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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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7 Fayette Dr , Ocean Ridge, FL 33435
$1,795,000
Est. Payment: $3,988.89/mo
4 Bed
4 Bath
1844 Sqft
Status: Active Under Contract | Days on site: 224
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FLL607002 - FLL276541269
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and BBQ grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex with no rental restrictions can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and BBQ grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Roof 2015. Air conditioning units are 2 years old. Appliances are brand new. 7 Fayette East: FORNO Espresso Package - 30" Induction Range, Refrigerator and Dishwasher in White with Antique Brass. FORNO Espresso Capoliveri 24" 1.2 cu. ft. Built-In Microwave Drawer in White with Antique Brass Handles 7 Fayette West: Samsung oven, Frigidaire cooktop, Whirlpool refrigerator. Smart TVs. Washer and dryer in each unit. In the event this Property is placed under contract with no contingencies and the Contract subsequently terminates or expires for any reason other than a Seller default, and the Seller and/or the Seller's Listing Broker is entitled to receive and/or retain the Earnest Money Deposit as liquidated damages, then unless expressly stated otherwise in the governing Contract, Buyer's broker/agent shall not be entitled to, nor receive, any portion of the Earnest Money Deposit retained by Seller and/or Seller's Listing Broker.
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Highlights

Listed by Frederick Moran , 561-504-9044 The Corcoran Group , 561-278-0433.

Property Type

Multi-Family
Lot/Acreage
0.17

Year Built

1954

County

Palm Beach

Area

4120

 Neighborhood

Tropical Park

Listing ID

R11159002

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Air Cond:Central Air,Electric
Fireplaces:
Floor:Hardwood,Tile,Wood
Other:
  • ▪ Additional:Main Living Area Entry Level
Water:Public

Exterior Features

Lot:<1 Acre,< 1/4 Acre
Zoning:RMM(ci
Roof:Flat,Tile
Others:
  • ▪ Additional:Fence, Patio
Sewer:Not Connected (at lot),Public Sewer,Other,Septic Tank
Principal Interest
$3,989
Taxes
$1,548

Home Price

$1,795,000

Loan Details

30 yrs
%

Down Payment

20%
$359,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,988.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,988.89 $1,547.67 $0.00 $5,536.56
Yearly $47,866.67 $18,572.00 $0.00 $66,438.67
Total $1,436,000.00 $557,160.00 $0.00 $1,993,160.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Ocean Ridge, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.