21 Hudson Avenue, Ocean Ridge, FL, 33435 | $2,500,000

21 Hudson is situated in the coveted coastal enclave of Ocean Ridge, one of Palm Beach County's best-kept secrets. This beautifully cleared, vacant 0. 40-acre lot on private Hudson Avenue offers an opportunity to build a 6, 500 +/- SF estate tailored to your vision. Conceptual plans are available on request, or bring your architect to design a one-of-a-kind residence. With the potential for a third level, future owners can capture views of both the Ocean and the Intracoastal. At nearly half an acre, this is among the largest fully buildable lots currently available in Ocean Ridge; an exceptional offering in a market defined by limited inventory and refined luxury. . . Opportunities to secure this amount of buildable land in South Florida so close to the beach are increasingly rare, particularly at this price point. Set just off the Intracoastal and a two-minute stroll to the beach, 21 Hudson delivers a sophisticated yet relaxed coastal lifestyle. Enjoy local favorites, including the exclusive Gulf Stream Golf Club, Boynton Harbor Marina, Nomad Surf Shop, world-class dining such as NOBU, and Eau Resort & Spa. Perfectly central, you are just 15 minutes to Atlantic Avenue, 16 minutes to downtown West Palm Beach, and 20 to 25 minutes to Palm Beach Island and Palm Beach International Airport. One of the most undervalued communities in the county, Ocean Ridge remains an "if you know, you know" destination attracting discerning buyers seeking privacy, proximity, and architecturally significant coastal estates. 21 Hudson presents a rare chance to create a legacy property in one of South Florida's most discreet and desirable towns.

Features

  • Zoning: RSF (city)
  • View: Intracoastal, Ocean
  • Elem. School: Forest Park
  • Middle School: Congress
  • High School: Boynton Beach
  • MLS#: B26017642
  • Website: https://www.raveis.com
    /prop/B26017642/21hudsonavenue_oceanridge_fl?source=qrflyer
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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.

Customer Service

888.699.8876

Contact@raveis.com

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

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

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@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

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@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

21 Hudson Avenue, Ocean Ridge, FL, 33435

$2,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,000,000 $2,000,000 $2,000,000
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 N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,991 $12,314 $16,877
Total Monthly Payment $12,116 $12,439 $17,002

* 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.