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.
Listing last checked: Listing updated:
Listed by Jennifer Gallagher, Charles Christian Prakas · Serhant · MLS #B26062644
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Details at a glance
Interior4 property facts
- Rooms
- 3
- Heating
- Central
- Cooling
- Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Zoned
- Flooring
- Carpet, Concrete, Ceramic Tile, Tile, Vinyl, Wood, Hardwood
Building6 property facts
- Style
- Single Family Residence
- Year built
- 2002
- Garage
- 2
- Parking
- 6
- Foundation
- Slab
- Roof
- Flat, Metal
Land & utilities5 property facts
- Lot size
- 0.45 acres
- Water
- Public
- Sewer
- Septic Tank
- Waterfront
- Y
- Zoning
- RSF (city)
Financial2 property facts
- Annual taxes
- $33,133
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $6,995,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$38,132 / monthAdjust
- Principal & interest
- $35,371
- Property tax
- $2,761
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $33,133. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$7,490,000 · Apr 14, 2026
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About 23 COCONUT Lane
Can I request a private showing?
Request a tour of 23 COCONUT Lane and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.

