7 Fayette Drive
Ocean Ridge, FL, 33435 $ 1,895,000
Baths4.0 Sq 1,844 Monthly Estimate*
$ 11,965
Studio for $1,895,000 with 4 full baths. This 1,844 square foot home was built in 1954 on a lot size of 0.17.
Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and BBQ grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex with no rental restrictions can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and BBQ grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Roof 2015. Air conditioning units are 2 years old. Appliances are brand new. 7 Fayette East: FORNO Espresso Package - 30" Induction Range, Refrigerator and Dishwasher in White with Antique Brass. FORNO Espresso Capoliveri 24" 1.2 cu. ft. Built-In Microwave Drawer in White with Antique Brass Handles 7 Fayette West: Samsung oven, Frigidaire cooktop, Whirlpool refrigerator. Smart TVs. Washer and dryer in each unit. In the event this Property is placed under contract with no contingencies and the Contract subsequently terminates or expires for any reason other than a Seller default, and the Seller and/or the Seller's Listing Broker is entitled to receive and/or retain the Earnest Money Deposit as liquidated damages, then unless expressly stated otherwise in the governing Contract, Buyer's broker/agent shall not be entitled to, nor receive, any portion of the Earnest Money Deposit retained by Seller and/or Seller's Listing Broker.
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FeaturesGeneralSewer SepticTank
Heating Electric
Cooling CentralAir Electric
Utilities CableAvailable ElectricityConnected SewerAvailable WaterAvailable
Possession CloseOfEscrow
Roof Flat
Patio/Porch Features Patio
Construction Materials Block Concrete
Pets Allowed No
Year Built 1954
Electric Phases3
Tenant Pays None
View Garden
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
Gross Income 150000
Waterfront Features None
Accessibility None
County Palm Beach
Net Operating Income 120000
New Construction false
Property Type ResidentialIncome
Subdivision Name TROPICAL PARK
Status Active
Directions In Ocean Ridge off of A1A head east towards the ocean on Fayette. The duplex property will be on your left.
High School Boynton Beach
City Ocean Ridge
Disclosures FloodPlainDisclosure
Senior Community Y/N false
Number Of Units Total 2
MLS Area 4120
Elementary School Forest Park
Land Lease Y/N false
Tax Annual Amount 18572
Middle/Junior High School Congress
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/7-Fayette-Drive-Ocean-Ridge-FL-33435--RX-11159002/unbranded
Standard Status Active
Property Sub Type Additional Duplex
Legal Description TROPICAL PARK ADD 1 LT 3
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InteriorFlooring Tile Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features PlantationShutters
Total Baths 4
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ExteriorExterior Amenities OutdoorLivingArea
Fencing Fenced
Lot Features LessThanQuarterAcre
Water Source Public
Lot Size Area 7471
Spa false
Building Area Total 2166
Lot Dimensions 94 x 80
Lot Size Acres 0.17
Waterfront Y/N false
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* Excluded FeaturesList ByFrederick MoranListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $11,965
- Monthly Property Taxes
- $1,548
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Ocean Ridge, FL
Average List Price $3,922,662
Percent of Sale Price 107%
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.
0 Elementary School
4822324 Middle School
Boynton Beach High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/1/2026 | $1,895,000 | -5.01% | Price Down |
| 1/29/2026 | $1,995,000 | | Listed Price |