About 5550 N Ocean Dr #22-b
RARE, BUILDING IS APPROVED FOR FHA LOANS!! 2024 GUTTED-CUSTOM REMODEL ''ALL'' NEW. NO BUILDING COSTS ALL-NEW UPGRADES 2025-2015. Rare 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! At WATER GLADES, ON-THE-SAND 1200 ft Beach! Has Florida Condo Structure Integrity Milestone certification 12/24.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, Property Tax as HomeStead Primary Residence is est. $10,500, As Second Home $14,500.
4) August 18 2025:
"The governor and I have been pushing for property tax cuts," Ingoglia said.
"And at the very least, there is going to be a Very Substantial Cut"
Florida's Department of Government Efficiency, or "DOGE," is auditing Palm Beach County.
Chief Financial Officer Blaise Ingoglia news conference Tuesday at Palm Beach County reviewing county budgets from 2020- 2025
This property, Property Tax as HomeStead Primary Residence is est. $10,500, As Second Home $14,500.
CONDO-2024 GUTTED-CUSTOM REMODEL DETAILS:
-EVERYTHING IS NEW, including furniture, see below and photos.
-(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.
-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.
-Stunning crystal clear turquoise-green-blue ocean.
-Exclusively ON THE SAND, Surrounding towns have to walk across street/cars traffic to beach.
-Privacy-Corner Condo. (4) condos per floor-all corner units.
-Exclusive Rare Custom In-Condo Washer-Dryer, Samsung (vented).
Washer-Dryer also on-Floor laundry room.
-Remodel includes 2023 All-New Building Water Pipes, see photo.
-New Hurricane Impact Windows-Sliding Doors 12/2021
-Exclusive Custom In-Condo Storage Room.
-Exclusive 2 ensuite baths-all others have 1.
-City Permit Approved: New Electric Wires, Breaker Panel, Lights, Outlets. Bath and Kitchen plumbing..
New AC unit, New Water Heater.
-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).
-New Samsung Kitchen Fridge/Freezer, Induction Cook top, Oven, Convection+Microwave, Dishwasher.
-Kitchen faucet GE water purification system.
-Spacious 33" x 55" porcelain 'sand-like" tile, like the beach below.
-Custom Kitchen Island Counter, Rare UNDERLIGHTED "SeaFoam Light Green-White Onyx".
-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).
-Hall additional Storage Closet only in "B" and "A" model.
-Dazzling City Lights at night.
-Full Moon rises off ocean 3 nights per month.
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.
All information believed accurate but not guaranteed.
