$2,500,000
For Sale

18 Adams Road

Ocean Ridge, FL 33435
2208 sqft | 0.20 acres | #RX-11076354
Browse 71 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

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. 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.

  • Property Details
      • Exterior FeaturesAuto Sprinkler, Covered Patio, Extra Building, Fence, Open Patio, Open Porch
      • Exterior MaterialsAuto Sprinkler, Covered Patio, Extra Building, Fence, Open Patio, Open Porch
      • Utility FeaturesCable Connected, Electricity Connected, Public Water, Septic
      • Lot FeaturesEast of US-1, < 1/4 Acre, Paved Road, Public Road
      • Lot DescriptionEast of US-1, < 1/4 Acre, Paved Road, Public Road
      • SubdivisionOCEAN SHORE ESTATES
      • Property TypeMulti-Family
      • MLS #RX-11076354
      • MLS #RX-11076354
      • CountyPalm Beach
      • Original List Price$2,500,000
      • Property SubtypeQuadruplex
      • RoofConcrete
      • Taxes Annual$18,160
      • Cost2500000
      • ViewGarden
      • ZoningRMM(ci
      • Acres0.201
      • Square Feet2208
      • Lot Size (sqft)8767
      • Year Built1959
      • Stories1
      • Fence1

Location

Leah Ball & Co.Leah's Property Shop
OR

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