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23 Coconut Lane, Ocean Ridge FL 33435

House For Sale
$7,950,000

BTC: 128.22580645

ETH: 4,724.54983063

55 days
Waterfront
4 bds
5 ba
6,691 sqft

Overview

Tucked away at the end of a quiet, private lane in the exclusive coastal enclave of Ocean Ridge, 23 Coconut Lane offers a rare opportunity to own nearly half an acre just moments from the beach. Set on an expansive 19,000+ square foot lot, this residence delivers the perfect blend of privacy, scale, and South Florida lifestyle. Completely gut renovated from the shell and reimagined into a 2026 Ocean Ridge masterpiece, this home offers the feel of new construction with the character and setting of an established coastal neighborhood. As you enter, you're welcomed by a grand open foyer, complemented by custom wine storage and a spacious office/den—ideal for working from home or a quiet retreat. The home then opens into a light-filled living room that flows seamlessly into the formal dining area, creating an inviting setting for both everyday living and entertaining. The kitchen is truly the heart of the home—designed for both a chef and a designer's eye—featuring an oversized island, Wolf gas appliances, custom panel refrigerator, wine cooler, ice maker, and a generous walk-in pantry. The space opens effortlessly to a cozy breakfast nook and informal living area, all overlooking the pool and expansive outdoor loggia. Upstairs, accessible by two beautifully designed staircases, you'll find four oversized bedrooms, each with en-suite bathrooms. The primary suite is a true retreat, offering stunning views of the backyard, a spa-like bath with an oversized shower, freestanding tub, dual vanities with a dedicated makeup area, separate his-and-her water closets, and expansive custom closets. One of the most impressive features of the home is the extensive wraparound balconies and terraces accessible from every upstairs bedroom—providing incredible views of the lush, private grounds and enhancing the indoor-outdoor lifestyle. The outdoor experience is equally exceptional, featuring a covered loggia overlooking a serene preserve, a fully equipped summer kitchen, private outdoor shower, and a cabana bath designed for seamless poolside living. With over 6,000 total square feet, 4 bedrooms, and 5.5 bathrooms, this home offers both immediate enjoyment and long-term value in one of South Florida's most desirable, low-density beachside communities. Private. Expansive. Coastal living at its best.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Driveway / Parking Garage
Year Built:
2002
Lot:
0.45 Acres
Heating:
Central
Price/sqft:
$1,188
Cooling:
Ceiling Fan(s) / Central Air / Zoned
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,393,500
$2.7M – $6.2M
Confidence Low
List vs. estimate
$3.6M above estimate
List $7,950,000 · +80.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,188
+6.5% vs. city median $1,115
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $306K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$33,133
2025
Pool
Hot Tub
Waterfront
Mangrove Front
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Floor

    • Concrete

    • Tile

    • Vinyl

    • Wood

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Zoned

    Appliances

    • Gas Water Heater

    • Natural Gas Water Heater

    • Trash Compactor

    • Dishwasher

    • Disposal

    • Dryer

    • Ice Maker

    • Microwave

    • Gas Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Bar

    • Closet Cabinetry

    • Cooking Island

    • Entrance Foyer

    • French Doors

    • Pantry

    • Volume Ceilings

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 5

  • Parking

    • 2 Or More Spaces

    • Driveway

    • Parking Garage

    Property

    • Levels: 2

    • Pool Private: Yes

    • Exterior Features: East Of Us1 / Barbeque / Built-In Grill / Exterior Lights / Open Balcony / Outdoor Shower

    Lot

    • Lot: 0.45 Acres

    Other Property Information

    • Parcel Number: 46434527070010090

    • Zoning: RSF (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Septic

    • Cable Available

    • Electricity Available

    • Water Available

  • Other financial information

    • Annual tax amount: $33,133

  • Source details

    • MLS ID: B26015513

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction / Slab Construction / Stucco

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Cul-De-Sac / East Of US 1 / Less Than 1 Acre / Oversized Lot / Fenced / Septic

    • Patio And Porch Features: Open Balcony / Patio / Wrap Around

    • Pool Features: Hot Tub / Private / Pool/Spa Combo

    • Window Features: Complete Impact Glass

    • Direction Faces: South

    • Other Structures: Livable

    • Architectural Style: Two Story / Modern/Contemporary

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 6691

    • Water Source: Public

    • Subdivision Name: BOYNTON BEACH PARK

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Serhant