5550 N Ocean Drive #22B, Riviera Beach, Fla 33404, Riviera Beach,, FL, 33404

Property Details: • Type: Single Family Residence • Bedrooms: 2 • Bathrooms: 2 • Square Footage: 1,435 sq ft

Description: RARE, BUILDING IS APPROVED FOR FHA LOANS!! 2024 GUTTED-CUSTOM REMODEL ''ALL'' NEW! NO BUILDING COSTS ALL-NEW UPGRADES 2025-2015. 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! Corner units ''Privacy'', (4) per floor. 1435 sq ft under air+270 sq ft-60 ft long wrap around terrace=1705 total sq ft. Exclusive WOW underlighted Island Kitchen Counter. Exclusive Custom In-Condo Storage Closet, Exclusive Ensuite 2nd Bathroom/Bedroom. At WATER GLADES, ON SINGER ISLAND, ON-THE-SAND 1200 ft Beach! Steps to 1.6 mile pristine Mc Arthur Beach State Park; a Beach-Walking Heaven! Rare 12/2024 Florida Condo Structure Integrity Milestone certificate. $1695 Monthly Home Owner Mainenance includes Cable & Internet 3/1/2026-3/1/2027.

FLORIDA CONDO BUYERS LOAN 25% MINIMUM DOWN PAYMENT ELIMINATED: The financial landscape for Florida condominium buyers changed significantly this week as the Federal Housing Finance Agency (FHFA) officially eliminated the Limited Review process. Immediately removing the minimum 25% down payment rule.

Led by Congressman Byron Donalds (R-FL) and Federal Housing Finance Agency (FHFA) Director Bill Pulte, effectively ends a 2008 policy that forced Floridians to pay a higher down payment than any other state.

The lending process required Florida borrowers to provide a 25% down payment. This restriction was in stark contrast to the rest of the nation, where buyers could secure Conventional Financing with down payments of 3% to 5%.

NEW TAX BENEFITS: 1) February 2026: Florida House passes bill to eliminate most property taxes; Senate inaction looms. Florida lawmakers fast-track property tax elimination plan for primary residence homeowners across the state. HJR 203 would cut homeowner tax bills in half or more starting January 2027 if 60% of voters approve the measure in November. Last week, the states House advanced an amended HJR 203 bill that would effectively turn off the tax switch for homesteaded properties starting Jan. 1, 2027. 2) Palm Beach County Property Tax not increasing 2026. 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) 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.

CONDO-2024 GUTTED-CUSTOM REMODEL DETAILS: -EVERYTHING IS NEW, 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. -Spacious 33" x 55" porcelain "sand"-like tile, like the beach below. -Custom Kitchen Island Counter, EXCLUSIVE UNDERLIGHTED, RARE "SeaFoam Light Green-White" Quartzite, that resembles the ocean below. Quartzite is very durable, non-porous, heat and scrath resistant. Green Quartzite is a powerful heart-centered stone representing deep connection to nature, often used to promote emotional balance, compassion, deep healing, personal growth, stimulates hope, transform negative energy into positive, stability. -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. -New Samsung Kitchen Fridge/Freezer, Induction Cook top,Oven, Convection+Microwave, Dishwasher. -Kitchen faucet GE water purification system. -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 NO COSTS-BUILDING "ALL" NEW UPGRADES 2025-2015: Very financially stable community. Monthly Home Owner Maintenance $1,650, includes Cable & Internet;not increasing. Has Florida Condo Structure Integrity Milestone Certification 12/2024. Home Owners 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).

WATER GLADES COMMUNITY DETAILS: -Exceptionally Managed. President Water Glade Owners Association is Singer Island on City Council, former Town Manager Long Beach, NY, PHD Engineer. And other owners 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 and (2) gourmet-grocery markets, pharmacy, stores, restaurants, Gardens Mall. North County Government Center, Golfing, Medical/Hospital. -(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 completing June 2026. -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.

Features: e HQ 10 minutes. "/>