NOT LISTED FOR SALE

5003 Old Ocean Blvd Boynton Beach, FL 33435

Estimated Value: $2,200,000 - $9,286,000

4 Beds
4.5 Baths
5,749 Sq Ft
$1,079/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $6,187,500 $1,076 Per Sq Ft

Current estimated payment $43,732/month

358 Days on Market

Highlights

  • Ocean Front
  • Roman Tub
  • High Ceiling
  • New Construction
  • Sun or Florida Room
  • Great Room

About This Home

As of March 2021

With nearly a $2M price improvement, 5003 Old Ocean is the perfect seasonal retreat. Enchanting enough to stay forever, this spectacular and architecturally significant Oceanfront Townhouse is truly a one-of-a-kind jewel that redefines the beachfront experience. Located in highly coveted Ocean Ridge and exquisitely framed to capture unrivaled ocean views and breathtaking sunrises the townhouse is ideally suited for luxurious modern lifestyles. Featuring 7,337 total square feet 4 bedrooms with ocean views, 4 plus bathrooms, the homes-bespoke finishes include Italian porcelain flooring throughout, commercial grade glass elevator, ultra custom kitchen cabinets with polished chrome surround, two islands, a Subzero refrigeration system 2 Fisher Paykel dishwashers, Wolf ovens and custom

Last Agent to Sell the Property

Candace Friis

The Corcoran Group License #582187 Listed on: 03/05/2020

The Corcoran Group

Co-Listed By

Karen Hammer

One Sotheby's International Re License #3087819

Last Buyer's Agent

Candace Friis

The Corcoran Group License #582187 Listed on: 03/05/2020

The Corcoran Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $106,732

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 1

HOA Fees

  • $1,788 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 5,749 Sq Ft Home
  • 3-Story Property
  • Elevator
  • High Ceiling
  • Entrance Foyer
  • Great Room
  • Den
  • Sun or Florida Room
  • Concrete Flooring
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Home Security

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 46434534520005003

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pest control
  • Yacht House Condo Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$106,732

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$1,788 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: A1A, East on Beachway, South on Old Ocean
  • Year Built: 2019
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Elevator, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Concrete, Other
  • Living Area: 5749.0
  • Dining Room Type: Den, Florida Room, Great Room, Laundry
  • Stories: 3

Exterior Features

  • Pool Features: None
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 1788.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control

Lot Info

  • Parcel #: 46434534520005003
  • Zoning Description: condo

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Mar 29, 2021
Sold by
Immo Francois Marcil Inc
Bought by
Orlove Deborah S and Orlove Brett D
Seller's Agent
Candace Friis
The Corcoran Group
Buyer's Agent
Candace Friis
The Corcoran Group
List Price
$6,900,000
Sold Price
$6,187,500
Premium/Discount to List
-$712,500
-10.33%
Current Estimated Value
$6,203,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,671
Avg. Annual Appreciation
0.19%
Source: Public Records

Range of Values:

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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
Orlove Deborah S $6,187,500 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $6,187,500 +24650.0% $1,076 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
11/17/2020 11/17/20 Rented $25,000 -28.6% --
10/18/2020 10/18/20 Under Contract -- -- --
03/31/2020 03/31/20 For Rent $35,000 0.0% --
03/05/2020 03/05/20 For Sale $6,900,000 -- $1,200 / Sq Ft
Source: BeachesMLS

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
2024 $106,732 $5,893,994 -- --
2023 $104,417 $5,722,324 $0 $0
2022 $104,210 $5,555,654 $0 $0
2021 $99,944 $5,143,939 $0 $5,143,939
2020 $98,127 $5,045,116 $0 $5,045,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10606803

BeachesMLS

APN: 46-43-45-34-52-000-5003