NOT LISTED FOR SALE

18 E Ocean Ave Ocean Ridge, FL 33435

Estimated Value: $1,937,000 - $6,055,000

5 Beds
7 Baths
5,170 Sq Ft
$946/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $5,700,000 $1,103 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $26,959/month

153 Days on Market

Highlights

  • Private Pool
  • Formal Dining Room
  • Separate Shower in Primary Bathroom
  • High Ceiling
  • 4 Car Attached Garage
  • Wet Bar

About This Home

As of April 2024

We invite you to experience 18 Ocean, the last available estate at The Reserve in Ocean Ridge. This stunning new construction draws inspiration from world class resorts and contemporary architecture to deliver an exquisite 5 bedroom, 7 bathroom home with soaring ceilings, floor to ceiling impact glass and so much more.Crafted for only the most discerning clients, this home is a quick jaunt to famed Palm Beach Island and just moments to lively Atlantic Avenue in Delray. Situated on the barrier island, Ocean Ridge is flanked in white sand beaches, and has no commercial or condo buildings. This estate begets privacy and exclusivity.

Last Agent to Sell the Property

Christian Prakas

Serhant License #3530110 Listed on: 05/15/2023

Serhant

Last Buyer's Agent

JACQUELINE MARKS

Douglas Elliman License #3488509

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,465

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 170 x 100
  • Sprinkler System
  • Property is zoned RSF

Parking

  • 4 Car Attached Garage

Home Design

  • Concrete Roof

Interior Spaces

  • 5,170 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Private Pool
  • In Ground Spa

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Boynton Beach Park Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 46434527070030060

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,465

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East of the Intracoastal on the N side of Ocean Ave.
  • Year Built: 2023
  • Year Built Details: Under Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Entrance Foyer, High Ceilings, Living/Dining Room, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Tile
  • Living Area: 5170.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Under Construction
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 46434527070030060
  • Lot Size: 170 X 100
  • Lot Size Sq Ft: 16980.0
  • Zoning Description: RSF
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 14465.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Apr 5, 2024
Sold by
18 Ocean Llc
Bought by
Mark D Booth Revocable Trust and Colette M May Living Trust
Seller's Agent
Christian Prakas
Serhant
Buyer's Agent
JACQUELINE MARKS
Douglas Elliman
List Price
$5,790,000
Sold Price
$5,700,000
Premium/Discount to List
-$90,000
-1.55%
Views
110
Current Estimated Value
$4,668,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,031,502
Avg. Annual Appreciation
-13.30%

Purchase Details

Closed on
Mar 19, 2021
Sold by
Laflin Timothy C and Laflin Barbara D
Bought by
54 W Ocean Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,800
Interest Rate
2.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 11, 1993
Sold by
Renz Robert M and Renz Joan M
Bought by
Laflin Timothy C and Laflin Barbara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.26%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mark D Booth Revocable Trust $5,700,000 Patch Reef Title
54 W Ocean Ave Llc $1,300,000 None Available
Laflin Timothy C $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laflin Timothy C $475,800
Previous Owner Laflin Timothy C $164,000
Previous Owner Laflin Timothy C $30,000
Previous Owner Laflin Timothy C $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $5,700,000 -1.6% $1,103 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $5,790,000 -- $1,120 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,778 $920,940 -- --
2023 $18,873 $1,027,835 $1,027,835 $0
2022 $14,465 $756,431 $0 $0
2021 $6,794 $381,968 $0 $0
2020 $6,696 $376,694 $0 $0
2019 $6,670 $368,225 $0 $0
2018 $6,287 $361,359 $0 $0
2017 $6,205 $353,927 $0 $0
2016 $6,242 $346,647 $0 $0
2015 $6,385 $344,237 $0 $0
2014 $6,397 $341,505 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christian Prakas

    Seller's Agent in 2024

    Christian Prakas

    Serhant

    (561) 929-7999

    4 in this area

    63 Total Sales

    Section Image

  • J

    Buyer's Agent in 2024

    JACQUELINE MARKS

    Douglas Elliman

    (561) 655-8600

    1 in this area

    7 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10890007

BeachesMLS

APN: 46-43-45-27-07-003-0060

Florida Palm Beach County Ocean Ridge 33435

18 E Ocean Ave, Ocean Ridge, FL

This home is located at 18 E Ocean Ave, Ocean Ridge, FL 33435 since 15 May 2023 and is currently estimated at $4,890,224, approximately $945 per square foot. This property was built in 2023. 18 E Ocean Ave is a home located in Palm Beach County with nearby schools including Forest Park Elementary School, Boynton Beach Community High School, and Congress Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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