18 Adams Road, Ocean Ridge, FL 33435
Ocean Ridge, FL 33435 · OCEAN SHORE ESTATES
About 18 Adams Road, Ocean Ridge, 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 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.
How This Listing Compares in Ocean Ridge
Per square foot, it is asking 18% above the Ocean Ridge median for sales closed over the last twelve months.
| This home | Ocean Ridge median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $894 | $760 |
| Days on market | 548 | 52 |
Medians from closed MLS sales in Ocean Ridge; a starting point, not an appraisal.
Home Features at 18 Adams Road, Ocean Ridge, FL 33435
- Flooring
- Terrazzo, Vinyl
- Heating
- Window/Wall
- Cooling
- Wall/Window Unit(s)
- Pool Private
- No
- Year Built Details
- Resale
The Building at 18 Adams Road, Ocean Ridge, FL 33435
- Building Area Total
- 2700
- Building Area Units
- Square Feet
- Stories
- 1
- Stories Total
- 1
- Association
- No
- Association Amenities
- None
Lot, Views & Construction at 18 Adams Road, Ocean Ridge, FL 33435
- Lot Features
- Less Than 1/4 Acre Lot, East Of US 1, Fenced, Septic
- Lot Size Square Feet
- 8,767
- Waterfront
- No
- View
- Garden, Other, Other Water View
- Construction Materials
- Concrete Block Construction, CBS Construction
- Roof
- Concrete
- Exterior Features
- East Of Us1
- Sewer
- Septic Tank
- Water Source
- Public
- New Construction
- No
Taxes & Public Record for 18 Adams Road, Ocean Ridge, FL 33435
- Parcel Number
- 46434527130000120
- Tax Annual Amount
- $18,160
- Tax Year
- 2,024
- Tax Legal Description
- OCEAN SHORE ESTATES (UNREC) LT 12 & UND INT IN LT B
- Zoning
- RMM(ci
- County Or Parish
- Palm Beach County
Map & Neighborhood
18 Adams Road, Ocean Ridge, FL 33435
18 Adams Road, Ocean Ridge, FL 33435 at a Glance
Offered for sale in Ocean Ridge 33435, 18 Adams Road is a multi-family home with 4 bathrooms, about 2,208 square feet of living space, dating to 1959. The asking price is $1,974,999, on the market since March 29, 2025, with RE/MAX Direct as the listing brokerage. Public schools are run by the Palm Beach County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.