NOT LISTED FOR SALE

5720 Old Ocean Blvd Unit 5E Boynton Beach, FL 33435

Estimated Value: $928,844 - $1,065,000

2 Beds
2 Baths
1,164 Sq Ft
$500/mo HOA Fee

Last Sold August 09, 2023

Last sale price $900,000 $773 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,098/month

156 Days on Market

Highlights

  • Ocean Front
  • Balcony
  • Impact Glass
  • Jetted Tub in Primary Bathroom
  • 1 Car Detached Garage
  • Breakfast Bar

About This Home

As of August 2023

The perfect oceanfront townhouse with private beach access to a pristine beach in the exclusive seaside town of Ocean Ridge. The 2 bedroom, 2 bath residence features direct ocean views, full impact/hurricane glass windows and doors, open floorplan, and spacious one car garage.

Last Agent to Sell the Property

Val Coz

Douglas Elliman License #3084495 Listed on: 02/21/2023

Douglas Elliman

Last Buyer's Agent

Val Coz

Douglas Elliman License #3084495 Listed on: 02/21/2023

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,791

Year Built

  • Built in 1976

Lot Details

  • Ocean Front

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Guest Parking

Interior Spaces

  • 1,164 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer

Home Security

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46434527460010050

Community Details

Overview

  • 10 Units
  • Ocean Terrace Condo Subdivision

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,791

Year Built

Built in 1976

Lot Details

0

HOA Fees

$500 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Woolbright Rd to A1A north one block to Adams Rd - east to Old Ocean
  • Year Built: 1976
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Jetted Tub, Living/Dining Room, Pantry
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 1164.0
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Ocean
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage, Guest, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Parcel #: 46434527460010050
  • Zoning Description: RMM(ci

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6791.0

Multi Family

  • Number Of Units In Community: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Aug 9, 2023
Sold by
Stormet C Norem Revocable Living Trust
Bought by
Rev Partners Llc
Seller's Agent
Val Coz
Douglas Elliman
Buyer's Agent
Val Coz
Douglas Elliman
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%
Views
83
Current Estimated Value
$1,000,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,211
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Oct 5, 2020
Sold by
Norem Stormet C
Bought by
Norem Stormet C and Norem Stormet C

Purchase Details

Closed on
Feb 26, 2002
Sold by
Kaminsky Howard and Hoffman Hartmut
Bought by
Norem Stormet C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,550
Interest Rate
6.86%
Source: Public Records

Range of Values:

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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
Rev Partners Llc $900,000 Secure Land Title & Escrow
Norem Stormet C -- Attorney
Norem Stormet C $289,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norem Stormet C $548,250
Previous Owner Norem Stormet C $174,900
Previous Owner Norem Stormet C $396,643
Previous Owner Norem Stormet C $20,000
Previous Owner Norem Stormet C $417,000
Previous Owner Norem Stormet C $359,650
Previous Owner Norem Stormet C $90,000
Previous Owner Norem Stormet C $274,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $900,000 -9.5% $773 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $995,000 +10.6% $855 / Sq Ft
07/10/2023 07/10/23 Off Market $900,000 -- --
06/14/2023 06/14/23 Price Changed $995,000 -23.2% $855 / Sq Ft
02/21/2023 02/21/23 For Sale $1,295,000 -- $1,113 / 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 $13,911 $757,677 -- --
2023 $6,831 $407,624 $0 $0
2022 $6,791 $395,751 $0 $0
2021 $6,755 $384,224 $0 $0
2020 $6,661 $378,919 $0 $0
2019 $6,636 $370,400 $0 $0
2018 $6,251 $363,494 $0 $0
2017 $6,171 $356,018 $0 $0
2016 $6,210 $348,695 $0 $0
2015 $6,354 $346,271 $0 $0
2014 $6,364 $343,523 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Val Coz

    Seller's Agent in 2023

    Val Coz

    Douglas Elliman

    (561) 386-8011

    25 in this area

    39 Total Sales

    Val Coz
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10867958

BeachesMLS

APN: 46-43-45-27-46-001-0050

Florida Palm Beach County Boynton Beach 33435

5720 Old Ocean Blvd Unit 5E, Boynton Beach, FL

This home is located at 5720 Old Ocean Blvd Unit 5E, Boynton Beach, FL 33435 since 21 February 2023 and is currently estimated at $1,000,211, approximately $859 per square foot. This property was built in 1976. 5720 Old Ocean Blvd Unit 5E 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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