NOT LISTED FOR SALE

Water Glades 5540 N Ocean Dr Unit 18B Riviera Beach, FL 33404

Estimated Value: $971,631 - $1,157,000

2 Beds
2 Baths
1,558 Sq Ft
11.88 Acres

Last Sold September 25, 2013

Last sale price $365,000 $234 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $7,171/month

Highlights

  • Ocean Front
  • Gated with Attendant
  • Wood Flooring
  • William T. Dwyer High School Rated A-
  • Clubhouse
  • Furnished

About This Home

As of October 2016

This gorgeous 2 bedroom, 2 bath, furnished condo on the 18th floor of Tower 100 at the Water Glades has breathtaking, panoramic views of the Atlantic Ocean & Intracoastal Waterway. Tile floors run throughout the living area & floor to ceiling impact sliders open to the wrap around balcony. The updated kitchen has 42'' wood cabinets & granite counter tops. There is a beautiful cherry king bedroom set in the master & a queen set in the 2nd bedroom. Available as a furnished annual rental at $2700 mo or AVAILABLE FOR THE 2017 SEASON at $5500 mo. The Water Glades is located on the northernmost point of Singer Island close to all of the fine dining and shopping that Palm Beach Gardens has to offer. Water Glades has 1000 ft of beach, clubhouse, 2 pools, tennis courts, a gym, putting green & more.

Last Agent to Rent the Property

Michael Watson

Mangrove Property Management License #3268165 Listed on: 08/22/2016

Last Renter's Agent

Kathryn Klar

Donohue Real Estate, LLC License #445013

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,951

Year Built

  • Built in 1975

Lot Details

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

Parking

  • Assigned Parking

Property Views

Interior Spaces

  • 1,558 Sq Ft Home
  • Furnished
  • Family Room

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Wrap Around Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Municipal Trash
  • TV Antenna

Listing and Financial Details

  • Property Available on 8/22/16
  • Assessor Parcel Number 56434215071000182

Community Details

Overview

  • Water Glades 100, 200 & 3 Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Shuffleboard Court
  • Community Spa
  • Putting Green
  • Recreational Area

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,951

Year Built

Built in 1975

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2016-08-22

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95, East on PGA Blvd for 5.7 miles.
  • Year Built: 1975
  • Carport Y N: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Split Bedrooms
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Living Area: 1558.0
  • Dining Room Type: Family Room

Exterior Features

  • Exterior Features: Balcony, Porch, TV Antenna, Tennis Court(s)
  • View: Intercoastal, Ocean, Pool, Water
  • Pool Features: Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front
  • Waterfront: Yes
  • Direction Faces: Southeast
  • Patio And Porch Features: Porch, Wrap Around

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard, Key Card Entry, Security Guard
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Property Manager On-Site, Pool, Shuffleboard, Tennis Court(s), Recreation Area
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Management, Pool, Putting Green(s), Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s), Trash
  • Pets Allowed: Conditional, No

Lot Info

  • Parcel #: 56434215071000182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2012
Closed on
Sep 19, 2013
Sold by
Whitmore Ernest P
Bought by
Evans Tony
Seller's Agent
John Nugent
Compass Florida LLC
Buyer's Agent
Marilyn D
Illustrated Properties LLC (Co
List Price
$400,000
Sold Price
$365,000
Premium/Discount to List
-$35,000
-8.75%
Current Estimated Value
$1,058,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$693,658
Avg. Annual Appreciation
9.39%

Purchase Details

Closed on
Feb 12, 2007
Sold by
Clausner Emmet C and Clausner Glenda A
Bought by
Whitmore Ernest P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Evans Tony $365,000 Pinnacle Land & Title Inc
Whitmore Ernest P $565,000 The Title Network Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitmore Ernest P $452,000
Previous Owner Clausner Emmet C $472,500
Previous Owner Clausner Emmet C $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2016 10/01/16 Rented $2,700 0.0% --
09/01/2016 09/01/16 Under Contract -- -- --
08/22/2016 08/22/16 For Rent $2,700 0.0% --
09/25/2013 09/25/13 Sold $365,000 -8.8% $234 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
07/12/2012 07/12/12 For Sale $400,000 -- $257 / 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 $16,951 $765,325 -- --
2023 $15,537 $695,750 $0 $0
2022 $13,837 $632,500 $0 $0
2021 $12,620 $575,000 $0 $575,000
2020 $12,441 $575,000 $0 $575,000
2019 $11,806 $575,000 $0 $575,000
2018 $10,040 $460,000 $0 $460,000
2017 $10,174 $460,000 $0 $0
2016 $10,389 $459,800 $0 $0
2015 $10,135 $418,000 $0 $0
2014 $9,103 $380,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Watson

    Landlord's Agent in 2016

    Michael Watson

    Mangrove Property Management

    (561) 510-8666

    25 Total Sales

    Michael Watson
    Section Image

  • K

    Tenant's Agent in 2016

    Kathryn Klar

    Donohue Real Estate, LLC

  • John Nugent

    Seller's Agent in 2013

    John Nugent

    Compass Florida LLC

    (561) 301-3371

    110 in this area

    116 Total Sales

    John Nugent
    Section Image

  • M

    Buyer's Agent in 2013

    Marilyn D

    Illustrated Properties LLC (Co

    (561) 309-3579

    50 in this area

    58 Total Sales

    Marilyn D
    Section Image
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About Water Glades

Map

Source: BeachesMLS

MLS Number: R10260887

BeachesMLS

APN: 56-43-42-15-07-100-0182

Florida Palm Beach County Riviera Beach 33404

5540 N Ocean Dr Unit 18B, Riviera Beach, FL

This home is located at 5540 N Ocean Dr Unit 18B, Riviera Beach, FL 33404 since 22 August 2016 and is currently priced at $1,058,658. This property was built in 1975. 5540 N Ocean Dr Unit 18B is a home located in Palm Beach County with nearby schools including Lincoln Elementary School, William T. Dwyer High School, and John F. Kennedy Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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