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$499,000   Price Analysis
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5500 Old Ocean Blvd Apt 103
Ocean Ridge, FL 33435
2 bed 2 bath 1,062 SqFt ($469/SqFt)
Built 1973
Listed 2024-04-17, HOA $640, Taxes $6,114
Ⓧ USDA Ineligible
due to location

near Ocean Ridge

This 2/ bed 2/ bath condo is located on Old Ocean Blvd in Ocean Ridge steps away from the warm surf of the Atlantic Ocean.

* Sale Pending *

Old Ocean Blvd is one of the most scenic pedestrian streets in FL with little traffic. This condo is charming and the interior will need updating. Ocean Manor has an undeniable character of a South Fl Seaside resort. Ocean Manor owns 200 feet of prime Ocenfront with a private beachfront deck where you can spend your morning enjoying coffee and watching the sunrise.

Sellers disclose that there is uneven flooring in the primary bedroom and bathroom as well as surrounding areas caused by foundation settling. This existed when seller purchased this property in 1985


Presented by Susan Curt at
Compass Florida LLC (PB).
Listing Agent Photo

Property MLS #RX-10978950 from BeachesMLSFlex

Bedrooms: 2
Bedrooms On Main Level: 2
Primary Bedroom Level: M
Bedroom 2 Level: M

Total Bathrooms: 2 / 0
Full Bathrooms: 2
Bathrooms On Main Level: 2
Primary Bathroom Features: Combo Tub/Shower, Separate Shower

Walk-in Closet
Furnished Description: Unfurnished
Flooring: Carpet, Ceramic Tile, Linoleum

Dishwasher
Range - Electric
Refrigerator
Smoke Detector

Storage
Living Room Level: M

Cooling Features: Central, Electric
Heating Features: Central, Electric

Dining Area Description: Dining-Living
Kitchen Level: M

Covered Patio
Shutters
Patio And Porch Features: Porch Remarks: Porch

Pool Features: Private Pool: Concrete, Heated
Pool Private: Yes

Ocean Access
Oceanfront

Covered Spaces: 2
Garage Spaces: 2
Parking Features: Open

Lot Description: East of US-1

View: Garden

Association: Yes
Association Amenities: Common Areas, Common R.E. Tax, Insurance-Bldg, Laundry Facilities, Lawn Care, Legal/Accounting, Management Fees, Parking, Pool Service, Trash Removal
Association Fee: 640
Association Fee Amenities: Picnic Area, Pool, Private Beach Pvln
Calculated Total Monthly Association Fees: 640
Association Name: Mandatory
Pets Allowed: No

Community Features: Gated Community:

Application Fee: 200.00

Annual Tax Amount: 6793.00
Source Listing Status: Pending
County: Palm Beach
Directions: Woolbright east to A1A, Continue south to 5500 Old Ocean Blvd call for gate code.
Tax Year: 2023
Restrictions: Commercial Vehicles Prohibited, Maximum # Vehicles, No Lease First 2 Years
Source Property Type: Residential
Area: 4120
Property Subtype: condo
Source Neighborhood: Ocean Manor
Subdivision: Ocean Manor
Zoning: Resale
Property Subtype: Condo/Coop
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$292,820
$6,114
2021$unknown + $unknown
$266,200
$5,598
2020$unknown + $unknown
$242,000
$5,259
2019$220,000 + $unknown
$220,000
$4,464
2018$220,000 + $unknown
$220,000
$4,300
2017$215,000 + $unknown
$215,000
$4,245
2016$unknown + $unknown
$203,500
$4,222
2015$185,000 + $unknown
$185,000
$3,886
2014$unknown + $unknown
$175,692
$3,806
2013$unknown + $unknown
$159,720
$3,568
2012$unknown + $unknown
$145,200
$3,393
2011$unknown + $unknown
$132,000
$2,920
2010$unknown + $unknown
$145,000
$3,220
2008$unknown + $unknown
$171,108
$4,916
2007$unknown + $unknown
$325,000
$6,165

Listed 2024-04-17
$499,000
BeachesMLSFlex

Total Square Feet Living: 1062
Year Built: 1973
Construction Materials: CBS
Direction Faces: South
Entry Level: 1
Living Area Source: Tax Rolls
Property Age: 51
Property Condition: Resale
Roof: Comp Shingle
Levels or Stories: 2.00
House Style: Courtyard, Traditional
Total Area Sqft: 1062
Year Built Details: Resale

Public Water
Water Source: Public Water

Forest Park Elementary School is a public elementary school located approximately 1.3 miles away.
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Congress Community Middle School is a public middle school located approximately 2.8 miles away.
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Boynton Beach Community High School is a public high school located approximately 2.9 miles away.
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Gulf Stream School is a private elementary and middle school located approximately 1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.