Seller's Agent in 2023
Dermot Obrien
Sotheby's Intl. Realty, Inc.
(561) 317-1177
46 in this area
46 Total Sales
5050 N Ocean Dr Unit 402 Riviera Beach, FL 33404
Estimated Value: $2,996,000 - $3,330,000
3
Beds
3.5
Baths
3,136
Sq Ft
43,560
Sq Ft Lot
Highlights
- Ocean Front
- Fitness Center
- 1 Acre Lot
- William T. Dwyer High School Rated A-
- Gated with Attendant
- Colonial Architecture
About This Home
As of May 2023Get lost in intoxicating infinite water views from dawn to dusk in this direct oceanfront residence at the sumptuous Ocean's Edge at Singer Island. A private entry foyer opens to spacious living spaces that lives like your very own beach house just steps away from the sand. The master bedroom feels like the stateroom on a luxury cruise ship with large renovated en-suite bathroom with soaking tub & standalone shower. Gourmet kitchen with Wolf five burner gas cooking, Miele double wall ovens and warming drawer, Sub Zero refrigerator, dishwasher, Sub Zero wine cooler, Miele Espresso machine and lots of counter space. Digital thermostats, electric window treatments, digital door lock and full-size LG washer & dryer. Current owner meticulously renovated unit in last 2 years. Huge direct oceanfront terrace (with glass railings) offering living room/master bedroom access. 2 additional en-suite upgraded bedrooms with Jack & Jill terrace complete this outstanding offering. The property features lush, tropical landscaping and consists of only 40 lavish residences designed with the sophistication and thoughtful attention to detail of Toll Brothers, the nation's leading builder of luxury homes. Each spacious residence has a private elevator entry in addition to large openly designed terraces. Residents can also enjoy countless resort-style amenities including a 24-hour guarded private entrance (monitored surveillance also), a controlled access parking garage, 2 parking garages, heated oceanfront pool, outdoor grilling and reception area, a state-of-the-art fitness center with sauna, huge private movie theater and an elegant social room that was extensively renovated a few years ago (the gym & outdoor pool deck were extensively renovated recently). Exterior stucco restoration project currently underway and is estimated to be completed by end of second quarter of 2023. Residents can soak up South Florida's tropical climate at the oceanfront heated pool and spa or at Singer Island's magnificent beach via a private access boardwalk. Views of sandy beaches and sparkling turquoise waters await at the exclusive Ocean's Edge at Singer Island, a Florida condominium community. Situated towards the north end of Singer Island this community offers a sought-after level of privacy (the beach on the north end of Singer Island is very quiet and you can walk for miles up to Mac Arthur State Park sometimes without meeting any one at all!). It is truly spectacular!! Singer Island is a Florida tropical island resort community known for its beautiful white sandy beaches, exquisite waterfront homes, shopping, restaurants, and resort island charm. The peninsula of Singer Island borders the Atlantic Ocean, offering spectacular views and a fascinating marine and wildlife environment. Singer Island is comprised of three communities and a beautiful State Park, all located in Palm Beach County. Situated off the coast of Palm Beach, Singer Island was founded by developer Paris Singer, the child of sewing machine magnate Isaac Singer, and is now home to upscale hotels and beautiful white sandy beaches. The tropical resort community of Singer Island is approximately 5 miles long by 1/2-mile-wide and covers 1,500 acres. Singer Island is located 15 minutes from Palm Beach International Airport and 70 miles north of Miami, and only minutes away from year-round golf and renowned shopping. Singer Island is known for its blue water sport fishing as well as sailing, windsurfing, jet skiing and the ultimate in boating. Additional Information:
Digital thermostats with remote capabilities
Sun shear blinds with remote capabilities in living areas/master Digital door lock with remote capabilities
Digital thermostat with remote capabilities
Full size LG washer and dryer
Miel dual ovens
Miele espresso coffee machine
Wolf microwave
Wolf stovetop
Sub Zero refrigerator
Sub Zero wine cooler
Asko dishwasher
Master bed is a king adjustable bed
Storage locker measuring approximately 8 ft tall by 5 feet long and 5 feet wide in air-conditioned storage room on executive parking level is attached to the real estate
Last Agent to Sell the Property
Sotheby's Intl. Realty, Inc. License #3074645 Listed on: 12/07/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $31,479
Year Built
- Built in 2008
Lot Details
- Ocean Front
- East Facing Home
HOA Fees
- $2,971 Monthly HOA Fees
Parking
- 2 Car Garage
- Guest Parking
- Assigned Parking
Property Views
- Ocean
- Intracoastal
Home Design
- Colonial Architecture
- Tile Roof
- Concrete Roof
Interior Spaces
- 3,136 Sq Ft Home
- Furnished
- Tinted Windows
- Blinds
- Entrance Foyer
- Open Floorplan
- Formal Dining Room
- Sun or Florida Room
- Marble Flooring
- Home Security System
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Oven
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Split Bedroom Floorplan
- Stacked Bedrooms
- Walk-In Closet
- Bidet
- Dual Sinks
- Roman Tub
- Jettted Tub and Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
- Laundry Tub
Outdoor Features
- Balcony
- Patio
- Wrap Around Porch
Utilities
- Zoned Heating and Cooling System
- Gas Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 56434222390000402
Community Details
Overview
- Association fees include common areas, cable TV, gas, hot water, insurance, ground maintenance, sewer, security, trash, water
- 40 Units
- Built by Toll Brothers
- Oceans Edge At Singer Island Condo Subdivision
- 19-Story Property
Amenities
- Clubhouse
- Business Center
- Elevator
- Community Storage Space
Recreation
- Recreation Facilities
- Fitness Center
- Community Pool
- Community Spa
- Dog Park
Pet Policy
- Pets Allowed
Security
- Gated with Attendant
- Resident Manager or Management On Site
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 7, 2022
Closed on
Apr 28, 2023
Sold by
Kenneth X Luthy Revocable Trust
Bought by
Monaco Maureen A
Seller's Agent
Dermot Obrien
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Brandon Solomon
Douglas Elliman
List Price
$3,250,000
Sold Price
$2,724,875
Premium/Discount to List
-$525,125
-16.16%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,113
Avg. Annual Appreciation
4.93%
Purchase Details
Listed on
Sep 21, 2020
Closed on
Jan 25, 2021
Sold by
Martin Christopher C and The Christopher C Martin Revoc
Bought by
Luthy Kenneth X and The Kenneth X Luthy Revocable
Seller's Agent
Dermot Obrien
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Dermot Obrien
Sotheby's Intl. Realty, Inc.
List Price
$1,950,000
Sold Price
$1,692,000
Premium/Discount to List
-$258,000
-13.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.47%
Purchase Details
Closed on
Jul 7, 2015
Sold by
Martin Christopher C
Bought by
Martin Christopher C and Christopher C Martin Revocable Trust
Purchase Details
Closed on
Mar 9, 2009
Sold by
Toll Fl Iv Limited Partnership
Bought by
Martin Christopher C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Monaco Maureen A | $2,724,875 | Legacy Title Services | |
| Luthy Kenneth X | $1,692,500 | Homepartners Title Svcs Llc | |
| Martin Christopher C | -- | Attorney | |
| Martin Christopher C | $1,500,850 | Chicago Title Insurance Co |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2023 05/01/23 | Sold | $2,724,875 | -16.2% | $869 / Sq Ft | |
| 03/20/2023 03/20/23 | Pending | -- | -- | -- | |
| 12/07/2022 12/07/22 | For Sale | $3,250,000 | +92.1% | $1,036 / Sq Ft | |
| 01/25/2021 01/25/21 | Sold | $1,692,000 | -13.2% | $540 / Sq Ft | View Prior Sale |
| 12/26/2020 12/26/20 | Pending | -- | -- | -- | |
| 09/21/2020 09/21/20 | For Sale | $1,950,000 | -- | $622 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
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 | $47,818 | $2,315,000 | -- | -- |
| 2024 | $47,818 | $2,315,000 | -- | -- |
| 2023 | $31,839 | $1,571,567 | $0 | $0 |
| 2022 | $31,479 | $1,525,793 | $0 | $0 |
| 2021 | $26,652 | $1,261,350 | $0 | $0 |
| 2020 | $26,477 | $1,243,935 | $0 | $0 |
| 2019 | $26,116 | $1,215,968 | $0 | $0 |
| 2018 | $24,973 | $1,193,295 | $0 | $0 |
| 2017 | $24,774 | $1,168,751 | $0 | $0 |
| 2016 | $12,457 | $1,144,712 | $0 | $0 |
| 2015 | $25,268 | $1,136,755 | $0 | $0 |
| 2014 | $25,824 | $1,127,733 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dermot Obrien
-
Brandon Solomon
B
Buyer's Agent in 2023
Brandon Solomon
Douglas Elliman
(561) 371-5936
3 in this area
60 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R10850585
APN: 56-43-42-22-39-000-0402
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