55+ Community · Ocean Ridge, FL
Colonial Ridge Ocean Ridge, FL Homes For Sale & Real Estate
Colonial Ridge, Ocean Ridge, FL, is a 55+ community in Palm Beach County with 6 homes for sale right now. 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).
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Colonial Ridge Market at a Glance
Live MLS · Updated Oct 14, 2026
- Active Inventory
- 6
- New Listings (30d)
- 5
- Pending Sales
- 1
- Median List Price
- $319,000
- Closed Sales (September)
- 1
- Avg Days on Market
- 87
Residential MLS data for Colonial Ridge, updated nightly. View full market reports →
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Market Overview
Colonial Ridge real estate market
There are 6 active listings for sale in Colonial Ridge right now. The median list price is $319,000, or about $364 per square foot. Listings span $225,000 to $349,000, so there is inventory across most budgets. Homes are averaging 87 days on market. These figures update from the MLS as the market moves.
Colonial Ridge Market Stats
MLS data updated October 14, 2026- Active Listings
- 6
- Median List Price
- $319,000
- Median $/Sq Ft
- $364
- Avg Days on Market
- 87
- Price Range
- $225,000 to $349,000
Frequently Asked Questions
- How many homes are for sale in Colonial Ridge?
- There are 6 active listings for sale in Colonial Ridge right now, and these counts update from the MLS as homes come on the market and go under contract. Prices sit in a narrow band here, so homes in Colonial Ridge tend to compete directly with each other. Ask us to set up a search alert and you will see new Colonial Ridge listings the day they reach the market.
- What is the median home price in Colonial Ridge?
- The median list price in Colonial Ridge is $319,000, or roughly $364 per square foot. The median is the midpoint of what is currently listed, so about half of Colonial Ridge homes ask more and half ask less, within a broader range of $225,000 to $349,000. The median sits high in that range, so most Colonial Ridge homes are nearer the top and the cheapest listings are the exception. We can pull recent comparable sales to price a specific home more precisely.
- What price range do homes in Colonial Ridge cover?
- Homes for sale in Colonial Ridge currently range from about $225,000 at the entry level to $349,000 at the top of the market. That spread reflects unit size, floor, and finish level across the condos and townhomes here, with the median list price around $319,000. The spread is tight, which usually points to a consistent housing stock rather than a mix of sizes and eras. Tell us your budget and must-haves and we will send the Colonial Ridge listings that actually fit.
- How long do homes take to sell in Colonial Ridge?
- Homes in Colonial Ridge are averaging 87 days on market, measured from the day a listing goes live to the day it goes under contract. That is a measured pace, which usually leaves buyers room to negotiate and makes pricing at the outset matter more for sellers. Days on market in Colonial Ridge also shift with the season and with how a home is priced, so a sharply priced listing can still sell well ahead of the average.
- Is Colonial Ridge a 55+ community?
- Yes. Colonial Ridge is an age-restricted, 55-and-over active adult community, which generally means at least one resident per home must be 55 or older and the community is built around an active adult lifestyle. These communities usually pair lower-maintenance homes with amenities such as a clubhouse, pool, fitness center, and a full social calendar. Rules on age, occupancy, leasing, and pets are set by the HOA and vary, so confirm the current governing documents for Colonial Ridge before you write an offer.
- Is Colonial Ridge a gated community?
- Yes. Colonial Ridge is a gated community with controlled access at the entrance.
- Are there waterfront homes in Colonial Ridge?
- Yes. Colonial Ridge includes waterfront homes with canal, lake, or Intracoastal frontage.
About Colonial Ridge
Colonial Ridge, Ocean Ridge, FL, is a 55+ community in Palm Beach County with 6 homes for sale right now. 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 & Architecture
Homes for sale in Colonial Ridge
Homes for sale in Colonial Ridge offer 1 to 2 bedrooms and 1 to 2 baths. Living areas run from about 605 to 988 square feet. The mix here includes condo homes. Current prices run from $225,000 to $349,000.
Schools
Schools near Colonial Ridge
Homes for sale in Colonial Ridge are typically zoned for the Ocean Ridge public schools below, based on current MLS listings. Confirm the exact attendance zone for any specific address with the Palm Beach school district before you buy.
- Elementary School
- Forest Park
- Middle School
- Congress
- High School
- Boynton Beach
Map
Where Colonial Ridge is in Ocean Ridge
Centred on the homes listed and recently sold in Colonial Ridge.
HOA
Colonial Ridge HOA fees
- Median HOA fee
- $1,347/mo
- Typical range
- $1,133 to $1,456
- Lowest to highest
- $789 to $1,478
- Listings with a fee
- 6 of 6
Across the 6 homes for sale in Colonial Ridge that list an HOA fee, the median is $1,347 a month. Half of them fall between $1,133 and $1,456. Fees quoted quarterly or yearly are converted to a monthly figure so they compare directly.
The fee most often covers common areas, building insurance, grounds maintenance, trash pickup, water and pest control. Coverage differs from one building or section to the next, so read what a specific listing includes before comparing it with another.
Listings here most often mention clubhouse, beach rights, pool, shuffleboard court, bocce court and laundry facilities.
1 of the 6 listings that state a pet policy allow pets, often with limits.
From current MLS listings in Colonial Ridge; the figures change as homes come and go. Confirm the fee, any special assessments and the association's rules with the HOA before you buy.
Recent Sales
Recently sold homes in Colonial Ridge
These are the last 9 recorded closings in Colonial Ridge, 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
| Address | Closed | Sold for | Beds / baths | Sq ft | $/sq ft |
|---|---|---|---|---|---|
| 5505 N Ocean Boulevard 12-203 | March 19, 2026 | $325,000 | 2 / 2 | 928 | $350 |
| 5505 N Ocean Boulevard 2-201 | March 12, 2026 | $165,025 | 2 / 1 | 775 | $213 |
| 5505 N Ocean Blvd 6-105 | March 6, 2026 | $315,000 | 2 / 2 | 988 | $319 |
See every recorded sale in Colonial Ridge or find out what your Colonial Ridge home is worth.
Market & Value
Colonial Ridge market and home values
Values in Colonial Ridge track the community's own sales more closely than any broad regional number. The median list price in Colonial Ridge is around $319,000, or roughly $364 per square foot. That sits about 34% below the Palm Beach County median, which shows where Colonial Ridge lands in the local market. Recent asking prices have run from $225,000 to $349,000, so the home you choose within Colonial Ridge matters as much as the community average. Homes here have recently taken about 87 days to go under contract, a useful gauge of how quickly the Colonial Ridge market is moving. For pricing an offer or a listing, comparable sales within Colonial Ridge carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity can pull the active and recently sold homes in Colonial Ridge so you work from real numbers, not an estimate.
How It Compares
Colonial Ridge compared to nearby Ocean Ridge communities
Colonial Ridge carries the lowest median of the 7 Ocean Ridge communities compared here. Price per square foot is the fairer comparison between communities, because it adjusts for the fact that one neighborhood builds bigger homes than another. Days on market shows how quickly each one is actually selling.
| Community | Homes | Median | $/Sq Ft | Days |
|---|---|---|---|---|
| Boynton Sub | 3 | $36,475,000 | $7,740 | 173 |
| Boynton Beach Park | 6 | $6,995,000 | $1,045 | 89 |
| Portofino Of Ocean Ridge | 2 | $3,095,000 | $1,034 | 27 |
| Palm Beach Shore Acres | 4 | $1,395,000 | $813 | 123 |
| Wellington Arms | 2 | $586,000 | $601 | 14 |
| Paget House | 2 | $361,775 | $473 | 139 |
| Colonial Ridge this page | 6 | $319,000 | $364 | 87 |
Medians come from active listings in each community and move as inventory turns over. They describe the homes currently for sale, not what any one home is worth.
Who It Suits
Is Colonial Ridge right for you?
A quick read on who fits Colonial Ridge saves time before you visit. As an age-restricted community, Colonial Ridge fits active adults, downsizers, and seasonal residents who want a lock-and-leave home and a full social calendar. At least one resident usually needs to meet the age requirement, so confirm the specific age rule and any younger-spouse provision before you buy. On price, Colonial Ridge sits toward the more attainable end of the market, which draws first-time buyers, downsizers, and investors. Whether Colonial Ridge is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
Living in Colonial Ridge
The community is gated, with controlled access at the entrance. Waterfront homes here offer canal, lake, or Intracoastal frontage, and some sites include private dockage. As an age-restricted community, Colonial Ridge centers on an active adult lifestyle, with amenities and a social calendar built for residents 55 and over.
Location
Colonial Ridge location
Colonial Ridge is located in Ocean Ridge, part of Palm Beach County, Florida. Residents are close to the shopping, dining, schools, and parks of the Ocean Ridge area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Colonial Ridge
Buying a home in Colonial Ridge
Buying in Colonial Ridge follows the same path as the rest of Palm Beach County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Ask for the association's governing documents, budget, and reserve study before you write an offer. Association fees, any club or membership costs, and rules on rentals, pets, and leasing vary by community and materially affect the true cost of ownership. Property taxes factor into the monthly payment: the median annual property tax in Palm Beach County is about $3,600. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Ocean Ridge means you see new listings in Colonial Ridge the day they reach the market.
Selling in Colonial Ridge
Selling a home in Colonial Ridge
A successful sale in Colonial Ridge comes down to pricing, presentation, and marketing. List prices in Colonial Ridge currently center around $319,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Buyers in an association community also want to see the HOA or condo docs, the reserve study, and any pending or special assessments up front, so having those ready before you list avoids delays once you are under contract. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Colonial Ridge owners in Ocean Ridge, so you can see what your property could sell for before you commit to listing.
Thinking of Selling?
What is your Colonial Ridge home worth?
Online estimates miss what makes a home different. Tell us about yours and a licensed listing agent will send you a pricing opinion based on what has actually closed near you in Colonial Ridge.
Listing agents and seller representation in Colonial Ridge
Thinking about selling in Colonial Ridge? The agent you pick shapes two numbers: what your home closes for, and how long it takes. A listing agent, also called a seller's agent, prices the property against what has actually closed nearby. They also prepare and market it, screen the offers that arrive, and negotiate the terms rather than just the price.
Conditions in Colonial Ridge sit close to balanced, which rewards sellers who price against real closed sales instead of neighboring asking prices. Homes here are averaging about 87 days from listing to accepted offer, so build that into your moving timeline.
Community-level detail matters most here. Association rules, what the fees cover, and which buildings sell fastest all affect your outcome. So does whether a buyer needs board approval before closing. None of it appears in a listing description. All of it decides whether a sale closes on time.
Pure Equity is a licensed Florida brokerage serving Colonial Ridge. Onias Derilus is the broker of record, Florida Real Estate Broker license BK3276618. A broker holds a higher license than an agent working under one. In practice that means the person advising you on price is also the one legally responsible for the file. That matters most when a deal gets complicated.
More on this: selling a home in Ocean Ridge · what a listing marketing plan should include · selling a house with title problems
Realtors and real estate agents serving Colonial Ridge
People search for realtors, real estate agents, and real estate brokers more or less interchangeably. For most purposes the job title matters less than licensing and representation. Every licensed agent in Florida works under a broker. That broker carries final responsibility for the transaction.
What separates real estate professionals in Colonial Ridge is specificity. Can they answer questions about your street, not just your city? Ask what they have closed nearby and how they arrived at a price. A grounded answer cites particular recent sales. It also explains why those homes compare to yours. Vague reassurance is the warning sign.
More on this: how South Florida condos are valued · how an HOA affects your home value · what it costs to sell a house here
Buyer's agents in Colonial Ridge
A buyer's agent represents the purchaser rather than the owner. They identify properties that actually fit and research what comparable homes sold for, not what they asked. They also advise on offer strategy. Finally, they manage inspection and financing deadlines through to closing.
Where buyers have room to negotiate, as they do in Colonial Ridge, the leverage is only worth something if you know where it exists and what to ask for. If you are buying and selling at the same time, which is common for people moving within Palm Beach County, sequencing the two is its own skill: contingencies, timing, and what happens if one closing slips all need planning before either home goes on the market.
What representation costs
Real estate commissions are negotiable. No law, multiple listing service, or association sets them. If an agent tells you there is a standard rate, they are misinforming you. What you pay is agreed between you and the brokerage you hire. Get it in writing before the work begins.
Industry rules changed in 2024. Now a buyer and their agent must put compensation in a written buyer agreement before touring homes together. Sellers may still offer to contribute toward the buyer's side. However, that is negotiated rather than assumed. It is worth thinking through with your listing agent before you go live.
More on this: how commission is actually structured · what you actually walk away with · seller concessions, and when to offer them
Buying Instead?
Search Colonial Ridge with someone local
We will tell you which listings are worth your time, what comparable homes actually closed for, and how to structure an offer that holds up through inspection and financing.
Frequently asked questions
How do I find a listing agent in Colonial Ridge?
Ask any listing agent you interview two questions. Which homes have they closed near Colonial Ridge, and how did they arrive at their suggested price? A grounded answer names recent closed sales. It also explains why those homes compare to yours. With a median around $319,000 here, the gap between realistic pricing guidance and optimistic guidance is real money. Verify the license too. Florida licenses are public and searchable through the state's DBPR portal. Pure Equity is a licensed brokerage serving Palm Beach County. You can reach the broker directly at (561) 835-5400.
What does a seller's agent actually do?
A seller's agent prices the home against comparable closed sales. Before it goes live, they advise on repairs and presentation. Then they handle photography and marketing, and put the home in front of buyers and other agents. When offers arrive, they screen them and negotiate both price and terms. Terms matter as much as the number, because inspection windows, financing contingencies, and closing dates all affect whether an offer reaches the closing table.
How much does a real estate agent cost in Colonial Ridge?
Commissions are fully negotiable. No law or real estate board sets them. What you pay is whatever you and your brokerage agree to in writing before work begins. Since the 2024 rule changes, buyers and their agents must agree compensation in a written buyer agreement before touring homes. Any seller contribution toward the buyer's side is negotiated rather than automatic. Ask any agent you interview to put their fee in writing.
What is the difference between a realtor, a real estate agent, and a broker?
A real estate agent holds a state license to represent buyers and sellers. A broker holds a higher-level license and can operate a brokerage. That broker also carries final legal responsibility for the office's transactions. Realtor is a membership term for agents belonging to the National Association of Realtors. For someone buying or selling in Colonial Ridge, three practical questions matter. Is the person licensed, who do they represent in your transaction, and what can they actually tell you about your local market?
Do I need an agent to buy a home in Colonial Ridge?
You are not legally required to use one, but most buyers in Colonial Ridge do. A buyer's agent handles the parts that are easy to get wrong. That means identifying what comparable homes actually closed for, spotting condition or association issues early, and managing inspection and financing deadlines. Even in a slower market, negotiating room is only useful if you know where it exists.
Can one agent help me sell my current home and buy the next one?
Yes. For people moving within Palm Beach County it is often the more practical route, because one person coordinates both timelines. Sequencing is the hard part. Should your purchase be contingent on your sale? How would you cover a gap if the closings do not line up? What happens if one side is delayed? Plan all of that before either home is listed, rather than after an offer arrives.
Public Records
Look up Colonial Ridge property records
Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.
Palm Beach County Property Appraiser
Assessed value, homestead exemption status, and recorded sales history for any parcel.
FEMA Flood Map Service Center
Look up the official flood zone for an address before you budget for insurance.
Florida Department of Revenue, property taxes
How Florida assesses property, and which exemptions you can claim.
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