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$3,250,000
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Property Description
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. **
Full Property Details
Full Property Details for 5050 N Ocean Dr #701
General
- Sold For: $3,250,000
- HOA FEE: $5,561/month
- Taxes: $51,369 (2024)
- Status: Closed
- Type: Condo
- Source: Regional
- MLS ID: R11114274
- Added to Site: 189 day(s) ago
Interior
- Number of Rooms: 8
- Interior 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)
- Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Microwave, Refrigerator, Washer
- Flooring: Marble, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Main Floor Baths: 4
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: Washer Hookup, Inside, Laundry Closet
Additional Information
- Shared Amenities: Beach Rights, Beach Access, Business Center, Cabana, Clubhouse, Elevator(s), Fitness Center, Picnic Area, Pool, Recreation Facilities, Sauna, Storage
- Pool: Yes
- Pool Description: Association
- Security/Safety: Security System, Fire Sprinkler System, Gated with Guard, Gated Community, Lobby Secured
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Covered, Wrap Around, Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Assigned, Detached, Garage
Location
- County: Palm Beach
- Subdivision: OCEANS EDGE AT SINGER ISLAND CONDO
- Direction Faces: East
Community
- Community Name: 5240
- Association: Yes
- Assoc. Fees Include: Common Areas, Cable TV, Gas, Insurance, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Builder: Toll Brothers
- Construction: Block
- Windows: Blinds, Drapes
- Stories/Levels: 18
- Building Size: 3883
- Square Feet: 3,883
- Living Area: 3,883 Sq. Ft.
- Year Built: 2008
- Property Condition: Resale
Lot Features
- Property View: Intercoastal, Ocean
- Zoning: RM-20(
Water Features
- Water Front: Yes
- Water Front Desc.: Ocean Access, Shoreline - Sand
- Water Front View: Ocean Access, Shoreline - Sand
Financial Considerations
- Association Fee: $5,561
- Assoc Fee Freq.: Monthly
- Tax Amount: $51,369.2
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: OCEANS EDGE AT SINGER ISLAND CONDO UNIT 701
- Property ID: 56434222390000701
Listed by Compass Florida LLC
Sold by Real Estate Expo Inc
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Schools
Schools serving 5050 N Ocean Dr #701
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School 1160 Avenue N, Riviera Beach, FL 33404 | PK-5 | 3.1 mi |
William T. Dwyer High School 13601 North Military Trail, Palm Beach Gardens, FL 33410 | 9-12 | 7 mi |
John F. Kennedy Middle School, Riviera Beach, FL 1901 Avenue S, Riviera Beach, FL 33404 | 6-8 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5050 N Ocean Dr #701
Date
Details
Price
Change
Source
10/27/2025
Sold
$3,250,000
-6.88%
MLS
8/08/2025
Listed
$3,490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5050 N Ocean Drive #701, Singer Island, FL 33404 (MLS# R11114274) is a Condo property that was sold at $3,250,000 on October 27, 2025. Want to learn more about 5050 N Ocean Drive #701? Do you have questions about finding other Condo real estate for sale in Singer Island? You can browse all Singer Island real estate or contact a Coldwell Banker agent to request more information.

