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What we cover
550 S Ocean Blvd, Miami
4
For Sale
$1.6M
Avg Price
$1,186
Sale $/SF
2
For Rent
$10,500
Avg Rent
$7.77
Rent $/SF
+50.0%
YoY
For Sale
4
For Rent
2
Investor-Owned
—
Avg HOA
$1,525/mo
Address
550 S Ocean Blvd, Miami
Neighborhood
Boca Raton
Tier
Luxury
Avg $/SF
$1,186.35
Avg Rent
$10,500/mo
Rent $/SF
$7.77/SF
HOA Range
$1,525 – $1,664
Neighborhood Rank
Top 4%
Total Sales (All-Time)
2
Sale Price Trend ($/SF)
$885
Rental Price Trend ($/SF)
$5.39
Building Activity
Days on Market
70
days
Normal pace
Months of Inventory
6.0
months
Balanced
Sale-to-List Ratio
94.9%
Fair negotiation
Price Reductions
100%
of listings
Many price cuts
Closed Sales (120d)
2
transactions
Low volume
Active Listings
For Sale (4)

$1.4M
Unit Ph-05
$1.5M
Unit 1109
$1.7M
Unit 1405
$1.8M
For Rent (2)

$10K
Unit 1009
$11K
Unit 1509Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Aug 5, 2022 | $1.2M | $804.6 | 2/— | 1,479 |
| Apr 1, 2022 | $1.3M | $881.74 | 2/— | 1,446 |
Top Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
W We R Florida LLC | 1 | 2 | $2.5M |
Coldwell Banker | 1 | 2 | $2.4M |
C Colfax Realty International Inc | 1 | 1 | $2.2M |
M MAR NON MLS MEMBER | 1 | 1 | $1.3M |

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Neighborhood
Boca Raton →
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Building Snapshot