2800 N Ocean Drive B-15d, Singer Island, FL 33404 — MLS photo

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2800 N Ocean Drive B-15d, Singer Island, FL 33404

Active · Condominium

$569,000

2800 N Ocean Drive B-15d, Singer Island, FL 33404

Beds
2
Baths
2
Living area
1,219 sq ft
$ / sq ft
$467/sq ft
Year built
1973
Lot size
—
HOA fee
$1,526
Annual tax
—

About this property

Stunning ocean views from every room define this beautifully updated and well-maintained 2BR residence in Phoenix Tower. Light-filled and inviting, this fully renovated condo offers a stylish coastal design with sweeping north- and south-facing views of the Atlantic and wide sandy beaches. The open floor plan features new flooring, updated lighting, and a bright living area with a cozy fireplace overlooking the ocean. The modern kitchen is equipped with white cabinetry, quartz countertops, under-cabinet lighting, and stainless-steel appliances. The spacious primary suite offers breathtaking ocean views, walk-in and secondary closets, and a stunningly renovated en-suite bath with glass shower doors and updated cabinetry. An expansive balcony provides the perfect setting to enjoy sunrise coffee and ocean breezes. Phoenix Tower is one of only three buildings on the island permitting 30-day rentals up to four times per year, making it highly desirable for investors and seasonal owners alike. Residents enjoy resort-style amenities including a pool, private beach access, tennis and pickleball courts, clubhouse, BBQ area, and assigned parking. The community is currently undergoing a full transformation with concrete restoration, refreshed interiors and exteriors, modernized courts, upgraded parking, and redesigned lobbies -- enhancements set to further elevate value and appeal. Conveniently located near shopping, dining, water sports, and Palm Beach International Airport, this is coastal living at its finest.

Property location

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2800 N Ocean Drive B-15d, Singer Island, FL 33404

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,219 sq ft

Exterior & Structure

Property type
Condominium
Year built
1973
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,526
County
Palm Beach
MLS listing ID
R11165424
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

-$2,073

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.6%
Gross yield
7.9%
Mortgage payment
$2,697/mo
Down payment
$142,250
Loan amount
$426,750
Annual NOI
$7,491

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