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A true beachfront treasure is now available for the very first time, proudly offered by its original owner.
This 2-bedroom, 2. 5-bath residence is a character-filled coastal retreat with rich textural finishes. Terracotta tile floors, plantation shutters, natural wood accents, and layered living spaces create an inviting atmosphere that feels both timeless and effortlessly relaxed. Lovingly cared for throughout the years, the home is move-in ready while offering the opportunity to personalize over time or renovate now.
The residence features two private balconies. An east-facing terrace off the living room captures beautiful ocean views and sunrise skies, seamlessly blending indoor and outdoor living. The spacious primary suite enjoys its own north/northwest-facing balcony with private access from both the bedroom and the primary bath -- creating a serene retreat with natural light and coastal breezes.
Ocean Place is an intimate boutique oceanfront community comprised of just 30 residences along one of Delray Beach's most desirable stretches of sand. Residents enjoy private, key-access beach entry, a tranquil courtyard pool and spa, private elevators, assigned gated garaged parking, onsite management, grill area, bike storage, in-unit laundry, and a dedicated storage area in the west building garage. The Association maintains a beach cleaning contract to preserve the shoreline year-round.
Leasing allowed right away (4-month minimum, 1x a year). The building allows up to two dogs per residence (maximum 35 lbs at maturity; certain breed restrictions apply), a rare benefit among oceanfront condominiums.
Perfectly positioned just minutes from the vibrant dining and nightlife of Atlantic Avenue and conveniently located between Palm Beach International Airport and Fort Lauderdale-Hollywood International Airport, this residence offers effortless access for seasonal or year-round living. Mizner Park and the best of Boca Raton are just a short drive away.
Ocean Place is an unassuming development for those looking for a boutique build. With only 30 residences (12 in East building and 18 in west building), dual balconies, ocean views, private beach access, and meticulous ownership history, this is one of East Delray's most exclusive and rarely available opportunities.
* Some images have been virtually staged to illustrate the property's potential with coastal-inspired furnishings and light cosmetic updates. Virtual renderings are for illustrative purposes only. *
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $529 | $529 | $529 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,211 | $6,379 | $8,742 |
| Total Monthly Payment | $6,865 | $7,033 | $9,396 |
* 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.