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92 Island Drive S, Ocean Ridge FL 33435

Lots/Land For Sale
$3,499,999

BTC: 56.22600354

ETH: 2,079.98989719

-$250K (2026/03/26)
133 days
Waterfront
0 room(s)

Overview

Perfectly positioned for boaters seeking effortless ocean access, this exceptional buildable waterfront lot sits on a quiet cul-de-sac in the coveted McCormack Mile section of Ocean Ridge only a few hundred yards from the Boynton Inlet and the town of Manalapan. Offering direct waterfrontage and a desirable southeast exposure, the property spans nearly 10,500 square feet, capturing brilliant light and shimmering water views. This rare opportunity is being offered with a brand-new seawall and cap, along with fully approved plans for a two-story contemporary residence by the award-winning team at Affiniti Architects. Their thoughtfully conceived design embraces clean modern architecture, seamless indoor-outdoor living, and the amenities expected of a true boater's and angler's paradise. The future residence commands nearly 5,000 total square feet and is surrounded by some of the newest and finest homes in Ocean Ridge, further elevating its long-term value and appeal. As a resident of McCormack Mile, you'll also enjoy access to a private oceanfront Beach House, a freestanding clubhouse for the exclusive use of neighborhood residents, perched high above the turquoise waters of the Atlantic and offering an unmatched seaside retreat. All site surveys, soil tests, development entitlements, and preliminary plans (including floorplans, site plan, and basic civil engineering) are transferable to the new owner. The buyer will be responsible only for completing final construction drawings, MEPs, and final civil engineering prior to building-permit submission. Ideally located, the property is just 15 minutes to PBIA, 10 minutes to Delray Beach, and moments from the Town of Palm Beach, world-class dining, boutique shopping, and pristine beaches. Whether arriving by boat or by car, this quiet tropical enclave offers the privacy, serenity and convenience synonymous with the best of South Florida living. A build-to-suit opportunity of this caliber is exceptionally rare, create your waterfront masterpiece and experience the quintessential Ocean Ridge lifestyle.

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.24 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$405,000
$138K – $1.4M
Confidence Low
List vs. estimate
$3.1M above estimate
List $3,499,999 · +764.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
9 MLS comparables
+ 20 public-records sales within 0.5 mi
Median actual sale: $795K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$40,000
2025
View
Canal, Intracoastal View
Waterfront
Canal Front, Canal
All facts and features
  • Property

    • Exterior Features: East Of Us1

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 46434522480000020

    • Zoning: RSF(ci

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Agriculture

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $40,000

  • Source details

    • MLS ID: R11158120

    Other facts

    • Lot Features: Beach Area / Dirt / Other Soil Type / Sand / Less Than 1/4 Acre Lot / Corner Lot / Cul-De-Sac / East Of US 1 / Interior Lot / Cleared Land / Beach Access / Cleared

    • Direction Faces: West

    • Waterfront: Yes

    • Water Source: Public

    • Subdivision Name: ISLAND DRIVE SOUTH ESTATES,Ocean Ridge

Private inquiry
Talk to the advisor on this listing.
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Corcoran Group