Built in 1977, at 3400 North Ocean Drive, Oceantree is one of the most attractive properties in Singer Island’s real estate market. It is a 20-story building that is situated on a 400 feet piece of ocean front property at Singer Island’s end to the south. The condominium tower has a total of 146 housing units, most of which are two bedrooms with 2 and 2.5 baths.
Each floor has 8 two bedroom units that provide amazing views of the beach, the turquoise blue waters of the ocean as well as the Intracoastal Waterway. The interior units range from 1550 to 1750 living square feet in size. Renting is allowed twice annually, with a 90-day minimum and 1-year lease renewals upon approval by the association. The monthly condo fees may vary with the unit’s size.
Some of the amenities of Oceantree include Jacuzzi spa, two heated pools, clubhouse showers, park-like walkways through the ocean dunes and lush oceanfront landscapes, picnic areas, BBQ area, tennis courts, party room, owner’s lounge, card room, and fitness facilities, among others. There are also interior laundry facilities as well as 24-hr concierge services. There are a spacious garage parking and 3 elevators for easy access to the top floor units. Management is onsite.
According to DREA, it is important to consider location when leasing or buying a condo unit, whether for residential or investment purposes. Even though pets are not allowed in the Oceantree, it can be a worthwhile investment, especially since the location is well accessible, with banks, grocery stores, restaurants and gas stations only a walking distance away.