Palm Beach County property record for 550 S Ocean Blvd, Apt 2003, Boca Raton, FL 33432
| Property Type | Condominium |
|---|---|
| Details | 2 bd · 2 ba · 1,446 sqft · built 1974 |
| Lot Size | 1.63 acres (71,291 sqft) |
| Owner | Individual Name on File |
| Last Sale | $38,000 (Feb 1994) |
| Tax Bill | $5,897 (2025) |
| Deeds & Mortgages | Dec 2025 Reverse Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 06-43-47-28-08-001-2003 |
| Primary APN | 06-43-47-28-08-001-2003 |
|---|
| Bedrooms | 2 Beds |
|---|---|
| Full Baths | 2 Baths |
| Units | 550 Units |
| Stories | 20 Stories |
| Building Area | 1,446 sqft Living Area |
| Year Built | Built 1974 |
|---|---|
| Effective Year Built | Effective 1974 |
| Architectural Style | Condo/Apartment |
| Construction Type | Masonry / Concrete Block |
| Lot Area | 71,291 sqft (1.63 acres) |
| View / Lot | Ocean |
| Street Address | 550 S OCEAN BLVD, 2003 |
|---|---|
| City | BOCA RATON |
| State | FL |
| Zip | 33432-6248 |
| Property Category | Residential |
| Property Type | Residential > Condominium / Townhouse > Condominium |
| Legal Description | CHALFONTE COND APT 2003 BLDG SOUTH |
| Legal Range | 43E |
| Legal Township | 47S |
| Legal Section | 28 |
| Legal Subdivision | CHALFONTE NORTH & SOUTH CONDO |
| Legal Block | 1 |
| Jurisdiction | PALM BEACH FL |
| Township / Civil Division | BOCA RATON |
| Census Block Group | 2 |
| Census Block | 2001 |
| Census Tract | 7421 |
550 S Ocean Blvd, Apt 2003 is owned and occupied by an individual who bought it in February 1994.
Source: Palm Beach County records, as of March 24, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 550 S OCEAN BLVD, 2003, BOCA RATON, FL 33432-6248 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Feb 7, 1994 · Amount on File |
| Deed Sale | Feb 7, 1994 · Amount on File |
| Deed Book / Page | 8110 / 1126 |
| Prior Transfer Date | Jan 14, 1994 |
| Prior Transfer Doc | 8110001126 |
| Record Updated | Jun 8, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | PALM BEACH FL |
| Property Address | 550 S OCEAN BLVD APT 2003, 2003, BOCA RATON, FL 33432-6248 |
| Transaction Type | Mortgage |
| Record Updated | Dec 23, 2025 |
| Name | Verified Name |
|---|
| Document Number | 0361711772 |
|---|---|
| Date | Dec 5, 2025 |
| Book Page | 36171/1772 |
| Instrument | 20250428176 |
| Name | FINANCE OF AMERICA REVERSE LLC |
|---|---|
| Type | Reverse Mortgage Lender |
| Address | TULSA, OK 74133 |
| Type | Reverse Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 1041 Months |
| Due | Aug 31, 2112 |
The 2025 property tax bill for 550 S Ocean Blvd, Apt 2003 was $5,897 with a homeowner's exemption, up 3.1% from the year before.
Source: Palm Beach County assessment roll, as of December 10, 2025
| Type | Name |
|---|---|
| State | Florida |
| Municipality | Boca Raton City |
| County | Palm Beach County |
| Unified School District | Palm Beach County School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $5,897.00 (+3.09%) Homeowner's exemption | $372,061 | $1,000,000 Building $1,000,000 |
| 2024 | $5,720.00 (+2.42%) | ||
| 2023 | $5,585.00 (+1.1%) Homeowner's exemption | $351,044 (+3%) | $968,280 (+4.47%) Building $968,280 |
| 2022 | $5,524.00 Homeowner's exemption | $340,819 | $926,850 Building $926,850 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 550 S Ocean Blvd, Apt 2003 in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.
Source: FEMA National Flood Hazard Layer, effective September 24, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone VE, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on File median of 127 individual policies |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 1,120 units insured incl. 993 condo units |
| Nearby Flood Claims | 8 (2004–2025) |
| Claims Outside the SFHA | 3 of 8 |
| Most Recent Claim | Oct 2025 · rainfall accumulation |
| Claims by Event |
|
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 550 S Ocean Blvd, Apt 2003 is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 98% of the US · lower than 97.6% of Florida |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | BOCA RATON WTP serves 130,000 people · EPA ID FL4500130 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Oct 2024 |
| Lead | Under 1 ppb (2023) action level 15 ppb |
| Water Quality | E. coli resolved · Aug 2019 |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 7 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 24 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable · Fiber in parts of the area | 2,000 / 250 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T DSL | 100 / 20 |
May also be available: Hotwire Communications.
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