|
In a gorgeous tropical setting on the beach in Ocean Ridge, this elegant villa commands magnificent ocean panoramas. Loggias, terraces and balconies bring outdoor living indoors, while the estate's interiors are optimized for ocean views. This architectural masterpiece, complete with every amenity accounted for, is one of Palm Beach County's most complete and compelling private lease offerings. Ocean Ridge, Florida: One of the Gold Coast's best-kept secrets, Ocean Ridge is prized for its tranquility, relaxed ambiance, and unspoiled barrier island beauty nestled between the Atlantic Ocean and Intracoastal Waterway. Midway between Palm Beach and Boca Raton, Ocean Ridge is near a variety of boutique shops and gourmet restaurants as well as entertainment, cultural and sport venues, with the added convenience of Palm Beach International Airport a 20±-minute drive away. PROPERTY: On almost an acre of tropically landscaped gardens and sweeping lawns, this gated estate with 130 feet on the ocean invites an elevated outdoor living experience. The expansive loggia, with a summer kitchen and a gas grill, overlooks the heated infinity-edge pool with an overflow spa, while a seaside gazebo serves as a picturesque ocean-view perch. The detached guest house also serves as a cabana, with a living room, kitchenette, bedroom and full cabana bath. RESIDENCE: Resembling a Mediterranean villa reminiscent of the South of France, this lavishly furnished oceanfront six-bedroom, 12, 968± total-square-foot estate blends elegance with ease that elevates resort-style living to a new level of luxury. Through double glass doors adorned with wrought iron, the grand entry foyer unfolds past the dramatic circular staircase set within a tower and flows through colonnaded galleries to the magnificent salon, crowned by a soaring two-story ceiling. A gas fireplace, topped by a striking overmantel trumeau, creates a welcoming ambience, while four sets of French doors to the ocean-view loggia invite the outside in. For a moment of quiet respite, step into the library, featuring custom built-in cabinetry, a coffered ceiling and French doors that also open to the ocean-view loggia and pool. From the gracious dining room, a butler's pantry accesses the cook-island kitchen, fitted with custom wood cabinetry, granite countertops, and professional-grade appliances. In an open layout, the kitchen adjoins an intimate ocean-view breakfast area and the family room with a large wet bar. Completing the first-floor layout are an ensuite guest bedroom and a laundry room. Upstairs, the primary suite, an oasis of serenity, opens to a large ocean-view balcony. Details of the suite include a coffered ceiling, gas fireplace, custom-fitted walk-in closets and a spa-inspired light-filled bathroom fitted with dual vanities, a soaking tub, a walk-in shower and two water closets. The VIP guest bedroom suite, which also opens to an ocean-view balcony, comprises banks of wall closets and a large bathroom with double sinks, a spa tub and walk-in shower. Perfect for children, one of the guest bedroom suites is fitted with built-in beds, and its ensuite bathroom is finished with whimsical wave-patterned decorator tile in the shower, while the vanity with dual sinks features luminescent undercounter lighting. On the lower level are staff quarters and access to the garages that accommodate three cars. With vast ocean views, complete architectural harmony and every amenity accounted for, this is one of Palm Beach County's most complete and compelling private lease offerings. The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2024 by the listing company. All Rights Reserved.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$125,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $100,000 | $100,000 | $100,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $552 | $592 | $797 |
| Total Monthly Payment | $627 | $667 | $872 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.