Unimproved Land in 92 Island Drive S, Ocean Ridge, FL 33435 for sale with MLS# R11158120

Perfectly positioned for boaters seeking effortless ocean access, this exceptional buildable waterfront lot sits on a quiet cul-de-sac in the coveted McCormack Mile section of Ocean Ridge only a few hundred yards from the Boynton Inlet and the town of Manalapan. Offering direct waterfrontage and a desirable southeast exposure, the property spans nearly 10,500 square feet, capturing brilliant light and shimmering water views. This rare opportunity is being offered with a brand-new seawall and cap, along with fully approved plans for a two-story contemporary residence by the award-winning team at Affiniti Architects. Their thoughtfully conceived design embraces clean modern architecture, seamless indoor-outdoor living, and the amenities expected of a true boater's and angler's paradise. The future residence commands nearly 5,000 total square feet and is surrounded by some of the newest and finest homes in Ocean Ridge, further elevating its long-term value and appeal. As a resident of McCormack Mile, you'll also enjoy access to a private oceanfront Beach House, a freestanding clubhouse for the exclusive use of neighborhood residents, perched high above the turquoise waters of the Atlantic and offering an unmatched seaside retreat. All site surveys, soil tests, development entitlements, and preliminary plans (including floorplans, site plan, and basic civil engineering) are transferable to the new owner. The buyer will be responsible only for completing final construction drawings, MEPs, and final civil engineering prior to building-permit submission. Ideally located, the property is just 15 minutes to PBIA, 10 minutes to Delray Beach, and moments from the Town of Palm Beach, world-class dining, boutique shopping, and pristine beaches. Whether arriving by boat or by car, this quiet tropical enclave offers the privacy, serenity and convenience synonymous with the best of South Florida living. A build-to-suit opportunity of this caliber is exceptionally rare, create your waterfront masterpiece and experience the quintessential Ocean Ridge lifestyle.

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Days on the market

92 Island Drive S, Ocean Ridge, FL 33435

Price
Price:
$3,499,999.00
Original List Price:
$3,750,000.00
List Price per Sq Ft (Calculated, Approx.):
$336.25
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Price Reduced
Last Major Update on:
March 26, 2026 2:31 pm
Measures
Lot Area:
10,409 Sqft
Lot Size Unit:
Acres
Lot Features:
Cul-De-Sac, Interior Lot, Corner Lot, Cleared
Lot Size Acres:
0.239
Property Features
View from the Property:
Canal, Intracoastal
Waterfront:
Yes
Waterfront Features:
Ocean Access, Canal Front, Seawall, No Fixed Bridges, No Fixed Bridge, Intracoastal
Current Use:
Single Family, Unimproved
Boat and Dock Features:
Private Dock
Boat Dock Accommodates:
Up To 60 Ft Boat
Property Entrance Faces:
West
Road Responsibility:
Public Maintained Road
Construction
Road Frontage Type:
Public Road, East of US-1
Possible Use:
Single Family
Taxes and Expenses
Tax Annual Amount:
$40,000.00
Tax Year:
2025
Utilities
Electric:
Three Phase
Utilities Available:
Cable Available, Electricity Available, Sewer Available, Water Available
Water Source:
Public
Community
Amenities Provided by the Homeowner's Association (HOA):
Boating, Jogging Path
Subdivision Name:
ISLAND DRIVE SOUTH ESTATES
Senior Community:
No
Development Name:
Ocean Ridge
Development Status:
Recorded Plat
Membership Details:
Other Membership Available
Community Dock
Terms
Documents Available:
Aerial, Survey, Building Plan, Plans
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
ISLAND DRIVE SOUTH ESTATES LT 3
Real Estate Folio Number (Parcel Number):
46434522480000020
Zoning:
RSF(ci
Listing History
Active on the market since:
January 27, 2026
Listing Agreement executed on:
January 26, 2026
Price change occurred on:
March 26, 2026 2:31 pm
Listing Status Last Changed On:
January 27, 2026 12:46 pm
Photos updated on:
January 27, 2026 1:00 pm
Last Modified:
March 26, 2026 2:31 pm
Additional Information
Courtesy of:
The Corcoran Group
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Island
Street Number:
92
City:
Ocean Ridge
State:
Florida
Zip Code:
33435
County:
Palm Beach
Latitude:
N26° 32' 22.3''
Longitude:
W81° 57' 4.7''
Street Suffix:
Drive
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $66,612
Median Home Value $306,900
Median Rent $1,846/mo
Median Age 42
Population 36,984

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This listing can also be located in the MLS system as RX-11158120
Association of REALTORS®
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