NOT LISTED FOR SALE

Reaches 5280 N Ocean Dr Unit 1D Riviera Beach, FL 33404

Estimated Value: $1,039,378 - $1,118,000

2 Beds
2 Baths
1,668 Sq Ft
$950/mo HOA Fee

Last Sold March 21, 2022

Last sale price $925,000 $555 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,489/month

90 Days on Market

Highlights

  • Ocean Front
  • Gated with Attendant
  • Roman Tub
  • William T. Dwyer High School Rated A-
  • Clubhouse
  • Sauna

About This Home

As of March 2022

Turnkey oceanfront unit! Gorgeous Reaches two bedroom unit creatively remodeled to include den or third bedroom not found in other two bedroom Reaches units. Enjoy this splendid extra addition of space! The timeless total renovation of this corner unit, where you can enjoy sunrises and sunsets, was completed with an unmatched level of creativity and sophistication.Originally created as a two bedroom unit, the home was thoughtfully re-designed as a three bedroom home. The third bedroom, which can be used as an office or bedroom, was designed with a custom designed, imported Italian Clei Murphy Bed and custom shelving and desk.Only high end materials were used in the renovation of the home.

Last Agent to Sell the Property

Heidi Cole

Keller Williams Realty at The License #664443 Listed on: 11/20/2021

Keller Williams Realty at The

Co-Listed By

Laurie Hodges

KW Reserve License #3225046

Last Buyer's Agent

Richard Rand

Rand Florida Realty Group License #non licensed

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,630

Year Built

  • Built in 1981

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway

HOA Fees

  • $950 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Garden

Interior Spaces

  • 1,668 Sq Ft Home
  • Wet Bar
  • Custom Mirrors
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Closed Circuit Camera

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Property has ocean access
  • Seawall
  • Wrap Around Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 56434222210000014

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, pest control, reserve fund, sewer, trash, water
  • 94 Units
  • High-Rise Condominium
  • Reaches Condo Subdivision
  • 19-Story Property

Amenities

  • Game Room
  • Community Library
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Shuffleboard Court
  • Community Spa
  • Park

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,630

Year Built

Built in 1981

Lot Details

0

HOA Fees

$950 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA East to Singer Island. South to property
  • Year Built: 1981
  • Architectural Style: High Rise
  • Entry Level: 3
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, Living/Dining Room, Custom Mirrors, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1668.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 19
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Porch, TV Antenna
  • View: Garden, Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Ocean Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest

Utilities

  • Security: Closed Circuit Camera(s), Gated with Guard, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 950.0
  • Community Features: Game Room, Gated, Park, Property Manager On-Site, Pool, Sauna, Shuffleboard, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Library, Management, Pool, Shuffleboard Court, Sauna, Spa/Hot Tub, Storage, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Pest Control, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 56434222210000014
  • Lot Size: 0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6630.0

Multi Family

  • Number Of Units In Community: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2021
Closed on
Mar 21, 2022
Sold by
Ethalco Revocable Trust
Bought by
Gordon Richard and Gordon Deborah
Seller's Agent
Heidi Cole
Keller Williams Realty at The
Buyer's Agent
Richard Rand
Rand Florida Realty Group
List Price
$987,000
Sold Price
$925,000
Premium/Discount to List
-$62,000
-6.28%
Total Days on Market
90
Current Estimated Value
$1,076,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,345
Avg. Annual Appreciation
5.10%

Purchase Details

Listed on
Nov 3, 2015
Closed on
May 12, 2016
Sold by
Lombardi Joseph and Lombardi Nancy
Bought by
Klere Howard and Klere Revocable Trust
Seller's Agent
Valerie Groglio
Illustrated Properties LLC (Co
Buyer's Agent
Heidi Cole
Keller Williams Realty at The
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%

Purchase Details

Closed on
Jan 4, 2005
Sold by
Adler Jane H and Soule Yvonne L
Bought by
Lombardi Joseph

Purchase Details

Closed on
Mar 30, 2004
Sold by
Paunescu George P
Bought by
Soule Yvonne L and Adler Jane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2004
Sold by
Lieberman Judith B and David Barsky Revocable Trust
Bought by
Soule Yvonne L and Adler Jane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Gordon Richard $925,000 Pannone Lopes Devereaux & Ogar
Klere Howard -- The Title Network Inc
Klerer Howard $390,000 The Title Network Inc
Lombardi Joseph $435,000 --
Soule Yvonne L -- --
Soule Yvonne L $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soule Yvonne L $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $925,000 -6.3% $555 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
11/20/2021 11/20/21 For Sale $987,000 +153.1% $592 / Sq Ft
05/12/2016 05/12/16 Sold $390,000 -8.2% $234 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $425,000 -- $255 / 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 $18,243 $880,000 -- --
2023 $16,704 $800,000 $0 $800,000
2022 $9,994 $330,000 $0 $0
2021 $6,630 $300,000 $0 $300,000
2020 $7,119 $320,000 $0 $320,000
2019 $7,190 $320,000 $0 $320,000
2018 $7,014 $320,000 $0 $320,000
2017 $7,436 $335,000 $0 $0
2016 $5,674 $239,580 $0 $0
2015 $5,421 $217,800 $0 $0
2014 $4,958 $198,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10760340

BeachesMLS

APN: 56-43-42-22-21-000-0014