$248,750
5505 N OCEAN Boulevard 11-208
Ocean Ridge, FL 33435
Explore the area: Ocean Ridge homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $248,750
- Price per sq ft
- $399
- Original price
- Unchanged
- Days on market
- 61
This 1-bedroom condo in Colonial Ridge Corp is listed at $248,750, or $399 per square foot. It has been on the market for 61 days.
Estimated monthly payment
$1,307 /mo
Principal and interest only, based on $49,750 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,248/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $248,750
- Days on Site
- 61 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 624 sqft
- Total Sq Ft
- 684 sqft
- Year Built
- 1969
- Property Type
- Condo
- MLS #
- B26053155
- Property Tax
- $896 (2025)
- HOA Fees
- $1,248 / Monthly
- Subdivision
- COLONIAL RIDGE CORP
- Development
- LANDCASTER
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard / Listed As Is
About This Property
This property is all about the forever ocean views, safety/security and conveniences! Enjoy a telescoping series of ocean vistas from your living room or the beach! Discover this super-efficient 1-bed/1-bath updated residence in the exclusive coastal enclave of Ocean Ridge, offering 624 square feet of nicely appointed living space plus 70 sq. ft. of fully weathertight porch area easily added/incorporated to your living space if desired. Property includes impact windows, new 2026 roof, electrical, freshly painted and decor. As part of the Colonial Ridge Club association, this stock cooperative presents the most streamlined living option for owners seeking a compact, manageable home, vacation property or rental (after 1 year occ). The efficient second story layout maximizes floor space by providing distinct areas for living, privacy and/or entertaining. The Town of Ocean Ridge is one of the wealthiest per-capita in Florida with its own Police Dept., almost NO CRIME and a mere 1,250 residents (of which only 250 are year-around). Colonial Ridge Club itself is gated with a pool, cozy clubhouse, and is an exceptionally well-administered and meticulously cared-for community without the stuffiness, intrusions and heavy internal conflicts so characteristic of similar associations. Not only is this property literally steps to one of the finest beaches, surfing-diving spots and spectacular coral beds on the Florida coast, it is walking distance or minutes drive to all shopping, banking and medical facilities; even better, this incredible unique residential enclave is the closest oceanfront property to I-95 anywhere up or down the Eastern seaboard! With only four brief lights from beach to highway! Imagine how much time that one simple convenience will regularly save in your life just hopping on the interstate in minutes compared to every other beach place on the market! The exclusive Colonial Ridge Club Gazebo along with its private 300 foot shoreline boardwalk is a distinctive regional landmark, and clearly one of the most symbolic and visionary amenities included in this "Little Slice of Paradise!" The word is out! Tell your friends, family members and keen investors to experience the unique beauty, incredible value and exclusive lifestyle for themselves!
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1969
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Multi Split / One
- Parking
- Assigned / Guest
- Direction Faces
- East
- Lot Size (Acres)
- 0
- Living Sq Ft
- 624
- Total Sq Ft
- 684
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RMM (city)
Interior Features
- Appliances
- Electric Range / Disposal / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Laminate
- Interior Features
- Living Dining Room / Tub Shower / Walk In Closets
- Laundry
- Common Area / Washer Dryer Install Allowed
- Windows
- Blinds / Double Hung / Metal
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Concrete
- Exterior Features
- Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Terrace
- Waterfront Features
- Beach Access / Deeded Access
- View
- Ocean / Water
Community & HOA
- HOA Fee
- $1,248 / Monthly
- HOA Name
- Lancaster
- HOA Includes
- Common Areas / Cable Tv / Insurance / Maintenance Grounds / Recreation Facilities / Sewer / Trash / Water
- Association Amenities
- Bike Storage / Clubhouse / Pool / Shuffleboard Court
- Community Features
- Gated
- Security
- Gated Community
- Utilities
- Water Available
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / No Lease1st Year Owned / No Rv
- MLS Area
- 4120
This home's HOA fee works out to $1,248 a month, 7% below the $1,347 median across 6 homes for sale in Colonial Ridge Corp. See Colonial Ridge Corp HOA fees
Schools
- Elementary School
- Forest Park
- Middle School
- Congress
- High School
- Boynton Beach
About the Community
Colonial Ridge Corp is an age-restricted 55+ community in Ocean Ridge, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $179,000 to $349,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Colonial Ridge and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 6
- Median List Price
- $289,450
- Median $/Sq Ft
- $343
- Avg Days on Market
- 91
Frequently Asked Questions
- How do I schedule a tour of 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435?
- Use the Tour button on this listing to request a showing of 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435 still available?
- 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435 is currently listed as Active, and has been on the market 61 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435?
- With 20% down ($49,750) on the $248,750 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435 is about $1,307/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435 have an HOA fee?
- Yes: 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435 carries an HOA fee of about $1,248 monthly (Lancaster). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435?
- 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435 is zoned for Forest Park (elementary), Congress (middle), Boynton Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435?
- Often, yes. The right offer on 5505 N OCEAN Boulevard 11-208, Ocean Ridge, FL 33435 depends on how it's priced against comparable condo sales in Ocean Ridge, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Southdale Properties Inc.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 19, 2026.
$248,750
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Listed by Donald Brown, Southdale Properties Inc.
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Recent Sales
Recently sold homes in Colonial Ridge Corp
These are the last 6 recorded closings in Colonial Ridge Corp, with the price each home actually sold for rather than what it was listed at. They closed at a median of $310 per square foot. The most recent closed on September 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$152,500
Sold · September 1, 2026
5505 N Ocean Boulevard 8-110
2 bed · 1.5 bath · 1,015 sqft · $150/sqft
$62,500 under the asking price
Sold$750,000
Sold · August 21, 2026
5505 N Ocean Boulevard 15-204
3 bed · 3 bath · 2,220 sqft · $338/sqft
$145,000 under the asking price
Sold$240,000
Sold · May 26, 2026
5505 N Ocean Boulevard 4-105
2 bed · 2 bath · 775 sqft · $310/sqft
$35,000 under the asking price
Sold$225,000
Sold · May 20, 2026
5505 N Ocean Blvd 8-202
2 bed · 1.5 bath · 1,015 sqft · $222/sqft
$10,000 under the asking price
Sold$178,000
Sold · April 17, 2026
5505 N Ocean Boulevard 2-103
1 bed · 1 bath · 558 sqft · $319/sqft
$11,900 under the asking price
Sold$185,000
Sold · March 25, 2026
5505 N. Ocean Boulevard 13-105
1 bed · 1 bath · 696 sqft · $266/sqft
$4,999 under the asking price
See every recorded sale in Colonial Ridge Corp or find out what your Colonial Ridge Corp home is worth.
