2727 S Ocean Boulevard 505, Highland Beach, FL 33487

$2,200,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,050 Status: Closed
Current Price: $2,200,000 List Date: 12/13/2023 Last Modified: 8/23/2026

Overview

Description

Magnificent, Spectacular, and Elegant can be used to describe this modern 2 bedroom 2-1/2 bathroom 2,050 sqft waterfront condo perfectly designed for the most exclusive lifestyles. This unit offers incredible unobstructed views of the ocean and intracoastal waterway, located in Palm Beach County, Florida. Villa Magna is rarely available and situated directly along one of Florida's pristine family-friendly beaches, minutes away from Downtown Delray's Atlantic Ave. Villa Magna is the Premier Building-Only Class A Luxury Property in Highland Beach. Recently completed a $21mil renovation, 100% compliance with Milestone Inspections completed.

Supplements: Villa Magna offers around the clock security with the latest high tech security systems and maintenance. Elegant marble lobby, fully equipped clubroom, fitness center, wine room, pool storage lockers, air conditioned storage rooms, bicycle storage room, beachfront pool, hot tub, abundant guest parking. The community recently completed renovations o ...

Listing Details MLS# R10942843

General Property Information

Number Of Units In Community
92
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
2050
Building Area Source
Public Records
Living Area Main
2050
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
14
Direction Faces
East
Pool Private YN
No
Spa YN
Yes
Furnished
Furnished

Property Features

Application Information: Personal Interview Required Association Fee Includes: Cable TV; Common Areas; Elevator; Maintenance Grounds; Maintenance Structure; Pest Control; Security; Trash; Water Dining Area: Breakfast Area; Eat-In Kitchen; Formal Dining Flooring: Carpet Foundation Details: Piling Parking Features: Assigned; Circular Driveway; Deeded; Guest; Under Building; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Colonial Construction Materials: CBS Cooling: Central Air; Humidity Control Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Stacked; Closet Cabinetry; Custom Mirrors; Dome Kitchen; Entrance Foyer; Pantry; Storage; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet; Laundry Tub Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Pool Features: Equipment Included; Heated; In Ground Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease Restrictions Other Leasing Restrictions: Tenant Approval Roof: Tar/Gravel Security Features: Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Lobby - Attended; Security Patrol; Security System; Smoke Detector(s) Sprinkler Description: Auto Sprinkler Tax Information: City/County Unit Description: Interior Hallway Utilities: Cable Available Water Access: No Fixed Bridge; Ocean Access Water View: Intracoastal; Ocean Waterfront Features: Intracoastal; Ocean Front; Seawall; No Fixed Bridges Window Features: Blinds; Sliding Showing Requirements: Appointment Only; Listing Agent Must Accompany; Occupied; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered Contingencies: None Room Types: Bedroom 2; Dining Room; Kitchen; Laundry; Living Room; Master Bedroom; Utility Room

Contract Information

Comp Sale YN
No
Original List Price
2599000

Location and Legal

Country
United States
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
City Name
Highland Beach
State Or Province
FL
Postal Code
33487
Postal Zip
33487
Subdivision Name
VILLA MAGNA CONDO
Development Name
Villa Magna Condominium
Area
4150
Geographic Area
PB01
Special Assessment YN
Yes
Parcel Number
24434628510000505
Zoning
RMM - MULTI-FAM
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

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
2262.93
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
(561) 272-1576
Association Website
manager@villamagnacondominium.com
Membership Fee Required YN
No
Tax Annual Amount
27489.1
Tax Year
2023
Tax Legal Description
VILLA MAGNA COND UNIT 505

Status Change Information

Major Change Timestamp
2025-03-24T13:29:54Z
Major Change Type
Status Change
Price Change Timestamp
2024-12-03T18:42:43Z
Status Change Date
2025-03-24
Under Contract Date
2025-02-17
Close Date
2025-03-20
Close Price
2200000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Short Sale Details

Short Sale Addendum
No

Capital Contributions

Capital Contributions YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Other Pet Restrictions
Service Animals and Emotional Support Animals

Pool Size Details

Pool Size (WxL)
50 X 25

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

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
1073.17
Original List Price To Close Price
1.18

Originating Details

Originating System Key
20231213044612707608000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Bedroom 2 15.00 14.00
Dining Room 15.00 11.00
Kitchen 28.00 7.00 Main
Living Room 21.00 17.00 Main
Master Bedroom 18.00 13.00 Main
Utility Room 11.00 6.00
Laundry
IDX
Listing Office: United Realty Group Inc.
Source MLS Verified
Last Updated: August - 23 - 2026
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