18 E Ocean Avenue, Ocean Ridge, FL, 33435 | $7,750,000

Beautifully finished and move-in ready, this like-new residence offers a rare opportunity just moments from the pristine beach's in the coveted Town of Ocean Ridge. Set on nearly a 17, 000-square-foot lot, this home features soaring ceilings, a first-floor primary suite, and abundant natural light throughout. Professionally decorated with custom wall coverings and elegant window treatments, every detail has been thoughtfully curated. Enjoy a resort-style pool and spa, expansive covered outdoor living area, four-car garage, and the added peace of mind with Ocean Ridge's dedicated police department. Just minutes from the renowned dining and shopping of Delray Beach and Palm Beach, private clubs, and international airports, this is coastal luxury at its finest. Move right into a like-new coastal residence where timeless architecture meets professionally curated interiors. Set on nearly a 17, 000-square-foot lot just moments from the beach, this exceptional five-bedroom home showcases soaring ceilings, expansive living spaces, a first-floor primary suite, and abundant natural light. Offering an effortless lifestyle, it is a rare opportunity to enjoy a designer-finished home in one of Ocean Ridge's most desirable locations. Thoughtfully decorated with custom wall coverings and elegant window treatments that bring warmth, sophistication, and cohesion throughout the home. Beautifully finished and completely move-in ready, the residence offers the luxury of enjoying a professionally designed home without the time, expense, or uncertainty of decorating from scratch. Designed for both relaxed everyday living and exceptional entertaining, the expansive covered outdoor living area overlooks a resort-style pool and spa, all surrounded by beautifully landscaped grounds that enhance the home's private, estate-like setting. A four-car garage and full-house generator provide comfort and convenience, while the Town of Ocean Ridge offers the added peace of mind with its own dedicated police department. Just minutes from pristine beaches, world-class dining, shopping, and private clubs, this is coastal luxury at its finest.

Features

  • Rooms: 3
  • Bedrooms: 5
  • Baths: 5 full / 2 half
  • Lot Size: 100 x 170
  • Laundry: Inside, Laundry Room
  • Year Built: 2024
  • Garage: 4-car Attached
  • Heating: Central, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 5,710
  • Acreage: 0.39
  • Lot Size: 100 x 170
  • Est. Taxes: $89,825
  • View: Pool
  • Elem. School: Forest Park
  • Middle School: Congress
  • High School: Boynton Beach
  • Pool: Heated, In Ground
  • Pet Policy: Yes, No Restrictions
  • Appliances: Dryer, Dishwasher, Gas Range, Refrigerator, Washer, Freezer
  • MLS#: B26050593
  • Website: https://www.raveis.com
    /eprop/B26050593/18eoceanavenue_oceanridge_fl?source=qrflyer
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Listing courtesy of DOUGLAS ELLIMAN

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

18 E Ocean Avenue, Ocean Ridge, FL, 33435

$7,750,000

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 $6,200,000 $6,200,000 $6,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.277% 6.223% 6.183%
Monthly Tax Payment $7,485 $7,485 $7,485
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $36,675 $37,672 $52,319
Total Monthly Payment $44,285 $45,282 $59,929

* 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.