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    5505 N Ocean Blvd, Unit 6-206 Boynton Beach, FL 33435

    For Sale
    $250,000

    Second-floor condo in a gated 55+ community with beach access.

    Building Details

    Year built
    1969

    Source: Compass Florida LLC (PB) Agent Susan D Curt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ocean Ridge Gated Community Condo

    Located off A1A, this second-floor end unit is situated in Colonial Ridge, a small gated community that provides private beach access. The property is currently utilized as a one-bedroom with a den but has the potential to be converted back to its original two-bedroom floor plan. The master bedroom includes a porch that provides access to a small garden area below. The community features a clubhouse, pool, bocci ball court, and a picnic/BBQ area, along with a 200-foot beach deck.
    Location Intelligence

    Current Use by Public Records

    Colonial Ridge Club Housing Cooperative Joette Calabrese Educational Consultant Practical Homeopathy Inc Educational Consultant ProMark Concepts Inc Marketing Agency United We Rock Music Management And Promotion

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boynton Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0502617
    Latitude
    26.5128162

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    FAQs

    What type of property is this?
    Apartment building - Second-floor condo in a gated 55+ community with beach access.
    Where is this apartment building located?
    The property is located at 5505 N Ocean Blvd, Unit 6-206 Boynton Beach, FL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Private beach access for residents of the gated Colonial Ridge community; - End unit with potential to convert back to original 2-bedroom floor plan; - Located close to both the pool and the ocean
    (954) 732-2038
    Request Owner's contact information
    5505 N Ocean Blvd, Unit 6-206 Boynton Beach, FL 33435
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5505 N Ocean Blvd, Unit 6-206 Boynton Beach, FL 33435
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