2727 S Ocean Boulevard 505 & Cabana #5, Highland Beach, FL 33487

$2,250,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,552 Status: Closed
Current Price: $2,250,000 List Date: 1/20/2022 Last Modified: 7/02/2026

Overview

Description

Sophisticated modern 2 bed, 2-1/2 bath residence complete w/ premium corner beachside cabana. Free-flowing East-to-West 2,552+/-ft floor plan offers unobstructed views of Ocean & Intracoastal.

Supplements: Location: Villa Magna is located in Palm Beach County on South Ocean Boulevard, in Highland Beach, Florida. An exclusive oceanfront condominium offering luxurious amenities, the Villa Magna is situated directly along the exquisite sands of one of Southeast Florida's finest beaches. In a very desirable location, the Villa Magna lies just minutes ...

Listing Details MLS# R10771104

General Property Information

Total Units In Building
92
Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Building Area Main
2552
Building Area Source
Builder
Living Area Main
2052
Year Built
1982
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Gated Community YN
No
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
15
Direction Faces
East
Pool Private YN
No
Furnished
Furnished
Year Roof Installed
2021

Property Features

Application Information: Personal Interview Required Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Pest Control; Security; Water Dining Area: Eat-In Kitchen Electric: Three Phase Exterior Features: Outdoor Shower Flooring: Carpet; Marble; Other Foundation Details: Piling Parking Features: Assigned; Circular Driveway; Guest; Under Building; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer; Cooktop Architectural Style: Colonial Boat and Dock Features: Wake Zone Construction Materials: CBS; Stucco Cooling: Central Air; Reverse Cycle Association Type: Condominium Heating: Central; Electric; Heat Pump Interior Features: Cabana Bath; Closet Cabinetry; Custom Mirrors; Entrance Foyer; Pantry; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet; Laundry Tub Listing Terms: Cash; Conventional Other Structures: Cabana Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease Restrictions; Parking - No RV Security Features: Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Lobby - Attended; Security Patrol; Security System; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County; No Homestead Unit Description: Interior Hallway Utilities: Sewer Available; Water Available Water Source: Public Water View: Intracoastal; Ocean Waterfront Features: Directly on Sand; Ocean Front Window Features: Sliding Showing Requirements: Appointment Only; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered; Balcony - Open Contingencies: Other Room Types: Bedroom 2; Dining Room; Kitchen; Laundry; Living Room; Master Bedroom; Other; Utility Room

Contract Information

Comp Sale YN
No
Original List Price
2150000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
2727
Street Direction Prefix
S
Street Name
Ocean
Street Suffix
Boulevard
Unit Number
505 & Cabana #5
City Name
Highland Beach
State Or Province
FL
Postal Code
33487
Postal Zip
33487
Subdivision Name
VILLA MAGNA
Area
4150
Geographic Area
PB01
Special Assessment YN
No
Parcel Number
2443462851000050524434628510010050
Zoning
MULTI
Directions
East Side of A1A. 1 mile South of Linton or 2-1/2 miles North of Spanish River. Just north of the Delray Sands Resort
Multiple Offers Accepted
Yes

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
1794.75
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
561-272-1576
Membership Fee Required YN
No
Tax Annual Amount
13487
Tax Year
2021
Tax Legal Description
Villa Magna Cond Unit 505 and Cabana 5

Remarks and Miscellaneous

Public Historical Remarks
Boat Services: Common Dock

More Information

Status Change Information

Major Change Timestamp
2022-03-14T17:50:50Z
Major Change Type
Status Change
Status Change Date
2022-03-14
Under Contract Date
2022-01-27
Close Date
2022-03-14
Close Price
2250000
Buyer Financing
Conventional

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes
Boat Max Length
30
Dock Details
Boat Services: Y
Boat Dock Accommodates
Up to 30 Ft Boat

Capital Contributions

Capital Contributions YN
No

Main Level Rooms

Main Level Bathrooms
3
Main Level Bedrooms
2

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
90

Storm Protection

Impact Glass
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Bedroom 2 Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Other Level
Main
Utility Room Level
Main

Price Calculations

Current Price To SqFt
1096.49
Original List Price To Close Price
0.95

Originating Details

Originating System Key
20220104182443010498000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level Remarks
Bedroom 2 15.00 14.00 Main
Dining Room 15.00 11.00
Kitchen 27.00 8.00 Main
Living Room 21.00 17.00 Main
Master Bedroom 18.00 13.00 Main
Utility Room 10.00 6.00 Main LAUNDRY RM DEEP SINK & BUILT-IN IRONING BOARD
Other Main CORNER POOLSIDE CABANA WITH SHOWER, COMMODE & FRIG
Laundry
IDX
Listing Office: John P. O'Grady LLC
Source MLS Verified
Last Updated: July - 02 - 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.