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Water Glades 200

5550 N Ocean Dr, Singer Island, FL, 33404
Market data compiled by Andres Jara, Licensed Real Estate Broker · Douglas Elliman · Data updated September 27, 2026
84
RESIDENCES
22
STORIES
1975
YEAR BUILT
$659K – $1.3M+
VALUE RANGE

Water Glades 200 is a 22-story oceanfront condominium tower at 5550 N Ocean Dr on the north end of Singer Island, completed in 1975 as part of the three-tower Water Glades community. The complex was designed by architect Paul Balev while principal design architect at EDSA, with buildings angled so that each floor's four corner residences capture sweeping ocean and Intracoastal views. Water Glades 200's 84 residences share the community's 11 acres of landscaped grounds and direct beach access along more than 1,000 feet of private oceanfront, along with two heated pools, a fitness center, tennis courts, a clubhouse, and 24-hour manned gate security. The building is also FHA-approved, a distinction not shared by many Singer Island condominiums. It sits adjacent to MacArthur Beach State Park at the island's quieter northern tip, away from the denser commercial strip further south.

Available Residences at Water Glades 200

2 Bedroom Condos · 4 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
11C$1,250,0002 / 21,435$8713
Listing courtesy of Juan P Olarte, Miami Pro Brokers, LLC, 305-722-7346.
22b$1,210,0002 / 21,435$843406
Listing courtesy of Robert A. Scarmazzo, RE/MAX Ocean Properties, 561-839-1770.
5c$899,0002 / 21,435$626503
Listing courtesy of Geraldine Stanko, Compass Florida LLC, 561-285-4794.
2b$659,0002 / 21,435$459315
Listing courtesy of Michael Parrish, Seawinds Realty, 561-379-5536.
Neighborhood
Singer Island

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

4
Active Listings
▲ 0% vs last month
Avg List Price
$1M
Avg Days on Market
307

INVENTORY BY BEDROOM

  • 2 Bed (4) 100%
Building vs. Market
12% discount to Singer Island
Trades at a 12% discount to the Singer Island average ($611 vs $691/sqft) — potential relative value for buyers.

INVENTORY TREND (ALL UNITS)

630Oct '25Feb '26Jun '26
0
New Listings
last 3 months
$611
Avg Sale $/SqFt
last 36 months
24
Months of Supply
2
Sold
last 12 months

Market & Community Report

As of September 27, 2026, Water Glades 200 carries 4 active listings at an average asking price of $1M, with an average time on market of 307 days. Closed sales over the preceding 36 months averaged $611 per sq ft, and 2 transactions closed in the past 12 months — implying 24 months of supply against the current pace of absorption.

Zip code 33404 (Singer Island) is home to 30,533 residents with a median age of 41.9. Per-capita income stands at $39,543; 27.1% hold a bachelor's degree or higher. 56.4% of units are owner-occupied; 12.7% of residents work from home.

Data current as of September 27, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Water Glades 200

How many condos are for sale at Water Glades 200?

As of September 27, 2026, 4 residences are actively listed for sale at Water Glades 200. Current asking prices range from $659K to $1.3M. Inventory updates daily from the MLS.

How much do condos at Water Glades 200 cost?

Condos at Water Glades 200 are currently asking from $659K to $1.3M. Over the past 36 months, closed sales have averaged $611 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Water Glades 200?

Based on MLS closed sales over the preceding 36 months, the average sale price at Water Glades 200 is $611 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Water Glades 200 located?

Water Glades 200 is located at 5550 N Ocean Dr, Singer Island, FL, 33404, in the Singer Island area.

What neighborhood is Water Glades 200 in?

Water Glades 200 is in Singer Island, Singer Island. You can compare every condo building, home inventory, and price trend across Singer Island on its neighborhood guide.

How many units are in Water Glades 200?

Water Glades 200 has 84 residences across 22 stories.

What year was Water Glades 200 built?

Water Glades 200 was completed in 1975.

What amenities does Water Glades 200 offer?

Water Glades 200 amenities include Private beach access (1,000+ feet of oceanfront frontage), Two heated swimming pools, Fitness center, Tennis courts, 24-hour manned gated security, Clubhouse, Library, Game room / billiards.

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