5550 N Ocean Drive 3c, Riviera Beach, FL 33404 — MLS photo

Get More Info About This Property

5550 N Ocean Drive 3c, Riviera Beach, FL 33404

Active · Condominium

$785,000

5550 N Ocean Drive 3c, Riviera Beach, FL 33404

Beds
2
Baths
2
Living area
1,580 sq ft
$ / sq ft
$497/sq ft
Year built
1978
Lot size
—
HOA fee
$1,695 Monthly
Annual tax
$14,426

About this property

Experience one of Singer Island's most exceptional waterfront residences in the coveted 200 building at Water Glades. Ideally positioned in what many consider the premier stack, Residence 3C showcases breathtaking unobstructed views of the Atlantic Ocean, Intracoastal Waterway, and protected vistas overlooking John D. MacArthur Beach State Park. Enjoy the rare privilege of both spectacular sunrises and glowing sunsets visible directly from your private balcony. Thoughtfully updated, the kitchen wall has been removed to create an open-concept design that maximizes views, natural light, and flow. Additional highlights include a washer and dryer in the unit and an exceptionally large private storage room exclusive to this residence. Water Glades is situated on one of the largest and most beautifully maintained parcels on Singer Island, offering a private, wide sandy beach and resort-style amenities including 24/7 security, tennis courts, two pools, a newly renovated clubhouse with full kitchen available for resident use, fitness centers located in each building, shuffleboard, putting green, car wash area, and three grilling stations surrounded by lush, beautifully manicured grounds. A rare opportunity to enjoy privacy, panoramic water views, and one of the island's most sought-after coastal lifestyles.

Property location

Get Directions

5550 N Ocean Drive 3c, Riviera Beach, FL 33404

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,580 sq ft
Flooring
Ceramic Tile, Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Softener Owned, Self Cleaning Oven, Water Softener, Washer
Cooling
Ceiling Fans, Humidity Control, Central Air
Heating
Central
Interior features
Built In Features, Bedroom On Main Level, Bathtub, Dual Sinks, Fireplace, Living Dining Room, Main Level Primary, Main Living Area Entry Level, Split Bedrooms, Shower Only
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1978
Stories
22
Lot size
0 sq ft
Architectural style
One Story
Roof
Flat, Tile
Construction
Block, Stucco
Exterior features
Barbecue, Outdoor Shower, Porch, Storm Security Shutters, Tennis Courts
Pool
None, Association, Community, Heated
Waterfront
Intracoastal Access, Seawall
View
Intercoastal, Ocean, Tennis Court, Water

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$1,695 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Insurance, Internet, Laundry, Legal Accounting, Parking, Pest Control, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water
Amenities
Bike Storage, Clubhouse, Community Kitchen, Controlled Access, Fitness Center, Laundry, Library, Management, Maintenance, Pool, Putting Greens, Guard, Shuffleboard Court, Security, Storage, Tennis Courts, Trails, Trash, Vehicle Wash Area, Elevators
Security
Building Security, Closed Circuit Cameras, Complex Fenced, Fenced, Security Gate, Gated With Guard, Secured Garage Parking, Intercom, Key Card Entry, Lobby Secured, Phone Entry, Security Lights, Security System Owned, Security System, Fire Sprinkler System, Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$14,426
Subdivision
WATER GLADES CONDO
County
Palm Beach
Days on market
123
MLS listing ID
B26030984
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

-$2,574

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-14.1%
Gross yield
7.6%
Mortgage payment
$3,721/mo
Down payment
$196,250
Loan amount
$588,750
Annual NOI
$13,771

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