Cays Realty
5505 N Ocean Boulevard 12-205, Ocean Ridge, FL 33435 — MLS photo

Get More Info About This Property

5505 N Ocean Boulevard 12-205, Ocean Ridge, FL 33435

Active · Condominium

$349,000

5505 N Ocean Boulevard 12-205, Ocean Ridge, FL 33435

Beds
2
Baths
2
Living area
962 sq ft
$ / sq ft
$363/sq ft
Year built
1969
Lot size
—
HOA fee
$1,445 Monthly
Annual tax
$5,218

About this property

Your new address on the beach! Bring your suitcase and relax! Bright, modern, and beautifully remodeled 2/2 corner condo with ocean views from both porches. Features include impact windows, brand-new finishes throughout, and your own washer and dryer in the unit. Step outside and enjoy 200 feet of private beach right out front the perfect place to soak up the sun and unwind. Walk to restaurants and shops, ideally located between Delray Beach and Palm Beach, it doesn't get better than this!

Property location

Get Directions

5505 N Ocean Boulevard 12-205, Ocean Ridge, FL 33435

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
962 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Freezer, Microwave, Refrigerator, Washer
Cooling
Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Breakfast Area, Dining Area, Separate Formal Dining Room, Split Bedrooms, Shower Only, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1969
Stories
2
Lot size
0 sq ft
Construction
Block
Exterior features
Storm Security Shutters
Pool
None
Waterfront
Ocean Access

Parking

Covered spaces
0
Parking features
Assigned, One Space

HOA, Community & Financials

Association fee
$1,445 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Parking, Pest Control, Security, Trash, Water
Amenities
Beach Rights, Clubhouse, Barbecue, Picnic Area
Security
Fire Alarm, Smoke Detectors
Pets allowed
No
Annual tax
$5,218
Subdivision
COLONIAL RIDGE CORP
County
Palm Beach
Days on market
292
MLS listing ID
R11134299
Listing status
Active

Virtual tour

Explore 3D / Virtual Tour

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

-$1,316

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.2%
Gross yield
9.3%
Mortgage payment
$1,654/mo
Down payment
$87,250
Loan amount
$261,750
Annual NOI
$4,062

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.