5540 N Ocean Drive 14b, Singer Island, FL 33404 — MLS photo

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5540 N Ocean Drive 14b, Singer Island, FL 33404

Active · Condominium

$1,195,000

5540 N Ocean Drive 14b, Singer Island, FL 33404

Beds
2
Baths
2
Living area
1,435 sq ft
$ / sq ft
$833/sq ft
Year built
1975
Lot size
—
HOA fee
$1,758
Annual tax
—

About this property

THIS IS ONE YOU CANNOT MISS!!! Welcome to this extravagant, fully and exquisitely updated 14th-floor B-unit at Water Glades—an uncompromising blend of luxury, design, and oceanfront perfection. You simply can't beat it. Enjoy extensive beachfront, effortless access, and one of the most breathtaking views on Singer Island, all within walking distance to the pristine John D. MacArthur State Park. This residence comes fully furnished, featuring top-of-the-line pieces including designer couches and a Restoration Hardware 10-seat extendable dining table.

Property location

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5540 N Ocean Drive 14b, Singer Island, FL 33404

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,435 sq ft

Exterior & Structure

Property type
Condominium
Year built
1975
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,758
County
Palm Beach
MLS listing ID
R11153970
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

-$4,730

Cap rate
0.9%
Net yield
0.9%
Cash-on-cash return
-17.0%
Gross yield
5.9%
Mortgage payment
$5,665/mo
Down payment
$298,750
Loan amount
$896,250
Annual NOI
$11,219

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