11501 Old Ocean Boulevard, Ocean Ridge, FL, 33435 | $2,850,000

Located in the oceanfront community of Gulf Stream Views, 11501 Old Ocean Blvd is a luxury townhome completed in 2021. The home is a corner unit townhouse with 4 bedrooms, 4 full and one half baths, a private pool, and unparalleled ocean views. The smart home features the highest end finishes, floor-to-ceiling windows and sliders on each level, and an elevator to every floor including the roof deck which offers 360 degree views.

The first floor boasts an oversized two car garage with built in storage, a laundry room, and a spacious family room with a morning bar, walk-in closet, and ensuite bath. An additional door has been installed to allow the room to be used as a VIP suite. The ground floor opens to a private walled-in backyard with heated salt-water pool and outdoor shower. On the second floor of the home, you will find a stunning kitchen open to the dining and great rooms with floor-to-ceiling impact windows, flooding the space with sunlight and offering gorgeous ocean views. The European-style chef's kitchen boasts quartzite countertops and backsplash, an oversized island, Wolf induction cooktop and oven, Subzero refrigerator, Bosch dishwasher and microwave, a wine refrigerator and storage, and custom wood cabinetry. The second floor of the home also offers a guest suite with walk-in closet and ensuite bath, providing added privacy for guests. A balcony and designer powder room can also be found on the second floor. The home's third floor boasts an additional guest room with ensuite bath and ample closet space, an additional laundry area, and the primary suite. The suite is a true sanctuary with ocean views, a spacious bedroom, a private balcony, walk-in closet and spa-like bathroom with double vanities, a walk-in shower, and separate tub. On the fourth floor of the home you will find a portico perfect for office space or bar area as well as an expansive roof deck offering sweeping 360 degree views including breathtaking ocean vistas. The roof deck has been outfitted with retractable shades on all sides as well as a luxurious summer kitchen. This space is perfect for enjoying the ocean breeze while entertaining, watching the sunrise with your morning coffee, or taking in the sunset over the intracoastal with a cocktail at the end of the day. Other whole-house details include electric shades as well as screens to enjoy the ocean breeze, hard wood floors, and built-in speakers throughout. Designed by renowned architect Richard Jones, 11501 Old Ocean boulevard is located in Gulf Stream Views, an 14-unit gated, oceanfront, luxury community located on the prestigious Old Ocean Boulevard just minutes to Palm Beach and Downtown Delray. The complex is pet friendly and comes with private beach access as well as a boardwalk with outdoor shower. This is beachfront living at its finest. PLEASE SEE VIDEO TOUR OF THE PROPERTY IN THE LISTING!

Features

  • Amenities: Beach Access, Parking, Private Beach Pavilion
  • Rooms: 6
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Inside
  • Style: Colonial
  • Year Built: 2022
  • Garage: 2-car Attached
  • Heating: Central, Electric
  • Cooling: Central Air, Electric, Zoned
  • Approx Sq. Feet: 3,364
  • Est. Taxes: $32,665
  • HOA Fee: $2,141 Monthly
  • View: Garden, Intracoastal, Ocean
  • Water Front: Yes
  • Elem. School: Forest Park
  • Middle School: Congress
  • High School: Atlantic
  • Pool: Heated, Salt Water
  • Pet Policy: Yes, No Restrictions
  • Appliances: Electric Water Heater, Cooktop, Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
  • MLS#: RX-11146255
  • Website: https://www.raveis.com
    /prop/RX-11146255/11501oldoceanboulevard_oceanridge_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

William Raveis Family of Services

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.

Jane ClaytonLuxury Properties Specialist

781.883.4288

Jane.Clayton@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

11501 Old Ocean Boulevard, Ocean Ridge, FL, 33435

$2,850,000

Jane Clayton

Luxury Properties Specialist

William Raveis Real Estate

Phone: 781.883.4288

Jane.Clayton@Raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,280,000 $2,280,000 $2,280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 5.750% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.046% 5.846% 5.700%
Monthly Tax Payment $2,722 $2,722 $2,722
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,590 $13,305 $18,630
Total Monthly Payment $15,437 $16,152 $21,477

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.