5560 N Ocean Boulevard A, Ocean Ridge, FL 33435 — MLS photo

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5560 N Ocean Boulevard A, Ocean Ridge, FL 33435

Active · Townhouse

$1,299,000

5560 N Ocean Boulevard A, Ocean Ridge, FL 33435

Beds
3
Baths
3
Living area
2,265 sq ft
$ / sq ft
$574/sq ft
Year built
1995
Lot size
2,914 sq ft
HOA fee
$1,500
Annual tax
—

About this property

Set in the Ocean Ridge Yacht Club, this spacious, light-filled 3-bedroom, 2.1 bath townhouse lives large with volume ceilings and an open, airy feel throughout. Enjoy an oversized deck overlooking the lagoon with Intracoastal views, creating an ideal indoor-outdoor setting for entertaining or relaxing. Dockage for boats up to 22 ft may be available for lease (buyer to verify availability and terms). The home offers generously sized bedrooms, including a primary suite with vaulted ceilings and a private balcony. Located in the Town of Ocean Ridge, a sought-after residential beach community, with easy access to Delray Beach, major airports, and all that Palm Beach County has to offer.

Property location

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5560 N Ocean Boulevard A, Ocean Ridge, FL 33435

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,265 sq ft

Exterior & Structure

Property type
Townhouse
Year built
1995
Lot size
2,914 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,500
County
Palm Beach
MLS listing ID
B26022835
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

-$3,588

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.8%
Gross yield
7.1%
Mortgage payment
$6,158/mo
Down payment
$324,750
Loan amount
$974,250
Annual NOI
$30,835

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