Seller's Agent in 2024
Christian Prakas
Serhant
(561) 929-7999
5 in this area
66 Total Sales
18 E Ocean Ave Ocean Ridge, FL 33435
Estimated Value: $5,472,000 - $5,954,000
5
Beds
7
Baths
5,170
Sq Ft
$1,118/Sq Ft
Est. Value
Highlights
- Private Pool
- Formal Dining Room
- Separate Shower in Primary Bathroom
- No HOA
- 4 Car Attached Garage
- Central Heating and Cooling System
About This Home
As of April 2024We 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. Featuring nearly 5,200 square feet under air, this home offers an intentionally designed open floor plan beckoning you into the grand foyer, the great room with a full wet bar, and onto an impressive chef's kitchen. Continuing through the breakfast area and family room, you are drawn toward the resort style backyard offering an oversized covered loggia complete with a custom pool and spa, summer kitchen, gas fireplace and a cabana bath. The first level of the estate provides an expansive and private Owner's wing on the east side of the home which is complimented by his & hers walk-in closets and dazzling master bath. Four impeccable guest retreats are featured on the second level, including a VIP Master Suite with an oversized balcony. Perfection takes time, estimated completion Q1 2024. Don't miss out on the only new construction home for sale in Ocean Ridge.
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
- South Facing Home
- Sprinkler System
Parking
- 4 Car Attached Garage
Home Design
- Tile Roof
- Concrete Roof
Interior Spaces
- 5,170 Sq Ft Home
- 2-Story Property
- Formal Dining Room
Kitchen
- Microwave
- Dishwasher
- Trash Compactor
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Split Bedroom Floorplan
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Pool
- Private Pool
- In Ground Spa
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Boynton Beach Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 46434527070030060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,759
Avg. Annual Appreciation
0.71%
Purchase Details
Closed on
Apr 4, 2022
Sold by
54 W Ocean Ave Llc
Bought by
18 Ocean Llc
Purchase Details
Closed on
Mar 19, 2021
Sold by
Laflin Timothy C and Laflin Barbara D
Bought by
54 W Ocean Ave Llc
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%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mark D Booth Revocable Trust | $5,700,000 | Patch Reef Title | |
| Mark D Booth Revocable Trust | $5,700,000 | Patch Reef Title | |
| 18 Ocean Llc | -- | 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 | $202,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 (Greater Fort Lauderdale)
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 |
|---|---|---|---|---|
| 2025 | $16,778 | $4,964,065 | -- | -- |
| 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
-
JACQUELINE MARKS
J
Buyer's Agent in 2024
JACQUELINE MARKS
Douglas Elliman
(561) 655-8600
1 in this area
7 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R10890007
APN: 46-43-45-27-07-003-0060
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