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18 Adams Road Ocean Ridge, FL $ 1,999,999
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18 Adams Road
$ 1,999,999
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18 Adams Road

Ocean Ridge, FL, 33435
$ 1,999,999
Baths4.0 Sq 2,208

Monthly Estimate*

$ 12,314

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View a Virtual Tour
Studio

Multi-Family Home for sale in Ocean Ridge, FL

for $1,999,999 with 4 full baths. This 2,208 square foot home was built in 1959 on a lot size of 0.2.

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.

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Multi-Family Active

Price

$ 1,999,999

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 18,160

Style

Lot Size

0.2

Year Built

1959

Town/City

Ocean Ridge

County/Region

Palm Beach

MLS | Web ID

R11076354
Features
General
Sewer Septic Tank
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available Water Available
Roof Concrete
Patio/Porch Features Covered Patio Porch
Construction Materials Block Concrete
Year Built 1959
Electric 3 Phase
Tenant Pays Cable TV Electricity Water
View Garden Other
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2024
Gross Income 0
Waterfront Features None
County Palm Beach
Net Operating Income 0
New Construction false
Property Type Residential Income
Association Amenities None
Subdivision Name OCEAN SHORE ESTATES
Other Structures Outbuilding
Status Active
Directions I95 to Woolbright east to A1A North on A1A to Adams Rd on the right.
City Ocean Ridge
Senior Community Y/N false
Number Of Units Total 4
MLS Area 4120
Tax Annual Amount 18160.2
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/18-Adams-Road-Ocean-Ridge-FL-33435/unbranded
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description OCEAN SHORE ESTATES (UNREC) LT 12 & UND INT IN LT B
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Interior
Flooring Terrazzo Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Storm Window(s)
Total Baths 4
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Exterior
Exterior Amenities Outdoor Living Area
Fencing Fenced
Lot Features Sprinklers Automatic < 1/4 Acre
Water Source Multiple Meters Public
Lot Size Area 8767
Building Area Total 2700
Lot Size Acres 0.2
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type Public Road
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* Excluded Features
List By
Karen E Cusenza

Listing Agent

Affordability Calculator

$13,828
Per Month
89%
11%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
$1,513
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/12/2026 $1,999,999 -9.09% Price Down
1/15/2026 $2,200,000 Listed Price

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18 Adams Road, Ocean Ridge, FL, 33435 is a Multi-Family Home for sale at $1,999,999 with 2,208 sqft and a lot size of 0.2. 18 Adams Road is a studio with 4.0 baths and was built in 1959. The property's zip code is 33435 which is in Ocean Ridge, FL

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