5380 N Ocean Drive, #24j, Singer Island, FL, 33404 | $1,799,000

Panoramic ocean and intracoastal views surround this 24th-floor corner residence, offering eastern, northern & western exposures and fabulous sunrise-to-sunset views. Ideally positioned just below the penthouse, this premium tower location provides both privacy and sweeping water and island scenery. Located on the quiet north end of Singer Island, with convenient access to PGA Blvd for world-class shopping, dining, and entertainment, this spacious condominium features a sprawling floor plan with 3 bedrooms and 3. 5 bathrooms. The residence was thoughtfully updated in 2023 with a brand-new kitchen redesigned to create an open-concept living space ideal for entertaining. Highlights include custom white cabinetry, quartz countertops, two refrigerators & oversized island. >> Floor-to-ceiling hurricane impact glass windows highlight the stunning water views from every window. Additional features include a double-door front entry, a full laundry room in the unit, and a large private storage closet conveniently located in the hallway just outside the front door. Italian marble flooring flows throughout the main living areas and primary suite, while the guest bedrooms feature beautiful wood flooring in a coastal color palette. An expansive 740 sqft of wraparound balconies for outdoor living, protected by accordion storm shutters. Brand new A/C has just been installed. Water heater is 2022. Featuring only 3 units per floor, this luxury oceanfront tower has undergone extensive renovations both inside and out, including a new seawall and a raised lower sun deck with beach sand and lounge chairs overlooking the ocean. Residents also enjoy a fabulous tropically landscaped pool area with open and shaded seating, spa, 24/7 manned security gate, updated lobby with front desk attendant, fitness center, community room with library, game room and on-site property manager. All special assessments have been paid by the seller. Offered fully furnished turnkey or unfurnished, the choice is yours. Watch dolphins, manatees, sea turtles and more from your balcony. Welcome home!

Features

  • Parking: Guest, Garage, Attached Garage
  • Heating: Central
  • Cooling: Central Air
  • Levels: 25
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Game Room, Management, Pool, Spa/Hot Tub, Storage, Tennis Court(s), Manager On Site, Library
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: In Unit
  • Complex: Eastpointe II
  • Year Built: 1981
  • Common Charge: $9,000 Quarterly
  • Approx Sq. Feet: 2,741
  • Est. Taxes: $18,249
  • View: Water, Intracoastal, Ocean
  • Water Front: Yes
  • Elem. School: Lincoln
  • Middle School: John F. Kennedy (Palm Beach)
  • High School: William T. Dwyer
  • Pet Policy: No
  • Appliances: Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater, Washer
  • MLS#: B26002655
  • Website: https://www.raveis.com
    /prop/B26002655/5380noceandrive_singerisland_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5380 N Ocean Drive, #24j, Singer Island, FL, 33404

$1,799,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,439,200 $1,439,200 $1,439,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.350% 6.259% 6.183%
Monthly Tax Payment $1,521 $1,521 $1,521
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,629 $8,745 $12,145
Total Monthly Payment $10,275 $10,391 $13,791

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.