What an AMAZING OPPORTUNITY! Seize this exceptional chance to own a multifamily quadplex in the exclusive and rapidly growing Ocean Ridge neighborhood, situated east of A1A and less than a minute’s walk from deeded beach access. This multifamily quadplex presents an exceptional income-generating opportunity, is ideal for investors looking to capitalize on short term, seasonal and long-term rental demand. Situated on approximately 65′ x 137′ lot, this 2,700 sq. ft. quadplex, consists of four spacious 1-bedroom, 1-bathroom units, each offering a comfortable coastal retreat. 1 unit can be converted to a very spacious 2 bedroom, 1 bath unit. Unit 4 currently has an annual lease in place with tenant’s paying $3,250 per month. Unit 3 currently has an annual lease in place with tenant paying $2,025 per month. New Upgrades include: Recently installed new roof (2025), impact-resistant windows and doors. All four units have been tastefully updated. Kitchens with white quartz countertops, white shaker cabinets, and stainless-steel appliances. Renovated and updated baths in all four units. Terrazzo floors in unit 4 and new vinyl flooring throughout the remaining 3 units. The property is zoned RMM Medium Density Residential, allowing for single-family and multifamilydevelopment offering potential for future expansion or redevelopment. Unbeatable Location: Less than a minute’s walk to the beach, bike trails, and scenic oceanfront roads. High Rental Demand: Strong monthly, seasonal, and annual rental potential due to its prime location. Conveniently close to Downtown Delray Beach, residents enjoy easy access to top-tier dining, shopping, and entertainment. Whether you’re looking to enhance your investment portfolio or create a bespoke coastal retreat, this property offers unmatched potential for income generation and future development. Don’t miss out on this rare opportunity. Schedule your private showing today.
Listing Provided Courtesy of RE/MAX Direct at 561-784-3000
Property Details
Price:
$1,974,999
MLS #:
R11076354
Status:
Active
Beds:
0
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
OCEAN SHORE ESTATES
Neighborhood:
4120
Listed Date:
Mar 29, 2025
Finished Sq Ft:
2,208
Total Sq Ft:
2,700
Lot Size:
381,890,520 sqft / 0.20 acres (approx)
Year Built:
1959
Units:
4
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Terrazzo, Vinyl
Heating
Window/Wall
Exterior
Association Amenities
None
Construction Materials
CBS, Concrete
Fencing
Fenced
Other Structures
Outbuilding
Patio And Porch Features
Porch, Patio, Porch – Open, Patio – Open, Patio – Covered
Roof
Concrete
Stories
1
View
Garden, Other
Waterfront Features
None
Window Features
Storm Window(s)
Financial
Tax Year
2024
Taxes
$18,160
Map
Community
- Address18 Adams Road Ocean Ridge FL
- SubdivisionOCEAN SHORE ESTATES
- CityOcean Ridge
- CountyPalm Beach
- Zip Code33435
Subdivisions in Ocean Ridge
- Amended Place Of Boyntons
- BOYNTON BEACH PARK
- BOYNTON SUB
- BOYNTON SUB AMNDED PL
- Boynton Sub.
- CAPRI CO-OP APTS INC
- COASTAL SHORES WEST
- COLONIAL RIDGE CORP
- Colonial Ridge Corp, Fairfax
- Crown Colony
- CROWN COLONY CONDO
- GULF STREAM VIEWS CONDO BLDG 4
- INLET CAY
- INLET PLAZA CONDO
- MC CORMICK MILE
- Mc Cormick Mile Add
- MC CORMICK MILE ADD 1
- Mccormick Mile
- MCCORMICK MILE REPLAT NO 1
- OCEAN MANOR
- OCEAN PARK MANOR
- OCEAN PARK MANOR CONDO
- Ocean Ridge
- Oceanwalk Condo
- Oyster Bay
- Oyster Bay co-op
- PAGET HOUSE CONDO
- PALM BEACH SHORE ACRES
- PELICAN COVE OF
- PELICAN COVE PLAT OF
- RIDGE HARABOUR ESTS IN
- RIDGE HARBOUR ESTATES
- RIDGE HOMES CONDO
- SHORE VIEW
- TROPICAL PARK
- TROPICAL SHORES
- TURTLE BEACH CONDO
- Villas of Ocean Ridge
- VILLAS OF OCEAN RIDGE CONDO
Market Summary
Current real estate data for Multi Family in Ocean Ridge as of Aug 29, 2026
3
Multi Family Listed
239
Avg DOM
910
Avg $ / SqFt
$1,755,000
Avg List Price
Property Summary
- Located in the OCEAN SHORE ESTATES subdivision, 18 Adams Road Ocean Ridge FL is a Multi Family for sale in Ocean Ridge, FL, 33435. It is listed for $1,974,999 To schedule a showing of MLS#r11076354 at 18 Adams Road in Ocean Ridge, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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