NOT LISTED FOR SALE

Water Glades 5540 N Ocean Dr Unit 6B Riviera Beach, FL 33404

Estimated Value: $1,069,333 - $1,553,000

2 Beds
2 Baths
1,580 Sq Ft
11.88 Acres

Last Sold September 19, 2017

Last sale price $560,000 $354 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $8,326/month

Highlights

  • Ocean Front
  • Roman Tub
  • Clay Flooring
  • William T. Dwyer High School Rated A-
  • Furnished
  • Central Heating and Cooling System

About This Home

As of April 2020

ITS ALL ABOUT THE VIEW, AND THIS UNIT HAS IT.GREAT VIEWS OF THE BLUE ATLANTIC OCEAN AND THE NIGHT LIGHTS OF THE INTERCOASTAL WATER WAYS FROM YOUR 57 FOOT WRAP AROUND BALCONY.WALL TO WALL AND FLOOR TO CEILING IMPACT WINDOWS. YOU GET SUNRISE AND SUNSET ALL YEAR ROUND ,ONLY 4 UNITS PER FLOOR .2 BED ROOM 2 BATH HOME. 2 HEATED POOLS,4 TENNIS COURTS,PUTTING GREENS,SCHUFFLE BOARD,BBQ AREA,CLUBHOUSE,24 HOUR MANED SECURITY GATE.AND MOST IMPORTANT 1200 FEET OF SANDY BEACH AT YOUR FOOTSTEPS.NEAR AIRPORT AND RESTURANTS,SHOPS AND MALLS

Last Agent to Rent the Property

Tony Sacco

Singer Island Real Estate License #3322389 Listed on: 03/25/2020

Last Renter's Agent

Tony Sacco

Singer Island Real Estate License #3322389 Listed on: 03/25/2020

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,004

Year Built

  • Built in 1977

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway

Parking

  • 1 Car Garage

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,580 Sq Ft Home
  • Furnished
  • Clay Flooring

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

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

Home Security

Utilities

  • Central Heating and Cooling System
  • TV Antenna

Listing and Financial Details

  • Property Available on 5/1/20
  • Assessor Parcel Number 56434215071000062

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Water Glades Subdivision
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$21,004

Year Built

Built in 1977

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2020-05-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 95 TO PGA BLVD GO EAST 5 1/2 MILES
  • Year Built: 1977
  • Entry Level: 6
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Garden Tub/Roman Tub, Split Bedrooms, Separate Shower
  • Furnished: Furnished
  • Appliances: Dishwasher, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Clay
  • Living Area: 1580.0

Exterior Features

  • Exterior Features: TV Antenna, Tennis Court(s)
  • Pool Features: None
  • Waterfront Features: Intracoastal Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 56434215071000062
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Tricar Florida Inc
Bought by
Vista Mare Holdings Llc
Current Estimated Value
$1,234,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,750
Outstanding Balance
$610,721
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
$623,612

Purchase Details

Closed on
Dec 21, 2020
Sold by
Nidami Llc
Bought by
Tricar Florida Inc

Purchase Details

Listed on
Aug 27, 2017
Closed on
Sep 19, 2017
Sold by
Polkow Mchele Lee
Bought by
Nidami Series 3 Llc
Seller's Agent
John Nugent
Compass Florida LLC
List Price
$589,000
Sold Price
$560,000
Premium/Discount to List
-$29,000
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%

Purchase Details

Closed on
Sep 15, 2004
Sold by
Garrett Kimberly Lynn and Polkow Michele Lee
Bought by
Garrett Kimberly Lynn

Purchase Details

Closed on
May 22, 1995
Sold by
Slusser Donald D
Bought by
Slusser Donald D

Purchase Details

Closed on
Sep 28, 1993
Sold by
Beard Jane C
Bought by
Slusser Donald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.99%
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
Vista Mare Holdings Llc $885,000 First International Ttl Inc
Vista Mare Holdings Llc $885,000 First International Title
Tricar Florida Inc $575,000 First International Ttl Inc
Nidami Series 3 Llc $560,000 An Employee First Internatio
Garrett Kimberly Lynn -- --
Slusser Donald D -- --
Slusser Donald D $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vista Mare Holdings Llc $663,750
Closed Vista Mare Holdings Llc $663,750
Previous Owner Slusser Donald D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 For Rent $2,950 +11.3% --
03/25/2020 03/25/20 Rented $2,650 0.0% --
09/19/2017 09/19/17 Sold $560,000 0.0% $359 / Sq Ft
09/19/2017 09/19/17 Sold $560,000 -4.9% $359 / Sq Ft
09/19/2017 09/19/17 For Sale $589,000 +5.2% $378 / Sq Ft
09/05/2017 09/05/17 Off Market $560,000 -- --
09/05/2017 09/05/17 For Sale $589,000 0.0% $378 / Sq Ft
08/27/2017 08/27/17 For Sale $589,000 +5.2% $378 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
08/04/2017 08/04/17 Off Market $560,000 -- --
08/02/2017 08/02/17 For Sale $589,000 +5.2% $378 / Sq Ft
07/28/2017 07/28/17 Off Market $560,000 -- --
06/28/2017 06/28/17 For Sale $589,000 0.0% $378 / Sq Ft
01/01/2016 01/01/16 Rented $5,000 0.0% --
12/02/2015 12/02/15 Under Contract -- -- --
06/18/2015 06/18/15 For Rent $5,000 -- --
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 $21,004 $973,748 -- --
2023 $19,246 $885,225 $0 $0
2022 $17,122 $804,750 $0 $0
2021 $11,422 $520,000 $0 $520,000
2020 $11,423 $520,000 $0 $520,000
2019 $10,835 $520,000 $0 $520,000
2018 $9,284 $425,000 $0 $425,000
2017 $9,408 $425,000 $0 $0
2016 $9,123 $393,250 $0 $0
2015 $8,785 $357,500 $0 $0
2014 $7,800 $325,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2020

    Tony Sacco

    Singer Island Real Estate

    (561) 632-0020

    85 in this area

    97 Total Sales

    Tony Sacco
    Section Image
  • John Nugent

    Seller's Agent in 2017

    John Nugent

    Compass Florida LLC

    (561) 301-3371

    108 in this area

    114 Total Sales

    John Nugent
    Section Image

  • M

    Buyer's Agent in 2017

    Maria P Sajon

    PG Management Group LLC

    (954) 588-3158

    9 in this area

    93 Total Sales

    Maria P Sajon
    Section Image

  • S

    Seller's Agent in 2016

    Sherry Temple

    Illustrated Properties LLC (Singer Island)

  • F

    Buyer's Agent in 2016

    Francis Scheuring

    Inactive Member

See All Agents

About Water Glades

Map

Source: BeachesMLS

MLS Number: R10612225

BeachesMLS

APN: 56-43-42-15-07-100-0062

Florida Palm Beach County Riviera Beach 33404

5540 N Ocean Dr Unit 6B, Riviera Beach, FL

This home is located at 5540 N Ocean Dr Unit 6B, Riviera Beach, FL 33404 since 25 March 2020 and is currently priced at $1,234,333. This property was built in 1977. 5540 N Ocean Dr Unit 6B 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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