by Global Lifestyle Properties

See Home Value
$1,055,000
● House - Off Market

5540 Osprey Drive

Ocean Ridge, FL 33435
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,462 Ft²
$2,160,318
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Private contemporary beach house.  One block from the ocean with a beautiful tropical setting.  Open floor plan with volume ceilings and great entertainment areas.***The information herein is deemed reliable and subject to errors, omissions or changes without notice.  The information has been derived from architectural plans or county records. Buyer should verify all measurements. Exclusions: Dinning Room Chandelier, two blue master bath chandeliers and foyer chandelier***SEE SUPPLEMENT FOR MORE DETAILS. Location

Osprey Drive, Ocean Ridge, Florida.  One of the Gold Coast's best-kept secrets, Ocean Ridge is prized for its tranquility, relaxed ambiance, and unspoiled barrier island beauty nestled between the Atlantic Ocean and Intracoastal Waterway.  

Property

Only a block from the ocean, this contemporary beach house is secluded in a beautiful tropical oasis with lush landscaping and privacy fencing.  Entered through a gated courtyard, the residence opens westward to the outdoor entertainment area where an airy screened lanai wraps around the sun-splashed pool patio.  A charming garden fountain is perched above the stone wall.

Residence

Themed with a casually elegant seaside feel, this tastefully renovated residence offers a comfortable floor-plan totaling 4,883A± square feet with open living areas, four bedrooms, three and-a half baths, impact-glass windows, and a two-bay garage that has an additional room to use as a workshop or storage.  Entered from the sunlit glass-walled foyer, the bright open living room is set off by Saturnia marble floors, a floor-to-ceiling stone fireplace, vaulted cedar ceilings, and window walls flowing to the poolside lanai.  In the open dining area, a breakfast bar separates the gourmet kitchen equipped with granite counters, a walk-in pantry, and stainless steel appliances including KitchenAid double ovens, a Miele dishwasher, and Jenn-Air range.  Glass doors in the open family room also lead to the lanai.  In a private front-to-back wing, the spacious master suite opens to its own sitting area on the lanai.  Two walk-in closets accompany the suite's luxurious marble-and-granite bath featuring a jetted tub, walk-in shower, and glass doors to a serene walled garden.  Also leading to the lanai, another bedroom has an en-suite bath that doubles as the cabana bath.  Upstairs, off the balcony hall, two bedrooms are served by a connecting bath.
Unit Size
3,462 Ft²
Days on Market
273 days
Land Size
-
Price per sqft
$345
Property Type
House
Property Taxes
$847
HOA Dues
-
Year Built
1988

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Last updated: 5 months ago (Beaches MLS #R10060939)

Price History

Date / Event Date Event Price
Dec 15, 2025 Sold
Sold
Nov 30, 2025 In contract -
In contract
Oct 2, 2025 Listed by Douglas Elliman $3,375,000
Listed by Douglas Elliman
Exuding coastal sophistication, this lushly landscaped four-bedroom estate in prestigious Ocean Ridge combines modern elegance with timeless design. Dramatic vaulted ceilings, polished Saturnia floors, and a striking stone-mantel fireplace highlight the open living spaces, while walls of glass invite natural light and garden views. The expansive yard, surrounded by tropical landscaping with recent upgrades, creates a private oasis. Just three blocks from the beach, this storm-secure home features hurricane-impact windows and a generator, epitomizing refined coastal living.
Jun 16, 2024 No longer available -
No longer available
Oct 17, 2023 Listed by Premier Estate Properties $3,650,000
Listed by Premier Estate Properties
Lushly landscaped beach-area four-bedroom estate in prestigious Ocean Ridge is beautifully detailed with a modern vibe, a touch of Zen, and a sense of drama. Attractive details include dramatic soaring vaulted ceilings, polished Saturnia flooring, and a fireplace with a stone mantel. The lush tropical landscaping is enhanced by many new features, and this neighborhood has easy beach access. The manager has listed the unit size as 3462 square feet.
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 12
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 571
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 14,283
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 900
  • Total Building Area: 4,883
  • Gross Building Area: 4,883
  • Building Area: 3,462
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,462
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TROPICAL SHORES
  • Land Acres: 0000000328
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: TROPICAL SHORES LT 6

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005411

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: 322
  • Parcel: 46-43-45-34-02-000-0060
  • Lot: 6
  • Meridian: SEC 34 TWN 45S RNG 43E
  • Municipality: OCEAN RIDGE
  • Latitude: 26.5134
  • Longitude: -80.0522

    Address

  • Full Address: 5540 Osprey Dr
  • Address - House Number: 5540
  • Address - Street Name: Osprey
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ocean Ridge
  • Carrier Code: C038
  • 4-Digit Zip Code: 7069
  • Zip Code: 33435

Valuation

    Tax

  • Total Area: 3,916
  • Tax Year: 2022
  • Tax Amount: $2,153,677
  • Tax Rate Code Area: 46984

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 2,511,250
  • High Value: 3,004,336
  • Low Value: 2,018,164

    Market Valuation

  • Market Total Value: $1,418,472
  • Market Land Value: $1,071,150
  • Market Improvement Value: $347,322

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $979,351

    Sales

  • Current Sale Contract Date: Apr 30, 2015
  • Current Sale Recording Date: Apr 30, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20150158506
  • Previous Sale Recording Date: Jan 31, 1995
  • Previous Sale Contract Date: Jan 26, 1995
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tropical Shores


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Frequently Asked Questions

When was property at 5540 Osprey Drive built and last sold?
The property at 5540 Osprey Drive was built in 1988 and last sold on Apr 30, 2015 for $1,055,000.
How much is this home worth?
The estimated value of the home located at 5540 Osprey Drive is $0.
What are some comparable homes to 5540 Osprey Drive?
There are currently no comparable homes to 5540 Osprey Drive.