92 Island Drive S
Ocean Ridge, FL, 33435
$
3,499,999
Baths0.0
Monthly Estimate*
$
21,550
Studio for $3,499,999. The lot size is 0.24.
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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Features
General
Utilities
Cable Available
Electricity Available
Sewer Available
Water Available
Possession
Close Of Escrow
Negotiable
Development Status
Site Plan Filed
Electric
3 Phase
View
Canal
Intercoastal
Property Subtype
Unimproved Land
Tax Year
2025
Current Use
Single Family
Unimproved
Waterfront Features
Canal Front
Intracoastal Access
No Fixed Bridges
Ocean Access
Seawall
Community Features
Boat Facilities
County
Palm Beach
Property Type
Land
Association Amenities
Boating
Trail(s)
Beach Access
Subdivision Name
ISLAND DRIVE SOUTH ESTATES
Facing Direction
West
Possible Use
Single Family
Status
Active
City
Ocean Ridge
MLS Area
4120
Lot Size Square Feet
10409
Tax Annual Amount
40000
Virtual Tour
https://vimeo.com/1158780246?share=copy&fl=sv&fe=ci
Standard Status
Active
Property Sub Type Additional
Unimproved Land
Legal Description
ISLAND DRIVE SOUTH ESTATES LT 3
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Exterior
Vegetation
None
Other
Lot Features
Cleared
Corner Lot
Cul-De-Sac
Interior Lot
< 1/4 Acre
Water Source
Public
Lot Size Acres
0.24
Road Surface Type
Paved
Waterfront Y/N
true
Road Frontage Type
Public Road
Road Responsibility
Public Maintained Road
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* Excluded Features
List By
Cameron L Sydenham
Listing Agent
Affordability Calculator
- Monthly Principal & Interest
- $21,550
- Monthly Property Taxes
- $3,333
- 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
Lots and land listings in Ocean Ridge, FL
Average List Price
$4,261,267
Percent of Sale Price
22%
About Ocean Ridge, FL
2,001
Population
26%
Since 2002
$
67,485
Median Income
65.51
Median Age
8%
Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338
Elementary School
4827337
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
3/26/2026
|
$3,499,999
|
-6.67%
|
Price Down
|
|
1/27/2026
|
$3,750,000
|
|
Listed Price
|