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$6,495,000

Beds
3
Baths
4.5
sq ft
3,753

5000 N Ocean Dr Unit 1003, Riviera Beach, FL 33404

5000 N Ocean Dr Unit 1003

Singer Island, FL 33404

  • 1 day on market
Experience the finest in Ocean to Intracoastal living in 5000 N. Ocean Drive, the newest building on Singer Island. Located directly on the sand, this boutique luxury building has only 48 units, and this particular suite enjoys preferred southern exposures which offer a ''light and bright'' atmosphere all year round. Your family will enjoy two large entertainment areas - one directly on the ocean near the kitchen and dining area in the ''Great Room'', and the other space, the ''Family Room'' facing the wide water of the Intracoastal Waterway. Enjoy morning coffee with the sunrise, and evening cocktails with the sunset - all in the same property. Best of all, 5000 N. Ocean boasts the most luxurious amenities imaginable: 24/7 manned security at the street; concierge lobby services;

Details

Property type

Condominium

Est. home value

$4,476,637

Lot size

3.85 acres

Price per sq ft

$1,731

Year built

2020

Annual property taxes

$47,661

Monthly HOA fee

$3,697

Price History

09/19/2024
Beaches

Beaches #R11022315

Listed
$6,495,000
+97.12%
02/24/2020
Beaches

Beaches #R10526218

Sold
$3,295,000

Schools & Community

Neighborhood: 

Singer Island

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Street Lights

Number of units in community: 

48

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

February 2020

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

New Conventional, 30 year

Seller

Fred C Cohen and Myrna Cohen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 8:05 PM

Listing updated: 09/19/2024 at 7:06 PM

Listed by: Vincent Marotta, Illustrated Properties LLC (Co Phone #: (561) 626-7000

MLS: Beaches #R11022315

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