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4 Baths

2,208 SqFt

Active

18 Adams RD Ocean Ridge, FL 33435

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Jesse Friedman

cobbsfriedman@gmail.com +1(561) 512-5340

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,208 sqft

Subdivision Ocean Shore Estates

MLS Listing ID R11076354

Construction Status Resale

HOA Y/N No

Year Built 1959

Annual Tax Amount $18,160

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Quadruplex

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.

Location

State FL

County Palm Beach

Area 4120

Direction I95 to Woolbright, east to A1A, North on A1A to Adams Rd on the right.

Rooms

Other Rooms Outbuilding

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Terrazzo, Vinyl

Fireplace No

Window Features Storm Window(s)

Exterior

Exterior Feature Outdoor Living Area

Fence Fenced

Utilities Available Cable Available, Water Available

Amenities Available None

Waterfront Description None

View Y/N Yes

Water Access Desc Multiple Meters,Public

View Garden, Other

Roof Type Concrete

Street Surface Paved

Porch Covered, Patio, Porch

Road Frontage Public Road

Private Pool No

Building

Lot Description Sprinklers Automatic, < 1/4 Acre

Dwelling Type Quadruplex

Sewer Septic Tank

Water Multiple Meters, Public

Level or Stories One

Additional Building Outbuilding

New Construction No

Construction Status Resale

Others

Pets Allowed No

Senior Community No

Tax ID 46434527130000120

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/18-Adams-Road-Ocean-Ridge-FL-33435/unbranded

Listed by Karen E Cusenza RE/MAX Direct

NEARBY SCHOOLS & PROPERTIES

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(561) 512-5340

cobbsfriedman@gmail.com

4116 se jib ln, Stuart, Florida, 34997, United States

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