortless entertaining. The bright, neutral interior is complemented by an updated kitchen featuring quartz countertops, stainless steel appliances, a subway tile backsplash, and a charming breakfast area where every morning begins with beautiful ocean views. The spacious primary suite offers abundant closet space, and a well-appointed bath, while the private guest suite provides a welcoming retreat. Step outside to the oversized covered balcony, where there's ample space for both lounging and outdoor dining while enjoying panoramic ocean views, refreshing coastal breezes, and unforgettable sunrises over the Atlantic. The Chalfonte has recently completed an extensive multimillion-dollar transformation, introducing beautifully redesigned lobbies, elegant gathering spaces, and enhanced common areas that create the feel of a luxury coastal resort. Residents enjoy direct private beach access, two oceanfront swimming pools, a state-of-the-art fitness center, private marina, waterfront pavilion, barbecue areas, 24-hour attended security, and beautifully landscaped grounds. One of The Chalfonte's most distinctive features is its rare setting between the Atlantic Ocean and picturesque Lake Boca. The community's tennis and pickleball court overlooks Lake Boca, offering one of the most scenic recreational settings in Boca Raton. Combined with the private marina and immediate proximity to the Boca Inlet, few oceanfront communities offer such a unique blend of beachfront living, boating, and resort-style amenities. Ideally located on prestigious South Ocean Boulevard, just moments from Mizner Park, world-class dining, luxury shopping, private clubs, and downtown Boca Raton, this exceptional residence offers the opportunity to experience one of South Florida's most desirable beachfront lifestyles.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,446
Sqft
0 ac
Lot size
1
Garage
1974
Year built
1
Levels
$1,034
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$11,803 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$11,803/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+14.6%
$/sqft vs Boca Raton actives
$1,034 vs $319
Days on market
41 vs 56 typical
Where $1,034/sqft sits among the 400 Boca Raton actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Boca Raton
Get to know Boca Raton. See the full Boca Raton guide →
The numbers that matter
The Boca Raton market
$3.6M → $710K
Boca Raton median sold, yr/yr
93.4%
Sale-to-list ratio (12 mo)
52 of 400
Boca Raton actives have cut their price
Median sold price, Boca Raton, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 172% above the Boca Raton median. See the full Boca Raton market guide →
Paper trail
This home's history
Reality check
What actually sold near 550 S Ocean Boulevard # 1003
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$1,514,000
500 S Ocean Boulevard # 303, Boca Raton FL 33432 · same community
2 bd · 2 ba · 1,446 sqft · $1,047/sqft · 29 DOM
Sold · Mar ’26$1,700,000
500 S Ocean Boulevard # 1905, Boca Raton FL 33432 · same community
2 bd · 2 ba · 1,448 sqft · $1,174/sqft · 61 DOM
Sold · Oct ’25$1,150,000
550 S Ocean Boulevard # 1205, Boca Raton FL 33432 · same community
2 bd · 2 ba · 1,448 sqft · $794/sqft · 65 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Your agent
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 550 S Ocean Boulevard # 1003 — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 550 S Ocean Boulevard # 1003 — before you fall in love.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
550 S Ocean Boulevard # 1003 FAQs
What would the monthly payment be for 550 S Ocean Boulevard # 1003, Boca Raton FL 33432?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,803/mo — principal and interest, the actual property-tax bill, the $1,647/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 550 S Ocean Boulevard # 1003, Boca Raton FL 33432?+
The association fee works out to $1,647 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 550 S Ocean Boulevard # 1003, Boca Raton FL 33432?+
The most recent tax bill on record (2025) was $16,425. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 550 S Ocean Boulevard # 1003, Boca Raton FL 33432?+
The listing reports pets: No, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Boca Raton?+
At $1,495,000, this home is listed about 172% above the Boca Raton median of $549,900. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Positioned at the premium end
$1,495,000 runs 172% above the Boca Raton median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $1,647/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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