Atlantic Luxury Advisors
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19 photos

5841 Ocean #F2

Ocean Ridge, FL 33435

$2,995,000
3
2.5
2,994 sq ft
1998
2 car
Condominium
$2,646/mo
Yes
Yes
11
Active

Listing courtesy of The Corcoran Group (Steven R. Presson). Contact: [email protected].

About this home

A rare opportunity to create your own private coastal retreat in Portofino of Ocean Ridge, one of the area's most luxurious gated oceanfront communities. With only 18 residences, Portofino offers an exceptional level of privacy and exclusivity in one of South Florida's most desirable seaside locations. This expansive, single-level residence offers nearly 3,000 square feet with a wide-open floor plan and tremendous potential to renovate and reimagine the space to reflect your own vision. A semi-private elevator opens directly into the residence, where an oversized great room, three bedrooms, two-and-a-half baths and multiple terraces provide the ideal foundation for sophisticated coastal living. The generous primary suite features two walk-in closets and a spacious bath, while the additional bedrooms offer flexibility for guests or a private office. The residence also includes a wet bar, abundant storage, a private two-car garage with an impact-rated door and an exclusive air-conditioned storage and flex space that could be used as a gym, office, studio or hobby room. Two oversized terraces extend the living space outdoors, including a covered terrace overlooking the ocean that can be enjoyed throughout the year. Portofino's residents enjoy lush tropical grounds, a resort-style pool and spa, a garden bar and private deeded beach access just steps away. The community also offers immediate access to scenic Old Ocean Boulevard, one of the most beautiful walking and biking routes along the South Florida coastline. Ocean Ridge remains one of South Florida's best-kept secrets—a charming coastal beach town ideally nestled between Palm Beach and Delray Beach's vibrant Atlantic Avenue. Peaceful and private, yet only minutes from exceptional dining, shopping and entertainment, this is a rare opportunity to create something truly special within one of Ocean Ridge's most exclusive boutique communities.

What it costs to own
Estimated monthly payment
$23,971/mo
Principal and interest
$15,144
Property tax
$4,306
Homeowners insurance
$1,875
HOA
$2,646

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
$51,671/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
$2,646/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.