4 months on rocket

5540 N Ocean Dr Unit 16A, Riviera Beach, FL, 33404

$1,449,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,435 SqFt
$1,010/SqFt
Condo

Location

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5540 N Ocean Dr Unit 16A, Riviera Beach$1,449,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered
Garage1 space
Year Built1975
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontIntracoastal, Ocean Access, Ocean Front
ViewOcean, Intracoastal
MLS #RX-11005322
StatusActive

About 5540 N Ocean Dr Unit 16A

A rare opportunity to own a unit that doesn't come up often for sale in Tower 1 at Water Glades. This high floor renovated condo has panoramic views of the ocean and the intracoastal. Come and see this gem which gives you a feel of being on a cruise and beach lifestyle that can only be offered in South Florida.

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Stories: 18
  • Living Area: 1,435 SqFt

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Jonathan Santiago

Interior Features

Interior Information:

  • Appliances: Refrigerator, Dishwasher
  • Flooring Type: Tile
  • Interior: Split Bedroom, Walk-in Closet, Elevator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Intracoastal, Ocean Access, Ocean Front
  • View: Ocean, Intracoastal
  • Exterior: Covered Balcony, Wrap-Around Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Covered

Virtual/3D Tour

  • Virtual Tour: 5540 N Ocean Dr Unit 16A
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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,449,000
  • Price Per SqFt: $1,010/SqFt

HOA Fees:

  • Amount: $1650
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Riviera Beach, FL.

Med. Sold Price

$397.5K

Med. Price/SqFt

$282

Avg. Days On Market

57

# of Sold Homes

26

5540 N Ocean Dr Unit 16A vs Riviera Beach

129 DAYS ON ROCKET

+72 Days

$1,449,000

+$1.0M More

$1,010/SqFt

+$727 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $727/SqFt more than other homes in Riviera Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11005322

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Jonathan Santiago

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,949

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,411

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1168905
5
/10
  • Lake Park Elementary School

  • 410 3rd St

  • 1.88 miles

  • Public District Grades PK-5

school-card-donut-1168906
5
/10
  • Allamanda Elementary School

  • 10300 Allamanda Dr

  • 2.69 miles

  • Public Magnet Grades PK-5

school-card-donut-1168907
7
/10
  • Palm Beach Gardens Elementary School

  • 10060 Riverside Dr

  • 3.40 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,672. Typical income of Riviera Beach, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5540 N Ocean Dr Unit 16A

What is the listing price of this property?

The listing price of 5540 N Ocean Dr Unit 16A property is $1,449,000.

What type of property is this?

The property 5540 N Ocean Dr Unit 16A is a condo located in Riviera Beach, Florida, 33404.

Is this property for sale now?

Active Listing: 5540 N Ocean Dr Unit 16A is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5540 N Ocean Dr Unit 16A has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5540 N Ocean Dr Unit 16A is 1,435 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5540 N Ocean Dr Unit 16A is 1975.

Rocket Homes›Florida›Palm Beach County›Riviera Beach›33404›5540 N Ocean Dr Unit 16A

This home is located at 5540 N Ocean Dr Unit 16A in Riviera Beach, FL and zip code 33404. This 1,435 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $1,449,000.

Over 2 listings were sold over their listed price in October 2024 in Riviera Beach, FL. In the same period over 15 listings were sold below the listed price and 9 listings were sold for the listed price. The number of homes for sale in Riviera Beach, FL increased by 12.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $397,500, while the average time on the real estate market was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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