5420 Ocean Drive Unit Ph2, Riviera Beach, FL 33404

$749,000 — Active

Property Features

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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.

Property Details

  • Listing ID: B26007170
  • Status: Active
  • Listing Date: 2026-03-26
  • Property Type: Condominium
  • Unit / Building #: Ph2
  • Subdivision: CONNEMARA CONDO
  • County: Palm Beach
  • MLS Area: 5240
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Living Area Sq Ft: 1,508
  • Year Built: 1979

Financial

  • List Price: $749,000
  • HOA Fee: $1,393/mo
  • Taxes: $10,772/yr

Features & Amenities

  • View: City, Intracoastal, Ocean
  • Furnished: Negotiable
  • Pets Allowed: No
  • Parking: Assigned, Guest, Garage, Detached Garage
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Carpet, Tile
  • Construction: Block, Concrete, CBS
  • Roof: Other
  • Interior Features: Entrance Foyer, Walk-In Closet(s)
  • Community Amenities: Elevator(s), Fitness Center, Laundry, Management, Picnic Area, Parking, Pool, Sauna, Storage, Tennis Court(s), Manager On Site, Trash Chute, Community Room, Internet Included, Pickleball Court(s)

Courtesy of Douglas Elliman
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© 2026 Starfish Real Estate. Listings updated Oct 22, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.