NOT LISTED FOR SALE

5000 N Ocean Dr Unit 1101 Riviera Beach, FL 33404

Estimated Value: $4,928,000 - $6,238,000

3 Beds
4.5 Baths
3,753 Sq Ft
$1,492/Sq Ft Est. Value

Last Sold May 24, 2024

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

Est. 9% decrease in value since last sale

Current estimated payment $38,299/month

11 Days on Market

Highlights

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

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.

Last Agent to Sell the Property

William Volpe

Serhant License #3336652 Listed on: 05/06/2024

Serhant

Last Buyer's Agent

Courtney Olander

Waterfront Properties & Club C License #3102895

Waterfront Properties & Club C

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $75,696

Year Built

  • Built in 2020

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • Sprinkler System

HOA Fees

  • $2,750 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Over 1 Space Per Unit
  • Garage Door Opener
  • Circular Driveway
  • Assigned Parking

Property Views

  • Ocean
  • Intracoastal
  • Garden

Home Design

  • Entry on the 11th floor
  • Built-Up Roof

Interior Spaces

  • 3,753 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Bar
  • High Ceiling
  • Fireplace
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Recreation Room
  • Screened Porch
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Closed Circuit Camera
  • Impact Glass
  • Fire Sprinkler System

Outdoor Features

  • Property has ocean access
  • Balcony
  • Open Patio

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 management, common areas, electricity, hot water, insurance, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), recreation facilities, roof, sewer, security, trash
  • High-Rise Condominium
  • 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

Property Details

Home Type

Co-Op

Est. Annual Taxes

$75,696

Year Built

Built in 2020

Lot Details

0

HOA Fees

$2,750 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Stock Cooperative
  • Property Sub Type Additional: Stock Cooperative
  • 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: High Rise
  • Entry Level: 11
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Dual Sinks, Entrance Foyer, Elevator, Fireplace, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Custom Mirrors, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Tile, Wood
  • Living Area: 3753.0
  • Dining Room Type: Den, Family Room, Recreation, Storage Room
  • Stories: 19
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony, Porch, Patio
  • View: Garden, Intercoastal, Ocean, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Builder Name: Kolter Homes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio, Screened, Wrap Around
  • 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, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Closed Circuit Camera(s), Gated with Guard, Phone Entry, Security Guard, Fire Sprinkler System
  • 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
  • Community Features: Gated, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Cabana, Clubhouse, Fitness Center, Management, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Electricity, Hot Water, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Recreation Facilities, Roof, Sewer, Security, Trash

Lot Info

  • Parcel #: 56434222410001101
  • Lot Size: 4 to < 5 Acres
  • Zoning Description: 0400 - C
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 75696.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 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
$5,600,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$549,726
Avg. Annual Appreciation
-5.62%

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 -- --
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 Compared to Growth

Source: Public Records

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

  • William Volpe

    Seller's Agent in 2024

    William Volpe

    Serhant

    (646) 480-7665

    8 in this area

    79 Total Sales

    William Volpe
    Section Image

  • C

    Buyer's Agent in 2024

    Courtney Olander

    Waterfront Properties & Club C

    (561) 951-6163

    4 in this area

    30 Total Sales

    Courtney Olander
    Section Image

  • W

    Seller's Agent in 2021

    Wolfgang Velasco

    Compass Florida LLC

    (561) 385-3564

    7 in this area

    55 Total Sales

    Wolfgang Velasco
    Section Image

  • P

    Seller Co-Listing Agent in 2021

    Patrick Lafferty

    Compass Florida LLC

    (561) 603-4329

    5 in this area

    69 Total Sales

    Patrick Lafferty
    Section Image
  • Chris Leavitt

    Buyer's Agent in 2021

    Chris Leavitt

    Douglas Elliman

    (616) 414-2810

    2 in this area

    207 Total Sales

    Chris Leavitt
    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Joey Columbo

    Douglas Elliman

    (561) 236-8754

    1 in this area

    53 Total Sales

    Joey Columbo
    Section Image
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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

Florida Palm Beach County Riviera Beach 33404

5000 N Ocean Dr Unit 1101, Riviera Beach, FL

Not Listed for Sale

Coop

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