NOT LISTED FOR SALE

5000 N Ocean Dr Unit 1101 Riviera Beach, FL 33404

Estimated Value: $2,802,000 - $6,073,000

3 Beds
4.5 Baths
3,753 Sq Ft
2020 Built

Last Sold May 24, 2024

Last sale price $6,150,000 $1,639 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $33,409/month

11 Days on Market

Highlights

  • Ocean Front
  • Community Cabanas
  • Gated with Attendant
  • William T. Dwyer High School Rated A-
  • Fitness Center
  • Colonial Architecture

About This Home

As of May 2024

Experience the epitome of luxury living with this stunning residence at 5000 North Ocean. This exceptional home offers a unique blend of elegance and modernity, boasting 3753 living square feet of space and custom-designed finishes. From the moment you step into your private elevator foyer, you'll be greeted by custom wood entry doors, architectural floor-to-ceiling windows, and breathtaking views of the Atlantic Ocean, Intracoastal waterways and MacArthur Beach State Park. The open-concept living space is perfect for entertaining, with a smart home integrated system controlling audio, video, and electric shades throughout. Professionally designed, every detail has been meticulously chosen to create a one-of-a-kind masterpiece. Custom lit closets, hideaway patio screens, and custom furniture designed specifically for the space are just a few of the many features that set this home apart. 5000 North Ocean offers an array of amenities, including a state-of-the-art fitness center, clubroom, and a stunning pool. With 24-hour concierge service and a manned gate, this boutique ultra-luxury building provides the ultimate in security and convenience. Don't miss this wonderful opportunity to own the most distinctive home in Singer Island's newest luxury building. This is coastal living at its finest.

Last Agent to Sell the Property

William Volpe

Serhant License #3336652 Listed on: 05/07/2024

Serhant

Last Buyer's Agent

Courtney Olander

Waterfront Properties & Club C License #3102895

Waterfront Properties & Club C

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $75,696

Year Built

  • Built in 2020

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $2,750 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Assigned Parking

Property Views

  • Ocean
  • Intracoastal
  • Garden

Home Design

  • Colonial Architecture
  • Built-Up Roof

Interior Spaces

  • 3,753 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Bar
  • High Ceiling
  • Fireplace
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Home Security System

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Balcony
  • Open Patio

Schools

  • Lincoln Elementary School
  • John F. Kennedy Middle School
  • William T. Dwyer High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56434222410001101

Community Details

Overview

  • Association fees include common areas, electricity, gas, hot water, insurance, ground maintenance, maintenance structure, pest control, recreation facilities, sewer, security, trash
  • Built by Kolter Homes
  • 5000 North Ocean Subdivision
  • 19-Story Property

Amenities

  • Clubhouse
  • Bike Room
  • Elevator

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Phone Entry
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$75,696

Year Built

Built in 2020

Lot Details

0 Sq Ft Lot

HOA Fees

$2,750 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From PGA Blvd & i95 head east on PGA Blvd past US-1, continue straight past John D MacArthur State park, 5000 N Ocean will be on the East side of the road.
  • Year Built: 2020
  • Architectural Style: Colonial
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bathtub, Closet Cabinetry, Dual Sinks, Entrance Foyer, Elevator, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Custom Mirrors, Main Level Primary, Storage, Soaking Tub, Separate Shower, Bar, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 3753.0
  • Stories: 19
  • Window Features: Sliding, Storm Window(s)

Exterior Features

  • Exterior Features: Balcony, Lighting, Outdoor Living Area
  • View: City, Garden, Intercoastal, Ocean
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Ocean Front, Shoreline - Sand
  • Waterfront: Yes
  • Builder Name: Kolter Homes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Open, Patio, Porch, Screened, Wrap Around, Balcony
  • Property Condition: Resale
  • Roof: Built-Up

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Circular Driveway, Covered, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated with Guard, Gated Community, Phone Entry, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2750.0
  • Pets Allowed: Yes
  • Community Features: Gated, Property Manager On-Site, Street Lights
  • Senior Community: No
  • Amenities: Bike Storage, Cabana, Clubhouse, Fitness Center, Pool, Parking, Sidewalks, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Stock Cooperative

Fee Information

  • Association Fee Includes: Common Areas, Electricity, Gas, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Recreation Facilities, Sewer, Security, Trash

Schools

  • Elementary School: Lincoln
  • High School: William T. Dwyer
  • Middle Or Junior School: John F. Kennedy (Palm Beach)

Lot Info

  • Parcel #: 56434222410001101
  • Mobile Dim Units: Feet
  • Zoning: 0400 - CONDO

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 75696.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
May 22, 2024
Sold by
Serhant Ellen R and Ellen R Serhant Living Trust
Bought by
Stark John and Stark Stefanie
Seller's Agent
William Volpe
Serhant
Buyer's Agent
Courtney Olander
Waterfront Properties & Club C
List Price
$6,200,000
Sold Price
$6,150,000
Premium/Discount to List
-$50,000
-0.81%
Views
3
Current Estimated Value
$4,688,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,461,710
Avg. Annual Appreciation
-13.92%

Purchase Details

Closed on
Oct 11, 2023
Sold by
Serhant John and Serhant Ellen R
Bought by
Ellen R Serhant Living Trust and Serhant

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jul 16, 2021
Sold by
Myers Keith A and Poppos Pamela
Bought by
Serhant John and Serhant Ellen R
Seller's Agent
Wolfgang Velasco
Compass Florida LLC
Buyer's Agent
Chris Leavitt
Douglas Elliman
List Price
$5,995,000
Sold Price
$5,800,000
Premium/Discount to List
-$195,000
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stark John $5,850,000 Patch Reef Title
Stark John $5,850,000 Patch Reef Title
Ellen R Serhant Living Trust -- --
Serhant John $5,800,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2024 05/24/24 Sold $6,150,000 -0.8% $1,639 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $6,200,000 +6.9% $1,652 / Sq Ft
07/19/2021 07/19/21 Sold $5,800,000 -3.3% $1,545 / Sq Ft View Prior Sale
06/19/2021 06/19/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $5,995,000 +99.0% $1,597 / Sq Ft
03/30/2020 03/30/20 Sold $3,012,043 -1.2% $803 / Sq Ft View Prior Sale
02/29/2020 02/29/20 Pending -- -- --
03/20/2017 03/20/17 For Sale $3,049,000 -- $812 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $75,180 $4,580,000 -- --
2024 $75,180 $3,685,000 -- --
2023 $75,696 $3,685,000 $0 $3,685,000
2022 $65,277 $3,081,360 $0 $0
2021 $56,725 $2,600,000 $0 $2,600,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10985026

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-22-41-000-1101

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