Atlantic Luxury Advisors
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68 photos

23 COCONUT

Ocean Ridge, FL 33435

$6,995,000
4
5.5
6,691 sq ft
19,724 sq ft
2002
2 car
Single Family Residence
Yes
Yes
45
Active

Listing courtesy of Serhant (Jennifer Gallagher). Contact: [email protected].

About this home

Welcome to The Hidden Palm at 23 Coconut Lane, a completely reimagined residence tucked away at the end of a quiet street in the charming beachside town of Ocean Ridge. Set on an expansive private 19,000+ SF lot just a five minute walk to the beach, The Hidden Palm offers something increasingly hard to find: the character and warmth of an established coastal home with virtually everything made new. Gutted to the studs, portions of the original structure were preserved while everything else from major systems to finishes is brand new. For those seeking the feel of a newly completed luxury home without sacrificing warmth, character or privacy, The Hidden Palm offers a rare opportunity minutes from downtown Delray Beach and a short drive to Palm Beach.

What it costs to own
Estimated monthly payment
$49,883/mo
Principal and interest
$35,371
Property tax
$10,137
Homeowners insurance
$4,375
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$121,639/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.