50 Coconut Lane, Ocean Ridge, FL 33435 (MLS# R10970275)

50 Coconut Lane, Ocean Ridge, FL 33435

$4,000,000
Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 6,349 Status: Closed
Current Price: $4,000,000 List Date: 3/20/2024 Last Modified: 3/29/2026

Overview

Description

This meticulously crafted Turn of the Century Estate, built in 1924 by Ocean Ridge's esteemed founder, seamlessly blends historic charm with contemporary luxury. Nestled on a private acre in the prestigious Ocean Ridge community, this 2-story Spanish-style residence offers sophistication and comfort. Set back from the road for privacy, the estate features 4 bedrooms and 3 bathrooms in the main house, with an additional 2 bedrooms and 2 bathrooms in the separate cottage. Updated kitchen and bathrooms, a family room with an 80'' TV overlooking the heated pool, and a freshly resurfaced tennis court elevate the living experience.

Supplements: The main house boasts spacious living areas, including a family room, dining room, and office, while the cottage offers separate eating and sitting areas. Both are equipped with air conditioning for comfort year-round. Convenient beach access is just a 4-minute walk away, while vibrant Delray, with its lively nightlife and diverse dining scene, is ...

Listing Details MLS# R10970275

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
6
Bathrooms Total
5
Bathrooms Full
5
Building Area Main
6349
Building Area Source
Plans
Living Area Main
4307
Year Built
1924
Carport YN
Yes
Carport Spaces
3
Covered Spaces
3
Gated Community YN
No
Lot Size Area
39422
Lot Size Acres
0.91
Senior Community YN
No
Stories Total
2
Stories
2
Direction Faces
South
Fireplace YN
Yes
Pool Private YN
Yes
Furnished
Partially

Property Features

Electric: Three Phase Flooring: Laminate; Wood Property Condition: Resale Appliances: Microwave; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Entrance Foyer; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Sewer: Public Sewer; Septic Tank Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Source: Well Waterfront Features: Lagoon; Mangrove Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent Contingencies: None Room Types: Den; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2024-03-19
Original List Price
4750000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
50
Street Name
Coconut
Street Suffix
Lane
City Name
Ocean Ridge
State Or Province
FL
Postal Code
33435
Postal Zip
33435
Subdivision Name
BOYNTON BEACH PARK
Area
4120
Geographic Area
PB11
Special Assessment YN
No
Parcel Number
46434527070010070
Zoning
RSF(ci

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
56581.3
Tax Year
2023
Tax Legal Description
BOYNTON BEACH PARK LTS 7 & 8 BLK 1 & 22-45-43, S 25 FT OF W 201 FT OF E 389.47 FT OF SW 1/4

Status Change Information

Major Change Timestamp
2024-05-09T14:45:02Z
Major Change Type
Status Change
Status Change Date
2024-05-09
Under Contract Date
2024-04-15
Close Date
2024-05-09
Close Price
4000000
Buyer Financing
Cash

More Information

Entry Information

Entry Location
Entry Level Living Area Y

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
5
Main Level Bedrooms
6

Storm Protection

Impact Glass
Complete

Showing Details

Pet(s) on Premises
No

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Upper
Den
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
928.72
Original List Price To Close Price
1.18

Originating Details

Originating System Key
20240319224628110087000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

Sidewalks
Yes

Electric

Three Phase
Yes

Flooring

Laminate
Yes
Wood
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes
Septic Tank
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes

Appliances

Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

CBS
Yes

Interior Features

Entrance Foyer
Yes
Walk-In Closet(s)
Yes

Laundry Features

Inside
Yes
Laundry Closet
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Water Source

Well
Yes

Waterfront Features

Lagoon
Yes
Mangrove
Yes

Cooling

Central Air
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Text Listing Agent
Yes

Master Bedroom/Bath

Bidet
Yes
Dual Sinks
Yes
Master Bdrm - Upstairs
Yes
Separate Shower
Yes
Separate Tub
Yes

Pets Allowed YN

Yes
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Contingencies

None
Yes

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes

Room Information

Living Room Length: 24.00 Length: 24.00 Width: 15.00 Width: 15.00 Level: Main Kitchen Length: 17.00 Length: 17.00 Width: 14.00 Width: 14.00 Level: Main Master Bedroom Length: 16.00 Length: 16.00 Width: 15.00 Width: 15.00 Level: Upper Laundry
Listing Office: The Corcoran Group
Last Updated: March - 29 - 2026
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