11501 Old Ocean Boulevard, Ocean Ridge, FL 33435 — MLS photo

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11501 Old Ocean Boulevard, Ocean Ridge, FL 33435

Active · Townhouse

$2,299,000

11501 Old Ocean Boulevard, Ocean Ridge, FL 33435

Beds
4
Baths
5
Living area
3,364 sq ft
$ / sq ft
$683/sq ft
Year built
2022
Lot size
—
HOA fee
$2,141 Monthly
Annual tax
$32,664

About this property

Located in the gated oceanfront enclave of Gulf Stream Views, this stunning 4-bedroom townhome, completed in 2021, boasts 3,386 sq ft, a private elevator, heated saltwater pool, rooftop terrace, and stunning ocean views. Designed by Richard Jones, this refined coastal residence features floor-to-ceiling impact glass, smart home technology, electric shades, hardwood flooring, built-in speakers, and high-end finishes throughout. The open living level offers a European-style chef's kitchen with quartzite counters, custom cabinetry, Wolf, Sub-Zero, and Bosch appliances, wine refrigeration, and ocean views. Enjoy a flexible VIP suite, private balconies, rooftop summer kitchen with retractable awnings, 2-car garage, and private beach access in an intimate 14-residence pet-friendly community. The first level features an oversized two-car garage with built-in storage, a laundry room, and a spacious family room complete with a morning bar, walk-in closet, and ensuite bath. An additional door enhances the flexibility of this space, allowing it to serve as a private VIP guest suite. The ground level opens to a walled-in outdoor retreat with a heated saltwater pool and outdoor shower, creating a serene and private escape just steps from the beach. The second level is designed for elevated everyday living and entertaining. The open-concept kitchen, dining, and great room are framed by floor-to-ceiling impact glass, capturing spectacular ocean views and an abundance of natural light. The European-style chef's kitchen is appointed with quartzite countertops and backsplash, an oversized island, custom wood cabinetry, Wolf induction cooktop and oven, Sub-Zero refrigerator, Bosch dishwasher and microwave, wine refrigeration, and generous storage. This level also includes a private guest suite with walk-in closet and ensuite bath, a designer powder room, and a balcony overlooking the coastal setting. On the third level, the primary suite offers a true private sanctuary with ocean views, a spacious bedroom, private balcony, walk-in closet, and a spa-inspired bath featuring dual vanities, a walk-in shower, and separate soaking tub. An additional guest bedroom with ensuite bath, ample closet space, and a second laundry area complete this level. The fourth floor is one of the home's most impressive spaces, featuring a covered portico ideal for a private office, lounge, or bar area, along with an expansive rooftop deck designed for unforgettable entertaining. Outfitted with retractable awnings on all sides and a luxurious summer kitchen, this rooftop retreat is perfect for sunrise coffee over the Atlantic, sunset cocktails with Intracoastal views, or hosting guests while enjoying the ocean breeze. Additional features include smart home technology, electric shades, retractable screens for indoor-outdoor coastal living, hardwood flooring, built-in speakers throughout, high-end finishes, and exceptional attention to detail on every level. Gulf Stream Views is an intimate, gated oceanfront community of only 14 luxury residences located along prestigious Old Ocean Boulevard, just minutes from Palm Beach and Downtown Delray Beach. The pet-friendly community offers private beach access, a boardwalk, and an outdoor shower, creating a rare opportunity to enjoy true beachfront living in one of South Florida's most desirable coastal settings.

Property location

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11501 Old Ocean Boulevard, Ocean Ridge, FL 33435

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Facts & features

Interior

Bedrooms
4
Bathrooms
5
Living area
3,364 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
Cooling
Central Air, Ceiling Fans, Electric, Zoned
Heating
Central, Electric, Heat Pump
Interior features
Wet Bar, Breakfast Bar, Built In Features, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Entrance Foyer, High Ceilings, Kitchen Island, Living Dining Room, Split Bedrooms, Shower Only, Separate Shower, Upper Level Primary, Bar, Walk In Closets, Elevator

Exterior & Structure

Property type
Townhouse
Year built
2022
Stories
3
Architectural style
Contemporary Modern, Tri Level
Roof
Other
Construction
CBSConcrete Block Structure, Block, Stucco
Exterior features
Balcony, Barbecue, Outdoor Grill, Patio, Awnings
Pool
Heated, Pool
Waterfront
Ocean Access
View
Ocean, Other, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Common, Driveway, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$2,141 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Trash
Amenities
Controlled Access, Elevators, Pool
Security
Security System, Closed Circuit Cameras, Security System Owned, Security Gate, Smoke Detectors
Pets allowed
No
Annual tax
$32,664
Subdivision
GULF STREAM VIEWS
County
Palm Beach
Days on market
140
MLS listing ID
B26033468
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$5,963

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.1%
Gross yield
6.5%
Mortgage payment
$10,898/mo
Down payment
$574,750
Loan amount
$1,724,250
Annual NOI
$59,223

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.