5550 N Ocean Drive 12b, Riviera Beach, FL 33404

$871,500
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,435 Status: Closed
Current Price: $871,500 List Date: 9/19/2024 Last Modified: 8/11/2026

Overview

Description

Just Reduced. Luxury living at this one of a kind ocean and intracoastal condo in desirable Water Glades. Structural reports complete. NO SPECIAL ASSESSMENT! This exquisite home is located on the sand & was fully transformed in 2020 offering over 1400 ft.² of refined elegance, including top of the line appliances, reverse osmosis water filtration system, remote, solar shades, quartz countertops, designer, fixtures, custom closets & gorgeous bathrooms. Water Glades offers peace of mind for any buyer-Impact Glass, 2022 seawall & AC hoses, manned guard gate, new elevators, new roof, and newly renovated hallways. Amenities include Clubhouse, resort style pool , fitness center, tennis, on-site mgmt! Furnished/turnkey

Listing Details MLS# R11022174

General Property Information

Number Of Units In Community
256
Total Units In Building
84
Unit Floor #
12
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1435
Building Area Source
Public Records
Living Area Main
1435
Year Built
1975
Carport YN
Yes
Carport Spaces
Yes
Covered Spaces
Yes
Gated Community YN
Yes
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
22
Direction Faces
South
Pool Private YN
No
Furnished
Furnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Common Real Estate Tax; Elevator; Insurance; Maintenance Grounds; Pest Control; Recreation Facility; Security; Trash; Water Dining Area: Dining/Living Room Electric: Three Phase Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Microwave; Cooktop Architectural Style: Colonial Construction Materials: Concrete Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Split; Built-in Features; Entrance Foyer; French Doors; Kitchen Island; Storage; Walk-In Closet(s) Laundry Features: Washer Hookup; Dryer Hookup Listing Terms: Cash; Conventional Lot Features: Sidewalks Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible; Number Limit; Size Limit Possession: Close Of Escrow; Negotiable Restrictions: Buyer Approval Required; Lease Restrictions Road Frontage Type: Public Road Road Surface Type: Paved Security Features: Entry - Phone/Intercom; Gated with Guard; Smoke Detector(s) Sewer: Public Sewer Tax Information: City/County Unit Description: Interior Hallway Utilities: Cable Available; Sewer Available; Water Available Water Access: No Fixed Bridge Water Source: Public Water View: Intracoastal; Ocean Waterfront Features: Directly on Sand; Intracoastal; Ocean Front; No Fixed Bridges Window Features: Storm Window(s) Showing Requirements: Call Listing Agent; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered; Balcony - Open; Balcony - Wrap Around Contingencies: Other Room Types: Great Room; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
1600000
Negotiable Seller Concessions YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
5550
Street Direction Prefix
N
Street Name
Ocean
Street Suffix
Drive
Unit Number
12b
City Name
Riviera Beach
State Or Province
FL
Postal Code
33404
Postal Zip
33404
Subdivision Name
Water Glades
Development Name
Water Glades
Area
5240
Geographic Area
PB28
Special Assessment YN
No
Parcel Number
56434215072000122
Zoning
RM-20(
Directions
PGA Blvd. east to Singer Island. Water Glades are the first 3 towers on left after McArther State Park
Building Name
5550

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
1650
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
561-845-2380
Association Website
office@watergladescondos.com
Membership Fee Required YN
No
Tax Annual Amount
12234.5
Tax Year
2023
Tax Legal Description
WATER GLADES 200 COND UNIT 12-B TOWER 2

Status Change Information

Major Change Timestamp
2025-06-03T17:54:52Z
Major Change Type
Status Change
Price Change Timestamp
2025-03-24T16:19:08Z
Status Change Date
2025-06-03
Under Contract Date
2025-05-03
Close Date
2025-06-02
Close Price
871500
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Maximum Number Of Pets
Yes
Total Weight Limit (Pets)
10

Leasing Restrictions

Leasing - Max Times Per Year
4
Leasing - Minimum Number of Days
90

Storm Protection

Impact Glass
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
607.31
Original List Price To Close Price
1.83

Originating Details

Originating System Key
20240908152359177108000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 26.00 15.00 Main
Kitchen 10.00 8.00 Main
Master Bedroom 18.00 14.00 Main
Great Room
IDX
Listing Office: Echo Fine Properties
Source MLS Verified
Last Updated: August - 11 - 2026
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