5500 Old Ocean Boulevard Unit #202, Ocean Ridge, FL 33435

$599,000
2
BD
2
BA
1,062
SqFt
List Price
$599,000
Price Change
▼ $26,000 1554753566
Days on Market
166
MLS#
RX-10491547
Status
ACTIVE
Bedrooms
2
Full Bathrooms
2
Sq. Ft
1,062
Subtype
Condo/Coop
County
Palm Beach
Community
Ocean Manor Condo
Subdivision
Ocean Manor Condo
Year Built
1973

Property Description

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 season Rare opportunity to own a 1st floor and 2nd floor unit. You can combine both units with a spiral staircase.

Additional Information

Front Exposure
S
Governing Body
Condo
Hoa
Yes
Hoa Amount
470
Pets Allowed
Not Allowed
Total Unitsin Bldg
8
Total Units in Complex
20
Unit Floor Number
2
Construction
CBS
Cooling
Ceiling Fan, Central
Equipment
Dishwasher, Disposal, Dryer, Microwave, Range - Electric, Refrigerator, Washer
Flooring
Marble
Furnished
Furniture Negotiable
Heating
Central
Restrict
Buyer Approval, Commercial Vehicles Prohibited, Lease OK w/Restrict, No Pets, No Truck/RV
Maintenance Fee Includes
Insurance-Bldg, Laundry Facilities, Lawn Care, Pool Service, Reserve Funds, Sewer, Trash Removal, Water
Parking
2+ Spaces, Guest, Open
Rooms
Laundry-Inside, Laundry-Util/Closet, Storage
Window Treatment
Impact Glass
Security
Gate - Unmanned
Special Information
Foreign Seller
Taxes
$4,433
View
Garden, Ocean
Unit Number
202
Total Floors
2
Amenities
Bike Storage, Common Laundry, Extra Storage, Picnic Area, Pool
Waterfront
Ocean Access
Stories
2
Total Unitsin Bldg
8
Maintenance Fee Includes
Insurance-Bldg, Laundry Facilities, Lawn Care, Pool Service, Reserve Funds, Sewer, Trash Removal, Water
Utility
Cable, Public Water, Septic
Price Per Acre
24569146.8
Price Per Sqft
$564

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker/Delray Beach.