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5420 Ocean #Ph2
Riviera Beach, FL 33404
Listing courtesy of Douglas Elliman (Jordan Elsen). Contact: [email protected].
ONE OF THE BEST OCEANFRONT PENTHOUSE VALUES IN PALM BEACH COUNTY! This exceptional southeast-facing corner residence at PH2 offers breathtaking, unobstructed water views with spectacular sunrises over the Atlantic and glowing sunsets across the Intracoastal Waterway. Enjoy the ultimate coastal lifestyle from your expansive covered balcony, perfectly positioned to capture ocean breezes and panoramic vistas all day long. Flooded with tremendous natural light, this penthouse features tile flooring, an updated kitchen, and beautifully renovated bathrooms designed for both comfort and style. Additional highlights include full impact glass windows and sliders installed in 2018, a 2019 HVAC, and a 2019 water heater—providing peace of mind and modern efficiency. The building is financially sound and well-maintained, with HOA dues of just $1,393/month that have remained unchanged for the past three years. Milestone Report compliant, a completed and filed Structural Integrity Reserve Study (SIRS), over $1.5 million in reserves, and no upcoming planned assessments further reinforce the strength of this offering. Ideally located on Singer Island with convenient access to PGA Boulevard, this penthouse presents a rare opportunity to own a premier oceanfront property at an exceptional value.
- Principal and interest
- $3,787
- Property tax
- $1,032
- Homeowners insurance
- $467
- HOA
- $1,393
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
Outside the special flood hazard area. Flood insurance is optional.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.