NOT LISTED FOR SALE

Water Glades 5510 N Ocean Dr Unit 7B Riviera Beach, FL 33404

Estimated Value: $835,262 - $1,031,000

2 Beds
2 Baths
1,680 Sq Ft
$970/mo HOA Fee

Last Sold August 23, 2019

Last sale price $570,000 $339 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,007/month

38 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Roman Tub
  • William T. Dwyer High School Rated A-
  • Clubhouse
  • Furnished

About This Home

As of August 2019

ILLNOUS FORCERS SALE OF HOME PURCHASED JUST 1 YEAR AGO. THE MAGNIFICENT VIEWS FROM ITS FLOOR TO CEILING ,WALL TO WALL IMPACT WINDOWS OF THE BLUE ATLANTIC OCEAN AND THE LIGHTS OF THE INTERCOSTAL WATERWAYS FROM YOUR 57 FOOT WRAP AROUND BALCONY ARE BREATHTAKING. YOU GET SUNRISE AND SUNSET EVERY DAY OF THE YEAR.THIS OPEN NEW KITCHEN WITH UP GRADED BATHROOMS AND ALL TILE FLOORS MAKES THIS A MOVE IN READY UNIT. 2 HEATED POOLS,4 TENNIS COURTS, PUTTING GREEN,SHUFFLE BOARD, BBQ AREA CLUB HOUSE,1200 FEET OF SANDY BEACH AND 24 HOUR SECURITY GUARD GATE.

Last Agent to Sell the Property

Tony Sacco

Singer Island Real Estate License #3322389 Listed on: 06/15/2019

Last Buyer's Agent

Rex Baker

Inactive Member License #3434310

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,392

Year Built

  • Built in 1978

Lot Details

HOA Fees

  • $970 Monthly HOA Fees

Interior Spaces

  • 1,680 Sq Ft Home
  • Furnished

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Roman Tub

Home Security

Parking

  • Covered Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 56434215073000072

Community Details

Overview

  • Association fees include internet
  • Water Glades Subdivision
  • 25-Story Property

Amenities

  • Community Library
  • Community Wi-Fi

Recreation

  • Shuffleboard Court
  • Putting Green

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,392

Year Built

Built in 1978

Lot Details

0

HOA Fees

$970 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 95 TO PGA BLVD GO EAST 5 1/2 MILES COMPLEX ON LEFT
  • Year Built: 1978
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, Split Bedrooms
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1680.0
  • Stories: 25
  • Window Features: Impact Glass

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Covered

Utilities

  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 970.0
  • Community Features: Clubhouse, Internet Access, Property Manager On-Site, Pool, Shuffleboard, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Library, Management, Pool, Putting Green(s), Shuffleboard Court, Storage, Tennis Court(s), Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Internet

Lot Info

  • Parcel #: 56434215073000072
  • Zoning Description: RESIDENT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9392.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2023
Sold by
Baker Rex
Bought by
Rex Baker Living Trust
Current Estimated Value
$904,816

Purchase Details

Listed on
Jun 15, 2019
Closed on
Aug 22, 2019
Sold by
Miller Stephen
Bought by
Baker Rex
Seller's Agent
Tony Sacco
Singer Island Real Estate
Buyer's Agent
Rex Baker
Inactive Member
List Price
$589,000
Sold Price
$570,000
Premium/Discount to List
-$19,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$427,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2018
Sold by
Forlenza Richard and Forlenza John
Bought by
Miller Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Stein Carey
Bought by
Forlenza John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 1, 2003
Sold by
Frank Benjamin
Bought by
Stein Carey

Purchase Details

Closed on
Aug 9, 2002
Sold by
Ellenbogen Daniel and Estate Of Lois Ellenbogen
Bought by
Frank Benjamin

Purchase Details

Closed on
Apr 5, 2001
Sold by
Patricia D Oconnell I
Bought by
Ellenbogen Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 1997
Sold by
Doherty James P and Doherty Marilyn K
Bought by
Doherty Marilyn K
Source: Public Records

Range of Values:

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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
Rex Baker Living Trust -- None Listed On Document
Baker Rex $570,000 Attorney
Miller Stephen $540,000 South Florida Title Insurers
Forlenza John $682,500 --
Stein Carey $341,950 --
Frank Benjamin $268,000 --
Ellenbogen Lois $219,500 --
Doherty Jim $155,000 --
Doherty Marilyn K $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Rex $427,500
Previous Owner Miller Stephen $400,000
Previous Owner Forlenza John $400,000
Previous Owner Doherty Marilyn K $119,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $570,000 -3.2% $339 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $589,000 -- $351 / 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 $13,278 $598,950 -- --
2023 $12,180 $544,500 $0 $0
2022 $10,851 $495,000 $0 $0
2021 $9,897 $450,000 $0 $450,000
2020 $9,972 $450,000 $0 $450,000
2019 $10,071 $450,000 $0 $450,000
2018 $9,392 $430,000 $0 $430,000
2017 $9,517 $430,000 $0 $0
2016 $9,251 $399,300 $0 $0
2015 $8,908 $363,000 $0 $0
2014 $7,918 $330,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10539132

BeachesMLS

APN: 56-43-42-15-07-300-0072