5540 N Ocean Boulevard

Ocean Ridge, FL 33435

$395,000

$330/ft²

2Beds

2Baths

1,196Sq ft

1970Year built

CondoType

About this home

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.

Features

Waterfront
Private pool
55+ community

Property details

Listing

MLS #: B26013358
Status: For sale
Listed on: Apr 8, 2026
Days on market: 124 days
Listing data updated: Jun 8, 2026

Interior

Beds: 2
Baths: 2
Living area: 1,196 ft²
Price per ft²: $330/ft²
Unit: 107

Building & community

Type: Condo
Year built: 1970
HOA fee: $818/mo
County: Palm Beach

Lot & exterior

Waterfront: Yes
Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,997
Property taxes (est.): $363
Home insurance (est.): $317
Flood insurance (est.): —
HOA fee: $818

Estimated total$3,495*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?