NOT LISTED FOR SALE

5552 N Ocean Blvd Unit 1A Boynton Beach, FL 33435

Estimated Value: $1,295,000 - $1,695,000

3 Beds
2 Baths
2,265 Sq Ft
$686/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $1,560,000 $689 Per Sq Ft

Current estimated payment $11,718/month

33 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Marble Flooring
  • High Impact Windows
  • Outdoor Pool
  • Lanai
  • Patio

About This Home

As of May 2023

Highly desirable Ocean Ridge Yacht Club. This direct Intracoastal corner unit with two dock spaces is very rare! Enjoy incredible waterway views and unparalleled access to boating from this well maintained unit with 2 private dock spaces. You will find a newly renovated stunning kitchen, Three bedrooms, Two and a half baths with a very large outdoor covered and screened terrace. There is also an oversized Primary Suite second floor terrace maximizing your opportunities to enjoy the fabulous Florida outdoors! Additionally the community is beautifully maintained and includes a marina, heated pool, headed spa, and stunning grounds. Close proximity to pristine beaches, fine dining, world class golf, upscale shopping, and so much more. Welcome to paradise!

Last Agent to Sell the Property

Kourtney Pulitzer

Sotheby's International Realty, Inc. License #SL-3278434 Listed on: 03/31/2023

Sotheby's International Realty, Inc.

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,291

Year Built

  • Built in 1987

Lot Details

  • 2,614 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • East Facing Home

HOA Fees

  • $1,261 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Asphalt Shingled Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,265 Sq Ft Home
  • 2-Story Property
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Pool
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 46434534410000011

Community Details

Overview

  • Association fees include common area
  • Mandatory home owners association

Amenities

  • Common Area

Recreation

  • Community Pool

Security

  • High Impact Windows
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,291

Year Built

Built in 1987

Lot Details

0

HOA Fees

$1,261 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Townhouse/Villa
  • Lot Size Acres: 0.06
  • Lot Size: 1
  • Architectural Style: Two Story
  • Building Name: N/A
  • Year Built: 1987
  • Location Tax Legal:Name of Building: N/A
  • Location Tax Legal:Zoned: 0110 -TH
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 10291.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 2265.0
  • General Property Description:Pool: Yes
  • General Property Description:Per: Month
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:East2: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Maintenance Includes:Common Area: Yes
  • General Property Description:Lot Dim (1): 1
  • General Property Description:Maint Amount: 1261.0
  • General Property Description:Waterfrt: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 2614
  • Roof:Asphalt Shingle: Yes
  • WaterSewer:City Water: Yes
  • Windows:Impact Glass: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Restrictions:Homeowners Assoc: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Pool:Community Pool: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Microwave, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Smoke Detectors
  • Living Area: 2265.0
  • Stories: 2
  • Window Features: Impact Glass
  • Other Rooms:Dining Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes

Exterior Features

  • Pool Features: Community Pool
  • Pool Private: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Impact Windows
  • Roof: Asphalt
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_one_ Car2: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes
  • Mandatory HOA: Yes

Fee Information

  • Association Fee Includes: Common Area

Lot Info

  • Lot Size Sq Ft: 2614.0
  • Parcel #: 46434534410000011
  • Zoning: 0110 -TH
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Maintenance Expense: 1261.0

Tax Info

  • Tax Annual Amount: 10291.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 24, 2023
Sold by
Archbold Cynthia A
Bought by
Sapletal Steven David and Sapletal Sapl
Seller's Agent
Kourtney Pulitzer
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,639,000
Sold Price
$1,560,000
Premium/Discount to List
-$79,000
-4.82%
Views
36
Current Estimated Value
$1,553,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,276
Avg. Annual Appreciation
-0.18%
Original Mortgage
$1,248,000
Outstanding Balance
$1,215,952
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$337,772

Purchase Details

Listed on
Apr 9, 2013
Closed on
Jan 14, 2014
Sold by
Norris William J and Norris Jeanette M
Bought by
Fusselmann William R and Arehbold Cynthia A
Seller's Agent
Anastasios Varvarikos
Inactive Member
Buyer's Agent
Christian Bittman
Bittman, Christian Jonas
List Price
$949,000
Sold Price
$840,000
Premium/Discount to List
-$109,000
-11.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$300,000
Interest Rate
4.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 7, 2010
Sold by
Norris William J and Norris Jeanette
Bought by
Norris William J and Norris Jeanette M

Purchase Details

Closed on
May 26, 2009
Sold by
Pasco James and Daley Cybele
Bought by
Norris William J and Norris Jeanette

Purchase Details

Closed on
Sep 16, 2002
Sold by
Albert Eugene K and Albert Gail
Bought by
Pasco James and Daley Cybele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6%
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
Sapletal Steven David $1,560,000 Equity Land Title
Fusselmann William R $840,000 Attorney
Norris William J -- Attorney
Norris William J $550,000 Attorney
Pasco James $715,000 Southeastern Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sapletal Steven David $1,248,000
Previous Owner Fusselmann William R $300,000
Previous Owner Pasco James $500,000
Previous Owner Pasco James $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $1,560,000 -4.8% $689 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $1,639,000 +95.1% $724 / Sq Ft
01/14/2014 01/14/14 Sold $840,000 -11.5% $371 / Sq Ft
12/15/2013 12/15/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $949,000 -- $419 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $23,888 $1,305,326 -- --
2023 $10,246 $598,588 $0 $0
2022 $10,291 $581,153 $0 $0
2021 $10,249 $564,226 $0 $0
2020 $10,111 $556,436 $0 $0
2019 $10,080 $543,926 $0 $0
2018 $9,504 $533,784 $0 $0
2017 $9,389 $522,805 $0 $0
2016 $4,738 $512,052 $0 $0
2015 $9,677 $508,493 $0 $0
2014 $12,163 $526,602 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-601

APN: 46-43-45-34-41-000-0011