5000 N OCEAN DR 602, RIVIERA BEACH, FL 33404
Parcel: 56434222410000602 · Condo · Zoning: 004
Assessed Value (2025)
$3,030,000
Property Details
Year Built
2020
Sales History
1
$1,800,000
2024-02-01
2
$1,800,000
2024-02-15
Tax Assessment History
$3,030,000
Assessed (2025)
$3,030,000
Market Value
$3,005,000
Taxable Value
$61,179
Annual Tax
2025
$3,030,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $3,030,000 | $3,030,000 | $3,005,000 | $61,179 | $ | $ |
About 5000 N OCEAN DR 602, RIVIERA BEACH, FL 33404
5000 N OCEAN DR 602, RIVIERA BEACH, FL 33404 is a property built in 2020. The property is currently owned by GHAFARY MOHAMMAD, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2024-02-15 for $1,800,000. The 2025 assessed value is $3,030,000 with a market value of $3,030,000. The property has the following tax exemptions: ex_9, ex_11, ex_12, ex_13, ex_14, ex_15, ex_16, ex_17, widow, veteran_10pct, disability_civilian, total_permanent_disability.
There are active mortgage liens totaling $414,414 recorded against this property. 5000 N OCEAN DR 602, RIVIERA BEACH, FL 33404 is located in RIVIERA BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this RIVIERA BEACH property are sourced from palm_beach County public records.
The complete ownership history of this property spans from 2024 to 2024, with 2 recorded transactions in the public record. The current assessed value represents 168% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
GHAFARY MOHAMMAD
5000 N OCEAN DR UNIT 602, RIVIERA BEACH, Florida, 33404
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$16,762 — $28,070
Flood $400 — $800
Property/Wind $16,362 — $27,270
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood 33404
55.5%
Owner-Occ
44.5%
Investor
8,209
Flips (4yr)
3,378
New Biz (3yr)
Distress Risk
MODERATE
31
Mortgages
ACTIVE
$975,000
WATERMAN BANK · 2023-05-02
Est. Total Balance $414,414
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.