Back 7-B/5550 North Ocean Drive
Off Market

7-B/5550 North Ocean Drive

Riviera Beach FL 33404

2
2
1
1776 sq. ft.
Condo
Last sold for $1,150,000
Linda GoreLinda Gore, last sold this property on 15 April 2022 after 25 days on market.

Overview

This 7th Floor condo offers views of both the Ocean and the Intracoastal Waterways with a wrap around balcony. There are only 4 units to the floor. This has just been updated with all new copper plumbing in the new bathrooms & kitchen, painted, all new closets, new impact windows & sliding doors. It is being offered with limited furnishings & covered parking space #85. The building's lobby has been updated along with new elevators and gym on 1st floor. The building amenities include private seawall protected beach frontage, 2 heated pools, 4 tennis courts, scuffle board, putting green, BBQ area and recreation deck with an owners lounge featuring an ocean view. Since this is the last condos on the north end, 1200' of sandy beach to enjoy. Plenty of privacy and calmness for you to relax.

Features

2 bedrooms
2 bathrooms
1 carspace
1 carport space
1776 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Riviera Beach over the last 12 months, the estimated median property value of 7-B/5550 North Ocean Drive is $650.5k.

Median value
$650.5k
Estimated value range
$5k - $3.1m
Median days on market
88
Estimated value trend
-38%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Riviera Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7-B/5550 North Ocean Drive

2022
Sold
$1,150,000
15 Apr 2022 by Linda Gore, of Berkshire Hathaway Home Service
2021
Sold
$715,000
28 Jun 2021 by Margaret Deeters, of Trio Properties Inc.
2012
Sold
$260,000
03 Jan 2012 by Janella Dinzler, of ILLUSTRATED PROPERTIES LLC (WE

Happy sellers in Riviera Beach

57%
57% of sellers in Riviera Beach reported that their sale price either exceeded or met their price expectations.

Riviera Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in Riviera Beach over the last 12 months.

Local market activity for 2 bedroom condos in Riviera Beach

In the last 12 months, 134 two-bedroom condos similar to 7-B/5550 North Ocean Drive, have been sold.

This represents a 37% increase in two-bedroom condos sales when compared to the previous 12 months.

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