15 days on rocket

5500 Old Ocean Blvd Unit 103, Ocean Ridge, FL, 33435

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
2 Full Baths
1,062 SqFt
$470/SqFt
Condo
Schools Nearby

Location

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5500 Old Ocean Blvd Unit 103, Ocean Ridge$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOpen
Garage2 spaces
Year Built1973
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontOcean Access, Ocean Front
ViewGarden
MLS #RX-10978950
StatusActive

About 5500 Old Ocean Blvd Unit 103

This 2/ bed 2/ bath condo is located on Old Ocean Blvd in Ocean Ridge just steps away from the warm surf of the Atlantic Ocean. Old Ocean Blvd is one of the most scenic pedestrian streets in FL with very little traffic. This condo is charming, and the interior will need updating. Ocean Manor has an undeniable character of a South Fl Seaside resort. Ocean Manor owns 200 feet of prime Oceanfront with a private beachfront deck where you can spend your morning enjoying coffee and watching the sunrise. Sellers disclose that there is uneven flooring in the primary bedroom and bathroom as well as surrounding areas caused by foundation settling. This existed when seller purchased this property in 1985

Property Details

Property Features

Property Information:

  • Architectural Style: Courtyard, Traditional
  • Year Built: 1973
  • Stories: 2
  • Living Area: 1,062 SqFt

Listing Office:

  • Office Name: Compass Florida LLC (PB)
  • Office Phone: (305) 851-2820
  • Listing Agent: Susan D Curt

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Flooring Type: Carpet, Ceramic Tile, Linoleum
  • Interior: Walk-in Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Ocean Access, Ocean Front
  • View: Garden
  • Exterior: Covered Patio, Shutters

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Open

Virtual/3D Tour

  • Virtual Tour: 5500 Old Ocean Blvd Unit 103

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Boynton Beach Community High School, Public Magnet Grades PK-12
  • Odyssey Middle School, Public District Grades 6-8
  • Forest Park Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Woolbright east to A1A, Continue south to 5500 Old Ocean Blvd call for gate code.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $470/SqFt

HOA Fees:

  • Amount: $640
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Ocean Ridge, FL.

Med. Sold Price

$1.6M

Med. Price/SqFt

$763

Avg. Days On Market

59

# of Sold Homes

6

5500 Old Ocean Blvd Unit 103 vs Ocean Ridge

15 DAYS ON ROCKET

-44 Days

$499,000

-$1.1M Less

$470/SqFt

-$294 Less

KEY TAKEAWAY

This property is $1.1M less than the Median Sold Price and $294/SqFt less than other homes in Ocean Ridge, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10978950

Listing Office:

  • Office Name: Compass Florida LLC (PB)
  • Office Phone: (305) 851-2820
  • Listing Agent: Susan D Curt

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:15:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,198

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4724156
5
/10
  • Forest Park Elementary School

  • 1201 SW 3rd St

  • 1.27 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4724157
5
/10
  • Odyssey Middle School

  • 6161 W Woolbright Rd

  • 5.63 miles

  • Public District Grades 6-8

High School

school-card-donut-4724158
2
/10
  • Boynton Beach Community High School

  • 4975 Park Ridge Blvd

  • 3.12 miles

  • Public Magnet Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,570. The majority of Ocean Ridge, FL residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5500 Old Ocean Blvd Unit 103

What is the listing price of this property?

The listing price of 5500 Old Ocean Blvd Unit 103 property is $499,000.

What type of property is this?

The property 5500 Old Ocean Blvd Unit 103 is a condo located in Ocean Ridge, Florida, 33435.

Is this property for sale now?

Active Listing: 5500 Old Ocean Blvd Unit 103 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5500 Old Ocean Blvd Unit 103 are:
Forest Park Elementary School: GreatSchools Rating 5/10
Odyssey Middle School: GreatSchools Rating 5/10
Boynton Beach Community High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 5500 Old Ocean Blvd Unit 103 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5500 Old Ocean Blvd Unit 103 is 1,062 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5500 Old Ocean Blvd Unit 103 is 1973.

Rocket Homes›Florida›Palm Beach County›Ocean Ridge›33435›5500 Old Ocean Blvd Unit 103

This home is located at 5500 Old Ocean Blvd Unit 103 in Ocean Ridge, FL and zip code 33435. This 1,062 square foot home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $499,000.

Over 0 listings were sold over their listed price in April 2024 in Ocean Ridge, FL. In the same period over 6 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Ocean Ridge, FL increased by 14% between March 2024 and April 2024. The median list price of listings available in April 2024 was $1,600,000, while the average time on the real estate market was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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