Riviera Beach, Florida, USA — 2-Bed Beachfront Residence With Private Beach

2Bedrooms

2.5Bathrooms

160 m²Living area

45Nights / year

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I'm interested

About This Property

On Singer Island, in a beachfront tower run by one of the world's great five-star hospitality names, this 1,725 sq ft residence opens through a private elevator foyer onto a wraparound terrace with water on both sides — the Atlantic one way, the Intracoastal the other. Two bedrooms plus a flex room, two and a half baths, and the quiet that comes with being north of the crowds.

What you are really buying is the service. A private beach with chair and umbrella service, two resort-style pools with whirlpool spas and poolside dining, a tennis court, a fitness centre, a screening room, and 24-hour concierge and valet. It is residential living with a hotel underneath it. The Palm Beaches spread out from here — Worth Avenue, the Norton Museum, 145 golf courses across the county, and the polo and equestrian season in Wellington from January through April.

Features & Amenities

Private Beach With Chair & Umbrella Service
Two Resort-Style Pools
Tennis Court & Fitness Center
24-Hour Concierge & Valet
Private Elevator Foyer
Wraparound Terrace
Pet Friendly
Short-Term Rentals Permitted

Location

Riviera Beach, Florida, USA

How Co-Ownership Works

You own 1/8 of the homeReal ownership of the home — not a timeshare, not points.
45 nights a yearStays are scheduled fairly between the co-owners across the whole year.
Costs are sharedYou pay 1/8th of the home's total running costs, shared between all owners.
Fully managedMaintenance, cleaning and scheduling are handled for you — just arrive and enjoy.
You set the resale priceThe share then goes on the open market.
Transfer to your loved onesPass your share on to your children or loved ones, so your family can enjoy the home for generations.

What a night here really costs

Owning a piece of this home, renting something similar, or buying a whole home like it: the cost per night you'd stay, side by side.

Prefilled with this home: $301k for a 1/8 share of a $2.4M home.

Nights a year you'd stay 45A similar holiday rental, per night$Your estimate, averaged over the weeks you'd go.Years you'd keep it 10 years

Assumptions

Running costs a year% of valueManagement, insurance, upkeep. Shared between the owners.Buying taxes and fees%Selling costs%Change in value a year%What the money could earn elsewhere% a year

Example figures: change them to your own. This home's real running costs are a button away below.

What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.

Rent every year

$800

per night you stay

Real cost over 10 years: $360,000
Money tied up: None
Back when you sell: Nothing
Nights a year: 45

Co-own a 1/8 share

$469

per night you stay

Real cost over 10 years: $211,130
Money tied up: $325,080
Back when you sell: $285,950
Nights a year: about 45

Buy the whole home

$3,753

per night you stay

Real cost over 10 years: $1,689,043
Money tied up: $2,600,640
Back when you sell: $2,287,600
Nights a year: 45 of 365

At 45 nights a year, owning a share works out at $469 a night: $331 a night less than renting and $3,284 less than owning the whole home for the same stays.

Per night = what you pay in (price, taxes, running costs, and what the money could have earned) minus what you get back when you sell, divided by the nights you stay. It assumes the home is worth the same when you sell; a share can appreciate in value, so change that under Assumptions if you like.

What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.

Want the real numbers for this home?

We'll send its yearly running costs with the full photos and floor plans.