Atlantic Luxury Advisors
Under contract. Ask us to watch it: if it comes back on the market, you hear first.
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42 photos

5540 Ocean #206

Ocean Ridge, FL 33435

$285,000
2
2
1,088 sq ft
1970
Condominium
$889/mo
Yes
Yes
68
Active Under Contract

Listing courtesy of LPT Realty, LLC (Dana Keuning). Contact: [email protected].

About this home

Welcome to Crown Colony Club, one of Ocean Ridge's most sought-after waterfront communities, where coastal charm, resort-style amenities, and an unbeatable location come together. Nestled between the sparkling Atlantic Ocean and the Intracoastal Waterway, this beautifully updated and furnished 2-bedroom, 2-bath condo offers the perfect Florida lifestyle. Step inside to discover a bright, move-in-ready residence featuring a spacious open-concept living and dining area. Relax on your private balcony overlooking lush tropical landscaping and the community pool, or take advantage of the exceptional amenities that make Crown Colony Club so special. Residents enjoy private deeded beach access with an exclusive beachfront patio on the Atlantic Ocean, boat dockage on the Intracoastal Waterway, a heated swimming pool, two clubhouses, including one directly on the Intracoastal fitness center, library, yacht club, BBQ deck, and a vibrant social atmosphere. Located in the charming seaside town of Ocean Ridge, known for its Old Florida character, low-density living, and absence of high-rise's, this community offers a peaceful coastal retreat while remaining just minutes from the shopping, dining, entertainment, and cultural attractions of Delray Beach and Boynton Beach, with West Palm Beach only 20 minutes away. Whether you're seeking a year-round residence or a seasonal getaway, come experience true resort style living in one of South Floridas most desirable coastal communities.

What it costs to own
Estimated monthly payment
$2,861/mo
Principal and interest
$1,441
Property tax
$356
Homeowners insurance
$175
HOA
$889

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.

Florida cost of ownership
Estimated property tax
$4,269/yr

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.

HOA
$889/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

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.

Location

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.