5000 North Ocean Homes for Sale

5000 North Ocean Condo is a luxury gated, waterfront, luxury community in Singer Island, Palm Beach County, Florida. Properties are priced from $6,400,000 to $6,600,000. Pure Equity lists homes in 5000 North Ocean and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers 5000 North Ocean and the Singer Island area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows a single listing for 5000 North Ocean Singer Island homes for sale as of October 2026. The median asking price is $6.5M.

That is 720% above the Singer Island median of $793,000. On a per-foot basis, homes here ask about $1,731 per square foot, compared with $569 across Singer Island. So the median price buys roughly 3,750 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 53 days on the market. That is faster than the Singer Island average of 142 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in 5000 North Ocean date from 2020, so they are about 6 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

5000 North Ocean is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

5000 North Ocean includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

5000 North Ocean has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

At a median near $6.5M, 5000 North Ocean sits in the luxury tier of Singer Island. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in 5000 North Ocean have a median asking rent of $28,000 per month, across 1 active rental listing. For comparison, the Singer Island median is $7,000, so rents here run 300% higher.

You can browse current Singer Island rentals or ask us for a rent estimate on a specific 5000 North Ocean home.

Here is what the median 5000 North Ocean price means in Florida closing terms. At $6.5M, a 20% down payment comes to about $1.3M, leaving a loan near $5.2M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $18,186. Next, the intangible tax of 0.2% adds about $10,392. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the 5000 North Ocean median, that is about $45,465.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent 5000 North Ocean listings show assignments to Lincoln (elementary), John F. Kennedy (Palm Beach) (middle) and William T. Dwyer (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.