Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,000 sq ft
Active · Condominium
$349,300
5550 N Ocean Boulevard 107, Ocean Ridge, FL 33435
- Beds
- 2
- Baths
- 2
- Living area
- 1,000 sq ft
- $ / sq ft
- $349/sq ft
- Year built
- 1969
- Lot size
- —
- HOA fee
- $772
- Annual tax
- —
About this property
Just Reduced to $365K - Your Beachside Escape Awaits! Live the coastal lifestyle you've been dreaming of in this rare first-floor 2BR/2BA condo in Ocean Ridge. Step out to your private patio overlooking a lush courtyard and heated pool—the perfect spot for morning coffee or evening unwinding. With private beach access and Intracoastal docks, every day feels like a vacation. This move-in-ready unit features tile flooring, granite counters, pantry, metal roof, and hurricane shutters for worry-free living. Enjoy resort-style amenities including 2 clubhouses, fitness center, and convenient storage and bike rooms. Just minutes to marinas and the shops, dining, and energy of downtown Delray Beach
Property location
Get Directions5550 N Ocean Boulevard 107, Ocean Ridge, FL 33435
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1969
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $772
- County
- Palm Beach
- MLS listing ID
- B26012095
- 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
-$700
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.6%
- Gross yield
- 9.5%
- Mortgage payment
- $1,656/mo
- Down payment
- $87,325
- Loan amount
- $261,975
- Annual NOI
- $11,473
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.