A rare opportunity to create your own private coastal retreat in Portofino of Ocean Ridge, one of the area's most luxurious gated oceanfront communities. With only 18 residences, Portofino offers an exceptional level of privacy and exclusivity in one of South Florida's most desirable seaside locations. This expansive, single-level residence offers nearly 3,000 square feet with a wide-open floor plan and tremendous potential to renovate and reimagine the space to reflect your own vision. A semi-private elevator opens directly into the residence, where an oversized great room, three bedrooms, two-and-a-half baths and multiple terraces provide the ideal foundation for sophisticated coastal living. The generous primary suite features two walk-in closets and a spacious bath, while the additional bedrooms offer flexibility for family, guests or a private office.
The residence also includes a wet bar, abundant storage, a private two-car garage with an impact-rated door and an exclusive air-conditioned storage and flex space that could be used as a gym, office, studio or hobby room. Two oversized terraces extend the living space outdoors, including a covered terrace overlooking the ocean that can be enjoyed throughout the year.
Portofino's residents enjoy lush tropical grounds, a resort-style pool and spa, a garden bar and private deeded beach access just steps away. The community also offers immediate access to scenic Old Ocean Boulevard, one of the most beautiful walking and biking routes along the South Florida coastline.
Ocean Ridge remains one of South Florida's best-kept secrets--a charming coastal beach town ideally nestled between Palm Beach and Delray Beach's vibrant Atlantic Avenue. Peaceful and private, yet only minutes from exceptional dining, shopping and entertainment, this is a rare opportunity to create something truly special within one of Ocean Ridge's most exclusive boutique communities.
For sale
Price cut: $205K (9/14)
$2,995,000
5841 N Ocean Blvd #F2, Ocean Ridge, FL 33435
3beds
2,994sqft
Condominium, Condo/Co-Op
Built in 1998
-- sqft lot
$2,777,700 Zestimate®
$1,000/sqft
$-- HOA
What's special
Two-and-a-half bathsLush tropical groundsThree bedroomsSpacious bathExpansive single-level residenceMultiple terracesResort-style pool and spa
- 10 days
- 148
- 4
Zillow last checked:
Listing updated:
Listed by:
STEVEN R PRESSON 561-843-6057,
The Corcoran Group,
HUNTER PRESSON 561-945-1988
Source: Palm Beach BOR,MLS#: 26-1193
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 224
- Dimensions: 16 x 14
Bedroom 2
- Level: Main
- Area: 423.7
- Dimensions: 22.3 x 19
Den
- Level: Main
- Area: 488.16
- Dimensions: 22.6 x 21.6
Kitchen
- Level: Main
- Area: 240
- Dimensions: 20 x 12
Living room
- Level: Main
- Area: 818.8
- Dimensions: 35.6 x 23
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Refrigerator, Freezer, Electric Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Oven
- Laundry: In Unit
Features
- Wet Bar, Storage
- Flooring: Marble, Tile
Interior area
- Total structure area: 2,994
- Total interior livable area: 2,994 sqft
Property
Features
- Exterior features: Balcony
- Has private pool: Yes
- On waterfront: Yes
Details
- Parcel number: 46434527570000062
- Zoning: RM
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Condo/Co-Op
Condition
- Year built: 1998
Community & HOA
Community
- Features: Pool
Location
- Region: Ocean Ridge
Financial & listing details
- Price per square foot: $1,000/sqft
- Tax assessed value: $2,000,000
- Annual tax amount: $36,528
- Date on market: 9/14/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$2,777,700
$2.64M - $2.92M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Price change | $2,995,000-6.4%$1,000/sqft |
Source: Palm Beach BOR #26-1193 Report a problem | ||
| 4/6/2026 | Price change | $3,200,000-3%$1,069/sqft |
Source: | ||
| 1/6/2026 | Price change | $3,300,000-3.6%$1,102/sqft |
Source: | ||
| 10/3/2025 | Listed for sale | $3,425,000+197.8%$1,144/sqft |
Source: | ||
| 4/25/2014 | Sold | $1,150,000-3.8%$384/sqft |
Source: | ||
| 2/28/2014 | Listed for sale | $1,195,000+49.4%$399/sqft |
Source: The Corcoran Group #8395 Report a problem | ||
| 1/24/2000 | Sold | $800,000+27%$267/sqft |
Source: Public Record Report a problem | ||
| 4/8/1998 | Sold | $629,800$210/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,528 +106.1% | $2,000,000 +97.4% |
| 2024 | $17,721 +2.3% | $1,013,182 +3% |
| 2023 | $17,316 -0.1% | $983,672 +3% |
| 2022 | $17,340 +0.3% | $955,021 +3% |
| 2021 | $17,285 +1.3% | $927,205 +1.4% |
| 2020 | $17,057 +1.3% | $914,403 +2.3% |
| 2019 | $16,845 | $893,845 +1.9% |
| 2018 | $16,845 +4.9% | $877,179 +2.1% |
| 2017 | $16,054 +1.2% | $859,137 +2.1% |
| 2016 | $15,868 -0.8% | $841,466 +0.7% |
| 2015 | $15,992 -0.4% | $835,617 +2.9% |
| 2014 | $16,058 +1.3% | $812,000 +1.5% |
| 2013 | $15,856 -5.8% | $800,000 -4.3% |
| 2012 | $16,833 -1.1% | $836,100 +0.5% |
| 2011 | $17,024 +0.7% | $832,300 +1.5% |
| 2010 | $16,901 +0.1% | $820,000 -2.5% |
| 2009 | $16,888 -28% | $840,942 -32.1% |
| 2008 | $23,451 -3% | $1,238,500 -5.5% |
| 2007 | $24,177 -8.1% | $1,310,000 |
| 2006 | $26,300 | $1,310,000 +44% |
| 2005 | -- | $910,000 -3.7% |
| 2004 | $10,803 +20282.3% | $945,350 +38% |
| 2003 | $53 -99.6% | $685,000 +4.6% |
| 2002 | $13,767 +6.7% | $655,000 +8.3% |
| 2001 | $12,898 +15% | $605,000 +14.2% |
| 2000 | $11,216 +0.6% | $530,000 |
| 1999 | $11,152 | $530,000 |
Find assessor info on the county website
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