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 1 6 mile pristine mc arthur beach state park monthly home owner maintenance 1695 not increasing and includes comcast cable and 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 steps to beach walking heaven 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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561-628-4128
Last updated June 14, 2026
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Source: BeachesMLS #R11115281
Listing Facts
TypeCondo
NeighborhoodSinger Island
Bedrooms2
Bathrooms2
Days on Prevu307
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
Elevator
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
06/11/2026
Price Increased
$1,210,000
08/13/2025
Listed by RE/MAX Ocean Properties
$1,170,000
Property Details for 5550 N Ocean Drive 22b
Association
Amenities
Association Amenities: Clubhouse, Fitness Center, Management, Pool, Parking, Spa Hot Tub, Tennis Courts, Elevators
Community Features: Gated, Property Manager On Site
Pets Allowed: BreedRestrictions,SizeLimit,Yes
Fees
Association Fee: $1,695.00 Monthly
Association Fee Includes: Common Areas, Cable Tv, Insurance, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water
Exterior
Construction
Property Condition: Resale
Stories Total: 23
Structure Type: Multi Family
Window Features: Storm Windows
Year Built: 1975
Construction Materials: Concrete
Entry Level: 22
Exterior Features: Balcony, Outdoor Living Area, Tennis Courts
Features
Direction Faces: South
Patio And Porch Features: Covered, Wrap Around, Balcony
Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
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
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: 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 20% below the average price for condos in Singer Island and has been on the market for 181 more days than the typical home in this area.
What building or home owners association is the condo part of?
This condo is in the WATER GLADES CONDO building.
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. On Prevu for 307 days at $1,210,000. This includes a recent price increase of $40,000. This residence features 1,435 square feet of living space, located in Singer Island. The median listing price for condos in this area is $922,000. Nearby schools include Lincoln Elementary School, John F. Kennedy (Palm Beach) Middle School, and William T. Dwyer High School. Property amenities include private outdoor space, dishwasher, pets allowed, elevator, parking, swimming pool, and washer/dryer. Browse more 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.
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.