NOT LISTED FOR SALE

5000 N Ocean Dr Unit 701 Riviera Beach, FL 33404

Estimated Value: $3,642,000 - $4,439,052

3 Beds
4.5 Baths
3,753 Sq Ft
2020 Built

Sale Details

Date Sold: August 31, 2023

Last sale price $3,900,000 $1,039 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $30,504 / mo

427 Days on Market

Highlights

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

About This Home

As of August 2023

5000 NORTH OCEAN #701 radiates contemporary sophistication and style with a sleek, modern design.
Enjoy over 3,700 square feet of living space in this 3-bedroom 4.5 bath luxury residence. Floor to ceiling glass emphasizes the magnificent views of the Atlantic Ocean and Intracoastal waterway. Enjoy quiet retreats to one of three expansive private terraces. Sumptuous living with private amenities from the oceanfront pool, exclusive beach access, and immaculate fitness center overlooking the Atlantic Ocean. Located on Singer Island's north private residential corridor, 5000 NORTH OCEAN is an iconic 19-story oceanfront residential tower with 48 luxury condominium residences located in the Palm Beaches. Create your own personal paradise where you'll find the serenity of a seaside sanctuary.

Last Agent to Sell the Property

Jeannie Walker

One Sotheby's International Re License #3160945 Listed on: 02/07/2022

One Sotheby's International Re

Last Buyer's Agent

Heather Bretzlaff

Compass Florida LLC License #0635727

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $49,819

Year Built

  • Built in 2020

Lot Details

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

HOA Fees

  • $2,775 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Colonial Architecture

Interior Spaces

  • 3,753 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Security System

Kitchen

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

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56434222410000701

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, sewer, security, trash, water
  • Built by Kolter Homes
  • 5000 North Ocean Subdivision
  • 19-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$49,819

Year Built

Built in 2020

Lot Details

0 Sq Ft Lot

HOA Fees

$2,775 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA Blvd to Jack Nicklaus Dr. onto Singer Island. Continue onto N Ocean Blvd. 5000 North Ocean Blvd entrance on the left.
  • Year Built: 2020
  • Architectural Style: Colonial
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bathtub, Dual Sinks, Entrance Foyer, Elevator, Living/Dining Room, Pantry, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Accessibility Features: Accessibility Features
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Marble
  • Living Area: 3753.0
  • Stories: 19
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Intercoastal, Ocean
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front
  • Waterfront: Yes
  • Builder Name: Kolter Homes
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Patio And Porch Features: Covered, Patio, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage

Utilities

  • Security: Security System, Fire Sprinkler System, Gated with Guard, Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2774.63
  • Community Features: Gated, Property Manager On-Site
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 56434222410000701
  • Mobile Dim Units: Feet
  • Zoning: RM-20(

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 49819.0

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
Feb 7, 2022
Closed on
Aug 31, 2023
Sold by
Bought by
Seller's Agent
Jeannie Walker
One Sotheby's International Re
Buyer's Agent
Heather Bretzlaff
Compass Florida LLC
List Price
$5,485,000
Sold Price
$3,900,000
Premium/Discount to List
-$1,585,000
-28.9%
Views
15
Current Estimated Value
$4,032,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,013
Avg. Annual Appreciation
1.19%
Original Mortgage
$2,925,000
Outstanding Balance
$2,840,900
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$1,191,113
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

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
$3,900,000 Sovereign Shores Title
$3,900,000 Sovereign Shores Title
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 $2,925,000
Closed $2,925,000
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
08/31/2023 08/31/23 Sold $3,900,000 -2.5% $1,039 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
03/18/2023 03/18/23 Price Changed $3,999,000 -12.1% $1,066 / Sq Ft
01/04/2023 01/04/23 Price Changed $4,550,000 -4.2% $1,212 / Sq Ft
11/09/2022 11/09/22 Price Changed $4,750,000 -13.4% $1,266 / Sq Ft
02/07/2022 02/07/22 For Sale $5,485,000 -- $1,461 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $71,931 $4,180,000 -- --
2024 $71,931 $3,485,000 -- --
2023 $50,373 $2,464,672 $0 $0
2022 $49,819 $2,392,885 $0 $0
2021 $49,779 $2,323,189 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10775310

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-22-41-000-0701

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