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Sold for $3,250,000
  • $3,250,000

    5050 N Ocean Drive #701, Singer Island, FL 33404

    4beds
    3,883sqft
    Condominium
    Built in 2008
    -- sqft lot
    $3,325,700 Zestimate®
    $837/sqft
    $8,064 Estimated rent

    Home value

    $3,325,700

    $2.96M - $3.72M

    $8,064/mo

    Zestimate® history
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    What's special

    Priced Over $400K Below the Recent $3.9M Appraisal - Exceptional Opportunity in Singer Island's Premier Boutique Oceanfront Building! Step into Oceans Edge, an exclusive, manned-gated community of just 40 residences combining modern 2008 construction, strong cash reserves, an exceptionally well-managed condo association, and unmatched service. Enjoy resort-style amenities including concierge and beach service, 7-day-a-week handyman services, oceanfront heated pool with private cabanas (when available for purchase), sauna, gym, Jacuzzi hot tub, locker rooms, elegant ocean-view event room, private beach access, grilling area, movie theatre, secure garage parking, and private climate-controlled storage. Within this exceptional setting, Residence 701 offers one of the building's most desirable and rarely available floor plansspanning over 3,800 square feet from ocean to Intracoastal with water views from almost every room. This north-end corner unit captures golden sunrises over the Atlantic from its direct oceanfront terrace and spectacular sunsets over the Intracoastal from its west-facing balcony. The open-concept living and dining spaces flow seamlessly into a fully renovated chef's kitchen with Wolf gas cooktop and pot filler, Miele and Sub-Zero appliances, and sleek contemporary finishes. The oceanfront master suite is a private retreat with terrace access, Jacuzzi tub, his-and-hers water closets, and a seamless shower. A separate guest wing houses three additional bedrooms ( 2 of which are ensuites with private terraces) and sweeping water views. Recent upgrades include a renovated kitchen and bathrooms, electric shades, crown molding, designer lighting, and a new water heater. Located on the tranquil north end of Singer Island, Oceans Edge places you minutes from John D. MacArthur Beach State Park, Sailfish Marina, Cannonsport Marina, fine dining, and Palm Beach International Airport. Known for its pristine beaches, lush tropical surroundings, and vibrant boating culture, Singer Island offers the perfect blend of luxury and leisure. This is oceanfront living at its most refinedand at an incredible value. **Ocean's Edge is not subject to building inspections, as they apply only to structures that are 25 years or older. Their 2-year concrete restoration was project was finished in October 2024. Last year, they completed their structural integrity reserve study and updated their standard reserve study, both of which are available on their owners' website. **

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica D Gulick 772-480-0054,

    Compass Florida LLC,

    Scott A Laird Sr 863-412-7658,

    Compass Florida LLC

    Bought with:

    Sergei V. Goukasov, 708299

    Real Estate Expo Inc

    Sergei V. Goukasov, 708299

    Real Estate Expo Inc

    Source: BeachesMLS,MLS#: R11114274MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 4
    • Main level bedrooms: 4
    Primary bedroom
    • Level: Main
    • Area: 270
    • Dimensions: 18 X 15
    Bedroom 2
    • Level: Main
    • Area: 285
    • Dimensions: 19 X 15
    Bedroom 2
    • Level: Main
    • Area: 192
    • Dimensions: 16 X 12
    Den
    • Level: Main
    • Area: 176
    • Dimensions: 16 X 11
    Kitchen
    • Level: Main
    • Area: 208
    • Dimensions: 16 X 13
    Living room
    • Level: Main
    • Area: 810
    • Dimensions: 30 X 27
    Utility room
    • Level: Main
    • Area: 60
    • Dimensions: 10 X 6
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Microwave, Refrigerator, Washer
    • Laundry: Washer Hookup, Inside, Laundry Closet
    Features
    • Wet Bar, Built-in Features, Closet Cabinetry, Dual Sinks, Garden Tub/Roman Tub, Split Bedrooms, Storage, Separate Shower, Tub Shower, Walk-In Closet(s)
    • Flooring: Marble, Wood
    • Windows: Blinds, Drapes
    Interior area
    • Total structure area: 3,883
    • Total interior livable area: 3,883 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Detached, Garage
    • Garage spaces: 2
    Features
    • Patio & porch: Covered, Wrap Around, Balcony
    • Exterior features: Balcony, Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: Intercoastal, Ocean
    • Has water view: Yes
    • Water view: Intercoastal,Ocean
    • Waterfront features: Ocean Access, Shoreline - Sand
    Details
    • Parcel number: 56434222390000701
    • Zoning: RM-20(

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block
    Condition
    • Resale
    • New construction: No
    • Year built: 2008
    Details
    • Builder name: Toll Brothers

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Gated, Property Manager On-Site
    • Security: Security System, Fire Sprinkler System, Gated with Guard, Gated Community, Lobby Secured
    • Subdivision: OCEANS EDGE AT SINGER ISLAND CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Beach Access, Business Center, Cabana, Clubhouse, Elevator(s), Fitness Center, Picnic Area, Pool, Recreation Facilities, Sauna, Storage
    • Services included: Common Areas, Cable TV, Gas, Insurance, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water
    • HOA fee: $5,561 monthly
    • HOA phone: 561-881-9510
    Location
    • Region: Singer Island

    Financial & listing details

    • Price per square foot: $837/sqft
    • Tax assessed value: $3,097,200
    • Annual tax amount: $51,369
    • Date on market: 8/9/2025
    • Cumulative days on market: 219 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/27/2025Sold$3,250,000-6.9%$837/sqft
    Source: BeachesMLS #R11114274 Report a problem
    9/15/2025Pending sale$3,490,000$899/sqft
    Source: BeachesMLS #RX-11114274 Report a problem
    8/9/2025Listed for sale$3,490,000$899/sqft
    Source: BeachesMLS #RX-11114274 Report a problem
    8/2/2025Listing removed$3,490,000$899/sqft
    Source: BeachesMLS #RX-11094011 Report a problem
    5/27/2025Listed for sale$3,490,000$899/sqft
    Source: BeachesMLS #RX-11094011 Report a problem
    5/26/2025Listing removed$3,490,000$899/sqft
    Source: BeachesMLS #RX-11055763 Report a problem
    5/15/2025Price change$3,490,000-3.1%$899/sqft
    Source: BeachesMLS #RX-11055763 Report a problem
    4/30/2025Price change$3,600,000-4%$927/sqft
    Source: BeachesMLS #RX-11055763 Report a problem
    2/25/2025Price change$3,750,000-3.8%$966/sqft
    Source: BeachesMLS #RX-11055763 Report a problem
    1/24/2025Listed for sale$3,899,000+2.1%$1,004/sqft
    Source: BeachesMLS #RX-11055763 Report a problem
    6/21/2024Listing removed$3,819,000$984/sqft
    Source: Douglas Elliman #RX-10905027 Report a problem
    5/7/2024Price change$3,819,000-2.7%$984/sqft
    Source: BeachesMLS #RX-10905027 Report a problem
    8/7/2023Listed for sale$3,924,000-0.7%$1,011/sqft
    Source: BeachesMLS #RX-10905027 Report a problem
    6/9/2023Listing removed--
    Source: BeachesMLS #RX-10824803 Report a problem
    3/8/2023Price change$3,950,000-9.2%$1,017/sqft
    Source: BeachesMLS #RX-10824803 Report a problem
    1/20/2023Price change$4,350,000+4.2%$1,120/sqft
    Source: BeachesMLS #RX-10824803 Report a problem
    11/14/2022Price change$4,175,000-9.2%$1,075/sqft
    Source: BeachesMLS #RX-10824803 Report a problem
    8/15/2022Listed for sale$4,600,000+70.4%$1,185/sqft
    Source: BeachesMLS #RX-10824803 Report a problem
    12/4/2019Sold$2,700,000+1.9%$695/sqft
    Source: BeachesMLS #R10579981 Report a problem
    12/27/2017Listing removed$2,650,000$682/sqft
    Source: Dermot OBrien Realty #RX-10259285 Report a problem
    11/15/2017Listing removed$12,000$3/sqft
    Source: Dermot OBrien Realty #RX-10259595 Report a problem
    10/24/2017Listed for rent$12,000$3/sqft
    Source: Dermot OBrien Realty #RX-10259595 Report a problem
    9/14/2017Listing removed$12,000$3/sqft
    Source: Dermot OBrien Realty #RX-10259595 Report a problem
    9/1/2017Listed for rent$12,000$3/sqft
    Source: Dermot OBrien Realty #RX-10259595 Report a problem
    6/16/2017Listing removed$12,000$3/sqft
    Source: Dermot OBrien Realty #RX-10259595 Report a problem
    6/16/2017Listed for sale$2,650,000$682/sqft
    Source: Dermot OBrien Realty #RX-10259285 Report a problem
    6/13/2017Listed for rent$12,000$3/sqft
    Source: Dermot OBrien Realty #RX-10259595 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$52,874 +2.9%$2,603,024 +2.9%
    2024$51,369 +2.3%$2,529,664 +3%
    2023$50,192 +1.1%$2,455,984 +3%
    2022$49,641 +0.1%$2,384,450 +3%
    2021$49,600 -0.8%$2,315,000
    2020$49,986 +1%$2,315,000 +5.8%
    2019$49,511 $2,189,000 +10%
    2018$49,511 +14.8%$1,990,000
    2017$43,110 -1.3%$1,990,000 +8%
    2016$43,689 -0.3%$1,842,500 +10%
    2015$43,827 +13.2%$1,675,000 +2.8%
    2014$38,718 +1.7%$1,630,000 +3.3%
    2013$38,055 +9.8%$1,578,500 +10%
    2012$34,656 -1.8%$1,435,000
    2011$35,276 +9.1%$1,435,000 +10%
    2010$32,331 -19.8%$1,305,000 -23.9%
    2009$40,327 +687.1%$1,715,000 +643.8%
    2008$5,124 $230,560
    Find assessor info on the county website

    Neighborhood: Singer Island

    Nearby schools

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    Estimated market value
    $3,325,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,325,700