5540 N Ocean Drive 9b, Singer Island, FL 33404 — MLS photo

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5540 N Ocean Drive 9b, Singer Island, FL 33404

Active · Condominium

$999,000

5540 N Ocean Drive 9b, Singer Island, FL 33404

Beds
2
Baths
2
Living area
1,435 sq ft
$ / sq ft
$696/sq ft
Year built
1975
Lot size
—
HOA fee
$1,700
Annual tax
—

About this property

Completely renovated stunner with jaw dropping views 180 degrees, with that "you made it!" lifestyle. Enjoy sunrises and sunsets from this end unit. Open Kitchen, double oven, coffee bar. Beaming with natural light. All milestone and 30 year certifications done, all work done, no special assessments coming up so you are all set! Impact glass completes the transformation. Small pet is welcome! Why JOIN A CLUB? With a 1000 feet of beach frontage, Waterglades is a resort all unto its own, 24 hour gated community, 2 resort pools, putting green, 4 lighted tennis / pickle courts, community rooms, gorgeously renovated lobby. Storage and bike storage. Hammocks on the pool terrace. State of the art fitness. Meander to the award winning McArthur State Park. Your search is complete.

Property location

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5540 N Ocean Drive 9b, 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
$1,700
County
Palm Beach
MLS listing ID
B26012793
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

-$3,803

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.3%
Gross yield
6.4%
Mortgage payment
$4,736/mo
Down payment
$249,750
Loan amount
$749,250
Annual NOI
$11,190

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