Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,088 sq ft
Active · Condominium
$449,000
5540 N Ocean Boulevard 212, Ocean Ridge, FL 33435
- Beds
- 2
- Baths
- 2
- Living area
- 1,088 sq ft
- $ / sq ft
- $413/sq ft
- Year built
- 1970
- Lot size
- —
- HOA fee
- $889
- Annual tax
- —
About this property
Experience relaxed coastal living in this furnished 2-bed, 2-bath Ocean Ridge condo on A1A. This spacious, updated 2nd-floor gem offers NEW impact windows ('23-'24), A/C and ducts ('22), appliances ('23 & '24), electrical panel ('22), a fully renovated kitchen with granite counters, kitchen bar seating and wine cooler, and updated bathrooms. Enjoy garden and pool views from the 18-ft enclosed patio. Exclusive amenities include private beach access, boat dockage, heated pool, two clubhouses, fitness center, and BBQ deck. Minutes to downtown Boynton Beach & Delray, shopping, dining, and recreation. Move-in ready!
Property location
Get Directions5540 N Ocean Boulevard 212, Ocean Ridge, FL 33435
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1970
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $889
- County
- Palm Beach
- MLS listing ID
- R11033612
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$1,117
- Cap rate
- 2.7%
- Net yield
- 2.7%
- Cash-on-cash return
- -10.7%
- Gross yield
- 8.5%
- Mortgage payment
- $2,128/mo
- Down payment
- $112,250
- Loan amount
- $336,750
- Annual NOI
- $12,142
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.