NOT LISTED FOR SALE

5000 N Ocean Dr Unit 402 Riviera Beach, FL 33404

Estimated Value: $2,842,000 - $3,288,335

2 Beds
3 Baths
2,706 Sq Ft
$1,991/mo HOA Fee

Last Sold August 01, 2023

Last sale price $3,350,000 $1,238 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $22,620/month

21 Days on Market

Highlights

  • Ocean Front
  • Community Cabanas
  • Gated with Attendant
  • William T. Dwyer High School Rated A-
  • Fitness Center
  • 167,470 Sq Ft lot

About This Home

As of August 2023

This stunning 2-bedroom, 2-bathroom condominium boasts a spacious and open floor plan, allowing for ample natural light to flow throughout the home, complete with whole home Crestron automated smart home system and electric blackout blinds in every room.The living area is the perfect place to relax and unwind, with comfortable seating and stunning views of the Atlantic Ocean. The gourmet kitchen features top-of-the-line stainless steel appliances, custom cabinetry, walk-in pantry, and Quartz/Marble countertops, making it a dream for any home chef.The primary suite offers a peaceful retreat with stunning ocean views, a spacious walk-in closet, and a spa-like en suite bathroom. The second bedroom is also generously sized with it's own en-suite bath and offers a great walk-in closet space

Last Agent to Sell the Property

Wolfgang Velasco

Compass Florida LLC License #3315540 Listed on: 04/13/2023

Compass Florida LLC

Co-Listed By

Patrick Lafferty

Compass Florida LLC License #3157772

Last Buyer's Agent

Sharon Mandli

Illustrated Properties License #3124190

Illustrated Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,337

Year Built

  • Built in 2020

Lot Details

  • Ocean Front
  • Sprinkler System

HOA Fees

  • $1,991 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 2,706 Sq Ft Home
  • Wet Bar
  • Bar
  • High Ceiling
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Recreation Room
  • Ceramic Tile Flooring
  • Ocean Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Washer and Dryer
  • Laundry Tub

Home Security

  • Security Lights
  • Closed Circuit Camera

Pool

  • Concrete Pool
  • Fence Around Pool
  • Automatic Pool Chlorinator

Outdoor Features

  • Property has ocean access
  • Deck
  • Patio
  • Wrap Around Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 56434222410000402

Community Details

Overview

  • Association fees include management, common areas, cable TV, 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
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Phone Entry
  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,337

Year Built

Built in 2020

Lot Details

0

HOA Fees

$1,991 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: High Rise
  • Entry Level: 4
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Dual Sinks, Entrance Foyer, Elevator, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 2706.0
  • Dining Room Type: Den, Family Room, Recreation, Storage Room
  • Stories: 19
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Exterior Features: Deck, Porch, Patio
  • View: Ocean
  • Lot Features: Sprinklers Automatic
  • Pool Features: Automatic Chlorination, Concrete, Fenced, Heated, None, Other, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Builder Name: Kolter Homes
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio, Wrap Around
  • Property Condition: Resale

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, Guest, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Closed Circuit Camera(s), Gated with Guard, Phone Entry, Security Guard, Security Lights, 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: 1991.0
  • Community Features: Gated, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Cabana, Clubhouse, Fitness Center, Management, Pool, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 56434222410000402
  • Lot Size: 3 to < 4 Acres,4 to < 5
  • Lot Size Sq Ft: 167470.0
  • Zoning Description: RM-20 -
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 29337.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Aug 1, 2023
Sold by
Lana Henning Revocable Trust
Bought by
Weeks Joshua J
Seller's Agent
Wolfgang Velasco
Compass Florida LLC
Buyer's Agent
Sharon Mandli
Illustrated Properties
List Price
$3,400,000
Sold Price
$3,350,000
Premium/Discount to List
-$50,000
-1.47%
Views
9
Current Estimated Value
$3,090,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$259,666
Avg. Annual Appreciation
-3.20%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Weeks Joshua J $3,350,000 New Path Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2023 08/01/23 Sold $3,350,000 -1.5% $1,238 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $3,400,000 +54.5% $1,256 / Sq Ft
08/14/2020 08/14/20 Sold $2,200,000 -4.3% $813 / Sq Ft View Prior Sale
07/15/2020 07/15/20 Pending -- -- --
08/08/2019 08/08/19 For Sale $2,299,000 -- $850 / 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 $55,546 $2,830,000 -- --
2024 $55,546 $2,690,000 -- --
2023 $29,675 $1,467,267 $0 $0
2022 $29,337 $1,424,531 $0 $0
2021 $29,302 $1,383,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2023

    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 2023

    Patrick Lafferty

    Compass Florida LLC

    (561) 603-4329

    5 in this area

    69 Total Sales

    Patrick Lafferty
    Section Image
  • Sharon Mandli

    Buyer's Agent in 2023

    Sharon Mandli

    Illustrated Properties

    (561) 427-4952

    1 in this area

    47 Total Sales

    Sharon Mandli
    Section Image

  • M

    Seller's Agent in 2020

    Mark Mollica

    Ocean East Properties

    (561) 779-7927

    Mark Mollica
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Kim-Renee Roberts

    Water Club Realty LLC

    (561) 301-2277

    1 in this area

    7 Total Sales

    Kim-Renee Roberts
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10881523

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-22-41-000-0402

Florida Palm Beach County Riviera Beach 33404

5000 N Ocean Dr Unit 402, Riviera Beach, FL

Not Listed for Sale

Condos

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