5050 Ocean Drive #701

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. **