Ocean Ridge, FL·For Sale
18 Adams Road
Offered at
$1,999,999
18 Adams Road, Ocean Ridge, FL 33435
- 0
- Beds
- 4
- Full Baths
- 2,208
- Sq.Ft.
Listing courtesy of Karen E Cusenza, RE/MAX Direct
Property Description
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.
Overview
At a glance
- Property Type
- Residential Income
- Property Sub-Type
- Quadruplex
- Address
- 18 Adams Road, Ocean Ridge, FL 33435
- Zoning
- RMM(ci
- MLS ID
- R11076354
- Listing Date
- 2025-03-29
- Last Updated
- 3/12/2026, 9:08:19 PM
- Days on Market
- 393
- Subdivision
- OCEAN SHORE ESTATES
- Stories
- 1
Features & Amenities
The Details
Interior
- Flooring
- Terrazzo, Vinyl
- Windows
- Storm Window(s)
Exterior
- Construction
- Concrete, CBS
- Patio & Porch
- Patio - Covered, Patio - Open, Porch - Open, Patio, Porch
- Fencing
- Fenced
- Water Source
- Public
- Sewer
- Septic Tank
- Utilities
- Cable Available, Water Available
- Cooling
- Wall/Window Unit(s)
- Heating
- Window/Wall
Details
- Building Area
- 2,700 sq.ft.
- Lot Size
- 8,767 sq.ft.
- Lot Size (Acres)
- 0.2 acres
- Subdivision
- OCEAN SHORE ESTATES
- Stories
- 1
- Year Built
- 1959
- View
- Garden, Other
- County
- Palm Beach
- Zoning
- RMM(ci
Financial
- List Price
- $1,999,999
- Original List Price
- $2,500,000
- Annual Tax
- $18,160.2/yr
- Tax Year
- 2024
Location
Inquire
Request a Private Showing
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Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.