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$1,497,000   Price Analysis
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5550 N Ocean Dr Ph B
Riviera Beach, FL 33404
2 bed 2 bath 1,435 SqFt ($1043/SqFt)
Built 1975
Listed 2024-04-01, HOA $1315, Taxes $11,670
Ⓧ USDA Ineligible
due to price & location

near Riviera Beach

Experience luxury beachfront living at its finest in this completely remode led penthouse unit in Water Glades Condominiums.

Boasting panoramic views of both th Atlantic Ocean and the Intracoastal Waterway, this 2-bedroom, 2-bathroom penthouse has been meticulously upgraded to offer coastal elegance.Step inside to discover an open kitchen with granite countertops and top-of-the-line Kitchenaid appliances, a newer A/C Unit (2019) and an updated electric panel in 2024. Relax and unwind on the expansive 47-foot wrap-around balcony, offering unparalleled vistas of the ocean and the Intracoastal. With 4 units per floor, privacy and tranquility are guaranteed. Water Glades Condominiums offer a wealth of resort-style amenities, including two heated pools, four tennis courts and a state-of-the-art fitness center.

The newly constructed million-dollar clubhouse provides the perfect setting for social gatherings and relaxation. Recent building upgrades include a new roof (03/2024), Pristine Elevators (6/2023), New Hallways (3/2022), New Lobby (2019), New Comcast rewire (2018), New Sea Wall (2018) and a new $3 Million renovation of the Oceanfront Club House. Located on the northernmost tip of Singer Island, this exclusive property offers unparalleled space and serenity. Enjoy direct access to over 1200 feet of private beach, where you can indulge in infinite days of sun, sand and surf. With its prime location 15 minutes from the airport, Water Glades provides convenient access to all that Singer Island has to offer. Whether you're seeking adventure or relaxation, this oceanfront oasis offers the perfect blend of luxury and tranquility. Live the dream at Water Glades and experience the ultimate beachfront lifestyle.


Presented by Tracy Ward at
400 South US Highway 1.
Listing Agent Photo

Property MLS #RX-10973533 from BeachesMLSFlex

Bedrooms: 2
Bedrooms On Main Level: 2
Primary Bedroom Level: 1
Bedroom 2 Level: 1
Primary Bedroom Features: MBR
Bedroom 2 Features: GUEST BR

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

Closet Cabinets
Foyer
Split Bedroom
Furnished Description: Unfurnished
Flooring: Ceramic Tile, Tile
Window Features: Blinds, Drapes, Impact Glass

Cooktop
Dishwasher
Fire Alarm
Microwave
Range - Electric
Refrigerator
Smoke Detector

Cooling Features: Central
Heating Features: Central

Dining Area Description: Dining-Florida
Dining Room Features: DR
Dining Room Level: 1
Kitchen Features: KIT
Kitchen Level: 1

Living Room Level: 1
Living Room Features: LR
Exercise Room: Yes

Covered Balcony
Wrap-Around Balcony
Patio And Porch Features: Porch Remarks: Balcony
Patio Level: 1
Patio Features: BALCONY; Patio/Balcony

Intracoastal
Oceanfront

Open Parking Spaces: 1
Parking Features: Assigned, Guest

View: Intracoastal, Ocean
Security Features: Entry Card, Gate - Manned, Lobby, TV Camera

Association: Yes
Association Amenities: Cable, Common Areas, Common R.E. Tax, Elevator, Laundry Facilities, Management Fees, Manager, Pest Control, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, Water
Association Fee: 1315
Association Fee Amenities: Bike Storage, Clubhouse, Common Laundry, Community Room, Elevator, Extra Storage, Fitness Center, Library, Lobby, Manager on Site, Pickleball, Pool, Putting Green, Shuffleboard, Tennis, Trash Chute
Calculated Total Monthly Association Fees: 1315
Association Name: Mandatory
Pets Allowed: Yes
Pet Description: Number Limit, Size Limit

Elementary School: Lincoln Elementary School
High School: William T. Dwyer High School
Middle School: John F. Kennedy Middle School

Lincoln Elementary School is a public elementary school located approximately 3.6 miles away.
directions icon Map directions

John F. Kennedy Middle School is a public middle school located approximately 3.7 miles away.
directions icon Map directions

William T. Dwyer High School is a public high school located approximately 6.2 miles away.
directions icon Map directions

Coastal Middle & Sr High School is a private middle and high school located approximately 1.9 miles away.
directions icon Map directions

Unit Description: Penthouse

Community Features: Gated Community:

Application Fee: 100.00

Annual Tax Amount: 13044.00
Source Listing Status: Active
County: Palm Beach
Directions: 95 TO PGA BLVD GO EAST FOR 5 1/2 MILES COMPLEX ON LEFT
Tax Year: 2023
Restrictions: Commercial Vehicles Prohibited, Interview Required, Lease OK w/Restrict, No Motorcycle, No RV, No Truck, Tenant Approval
Source Property Type: Residential
Area: 5240
Property Subtype: condo
Source Neighborhood: WATER GLADES CONDO
Subdivision: WATER GLADES CONDO
Zoning: RM-20(
Property Subtype: Condo/Coop
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$533,500
$11,670
2021$485,000 + $unknown
$485,000
$10,659
2020$485,000 + $unknown
$485,000
$10,740
2019$485,000 + $unknown
$485,000
$10,846
2018$485,000 + $unknown
$485,000
$10,580
2017$485,000 + $unknown
$485,000
$10,721
2016$unknown + $unknown
$445,500
$10,347
2015$405,000 + $unknown
$405,000
$9,407
2014$unknown + $unknown
$370,000
$8,866
2013$unknown + $unknown
$352,000
$8,499
2012$unknown + $unknown
$320,000
$7,805
2011$unknown + $unknown
$350,000
$8,678
2010$unknown + $unknown
$380,000
$9,481
2008$unknown + $unknown
$390,000
$9,695
2007$unknown + $unknown
$420,000
$9,263

Listed 2024-04-01
$1,497,000
BeachesMLSFlex
Sold 2016-12-02
$735,000
BeachesMLSFlex
Listed 2016-10-26
$798,000
BeachesMLSFlex
Sold 2016-09-12
$500,000
BeachesMLSFlex
Listing removed 2016-05-28
$2,500
BeachesMLSFlex
Listed for rent 2016-05-19
$2,500
BeachesMLSFlex
Sold 2016-05-13
$500,000
Public Record
Price Changed 2016-03-25
$609,000
BeachesMLSFlex
Price Changed 2016-03-23
$639,000
BeachesMLSFlex
Price Changed 2016-02-27
$649,000
BeachesMLSFlex
Listed 2015-11-02
$699,000
BeachesMLSFlex
Sold 1988-04-01
$250,000
Public Record

Total Square Feet Living: 1435
Year Built: 1975
Construction Materials: Concrete
Direction Faces: Southeast
Entry Level: 23
Living Area Source: Tax Rolls
Property Age: 49
Property Condition: Resale
Roof: Tar/Gravel
Levels or Stories: 22.00
House Style: 4+ Floors
Total Area Sqft: 1435
Year Built Details: Resale
Elevator: Yes

Cable
Electric
Public Sewer
Public Water
Water Source: Public Water
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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.