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5550 N Ocean Drive 22bSinger Island, FL 33404

For Sale

$1,210,000

Smart Buyer Rebate $12,100

RARE, BUILDING IS APPROVED FOR FHA LOANS!! 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! Sound-of-Ocean! Corner units ''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 Park. 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. Rare 12/24 Florida Condo Structure Integrity Milestone certificate. Florida Condo Buyers Loan 25% Minimum Downpayment Eliminated The financial landscape for Florida condominium buyers changed significantly this week as the Federal Housing Finance Agency (FHFA) officially eliminated the "Limited Review" process. Immediately removing the minimum 25% down payment rule. 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 $1,650, not increasing. Has Florida Condo Structure Integrity Milestone Certification 12/2024. 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.

Listed by Robert A. Scarmazzo

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License #3219944

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RE/MAX Ocean Properties

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5616284128

Last updated July 27, 2026

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Source: BeachesMLS #R11115281

Listing Facts

  • TypeCondo
  • NeighborhoodSinger Island
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu352
  • HOA/Maint. Fees$1,695/month
  • Taxes$10,044.2/year
  • Size1,435 sqft
  • Price per sqft$843

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Elevator
  • Parking
  • Swimming Pool
  • Fitness Center

Location

Mortgage Calculator

Listing History

08/13/2025
Listed by RE/MAX Ocean Properties
$1,210,000

Property Details for 5550 N Ocean Drive 22b

Association

Amenities

  • Association Amenities: Pool, Clubhouse, Fitness Center, Management, Parking, Spa/Hot Tub, Tennis Court(s), Elevator(s)
  • Community Features: Gated
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Size Limit, Yes

Fees

  • Association Fee: $1,695.00 Monthly
  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water

Exterior

Construction

  • Stories: 1
  • Stories Total: 23
  • Structure Type: Multi Family
  • Window Features: Storm Window(s)
  • Year Built: 1975
  • Construction Materials: Concrete
  • Entry Level: 22
  • Exterior Features: Balcony, Tennis Court(s)

Features

  • Direction Faces: South
  • Other Structures: Tennis Court(s)
  • Patio And Porch Features: Covered, Wrap Around
  • Pool Features: Association
  • View: Water, Ocean, Pool
  • Waterfront Features: Ocean Access, Ocean Front, Seawall
  • Waterfront: Yes

Measurements

  • Building Area Total: 1,435
  • Lot Features: Waterfront

Financial

Taxes

  • Parcel Number: 56434215072000222
  • Tax Annual Amount: $10,044.20
  • Tax Year: 2025

Interior

Features

  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
  • Flooring: Marble
  • Interior Features: Breakfast Bar, Entrance Foyer, Eat-in Kitchen, Elevator, Kitchen Island, Pantry, Walk-In Closet(s)

Measurements

  • Living Area: 1,435

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Rooms Total: 4

Other

Location

  • Subdivision Name: WATER GLADES CONDO

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Covered, Garage

Schools

Elementary School

  • Elementary School: Lincoln

High School

  • High School: William T. Dwyer

Middle or Junior School

  • Middle Or Junior School: John F. Kennedy (Palm Beach)

Utilities

Equipment

  • Cooling: Central Air, Electric
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Inside, Laundry Closet
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 5550 N Ocean Drive 22b.

What schools are nearby to 5550 N Ocean Drive 22b?

Nearby schools include the Lincoln Elementary School, John F. Kennedy (Palm Beach) Middle School, and William T. Dwyer High School.

Does this condo have parking?

Yes, there are 2 parking spaces available for 5550 N Ocean Drive 22b.

Are pets allowed at 5550 N Ocean Drive?

Yes, 5550 N Ocean Drive allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 5550 N Ocean Drive 22b?

Annual taxes for this condo are estimated at $10,044.

How does 5550 N Ocean Drive 22b compare to other condos in Singer Island?

This condo is listed 12% below the average price for condos in Singer Island and has been on the market for 184 more days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 1,435 sqft.

5550 N Ocean Drive 22b is a 2-bedroom, 2-bath condo for sale in Singer Island FL 33404. Listed on Prevu for 352 days at $1,210,000. This residence features 1,435 square feet of living space, located in Singer Island. The median listing price for condos in this area is $878,000. Nearby schools include Lincoln Elementary School, John F. Kennedy (Palm Beach) Middle School, and William T. Dwyer High School. Additional amenities include private outdoor space, dishwasher, pets allowed, elevator, air conditioning, fitness center, parking, swimming pool, and washer/dryer. View other condo listings in Riviera Beach.

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.