23 Coconut Lane, Ocean Ridge FL 33435, OCEAN RIDGE, FL, 33435
Active117 days on marketListed Apr 14, 2026MLS #B26015513
About this home
23 Coconut Lane, Ocean Ridge FL 33435
Tucked away at the end of a quiet, private lane in the exclusive coastal enclave of Ocean Ridge, 23 Coconut Lane offers a rare opportunity to own nearly half an acre just moments from the beach. Set on an expansive 19,000+ square foot lot, this residence delivers the perfect blend of privacy, scale, and South Florida lifestyle. Completely gut renovated from the shell and reimagined into a 2026 Ocean Ridge masterpiece, this home offers the feel of new construction with the character and setting of an established coastal neighborhood. As you enter, you're welcomed by a grand open foyer, complemented by custom wine storage and a spacious office/den—ideal for working from home or a quiet retreat. The home then opens into a light-filled living room that flows seamlessly into the formal dining area, creating an inviting setting for both everyday living and entertaining. The kitchen is truly the heart of the home—designed for both a chef and a designer's eye—featuring an oversized island, Wolf gas appliances, custom panel refrigerator, wine cooler, ice maker, and a generous walk-in pantry. The space opens effortlessly to a cozy breakfast nook and informal living area, all overlooking the pool and expansive outdoor loggia. Upstairs, accessible by two beautifully designed staircases, you'll find four oversized bedrooms, each with en-suite bathrooms. The primary suite is a true retreat, offering stunning views of the backyard, a spa-like bath with an oversized shower, freestanding tub, dual vanities with a dedicated makeup area, separate his-and-her water closets, and expansive custom closets. One of the most impressive features of the home is the extensive wraparound balconies and terraces accessible from every upstairs bedroom—providing incredible views of the lush, private grounds and enhancing the indoor-outdoor lifestyle. The outdoor experience is equally exceptional, featuring a covered loggia overlooking a serene preserve, a fully equipped summer kitchen, private outdoor shower, and a cabana bath designed for seamless poolside living. With over 6,000 total square feet, 4 bedrooms, and 5.5 bathrooms, this home offers both immediate enjoyment and long-term value in one of South Florida's most desirable, low-density beachside communities. Private. Expansive. Coastal living at its best.
Facts & features
The home at a glance
4
Bedrooms
5.5
Bathrooms
6,691
Sqft
0.45 ac
Lot size
2
Garage
2002
Year built
2
Levels
$1,119
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$46,146 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$46,146/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Ocean Ridge actives
$1,119 vs $665
Days on market
117 vs 72 typical
Where $1,119/sqft sits among the 38 Ocean Ridge actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Ocean Ridge
Get to know Ocean Ridge. See the full Ocean Ridge guide →
OCEAN RIDGE 33435 — neighborhood snapshot
Population
36,984
Median age
42.9
Median income
$66,612
Median home value
$306,900
Avg household
2.51
Households w/ children
2,805
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ocean Ridge market
$1.4M → $1.7M
Ocean Ridge median sold, yr/yr
93.5%
Sale-to-list ratio (12 mo)
2 of 38
Ocean Ridge actives have cut their price
This home is listed 5328% above the OCEAN RIDGE 33435 median. See the full Ocean Ridge market guide →
Paper trail
This home's history
Reality check
What actually sold near 23 Coconut Lane
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$2,100,000
21 Hudson Avenue, Ocean Ridge FL 33435 · same community
6 bd · 6.5 ba · 6,054 sqft · $347/sqft · 13 DOM
Sold · Feb ’26$2,200,000
41 Coconut Lane, Ocean Ridge FL 33435 · same community
3 bd · 2 ba · 2,116 sqft · $1,040/sqft · 48 DOM
Sold · Oct ’25$1,575,000
12 E Ocean Avenue, Ocean Ridge FL 33435 · same community
2 bd · 3 ba · 1,983 sqft · $794/sqft · 219 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 23 Coconut Lane — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 23 Coconut Lane — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
23 Coconut Lane FAQs
What would the monthly payment be for 23 Coconut Lane, Ocean Ridge FL 33435?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $46,146/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 23 Coconut Lane, Ocean Ridge FL 33435?+
The most recent tax bill on record (2025) was $33,133. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 23 Coconut Lane, Ocean Ridge FL 33435?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Ocean Ridge?+
At $7,490,000, this home is listed about 451% above the Ocean Ridge median of $1,360,000. The market section on this page shows how the area is trending.
Which schools are assigned to 23 Coconut Lane, Ocean Ridge FL 33435?+
Forest Park Elementary School (elementary), Congress Community Middle School (middle), Boynton Beach Community High (high), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$7,490,000 runs 5328% above the OCEAN RIDGE 33435 median — but at 6,691 sqft it's also nearly 5 times the size of the typical Ocean Ridge listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $7,950,000, now $7,490,000 — a $460K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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