For sale

Price cut: $495K (8/11)

$6,995,000

23 COCONUT Lane, Ocean Ridge, FL 33435

4beds

6,691sqft

$50,434/mo

Get pre-qualified

Single Family Residence

Built in 2002

0.45 Acres Lot

$6,322,500 Zestimate^®

$1,045/sqft

$-- HOA

What's special

Warmth character or privacy

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.

48 days
455
34

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1
Main level bathrooms: 2

Heating

Central

Cooling

Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Zoned

Appliances

Included: Dryer, Dishwasher, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven, Range, Refrigerator, Trash Compactor, Vented Exhaust Fan, Water Heater, Wine Refrigerator, Washer
Laundry: Inside, Main Level, Laundry Room, Laundry Tub, Sink, Upper Level

Features

Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Multiple En Suite Bathrooms, Pantry, Soaking Tub, Separate Shower, Upper Level Primary, Bar, Walk-In Closet(s)
Flooring: Carpet, Concrete, Ceramic Tile, Engineered Hardwood, Tile, Vinyl, Wood
Doors: French Doors
Windows: Storm Window(s)
Has fireplace: No

Interior area

Total structure area: 8,346
Total interior livable area: 6,691 sqft

Video & virtual tour

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Property

Parking

Total spaces: 6
Parking features: Attached, Driveway, Garage
Attached garage spaces: 2
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Open, Patio, Porch, Terrace, Wrap Around, Balcony
Exterior features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
Has private pool: Yes
Pool features: Fenced, Gas Heat, In Ground, Private, Pool/Spa Combo, Salt Water, Outside Bath Access
Has spa: Yes
Spa features: Heated, In Ground
Fencing: Back Yard,Fenced
Has view: Yes
View description: Preserve
Waterfront features: Mangrove, None

Lot

Size: 0.45 Acres
Features: Cul-De-Sac, Landscaped, Oversized Lot, 1/4 to 1/2 Acre Lot, Sprinklers Automatic

Details

Additional structures: Gazebo
Parcel number: 46434527070010090
Zoning: RSF (city)
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Block, Concrete, Stucco
Foundation: Slab
Roof: Flat,Metal

Condition

Updated/Remodeled
New construction: No
Year built: 2002

Utilities & green energy

Electric: 200+ Amp Service, 220 Volts in Garage
Sewer: Septic Tank
Water: Public
Utilities for property: Cable Available, Electricity Connected, Water Connected

Green energy

Energy efficient items: Appliances

Community & HOA

Community

Subdivision: BOYNTON BEACH PARK

HOA

Has HOA: No

Location

Region: Ocean Ridge

Financial & listing details

Price per square foot: $1,045/sqft
Tax assessed value: $1,808,551
Annual tax amount: $33,133
Date on market: 8/11/2026
Cumulative days on market: 167 days
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$6,322,500

$6.01M - $6.64M

Not available

Price history

Date	Event	Price
8/11/2026	Price change	$6,995,000-6.6%$1,045/sqft
Source: BeachesMLS #B26062644 Report a problem
6/24/2026	Price change	$7,490,000-5.8%$1,119/sqft
Source: BeachesMLS #B26015513 Report a problem
4/15/2026	Listed for sale	$7,950,000+285.9%$1,188/sqft
Source: BeachesMLS #B26015513 Report a problem
12/18/2024	Sold	$2,060,000+1548%$308/sqft
Source: MIAMI #A11709824 Report a problem
10/15/1997	Sold	$125,000$19/sqft
Source: Public Record Report a problem
10/21/1996	Sold	$125,000$19/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$33,133 -41.4%	$1,808,551 -35.1%
2024	$56,574 +7.6%	$2,786,252 +10%
2023	$52,600 +16.1%	$2,532,956 +10%
2022	$45,299 +10.6%	$2,302,687 +10%
2021	$40,950 +10.1%	$2,093,352 +10%
2020	$37,183 +6.1%	$1,903,047 +10%
2019	$35,040	$1,730,043 -2.6%
2018	$35,040 +11%	$1,777,086 +7.1%
2017	$31,561 +7.7%	$1,659,507 +27.7%
2016	$29,311 +2.3%	$1,299,806 +10%
2015	$28,653 +17.5%	$1,181,642 -5.4%
2014	$24,377 -2.8%	$1,248,972 +10%
2013	$25,090 +10.6%	$1,135,429 +10.1%
2012	$22,686 +12.2%	$1,031,272 +10%
2011	$20,213 -4.5%	$937,520 -3.7%
2010	$21,165 -7.1%	$973,908 -9.6%
2009	$22,773 -33.6%	$1,077,540 -38.4%
2008	$34,272 +6.7%	$1,748,972 +2.6%
2007	$32,105 -6.9%	$1,704,461 -0.6%
2006	$34,477	$1,715,397 +19.3%
2005	--	$1,438,390 +8.1%
2004	$15,209 +14523.8%	$1,330,942 +7.7%
2003	$104 -97.8%	$1,235,870 +465.3%
2002	$4,681 +10.9%	$218,615 +12.7%
2001	$4,222 +23.6%	$193,959 +23.4%
2000	$3,416 +47.5%	$157,209 +42.9%
1999	$2,315	$110,018