Homes for sale in Ocean Ridge
Loading photo
Quadruplex
18 Adams Road
Ocean Ridge, FL 33435
$1,974,999
- Baths
- 4
- Sq ft
- 2,208
- Year built
- 1959
- Price per sq ft
- $894
Listing courtesy of Karen E Cusenza, RE/MAX Direct
About this home
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.
Details
Property
- Type
- Quadruplex
- Year built
- 1959
- Stories
- 1
- Lot size
- 8,767 sq ft
- Subdivision
- OCEAN SHORE ESTATES
- County
- Palm Beach County
- View
- Garden, Other Water View
Interior
- Flooring
- Terrazzo, Vinyl
- Cooling
- Wall/Window Unit(s)
- Heating
- Window/Wall
Exterior and parking
- Exterior
- East Of Us1
- Patio and porch
- Patio
- Construction
- Concrete Block Construction, CBS Construction
- Roof
- Concrete
Community and fees
- Annual taxes
- $18,160
- Terms
- All Cash
Neighborhood
Finding places nearby…
Loading the map…
Places nearby are not available right now.
The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 28, 2026.