Quadruplex in 18 Adams Road, Ocean Ridge, FL 33435 for sale with MLS# R11076354
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.
18 Adams Road, Ocean Ridge, FL 33435
- Price:
- $1,974,999.00
- Original List Price:
- $2,500,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $905.79
- Tenant Pays:
- Electricity, Water, Cable Tv
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- July 28, 2026 1:00 pm
- Other Special Conditions:
- Sold As-is
- Bathrooms Total:
- 4
- Living Area:
- 2,208 Sqft
- Built-Up Area:
- 2,700 Sqft
- Building Area Source:
- Public Records
- Lot Size Acres:
- 0.2
- View from the Property:
- Garden, Other
- Waterfront:
- No
- Patio and Porch:
- Patio, Porch, Patio - Covered, Patio - Open, Porch - Open
- Windows:
- Storm Window(s)
- Other Structures:
- Outbuilding
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating
- Heating System:
- Window/wall
- Fence:
- Fenced
- Storm Protection Impact Glass:
- Complete
- Sprinkler Description:
- Auto Sprinkler
- Year Built:
- 1959
- Roof:
- Concrete
- Number of Units Total:
- 4
- Levels:
- Two
- Construction Materials:
- Concrete, CBS
- Flooring:
- Vinyl, Terrazzo
- Structure Type:
- Fourplex (Quadruplex)
- Number of Units in the Community or Building:
- 4
- Stories:
- 1
- Road Frontage Type:
- Public Road, East of US-1
- Property Condition:
- Resale
- Tax Annual Amount:
- $18,160.2
- Tax Year:
- 2024
- Property Tax Details:
- City/County
- Sewer:
- Septic Tank
- Electric:
- Three Phase
- Utilities Available:
- Cable Available, Water Available
- Water Source:
- Public
- Subdivision Name:
- OCEAN SHORE ESTATES
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Documents Available:
- Copy Of Lease(s)
- Listing Terms Considered by Seller:
- Cash
- Negotiable Seller Concessions
- Tax Legal Description:
- OCEAN SHORE ESTATES (UNREC) LT 12 & UND INT IN LT B
- Real Estate Folio Number (Parcel Number):
- 46434527130000120
- Zoning:
- RMM(ci
- Active on the market since:
- March 29, 2025
- Listing Agreement executed on:
- March 29, 2025
- Price change occurred on:
- July 28, 2026 1:00 pm
- Listing Status Last Changed On:
- March 29, 2025 7:16 pm
- Photos updated on:
- August 4, 2025 6:43 pm
- Last Modified:
- July 28, 2026 1:00 pm
- Courtesy of:
- RE/MAX Direct
- Attribution:
- 561-719-5637
- Road Surface Type:
- Paved
- Street Name:
- Adams
- Street Number:
- 18
- City:
- Ocean Ridge
- State:
- Florida
- Zip Code:
- 33435
- County:
- Palm Beach
- Latitude:
- N26° 30' 57.5''
- Longitude:
- W81° 56' 58.4''
- Street Suffix:
- Road
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · West Palm Beach
Ver la propiedad 18 Adams Road, Ocean Ridge, FL 33435
