5500 Old Ocean Blvd #202, Ocean Ridge, 33435

REDUCED 4% Residential - Condo or Coop For Sale in OCEAN MANOR CONDO

$599,000

2Beds
2Baths
1,062Sqft
1973Built
173DOM
MLS® #: RX-10491547
Active, 173 Days on Market

Amazing opportunity to own a 2nd floor unit located steps from the private beach with ocean views. This 2 bed/2 bath beautifully renovated condo must be seen! The unit boasts marble flooring throughout, granite counter tops throughout, open concept kitchen, impact glass, washer/dryer in unit, central vacuum, storage space, lots of parking, and privacy. Ocean Manor, an intimate boutique community, is beautifully landscaped and includes deeded beach access with private sundeck. Old Ocean Boulevard is one of the most special streets in Florida. A true gem! Great investment property with leasing allowed right away at 60 day minimum term, and you are able to rent 2 times per year. Unit was leased annually in 2018 for $5,000/month ($60k in Gross Income annually) and $7,000 during seasonRare opportunity to own a 1st floor and 2nd floor unit. You can combine both units with a spiral staircase.

Price & Status History

Date Details
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $625,000 to $599,000
Status Changed from Price Change to Active
Status Changed from Active to Price Change
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Essential Information

MLS® #: RX-10491547
Price: $599,000
Bedrooms: 2
Bathrooms: 2.00
Full Baths: 2
Square Footage: 1,062
Acres: 0.00
Year Built: 1973
Type: Residential
Sub-Type: Condo or Coop
Style: < 4 Floors
Status: Active

Community Information

Address: 5500 Old Ocean Blvd #202
Area: 4120
Subdivision: OCEAN MANOR CONDO
City: Ocean Ridge
County: Palm Beach
State: FL
Zip Code: 33435

Amenities

Amenities: Bike Storage, Common Laundry, Extra Storage, Picnic Area, Pool
Utilities: Cable, Public Water, Septic
Parking: 2+ Spaces, Guest, Open
View: Garden, Ocean
Is Waterfront: Yes
Waterfront: Ocean Access

Interior

Interior Features: Built-in Shelves, Closet Cabinets, W/D Hookup, Walk-in Closet
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range - Electric, Refrigerator, Washer
Heating: Central
Cooling: Ceiling Fan, Central
# of Stories: 2
Stories: 2.00

Exterior

Exterior Features: Open Balcony
Windows: Impact Glass
Construction: CBS

Additional Information

Listing Office: Coldwell Banker/Delray Beach
Date Listed: January 2nd, 2019
Days on Market: 173
Zoning: RMM(ci
HOA Fees: 470
HOA Fees Freq.: Monthly

Listing Details

Listing Office: Coldwell Banker/Delray Beach

Financials

$/SqFt: $564

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Listing information last updated on June 24th, 2019 at 6:30pm EDT.