5540 N OCEAN BOULEVARD UNIT 206, OCEAN RIDGE, FL, 33435
Active39 days on marketListed Jun 16, 2026MLS #FC319311
About this home
5540 N OCEAN BOULEVARD UNIT 206
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.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,088
Sqft
0 ac
Lot size
1970
Year built
One
Levels
$301
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.
$3,537 /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
$3,537/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.
$/sqft vs Ocean Ridge actives
$301 vs $729
Days on market
39 vs 3 typical
Where $301/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 → $1.4M
Ocean Ridge median sold, yr/yr
1 of 38
Ocean Ridge actives have cut their price
This home is listed 136% 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 UNIT 206
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$185,000
265 High Point Boulevard # D, Boynton Beach FL 33435
2 bd · 2 ba · 1,104 sqft · $168/sqft · 1 DOM
Sold · May ’26$812,500
5500 Old Ocean Boulevard # 107, Ocean Ridge FL 33435
2 bd · 2 ba · 1,070 sqft · $759/sqft · 181 DOM
Sold · Jun ’26$255,000
1307 Villa Circle, Boynton Beach FL 33435
2 bd · 2 ba · 1,008 sqft · $253/sqft · 20 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 UNIT 206 — 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 UNIT 206 — 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 UNIT 206 FAQs
What would the monthly payment be for 5540 N OCEAN BOULEVARD UNIT 206?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,537/mo — principal and interest, the actual property-tax bill, the $889/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 UNIT 206?+
The association fee works out to $889 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 UNIT 206?+
The most recent tax bill on record (2025) was $5,015. 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 UNIT 206?+
The listing reports pets: 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 $327,000, this home is listed about 4% below the Ocean Ridge median of $339,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5540 N OCEAN BOULEVARD UNIT 206?+
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
Five things that matter here
01Positioned at the premium end
$327,000 runs 136% above the OCEAN RIDGE 33435 median.
02Move-in furnished
The furniture conveys — a genuine head start for a second home or rental, and one less five-figure line item after closing.
03Know the monthly fee
The association fee is $889/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
39 days on market against a Ocean Ridge median of 3 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $339,000, now $327,000 — a $12K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of LPT REALTY, LLC · Robyn Stahl. MLS #FC319311.
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 Stellar MLS.
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