50 Coconut Lane, Ocean Ridge, FL 33435

$3,895,000
5
BD
5
BA
4,307
SqFt
List Price
$3,895,000
Price Change
▼ $400,000 1614648696
MLS#
RX-10685398
Bedrooms
5
Bathrooms
5
Sq. Ft
4,307
Subtype
Single Family Detached
County
Palm Beach
Community
Boynton Beach Park In
Subdivision
Boynton Beach Park In
Year Built
1924

Property Description

Revel in this one-of-a-kind decadent beach block compound for sale in Ocean Ridge. Head-turning style and extraordinary location provide you with the epitome of South Florida luxury living. With two separate buildable lots, the home bestows timeless elegance with a splendid modern twist, you'll enjoy touches of Old Florida elegance at every corner with upgrades fit for contemporary living. From the original pecky cypress ceilings and Spanish arched windows & doorways, to the wood beamed ceilings and classic fireplace, the home exudes charm and character throughout. Featuring 4 bedrooms, 3 baths, 5,140 total square foot main house and; a separate detached guest house with 2 bedrooms, 2 baths, 528 AC sqft and 1,209 TSF. Threading the line where luxury meets convenience, this property offers a resort-style pool and personal tennis court, all just moments to your own beach access point. Drenched in natural light this home delivers the bright and airy atmosphere on everyone's dream home checklist. Sophistication awaits as you step through the idyllic cypress front doors, over the gleaming marble floors, into the architecturally-detailed floorplan. Tranquility is found in each of the four bedrooms, all of which offer en-suite baths for ultimate privacy and ease of routine. For the home chef, the gourmet kitchen imparts an efficient canvas for all of your culinary dreams. Ample storage space, center island design and marble countertops set the stage for your own personal customization. Experience the opulent lifestyle you deserve, equipped with expansive entertaining spaces, picturesque Spanish courtyard and covered parking to accommodate up to six vehicles. Interested in the idea of profiting from this investment without selling? This property generates $30,000 per month through seasonal rental. The possibilities are endless in this sunshine-filled beachside haven!

Additional Information

Carport
3
Front Exposure
South
Governing Body
None
Hoa
Yes
Pets Allowed
Allowed
Status Label
ACTIVE
Construction
CBS, Frame
Cooling
Central
Equipment
Microwave, Refrigerator, Washer
Flooring
Laminate, Tile, Wood Floor
Furnished
Unfurnished
Heating
Central
Lot Description
1/2 to < 1 Acre
Parking
2+ Spaces, Carport - Detached, Driveway
Rooms
Den/Office, Laundry-Inside, Laundry-Util/Closet
Bedroom Description
Bidet, Dual Sinks, Mstr Bdrm - Upstairs, Separate Shower, Separate Tub
Taxes
$34,297
View
Lagoon
Total Floors
2
Private Pool
Yes
Waterfront
Interior Canal, Lagoon, Mangrove
Stories
2
Utility
Cable, Electric, Public Sewer, Septic, Well Water
Price Per Acre
39393050.4
Price Per Sqft
$904

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of The Corcoran Group.