NOT LISTED FOR SALE

5000 N Ocean Dr Unit 1101 Riviera Beach, FL 33404

Palm Beach Shores Area

Estimated Value: $5,383,405

3 Beds
4.5 Baths
3,753 Sq Ft
2020 Built

Sale Details

Date Sold: May 24, 2024

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

Est. 12% decrease in value since last sale

Current estimated payment $36,111 / mo

18 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Gated with Attendant
  • William T. Dwyer High School Rated A-
  • Fitness Center
  • Cabana

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 Buyer's Agent

Courtney Olander

Waterfront Properties & Club C License #3102895

Waterfront Properties & Club C

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $75,696

Year Built

  • Built in 2020

Lot Details

  • Waterfront
  • End Unit
  • East Facing Home
  • Sprinkler System

Property Views

  • Ocean
  • Garden

Home Design

  • Colonial Architecture
  • Entry on the 11th floor
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,753 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Bar
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Closed Circuit Camera

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Cabana
  • Property has ocean access
  • Access To Intracoastal Waterway
  • Balcony
  • Exterior Lighting

Schools

  • Lincoln Elementary School
  • William T. Dwyer High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Property Manager

Amenities

  • Trash Chute
  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Phone Entry
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$75,696

Year Built

Built in 2020

Lot Details

0 Sq Ft Lot

Listing Details

  • Architectural Style: Colonial
  • 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.
  • Entry Level: 11
  • Garage Yn: Yes
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Subdivision Name: 5000 NORTH OCEAN
  • Year Built: 2020
  • Year Built Details: Resale
  • OriginatingSystemListAgentMemberKey: 78157064
  • ListAgentNationalAssociationId: 263007148
  • Special Features: VirtualTour

Interior Features

  • Appliances: Some Electric Appliances, Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Wood
  • Furnished: Furnished
  • Interior Amenities: Bathtub, Closet Cabinetry, Dual Sinks, Elevator, Garden Tub/Roman Tub, Kitchen Island, Primary Downstairs, Living/Dining Room, Custom Mirrors, Separate Shower, Bar, Walk-In Closet(s)
  • Living Area: 3753.0
  • Window Features: Sliding, Impact Glass

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Balcony, Sprinkler/Irrigation, Lighting
  • Lot Features: Sprinklers Automatic
  • Other Structures: Cabana
  • Patio And Porch Features: Balcony, Covered, Open, Screened, Wrap Around
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: Resale
  • Roof: Built-Up
  • View: City, Garden, Intercoastal, Ocean
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Shoreline - Sand
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Closed Circuit Camera(s), Gated with Guard, Phone Entry, Security Guard
  • Utilities: Cable Available, Natural Gas Available, Natural Gas Connected, Water Available

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Bicycle Storage, Clubhouse, Elevator, Fitness Center, Gated, Property Manager On-Site, Pool, Street Lights, Sidewalks, Trash Chute
  • Pets Allowed: Yes
  • Senior Community: No

Schools

  • Elementary School: Lincoln
  • High School: William T. Dwyer

Lot Info

  • Zoning Description: 0400 - CONDO

Tax Info

  • Tax Annual Amount: 75696.0
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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%
Current Estimated Value
$5,383,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$766,595
Avg. Annual Appreciation
-5.58%

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
-1.43%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Riviera Beach, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
05/06/2024 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: Martin County REALTORS® of the Treasure Coast

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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: Martin County REALTORS® of the Treasure Coast

MLS Number: R10985026

Martin County REALTORS® of the Treasure Coast

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

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