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    3009 Ocean Blvd Highland Beach, FL 33487

    Sponsored
    For Sale
    $1,589,000

    Luxury oceanfront condo, 1400 sq ft, immediate occupancy.

    Property size:
    1,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This stunning 1,400 square foot mixed-use condo, located at 3009 S Ocean Blvd, unit #901, in the prestigious Highland Beach, Florida (33487), offers unparalleled luxury and oceanfront living. Situated in a ten-story building with only six units per floor, this meticulously maintained condo boasts a 200 square foot private balcony providing breathtaking direct ocean views. Enjoy sunrise views over the Atlantic and sunset views over the Intracoastal Waterway. The unit features a southeast exposure and is part of a building that has undergone extensive renovations in the last three years, including a new A/C unit and water heater. Building amenities include a heated pool, hot tub, and weight room, along with a first-floor lobby and ocean sitting room complete with a kitchen, perfect for private events. A building manager is on-site weekdays from 8 am to 4 pm. While the property is currently owner-occupied, a two-year waiting period applies before leasing is permitted. Past seasonal leases commanded $11,000 per month. The property is conveniently located near Delray Beach's Atlantic Avenue, Boca Raton, and the Trump International Golf course and Palm Beach International Airport. All assessments are paid, and the buyer can occupy the unit upon closing. A mold report is available upon request during the feasibility period. Palm Beach County approved engineer inspections are on file. This is a truly exceptional opportunity to own a piece of paradise.

    Property Features for 3009 Ocean Blvd

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,400 SF

    Building Details

    Year Built/Renovated
    1985/2023
    Buildings
    1
    Stories
    10
    Units
    1

    HighLights

    • $1,589,000 asking price for this mixed‑use condo in Highland Beach, FL.
    • 1,400 square feet, 100% occupied, with a potential rental income of $11,000 per month after a two‑year waiting period.
    • Located at 3009 S Ocean Blvd, Unit #901, in a 10‑story building with oceanfront views and a private balcony.
    • Building amenities include a heated pool, hot tub, weight room, and a common area with a kitchen.
    • Recently renovated in 2023, with new A/C and water heater. All assessments are paid.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Highland Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.063607
    Latitude
    26.420941

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    FAQs

    What type of property is this?
    Multifamily property - Luxury oceanfront condo, 1400 sq ft, immediate occupancy.
    Where is this multifamily property located?
    The property is located at 3009 Ocean Blvd Highland Beach, FL.
    What is the asking price?
    The asking price for this property is $1,589,000.
    What are key features of this property?
    This property features: $1,589,000 asking price for this mixed-use condo in Highland Beach, FL.; 1,400 square feet, 100% occupied, with a potential rental income of $11,000 per month after a two-year waiting period.; Located at 3009 S Ocean Blvd, Unit #901, in a 10-story building with oceanfront views and a private balcony.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3009 Ocean Blvd Highland Beach, FL 33487
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