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Ocean Ridge, FL Multifamily Home for Sale

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    $2,400,000

    • 2,208 Sq Ft

    18 Adams Rd, Boynton Beach, FL 33435

    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

    Karen Cusenza Re/Max Direct

    18 Adams Rd, Boynton Beach, FL 33435

Why Live in Ocean Ridge

Ocean Ridge, FL, is a small town situated between Palm Beach and Delray Beach, offering residents a serene coastal lifestyle. The town is bordered by the Intracoastal Waterway to the west and the Atlantic Ocean to the east, making it a haven for anglers, boaters, surfers, and swimmers. Ocean Boulevard, the main thoroughfare, is lined with swaying palms, condos, lush hedges, and townhomes, while single-family homes display a variety of architectural styles, including ranch-style, Spanish revivals, contemporary, and minimal traditional. No home is more than a couple hundred yards from the ocean or waterway, and the area is easily walkable with scenic views. Ocean Ridge students attend schools in the Palm Beach County School District, which offers International Baccalaureate programs and various Choice academies. The town features the Ocean Ridge Natural Area, where locals can paddle through estuaries and observe wildlife in maritime hammock and mangrove swamp ecosystems. The beaches are rarely crowded, and fishing charters provide opportunities to catch tarpon, snook, jack, and barracudas. For dining, residents head to Boynton Beach, less than five miles away, where waterfront eateries like Two Georges Waterfront Grille offer seafood and live music. Ocean Ridge is connected to Route 1, providing access to West Palm Beach and Delray Beach, with Palm Beach International Airport less than 15 miles away. The town maintains strict building standards to prevent over-development, ensuring a quiet and quaint atmosphere.

Home Trends in Ocean Ridge, FL

Housing Trends

Median Sale Price
$2,000,000
Median Single Family Sale Price
$3,099,283
Median Townhouse Sale Price
$2,625,000
Median 2 Bedroom Sale Price
$365,000
Median 1 Bedroom Sale Price
$369,000
Average Price Per Sq Ft
$719
Number of Homes for Sale
28
Last 12 months Home Sales
28
Months of Supply
12.00
Median List Price
$1,397,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
4%
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