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+114 photosLuxury condo — 2727 S OCEAN Boulevard 1502 · Villa Magna Condo · Highland Beach
























































































































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Open property magazine$4,750,000
2727 S OCEAN Boulevard 1502, Highland Beach, FL 33487
Highland Beach, FL, 33487
3 bd · 3 ba · 3,530 sqft
Listed by Douglas Elliman
2727 S OCEAN Boulevard 1502, Highland Beach, FL 33487
Listed by Douglas Elliman
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Estimated monthly payment
$34,465/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $34,465/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesPresenting The Penthouse at Villa Magna, a remarkable Highland Beach residence where two horizons meet. High above the Atlantic, PH1502 offers 3,530 SF of measured interior living space, three bedrooms, expansive glass, sweeping Atlantic and Intracoastal views, and nearly 1,900 SF of outdoor living. Crowning the residence is a private 1,189-SF oceanfront rooftop terrace with wet bar—an extraordinary setting for entertaining above the sea. Two private garage spaces are included. Villa Magna offers more than 350 feet of direct oceanfront, a resort-style pool and spa, fitness and social spaces, wine storage, Intracoastal dockage subject to availability, and an extensive approximately $21M community transformation. A rare penthouse residence, ready for its next chapter. More details in suppl., THE RESIDENCE: A true penthouse residence with Atlantic Ocean and Intracoastal Waterway exposures, offering 3,530 SF of measured interior living space, three bedrooms, three full baths and nearly 1,900 SF of outdoor living. Expansive floor-to-ceiling glass, approximately 9-foot ceilings, impact glass and electronic window shades frame the principal living spaces. A formal double-door entry opens to spacious living and dining areas with direct Atlantic views, complemented by a built-in bar/butler's server and approximately 32-foot open kitchen. All three bedrooms are oriented toward the Intracoastal. The expansive primary suite measures approximately 40 feet in length and includes a separate sitting area, bath and walk-in closets. The third bedroom is configured as a private suite with pocket-door separation. Two private garage spaces are included. PRIVATE ROOFTOP & OUTDOOR LIVING: Crowning the residence is an approximately 1,189-SF private oceanfront rooftop terrace with direct Atlantic views, outdoor wet bar and storage. An expansive eastern terrace extends the principal living spaces toward the Atlantic, while a western balcony overlooks the Intracoastal—creating a residence experienced from sunrise over the ocean to sunset over the Intracoastal. VILLA MAGNA: An established oceanfront building in Highland Beach with more than 350 feet of direct Atlantic oceanfront and approximately $21 million in comprehensive community restoration and improvements. Amenities include an oceanfront pool and spa, direct beach access, fitness facilities, social and gathering spaces, wine storage, a grand oceanfront lobby and attentive resident services. Intracoastal dockage and poolside cabanas are separately owned and subject to availability.
Building health
- Building
- Villa Magna· MLS
- Year built
- 1982· MLS
- Stories
- 15· MLS
- Units
- Not provided —
- Milestone inspection
- Not provided —
- Milestone date
- Not provided —
- SIRS
- Not provided —
- SIRS date
- Not provided —
- Special assessments
- Not provided —
- Assessment amount
- Not provided —
- Assessment purpose
- Not provided —
- Assessment due date
- Not provided —
- Reserves
- Not provided —
- Minimum lease term
- Not provided —
- Rentals per year
- Not provided —
- Pet rules
- No· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $5,014.61 / month · billed Monthly· MLS
Last updated Not provided, source: MLS remarks —
Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.
Property Details
Your costs (est.)
≈ $34,465/mo
2727 S OCEAN Boulevard 1502, Highland Beach, FL 33487 · Highland Beach
Location
2727 S OCEAN Boulevard 1502, Highland Beach, FL 33487
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 2727 S OCEAN Boulevard 1502, Highland Beach, FL 33487?+
Property tax (after sale): $4,804/month est.; homeowners insurance: $0/month est.; HOA: $5,015/month. Fixed ownership costs before a mortgage: $9,818/month est. Principal and interest: $24,647/month; PMI: $0/month. Total for the payment scenario shown: $34,465/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 2727 S OCEAN Boulevard 1502, Highland Beach, FL 33487?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 2727 S OCEAN Boulevard 1502, Highland Beach, FL 33487 need flood insurance, and what drives the premium?+
Most of Highland Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 2727 S OCEAN Boulevard 1502, Highland Beach, FL 33487?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 2727 S OCEAN Boulevard 1502, Highland Beach, FL 33487 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Highland Beach luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 2727 S OCEAN Boulevard 1502, Highland Beach, FL 33487?+
This listing has been on the market 43 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Highland Beach. Three miles of low-rise oceanfront condos and estates between Delray and Boca — quiet and exclusive.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
J. C. Mitchell Elementary School
Elementary · 4.0 mi from this home · 2470 Nw 5Th Ave, Boca Raton
Boca Raton
Middle school
Bais Yaakov Of Boca Raton
High school · 3.8 mi from this home · 2555 Nw Second Ave, Boca Raton
Zone boundaries published by School District of Palm Beach County.
Other options for this address
Trinity Evangelical Lutheran Chrch Of Del Ray Bch
Elementary · Private · Christian · Grades PK–8 · Delray Beach
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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