NOT LISTED FOR SALE

20 E Ocean Ave Ocean Ridge, FL 33435

Estimated Value: $4,086,000 - $4,948,000

4 Beds
6 Baths
4,264 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $4,600,000 $1,079 Per Sq Ft

Current estimated payment $29,233/month

23 Days on Market

Highlights

  • Private Pool
  • Formal Dining Room
  • Separate Shower in Primary Bathroom
  • No HOA
  • 3 Car Attached Garage
  • Wet Bar

About This Home

As of December 2023

20 Ocean Ave is the first of two incredible homes of The Reserve at Ocean Ridge, the vision of Herzog Development brought to life by Southshore Builders. This gorgeous rustic, transitional home was inspired by world class 5 star resorts. This home is just steps from the beautiful Ocean Ridge beaches, minutes from lively Atlantic Ave and a short jaunt to famed Palm Beach island. This exquisite custom home features nearly 4,300 sf under air, an oversized covered outdoor loggia and summer kitchen, 4 bedrooms, 4 full and 2 half baths and a 3 car garage. This home boasts soaring ceilings leading from the grand foyer to a luxe club room then out to a beautiful outdoor pool designed for the most discerning of luxury owners and guests via full wall sliding impact doors. A gorgeous open chef's kitchen flows into the great room then to the oversized covered loggia encompassing a summer kitchen and gas fireplace. The grounds are complemented by resort style landscaping and a world class pool and spa inspired by world renown 5 star resorts. The home features an awe-inspiring master suite with an oversized master bath and large his and hers' walk in closets. There is a large VIP suite with its own separate entrance, 2 en-suite guest retreats and a dedicated cabana bath off the pool deck. Only the finest materials and finishes are used at The Reserve at Ocean Ridge. Every day will feel like a luxurious spa day at this stunning resort inspired custom home. Perfection takes time, estimated completion Q4 2023. Don't miss out on the only new construction home for sale in Ocean Ridge.

Last Agent to Sell the Property

Christian Prakas

Serhant License #3530110 Listed on: 04/11/2022

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,281

Year Built

  • Built in 2023

Lot Details

  • 0.39 Acre Lot
  • South Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,264 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar
  • Entrance Foyer
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Boynton Beach Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46434527070030070

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,281

Year Built

Built in 2023

Lot Details

0.39 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: E of the intracoastal on the N side Ocean Ave
  • Year Built: 2023
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Wet Bar, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Main Level Primary, Soaking Tub, Separate Shower, Bar, Walk-In Closet(s)
  • Main Level Bedrooms: 4
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: Entry Level Living Area Y
  • Living Area: 4264.0
  • Stories: 1

Exterior Features

  • Exterior Features: Built-in Barbecue, Barbecue, Outdoor Kitchen, Outdoor Living Area
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Property Condition: To Be Built
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 46434527070030070
  • Lot Size Acres: 0.39
  • Lot Size: 100.0 ft x 170.0 ft
  • Lot Size Sq Ft: 16988.4
  • Mobile Dim Units: Feet
  • Zoning: RSF

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 14281.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Dec 22, 2023
Sold by
20 Ocean Llc
Bought by
Feigin Boris
Seller's Agent
Christian Prakas
Serhant
List Price
$4,300,000
Sold Price
$4,600,000
Premium/Discount to List
$300,000
6.98%
Views
43
Current Estimated Value
$4,581,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,294
Avg. Annual Appreciation
-0.18%

Purchase Details

Closed on
Apr 4, 2022
Sold by
54 W Ocean Ave Llc
Bought by
20 Ocean Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Feigin Boris $4,600,000 Patch Reef Title
Feigin Boris $4,600,000 Patch Reef Title
20 Ocean Llc -- Patch Reef Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $4,600,000 +7.0% $1,079 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $4,300,000 -- $1,008 / 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 $67,837 $3,686,383 -- --
2024 $67,837 $3,723,546 -- --
2023 $19,036 $1,036,710 -- --
2022 -- $756,431 -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10791065

BeachesMLS (Greater Fort Lauderdale)

APN: 46-43-45-27-07-003-0070

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