$1,210,000
5550 N Ocean Drive 22b
Singer Island, FL 33404
Explore the area: Singer Island homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $1,210,000
- Price per sq ft
- $843
- Vs. nearby sales
- 31.1% above
- Days on market
- 421
This 2-bedroom condo in Water Glades Condo is listed at $1,210,000, or $843 per square foot. It has been on the market for 421 days. The 6 most recent condo sales in the closings shown below sold at a median of $643 per square foot, so the asking price is 31.1% above what comparable homes here actually sold for.
Estimated monthly payment
$6,359 /mo
Principal and interest only, based on $242,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,695/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,210,000
- Days on Site
- 421 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,435 sqft
- Total Sq Ft
- 1,435 sqft
- Year Built
- 1975
- Property Type
- Condo
- MLS #
- R11115281
- Property Tax
- $10,044 (2025)
- HOA Fees
- $1,695 / Monthly
- Subdivision
- WATER GLADES CONDO
- County
- Palm Beach
- Status
- Active
About This Property
Nov 2026 FLA Property Tax Reduction Vote . 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! "B" model South Sun Side 365 Days! "C" and "A" model North Side little Sun 365 days - Shadey. Sound-of-Ocean! Corner unit ''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 Beach-Walking Heaven! 1.6 mile pristine Mc Arthur Beach State Par. Mthly HOA Maint of $1695, no increases, includes Comcast Cable + Internet. JUNE 3 2026 FLORIDA HISTORIC REDUCE-ELIMINATE OWNER-OCCUPIED PROPERTY TAX. Will reduce this condo annual Property Tax from appx $19,225 to $15,175, eventually to $5,500. Capped yearly this amount. Total amount reduced $4,050-21% decrease. Florida Governor DeSantis passed June 3 2026, for Nov 2026 ballot, if passed by 60% of voters. Florida lawmakers passed a major win for economic freedom. Amount of home's value exempt from property taxes would increase next two years. Residents who establish primary Florida residency on or before Dec. 31, 2026, would be eligible immediately. Those who buy-move move to Florida after that deadline, to wait (4) years before qualifying full $250,000 exemption. On Jan. 1, 2027, Homestead Exemption increase from existing $50,000 to $150,000. In 2028, increases to $250,000. Progressing to $500,000. The financial landscape for Florida condominium buyers changed significantly this week as the Federal Housing Finance Agency (FHFA) officially eliminated the "Limited Review" process. August 2026 Florida Condo Buyers Loan 25% Minimum Dowpayment Eliminated. 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 $1,695, no increases, includes Comcast Cable and Internet. . Rare 12/24 Florida Condo Structure Integrity Milestone Certificate. 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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1975
- Property Condition
- Resale
- Number of Stories
- 23
- Levels
- One
- Garage Spaces
- 2
- Parking
- Covered / Garage
- Direction Faces
- South
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,435
- Total Sq Ft
- 1,435
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RM-20(
Interior Features
- Appliances
- Cooktop / Dryer / Dishwasher / Electric Range / Electric Water Heater / Ice Maker / Microwave / Oven / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Electric
- Heating
- Central
- Flooring
- Marble
- Interior Features
- Breakfast Bar / Breakfast Area / Closet Cabinetry / Entrance Foyer / Eat In Kitchen / Elevator / Family Dining Room / Kitchen Island / Multiple Primary Suites / Multiple En Suite Bathrooms / Pantry / Split Bedrooms / Walk In Closets
- Laundry
- Washer Hookup / Inside / Laundry Closet
- Windows
- Storm Windows
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Furnished
- Furnished
Exterior Features
- Construction
- Concrete
- Exterior Features
- Balcony / Outdoor Living Area / Tennis Courts
- Pool Features
- Association
- Patio & Porch
- Covered / Wrap Around / Balcony
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access / Ocean Access / Ocean Front / Shoreline Sand / Seawall
- View
- Intercoastal / Ocean / Pool / Tennis Court
Community & HOA
- HOA Fee
- $1,695 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Maintenance Grounds / Pest Control / Sewer / Security / Trash / Water
- Association Amenities
- Clubhouse / Fitness Center / Management / Pool / Parking / Spa Hot Tub / Tennis Courts / Elevators
- Community Features
- Gated / Property Manager On Site
- Security
- Fire Alarm / Fire Sprinkler System / Gated With Guard / Gated Community / Smoke Detectors / Security Lights
- Utilities
- Cable Available / Sewer Available / Underground Utilities / Water Available
- Pets Allowed
- Breed Restrictions / Cats Ok / Dogs Ok / Size Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 5240
This home's HOA fee works out to $1,695 a month, 7% below the $1,815 median across 18 homes for sale in Water Glades Condo. See Water Glades Condo HOA fees
Schools
- Elementary School
- Lincoln
- Middle School
- John F. Kennedy (Palm Beach)
- High School
- William T. Dwyer
About the Community
- Homes for Sale
- 18
- Under Contract
- 0
- Median List Price
- $1,099,500
- Median $/Sq Ft
- $766
- Avg Days on Market
- 179
Frequently Asked Questions
- How do I schedule a tour of 5550 N Ocean Drive 22b, Singer Island, FL 33404?
- Use the Tour button on this listing to request a showing of 5550 N Ocean Drive 22b, Singer Island, FL 33404. 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 5550 N Ocean Drive 22b, Singer Island, FL 33404 still available?
- 5550 N Ocean Drive 22b, Singer Island, FL 33404 is currently listed as Active, and has been on the market 421 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 5550 N Ocean Drive 22b, Singer Island, FL 33404?
- With 20% down ($242,000) on the $1,210,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5550 N Ocean Drive 22b, Singer Island, FL 33404 is about $6,359/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 5550 N Ocean Drive 22b, Singer Island, FL 33404?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5550 N Ocean Drive 22b, Singer Island, FL 33404. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5550 N Ocean Drive 22b, Singer Island, FL 33404 have an HOA fee?
- Yes: 5550 N Ocean Drive 22b, Singer Island, FL 33404 carries an HOA fee of about $1,695 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5550 N Ocean Drive 22b, Singer Island, FL 33404?
- 5550 N Ocean Drive 22b, Singer Island, FL 33404 is zoned for Lincoln (elementary), John F. Kennedy (Palm Beach) (middle), William T. Dwyer (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 5550 N Ocean Drive 22b, Singer Island, FL 33404?
- Often, yes. The right offer on 5550 N Ocean Drive 22b, Singer Island, FL 33404 depends on how it's priced against comparable condo sales in Singer Island, 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 RE/MAX Ocean Properties
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 June 23, 2026.
$1,210,000
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Listed by Robert A. Scarmazzo, RE/MAX Ocean Properties
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Recent Sales
Recently sold homes in Water Glades Condo
These are the last 6 recorded closings in Water Glades Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $697 per square foot. The most recent closed on June 30, 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$845,000
Sold · June 30, 2026
5510 N Ocean Drive 19c
2 bed · 2 bath · 1,435 sqft · $589/sqft
$54,000 under the asking price
Sold$849,000
Sold · May 8, 2026
5540 N Ocean Drive 15-B
2 bed · 2 bath · 1,580 sqft · $537/sqft
Sold$1,000,000
Sold · April 28, 2026
5510 N Ocean Drive 23c
2 bed · 2 bath · 1,435 sqft · $697/sqft
$150,000 under the asking price
Sold$1,100,000
Sold · April 1, 2026
5510 N Ocean Drive 26c
2 bed · 2 bath · 1,435 sqft · $767/sqft
$100,000 under the asking price
Sold$725,000
Sold · March 23, 2026
5550 N Ocean Drive 22 A
2 bed · 2 bath · 1,435 sqft · $505/sqft
$50,000 under the asking price
Sold$1,360,000
Sold · March 17, 2026
5510 N Ocean Drive 4a
2 bed · 2 bath · 1,455 sqft · $935/sqft
$90,000 under the asking price
See every recorded sale in Water Glades Condo or find out what your Water Glades Condo home is worth.
