21 Hudson Avenue
About This Property
Boasting 100 feet of frontage on Hudson Ave and coveted southern exposure in the rear, this lot offers an ideal setting for your future home. Located just one block south of Ocean Ave, residents will enjoy convenient access to the beach, perfect for leisurely strolls or relaxing days by the water. Don't miss out on this exceptional opportunity to create your own coastal oasis in this highly sought-after neighborhood.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| Apr 19, 2026 | Listed by Nest Seekers Florida, LLC | $2,500,000 | |
| Listed by Nest Seekers Florida, LLC | |||
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Introducing 21 Hudson, situated in the coveted coastal enclave of Ocean Ridge, one of Palm Beach County's best-kept secrets. This beautifully prepared, vacant 0.40-acre lot on private Hudson Avenue offers a rare opportunity to build a 6,500 +/- SF estate tailored to your vision. Conceptual plans are available upon request, or bring your own architect to design a one-of-a-kind residence. With the potential for a third level, future owners can capture views of both the Ocean and the Intracoastal. At nearly half an acre, this is among the largest fully buildable lots currently available in Ocean Ridge; an exceptional offering in a market defined by limited inventory and refined luxury... ...Opportunities to secure this amount of buildable land in South Florida so close to the beach are increasingly rare, particularly at this price point. Perfectly positioned just off the Intracoastal and a two-minute stroll to the beach, 21 Hudson delivers a sophisticated yet relaxed coastal lifestyle. Enjoy local favorites, including the exclusive Gulf Stream Golf Club, Boynton Harbor Marina, Nomad Surf Shop, world-class dining such as NOBU, and Eau Resort & Spa. Perfectly central, you are just 15 minutes to Atlantic Avenue, 16 minutes to downtown West Palm Beach, and 20 to 25 minutes to Palm Beach Island and Palm Beach International Airport. One of the most undervalued communities in the county, Ocean Ridge remains an "if you know, you know" destination attracting discerning buyers seeking privacy, proximity, and architecturally significant coastal estates. 21 Hudson presents a rare chance to create a legacy property in one of South Florida's most discreet and desirable towns.
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| Jan 22, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2024 | Listed by Posh Properties | $1,695,000 | |
| Listed by Posh Properties | |||
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About Boynton Beach Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017