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+36 photosLuxury condo — 4500 S Ocean Boulevard 405 · Imperial House Inc · Lantana
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Open property magazine$299,000
4500 S Ocean Boulevard 405, Lantana, FL 33480
Lantana, FL, 33480
1 bd · 1 ba · 798 sqft
Listed by LPT Realty, LLC
4500 S Ocean Boulevard 405, Lantana, FL 33480
Listed by LPT Realty, LLC
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Estimated monthly payment
$2,805/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 $2,805/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: AE · verify insurance quotes before buying.
About this home
Find similar homesPRICE IMPROVEMENT! Experience coastal living from this beautifully updated 4th-floor residence in Imperial House on the quiet barrier island of South Palm Beach. This charming 1-bedroom, 1-bath cooperative offers ocean views from every room and a welcoming blend of comfort and style. Inside, you'll find upgraded flooring, a stunning built-in bar, custom shelving, an electric fireplace, upgraded kitchen countertops and backsplash, an updated bathroom, and a spacious walk-in closet. The building's front balcony offers beautiful views of both the ocean and community pool.Imperial House residents enjoy private beach access, a rooftop sundeck, secure entry, elevator access, assigned parking, and guest parking. Conveniently located near dining, shopping, and resort amenities, this community offers one of the lowest HOA fees on the beach, no land lease, a restored seawall (2023), and all current assessments paid by the seller. Concrete restoration is anticipated to be completed by June 2026. Cash purchase only due to cooperative ownership.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 8%
The seller has come down from $325,000 to $299,000 — a $26,000 reduction since it came on the market.
163 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Building health
- Building
- IMPERIAL HOUSE INC· MLS
- Year built
- 1961· MLS
- Stories
- 6· 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
- Yes· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $825 / 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
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Your costs (est.)
≈ $2,805/mo
4500 S Ocean Boulevard 405, Lantana, FL 33480 · Lantana
Location
4500 S Ocean Boulevard 405, Lantana, FL 33480
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 4500 S Ocean Boulevard 405, Lantana, FL 33480?+
Property tax (after sale): $205/month est.; homeowners insurance: $224/month est.; HOA: $825/month. Fixed ownership costs before a mortgage: $1,254/month est. Principal and interest: $1,551/month; PMI: $0/month. Total for the payment scenario shown: $2,805/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 4500 S Ocean Boulevard 405, Lantana, FL 33480?+
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 4500 S Ocean Boulevard 405, Lantana, FL 33480 need flood insurance, and what drives the premium?+
Most of Lantana 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 4500 S Ocean Boulevard 405, Lantana, FL 33480?+
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 4500 S Ocean Boulevard 405, Lantana, FL 33480 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Lantana 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 4500 S Ocean Boulevard 405, Lantana, FL 33480?+
This listing has been on the market 163 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
Located in Lantana, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
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
Zone boundaries published by School District of Palm Beach County.
Other options for this address
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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Simon Gedz
Realtor® since 1995
Interested in this property?
$299,000 · MLS A12029426
$299,000
4500 S Ocean Boulevard 405
