NOT LISTED FOR SALE

5554 N Ocean Blvd Unit 3A Boynton Beach, FL 33435

Ocean Ridge Neighborhood

Estimated Value: $1,554,000 - $1,821,242

3 Beds
2.5 Baths
2,265 Sq Ft
$739/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $1,625,000 $717 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $12,235/month

158 Days on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Mediterranean Architecture
  • Property has ocean access
  • Gated Community
  • Attic

About This Home

As of March 2022

THIS VIEW COULD BE YOURS!!! WELCOME TO PARADISE AMAZING DIRECT INTRACOASTAL VIEWS ONE BOAT SLIP/LIFT IS RIGHT OUT YOUR BACK DOOR THIS IS A BOATERS DREAM. PRIVATE GATED INTRACOASTAL COMMUNITY. HAS A MARINA AND HEATED POOL. THIS UNIT FEATURES AN OPEN KITCHEN AND DINING AREA, AN EXTENDED COVERED SCREENED PATIO AND UNCOVERED SEATING AREA TO ENJOY THE WATER VIEWS AND EXQUISITE SUNSETS. THE LARGE OWNERS SUITE HAS A NEW COVERED BALCONY & DECK TO ENJOY THE SPECTACULAR VIEWS, LARGE OWNERS CLOSET WITH BUILT-INS, UPDATED OWNERS BATHROOM WITH A LARGE WALK IN SHOWER. TWO LARGE GUEST ROOMS WITH A UPDATED GUEST BATH, IN UNIT LAUNDRY ROOM, HALF BATH DOWNSTAIRS , UPGRADED FLOORING, PLANTATION SHUTTERS, TANKLESS WATER HEATER, NEWER A/C, ONE CAR GARAGE, TWO ADDITIONAL OPEN SPACES AND MUCH MORE!!

Last Listed By

Shereen Vahabzadeh

Premier Properties of South Fl License #651735 Listed on: 08/21/2021

Premier Properties of South Fl

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,724

Year Built

  • Built in 1987

Lot Details

  • Property fronts an intracoastal waterway
  • Sprinkler System

HOA Fees

  • $786 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 2,265 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Florida or Dining Combination
  • Screened Porch
  • Intracoastal Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Clay
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46434534410000031

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, pool(s), security
  • 50 Units
  • Ocean Ridge Yacht Club Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,724

Year Built

Built in 1987

Lot Details

0

HOA Fees

$786 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Woolbright East over Intracoastal turn right on A1A first right into Ocean Ridge Yacht Club after entrance to gate go left and follow to property.
  • Year Built: 1987
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Attic, Breakfast Bar, Entrance Foyer, Family/Dining Room, Pantry, Pull Down Attic Stairs, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Clay, Ceramic Tile, Other
  • Living Area: 2265.0
  • Dining Room Type: Family Room, Great Room, Laundry
  • Stories: 2
  • Window Features: Blinds, Plantation Shutters, Sliding

Exterior Features

  • Exterior Features: Enclosed Porch, Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Disclosures: Deed Restriction, Pet on Property, Seller Disclosure
  • Construction Type: Block
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Barrel, Wood Trusses

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 786.0
  • Community Features: Boat Facilities, Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Pool(s), Security

Lot Info

  • Parcel #: 46434534410000031
  • Lot Size: < 1/4 Acre,East of US-1,
  • Zoning Description: RMM(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10724.0

Multi Family

  • Number Of Units In Community: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Feb 28, 2022
Sold by
Ina And Richard C Sacks Trust
Bought by
Grosso James F and Grosso Judith D
Seller's Agent
Shereen Vahabzadeh
Premier Properties of South Fl
Buyer's Agent
Jeffrey Johnson
Douglas Elliman
List Price
$1,699,999
Sold Price
$1,625,000
Premium/Discount to List
-$74,999
-4.41%
Total Days on Market
158
Current Estimated Value
$1,673,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,311
Avg. Annual Appreciation
0.92%
Original Mortgage
$1,000,000
Outstanding Balance
$927,541
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$746,174

Purchase Details

Closed on
Oct 29, 2019
Sold by
Sacks Richard and Sacks Ina
Bought by
Sacks Ina and Sacks Richard C

Purchase Details

Listed on
Oct 30, 2012
Closed on
Dec 10, 2012
Sold by
Schmidt Russell
Bought by
Sacks Richard and Sacks Ina
Seller's Agent
Anastasios Varvarikos
Inactive member
Buyer's Agent
Shereen Vahabzadeh
Premier Properties of South Fl
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
Sep 26, 2003
Sold by
Barba Melanie K
Bought by
Schmidt Russell

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
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2003
Sold by
Pollaci Mark A and Pollaci Anna M
Bought by
Barba Melanie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.62%

Purchase Details

Closed on
Apr 4, 1996
Sold by
N-O-R Properties Inc
Bought by
Pollaci Mark A and Pollaci Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.25%
Mortgage Type
New Conventional

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
Grosso James F $1,625,000 Ocean View Title & Escrow
Sacks Ina -- Attorney
Sacks Richard $675,000 Secure Land Title & Escrow S
Schmidt Russell $715,000 Southeastern Alliance Title
Barba Melanie K $625,000 Southeastern Alliance Title
Pollaci Mark A $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grosso James F $1,000,000
Previous Owner Sacks Richard $315,000
Previous Owner Schmidt Russell $152,600
Previous Owner Schmidt Russell E $376,000
Previous Owner Schmidt Russell $500,000
Previous Owner Barba Melanie K $300,000
Previous Owner Pollaci Mark A $100,000
Previous Owner Pollaci Mark A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $1,625,000 -4.4% $717 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
08/24/2021 08/24/21 For Sale $1,699,999 +151.9% $751 / Sq Ft
12/10/2012 12/10/12 Sold $675,000 -3.4% $286 / Sq Ft
11/10/2012 11/10/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $699,000 -- $296 / 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 $25,527 $1,395,288 -- --
2023 $23,666 $1,283,288 $0 $1,283,288
2022 $10,913 $614,107 $0 $0
2021 $10,870 $596,220 $0 $0
2020 $10,724 $587,988 $0 $0
2019 $10,692 $574,768 $0 $0
2018 $10,082 $564,051 $0 $0
2017 $9,961 $552,450 $0 $0
2016 $10,033 $541,087 $0 $0
2015 $10,268 $537,326 $0 $0
2014 $10,286 $533,062 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shereen Vahabzadeh

    Premier Properties of South Fl

    (561) 818-9302

    1 in this area

    26 Total Sales

    Shereen Vahabzadeh
    Section Image
  • Jeffrey Johnson

    Buyer's Agent in 2022

    Jeffrey Johnson

    Douglas Elliman

    (561) 376-4328

    2 in this area

    18 Total Sales

    Jeffrey Johnson
    Section Image

  • A

    Seller's Agent in 2012

    Anastasios Varvarikos

    Inactive member

    (561) 704-8136

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10740537

BeachesMLS

APN: 46-43-45-34-41-000-0031

Florida Palm Beach County Boynton Beach 33435 Ocean Ridge

5554 N Ocean Blvd Unit 3A, Boynton Beach, FL

Homes for Sale in Boynton Beach, FL

This home is located at 5554 N Ocean Blvd Unit 3A, Boynton Beach, FL 33435 since 21 August 2021 and is currently estimated at $1,673,311, approximately $738 per square foot. This property was built in 1987. 5554 N Ocean Blvd Unit 3A is a home located in Palm Beach County with nearby schools including Forest Park Elementary School, Boynton Beach Community High School, and Congress Community 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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