5540 N Ocean Drive 12-B, Singer Island, FL 33404

$505,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,700 Status: Closed
Current Price: $505,000 List Date: 1/26/2015 Last Modified: 7/10/2026

Overview

Description

Short Sale. High floor light and bright Southern corner exposure. Enter and immediately enjoy spectacular views of ocean and Intra from floor to ceiling walls of windows with wrap around balconies. Beautiful views from every room to South, East & West. Enjoy sunrises and sunsets. Kitchen has been previously updated with newer cabinets and corian counters. Split brs, custom mirror, laundry on each floor. Popular community, 3 Towers, 256 owners. Each tower has fitness room, library/card room, X-storage locker and bike storage. Tower 100 has brand new modern lobby. Water Glades has 1025 feet of private beach, recreation deck with putting green, two heated pools, newly renovated club room with sauna, 4 tennis courts and 24-hour manned guard gate. Buyer must install impact sliders.

Listing Details MLS# R10105851

General Property Information

Number Of Units In Community
256
Total Units In Building
68
Unit Floor #
12
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1700
Building Area Source
Public Records
Living Area Main
1558
Year Built
1975
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
17
Direction Faces
Northwest
Pool Private YN
No
Furnished
Unfurnished

Property Features

Application Information: Personal Interview Required Association Fee Includes: Cable TV; Common Areas; Common Real Estate Tax; Insurance; Security; Water Dining Area: Dining/Living Room Flooring: Ceramic Tile; Linoleum Parking Features: Assigned; Guest Property Condition: Resale Special Listing Conditions: Short Sale Appliances: Dishwasher; Disposal; Electric Range; Ice Maker; Microwave; Refrigerator; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Split; Custom Mirrors; Entrance Foyer; Roman Tub Listing Terms: Cash; Conventional Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Buyer Approval Required Other Leasing Restrictions: Tenant Approval Security Features: Entry - Phone/Intercom; Gated with Guard Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Unit Description: Corner/End Unit Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Water Source: Public Water View: Intracoastal; Ocean Waterfront Features: Intracoastal; Ocean Front Window Features: Sliding Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered Contingencies: Other Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
550000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
5540
Street Direction Prefix
N
Street Name
Ocean
Street Suffix
Drive
Unit Number
12-B
City Name
Singer Island
State Or Province
FL
Postal Code
33404
Postal Zip
33404
Subdivision Name
WATER GLADES 100, 200 AND 300 COND AS IN DECL IN O
Area
5240
Geographic Area
PB28
Special Assessment YN
Yes
Parcel Number
56434215071000122
Zoning
Res
Directions
Ocean Drive - North end of Singer Island
Multiple Offers Accepted
No
Building Name
100

Financial Information

Association YN
Yes
Association Fee
875
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
8510.69
Tax Year
2014
Tax Legal Description
WATER GLADES 100 C0ND UNIT 12-B TOWER I -

Status Change Information

Major Change Timestamp
2015-06-22T15:54:59Z
Major Change Type
Status Change
Status Change Date
2015-06-22
Under Contract Date
2015-05-27
Close Date
2015-06-19
Close Price
505000

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Short Sale Details

Hardship Package
Incomplete
Short Sale Addendum
Yes

Room Types

Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First

Price Calculations

Current Price To SqFt
324.13
Original List Price To Close Price
1.08

Originating Details

Originating System Key
20150126190540028454000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level Remarks
Living Room 15.00 25.00 First Living Room
Kitchen 8.00 12.00 First Kitchen
Master Bedroom 14.00 16.00 First Master Bedroom
IDX
Listing Office: Illustrated Properties LLC (Si
Source MLS Verified
Last Updated: July - 10 - 2026
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