5540 N Ocean Boulevard # 107, Ocean Ridge FL 33435, OCEAN RIDGE, FL, 33435
Active128 days on marketListed Apr 8, 2026MLS #B26013358
About this home
5540 N Ocean Boulevard # 107, Ocean Ridge FL 33435
Welcome to Queens Cove House Condo in the highly desirable Crown Colony Club, a 55+ community offering coastal living at its finest! This beautifully updated condo features a convenient 1st-floor entry and offers 2 bedrooms and 2 bathrooms. Step inside through a welcoming foyer entrance that opens to a spacious dining and living area, complemented by tile flooring throughout for easy maintenance. The fully updated kitchen showcases newly installed cabinets, a modern countertop, stylish backsplash, new microwave, and new dishwasher—perfectly blending function and contemporary design. This home has been thoughtfully upgraded with newly updated electrical, including a new breaker panel, and a newly installed air conditioning system for comfort and peace of mind. Both the guest and primary bathrooms have been tastefully updated with new vanities, and the entire unit has been freshly painted, creating a clean and move-in-ready space. Ideally located between the Intracoastal Waterway and the Atlantic Ocean, this property offers a private deck and direct beach access—perfect for enjoying peaceful mornings and relaxing evenings. Experience breathtaking sunrise and sunset views that will become your daily serenity. Residents of this well-maintained community enjoy a variety of amenities, including boat docks, a yacht club, a clubhouse, and a fitness center, all designed to enhance a vibrant and active lifestyle.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,196
Sqft
0 ac
Lot size
1970
Year built
1
Levels
$330
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,898 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,898/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+50.8%
$/sqft vs Ocean Ridge actives
$330 vs $729
Days on market
128 vs 72 typical
Where $330/sqft sits among the 38 Ocean Ridge actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Ocean Ridge
Get to know Ocean Ridge. See the full Ocean Ridge guide →
OCEAN RIDGE 33435 — neighborhood snapshot
Population
36,984
Median age
42.9
Median income
$66,612
Median home value
$306,900
Avg household
2.51
Households w/ children
2,805
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ocean Ridge market
$1.4M → $1.7M
Ocean Ridge median sold, yr/yr
93.5%
Sale-to-list ratio (12 mo)
2 of 38
Ocean Ridge actives have cut their price
This home is listed 186% above the OCEAN RIDGE 33435 median. See the full Ocean Ridge market guide →
Paper trail
This home's history
Reality check
What actually sold near 5540 N Ocean Boulevard # 107
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$285,000
14 Colonial Club Drive # 305, Boynton Beach FL 33435
2 bd · 2 ba · 1,224 sqft · $233/sqft · 28 DOM
Sold · Jun ’26$268,000
118 Villa Circle # 118, Boynton Beach FL 33435
3 bd · 2 ba · 1,233 sqft · $217/sqft · 37 DOM
Sold · Jun ’26$840,000
2810 SW 5th Street, Boynton Beach FL 33435
3 bd · 2 ba · 1,257 sqft · $668/sqft · 9 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5540 N Ocean Boulevard # 107 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5540 N Ocean Boulevard # 107 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5540 N Ocean Boulevard # 107 FAQs
What would the monthly payment be for 5540 N Ocean Boulevard # 107, Ocean Ridge FL 33435?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,898/mo — principal and interest, the actual property-tax bill, the $818/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 5540 N Ocean Boulevard # 107, Ocean Ridge FL 33435?+
The association fee works out to $818 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5540 N Ocean Boulevard # 107, Ocean Ridge FL 33435?+
The most recent tax bill on record (2025) was $5,045. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5540 N Ocean Boulevard # 107, Ocean Ridge FL 33435?+
The listing reports pets: No, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Ocean Ridge?+
At $395,000, this home is listed about 71% below the Ocean Ridge median of $1,360,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5540 N Ocean Boulevard # 107, Ocean Ridge FL 33435?+
Forest Park Elementary School (elementary), Congress Community Middle School (middle), Boynton Beach Community High (high), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$395,000 runs 186% above the OCEAN RIDGE 33435 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $818/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04The price has already moved
Listed at $399,995, now $395,000 — a $5K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
Never miss a listing
New Ocean Ridge homes, in your inbox
Like 5540 N Ocean Boulevard # 107, Ocean Ridge FL 33435 but not quite? A daily digest of every new listing in Ocean Ridge — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →