550 SW 2nd Avenue 124, Boca Raton, FL 33432

$210,000

Virtual Tour

https://www.propertypanorama.com/550-SW-2nd-Avenue-124-Boca-Raton-FL-33432/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 864 Status: Closed

Current Price: $210,000 List Date: 2/05/2025 Last Modified: 5/25/2026

Overview

Description

INVESTORS DREAMS!! 2 BEDROOMS & 2 BATHROOMS CONDO WITH TENANT IN PLACE-IN THE HEART OF DOWNTOWN BOCA! WASHER/DRYER IN THE UNIT. ASSIGNED PARKING SPACE JUST STEPS AWAY FROM THE UNIT. ENJOY 1ST FLOOR CONVENIENCE! WALK TO SHOPPING, RESTAURANTS, THE LIBRARY, AND MIZNER PARK! THE BEACH IS LESS THAN A MILE AWAY! THIS IS AN EXCEPTIONAL OPPORTUNITY TO START MAKING INCOME FROM DAY ONE.

Listing Details MLS# R11059178

General Property Information

Unit Floor #: Yes
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 864
Building Area Source: Appraiser
Living Area Main: 864
Year Built: 1971
Gated Community YN: No
Senior Community YN: No
Stories Total: 2
Direction Faces: Northeast
Pool Private YN: No
Furnished: Unfurnished

Property Features

Property Condition: Resale Appliances: Dishwasher; Disposal; Electric Range; Microwave; Refrigerator; Washer Construction Materials: Concrete Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: None Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease OK Tax Information: No Homestead Utilities: Water Available Water Access: None Water Source: Public Showing Requirements: Call Listing Agent; Occupied; Schedule Online; Text Listing Agent Contingencies: None Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 225000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 550
Street Direction Prefix: SW
Street Name: 2nd
Street Suffix: Avenue
Unit Number: 124
City Name: Boca Raton
State Or Province: FL
Postal Code: 33432
Postal Zip: 33432
Subdivision Name: BOCA TOWNE CENTRE
Area: 4770
Geographic Area: PB04
Special Assessment YN: No
Parcel Number: 06434730270031240
Zoning: r3 residential
Directions: From I-95 go east on PALMETTO PARK RD and make a right on 2nd Ave, then make a left on SW 6th Street. The building is the one on the right

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 578
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 3154
Tax Year: 2024
Tax Legal Description: BOCA TOWNE CENTRE BLDG C APT 124

Status Change Information

Major Change Timestamp: 2025-03-19T17:03:19Z
Major Change Type: Status Change
Status Change Date: 2025-03-19
Under Contract Date: 2025-02-10
Close Date: 2025-03-14
Close Price: 210000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: Yes

Storm Protection

Panel Shutters: Partial

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 243.05
Original List Price To Close Price: 1.07

Originating Details

Originating System Key: 20250204231707463703000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

None: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Utilities

Water Available: Yes

Heating

Central: Yes

Water Access

None: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

Concrete: Yes

Interior Features

None: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

Call Listing Agent: Yes
Occupied: Yes
Schedule Online: Yes
Text Listing Agent: Yes

Master Bedroom/Bath

None: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Restrictions

Buyer Approval Required: Yes
Lease OK: Yes

Tax Information

No Homestead: Yes

Contingencies

None: Yes

Room Information

Room Name	Length	Width	Level	Remarks
Living Room	55.00	55.00	Main	5x5
Kitchen	55.00	55.00	Main	5x5
Master Bedroom	55.00	55.00	Main	5x5

Listing Office: Beautiful Homes Realty Inc

Last Updated: May - 25 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

550 SW 2nd Avenue 124, Boca Raton, FL 33432 (MLS# R11059178)