Bought with Illustrated Properties LLC (Co
$575,000
$599,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
5550 N Ocean DR 8b Riviera Beach, FL 33404
2 Beds
2 Baths
1,779 SqFt
Key Details
Sold Price $575,000
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 1,779 sqft
Price per Sqft $323
Subdivision Water Glades Condo
MLS Listing ID RX-10705681
Bedrooms 2
Full Baths 2
HOA Fees $1,059/mo
Min Days of Lease 90
Year Built 1975
Annual Tax Amount $9,643
Tax Year 2020
Lot Size 11.884 Acres
Property Description
BEST OF BOTH WORLDS - SUNRISE & SUNSET!! This 2BD/2BA fully furnished/turnkey condo is tastefully decorated and very well maintained. Tenant occupied till 6/31/2021 paying $3K per month. Keep tenant or there is a 60 day kickout clause in place. Total area is 1,779 SF with 1,558 SF under air. The open great room area includes floor to ceiling high-impact windows and patio doors,, 30x6 foot wrap around balcony. Unit can also be used as a seasonal rental commanding high rents upward of $5K per month. Water Glades is comprised of three separate complexes which received an AIA Award for their unique architecture. This tower has 23 levels with four corner units to a floor. NEW SEAWALL COMPLETED -No assessment.
Location
State FL
County Palm Beach
Area 5240
Zoning RM-20(
Rooms
Other Rooms None
Interior
Heating Central
Cooling Central
Flooring Ceramic Tile
Exterior
Exterior Feature Covered Balcony
Garage Assigned, Guest, Vehicle Restrictions
Community Features Sold As-Is
Utilities Available Cable
Amenities Available Bike Storage, Business Center, Clubhouse, Common Laundry, Community Room, Elevator, Extra Storage, Fitness Center, Lobby, Manager on Site, Pool, Putting Green, Tennis, Trash Chute
Waterfront Yes
Waterfront Description Intracoastal,Oceanfront
View City, Intracoastal, Ocean
Exposure Southwest
Building
Lot Description 10 to <25 Acres, East of US-1
Story 21.00
Foundation Concrete
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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