5550 N Ocean Drive 22b Singer Island, FL $ 1,170,000
5550 N Ocean Drive 22b
$ 1,170,000
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5550 N Ocean Drive 22b

Singer Island, FL, 33404
$ 1,170,000
Bedrooms2 Baths2.0 Sq 1,435

Monthly Estimate*

$ 7,204

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Condo for sale in Singer Island, FL

for $1,170,000 with 2 bedrooms and 2 full baths. This 1,435 square foot condo was built in 1975.

RARE, BUILDING IS APPROVED FOR FHA LOANS!! 2024 GUTTED-CUSTOM REMODEL ''ALL'' NEW. NO BUILDING COSTS ALL-NEW UPGRADES 2025-2015. Yes Small Pets.''Sky Beach'' 22nd Fl of 23. Rare In-Condo Washer-Dryer. Furnished Move-In Ready. WOW Exclusive ''B'' line, panoramic 270 degree OCEANFRONT Sunrise+Sunset View 365 Days! Sound-of-Ocean! Corner units ''Privacy'', (4) per floor. 1435 sq ft under air+270 sq ft-60 ft long wrap around terrace=1705 total sq ft. Exclusive WOW underlighted Island Kitchen Counter. Exclusive Custom In-Condo Storage Closet, Exclusive Ensuite 2nd Bathroom/Bedroom. At WATER GLADES, ON SINGER ISLAND, ON-THE-SAND 1200 ft Beach! Steps to 1.6 mile pristine Mc Arthur Beach State Park. Monthly Home Owner Maintenance $1695, not increasing and includes Comcast Cable and Internet, And steps to Beach-Walking Heaven! Rare 12/24 Florida Condo Structure Integrity Milestone certificate. Florida Condo Buyers Loan 25% Minimum Downpayment Eliminated The financial landscape for Florida condominium buyers changed significantly this week as the Federal Housing Finance Agency (FHFA) officially eliminated the "Limited Review" process. Immediately removing the minimum 25% down payment rule. Led by Congressman Byron Donalds (R-FL) and Federal Housing Finance Agency (FHFA) Director Bill Pulte, effectively ends a 2008 policy that forced Floridians to pay a higher down payment than any other state. The lending process required Florida borrowers to provide a 25% down payment. This restriction was in stark contrast to the rest of the nation, where buyers could secure Conventional Financing with down payments of 3% to 5%. NEW TAX BENEFITS: 1) Nov 5 2024, Amendment 5: Annual inflation adjustment to the additional Homestead Exemption (the second $25,000 exemption that applies to assessed values between $50,000 and $75,000) The adjustment is tied to the Consumer Price Index (CPI) and will increase when the CPI increases. 2) Palm Beach County Property Tax not increasing 2025. 3) Federal Income Tax, July 1 2025 Big Beautiful Bill, State And Local Tax Deduction increased to $40,000 from $10,000. This property, Pproperty Tax as HomeStead Primary Residence is est. $10,500, As Second Home $14,500. CONDO-2024 GUTTED-CUSTOM REMODEL -EXCLUSIVE ITEMS: -EVERYTHING IS NEW, see below and photos. -EXCLSIVE "B" line, Exclusive, panoramic 270 degree OCEANFRONT SUNRISE + SUNSETS 365 Days! "B" line, no strong ocean wind November-March. Dazzling City Lights at night. Full Moon rises off ocean 3 nights per month. Tower 200 "A" model does not get Sunset, "C" model does not get Sunrise or Sunset in shade 365 days, "D" does not get Sunrise. "A", "C", "D" line get strong ocean wind November-March. -(1) Covered Parking, extra parking available. -1435 sq ft under air+270 sq ft-60 ft long wrap around terrace=1705 total sq ft. -Condo in Tower 200, Smalls Pets are allowed.Tower 100 and 300 pets not permitted. -EXCLSIVE ON-THE-SAND, Surrounding towns have to walk across street/cars traffic to beach. -Privacy-Corner Condo. (4) condos per floor-all corner units. -SPACIOUS 33 x 55 porcelain tile. -EXCLUSIVE Custom Kitchen Island Counter, Rare UNDERLIGHTED "SeaFoam Light Green-White Onyx". -EXCLUSIVE RARE CUSTOM IN-CONDO WASHER/DRYER, Samsung (vented). Washer-Dryer also on-Floor laundry room. -Remodel includes 2023 ALL NEW BUILDING WATR PIPES, see photo. -New Hurricane Impact Windows-Sliding Doors 12/2021 -EXCLUSIVE CUSTOM IN-CONDO STORAGE ROOM + Extra Hall Closet only "B" and "A" model have.. -EXCLUSIVE CUSTOM 2 ENSUITE BATHROOMS-all others have 1. -City Permit Approved: New Electric Wires, Breaker Panel, Lights, Outlets. Bath and Kitchen plumbing.. New AC unit, New Water Heater. -New Samsung Kitchen Fridge/Freezer, Induction Cook top, Oven, Convection+Microwave, Dishwasher. -Kitchen faucet GE water purification system. -Custom Frosted glass Pocket Doors, space efficiency. -Custom Spacious Master Bedroom Closet Built-In Shelfs-Shoes-Clothes. -Double Vanity Marble/Coastal Master Bath. -New Entrance Doors with Digital-Touch Lock. -(1) King Bed, (2) Queen Beds; Serta Classic Elite Pillowtop Mattresses (2/2024). WATER GLADES NO COSTS-BUILDING "ALL" NEW UPGRADES 2025-2015: Very financially stable community. Monthly Home Owner Maintenance $1,650, not increasing. Has Florida Condo Structure Integrity Milestone Certification 12/2024. Home Owner's Association Reserve Funds are Fully Funded. Roof Chiller/Boiler/Controller(6/2025),Roofs (3/2024), Exterior Concrete routine replacement/patching and painted (2023), New Elevators (5/2023), Hallways Remodel (2022), New Fire System (7/2021), New Sea Wall (2019), New Cable/Internet (2018), Lobby Remodel (2018), New $3M Ocean Club House (2015). WATER GLADES COMMUNITY DETAILS: -Exceptionally Managed. President Water Glade Owner's Association is Singer Island on City Council, former Town Manager Long Beach, NY, PHD Engineer. And other owner's with significant property, financial, and legal expertise. -On property Management Office/Staff, Maintenance Staff. -Located on Northern-most, Quiet, End of Singer Island. (5-10) minutes to SuperMarket, stores, restaurants, Gardens Mall. North County Government Center, Golfing. -(15) minutes to downtown West Palm Beach and Palm Beach Airport. -(3) Condo Towers on 11 Ocean Front acres, and Exclusive wide-bay of Lake Worth Lagoon on Port of Palm Beach/Inlet to Ocean. -Exclusively shares the south very little public used-property line with the 1.6 mile gold medal award-winning McArthur Beach State Park. Owners enjoy the extra Beach State Park Walking and Lounging Space. The park cannot be developed. -24 hour Guarded Gated, Security. -Secure access to buildings, beach, and amenities. -$2.5M 2015 Ocean-Front Beach Clubhouse. -(2) Pools -(6) grills -(4) Ocean Front Tennis/Pickel Ball Courts. -Shuffleboard. -Putting green. -Fitness center in each (3) Condo Buildings. -Drive-Thru Car Spray/Rinse. SINGER ISLAND DETAILS: -Singer Island is located in North Palm Beach County. On the Palm Beach Inlet/Port of Palm Beach. The next Island from Palm Beach Island. -2028 City New State of Art Water Plant/System. -New Singer Island Fire Station begins Fall 2025. -2022 All-New Concrete Power Poles and New Power Lines. -2019 New "Ocean Walk" Mall shops and restaurants. -SailFish Marina & Restaurant South end of Island. -2014 Singer Island Newest Upgraded Island Town in Florida. -Florida Power & Light 2014 New Natural Gas Power Plant 10 minutes Port of Palm Beach. -Florida Power & Light 2022 New State HQ 10 minutes.

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Condo Active

Price

$ 1,170,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 10,044

Style

Year Built

1975

Town/City

Singer Island

County/Region

Palm Beach

MLS | Web ID

R11115281

Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir Electric
Utilities CableAvailable SewerAvailable UndergroundUtilities WaterAvailable
Possession CloseOfEscrow
Appliances Cooktop Dryer Dishwasher ElectricRange ElectricWaterHeater IceMaker Microwave Oven Refrigerator WaterHeater Washer
HOA Fee 1695
Garage Spaces 2
Association Fee Includes CommonAreas CableTv Insurance MaintenanceGrounds PestControl Sewer Security Trash Water
Patio/Porch Features Covered WrapAround Balcony
Pool Features Association
Security Features FireAlarm FireSprinklerSystem GatedWithGuard GatedCommunity SmokeDetectors SecurityLights
Construction Materials Concrete
Pets Allowed BreedRestrictions SizeLimit Yes
Year Built 1975
Electric Phases3
View Intercoastal Ocean Pool TennisCourt
Unit Number 22b
Property Subtype Condominium
Tax Year 2025
Waterfront Features IntracoastalAccess OceanAccess OceanFront ShorelineSand Seawall
Community Features Gated PropertyManagerOnSite
Assoc Fee Paid Per Monthly
County Palm Beach
New Construction false
Property Type Residential
Association Amenities Clubhouse FitnessCenter Management Pool Parking SpaHotTub TennisCourts Elevators
Subdivision Name WATER GLADES CONDO
Facing Direction South
Garage Y/N true
Full Baths 2
Status Active
Directions I-95 to PGA Blvd east 3 miles to Singer Island south 1.5 miles on left
High School William T. Dwyer
City Singer Island
Senior Community Y/N false
MLS Area 5240
Elementary School Lincoln
Tax Annual Amount 10044.2
Middle/Junior High School John F. Kennedy (Palm Beach)
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/5550-N-Ocean-Drive-22B-Singer-Island-FL-33404/unbranded
Standard Status Active
Property Sub Type Additional Condominium
Legal Description WATER GLADES 200 COND UNIT 22-B TOWER 2
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Interior
Interior Amenities BreakfastBar BreakfastArea ClosetCabinetry EntranceFoyer EatInKitchen Elevator FamilyDiningRoom KitchenIsland MultiplePrimarySuites MultipleEnSuiteBathrooms Pantry SplitBedrooms WalkInClosets
Flooring Marble
Furnished Y/N Furnished
Total Stories 23
Air Conditioning Y/N true
Heating Y/N true
Window Features StormWindows
Half Baths 0
Laundry Features WasherHookup Inside LaundryCloset
Total Bedrooms 2
Entry Level 22
Main Level Bedrooms 2
Main Level Bathrooms 2
Total Baths 2
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Exterior
Exterior Amenities Balcony OutdoorLivingArea TennisCourts
Parking Features Covered Garage
Water Source Public
Lot Size Area 0
Building Area Total 1435
Lot Size Acres 0
Waterfront Y/N true
Covered Spaces 2
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* Excluded Features
List By
Robert A. Scarmazzo

Listing Agent

Affordability Calculator

$8,041
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,204
Monthly Property Taxes
$837
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4718900 Elementary School
0 Middle School
William T. Dwyer High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2026$1,170,000 Listed Price

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5550 N Ocean Drive 22b, Singer Island, FL, 33404 is a Condo for sale at $1,170,000 with 1,435 sqft. 5550 N Ocean Drive 22b has 2 bedrooms, 2.0 baths, and was built in 1975. The property's zip code is 33404 which is in Singer Island, FL