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7 Fayette Drive, Ocean Ridge FL 33435

Multi-family Active With Contract
$1,795,000

BTC: 21.76285160

ETH: 677.35849057

-$200K (2026/07/30)
224 days
0 room(s)
1,844 sqft

Overview

Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and BBQ grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex with no rental restrictions can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and BBQ grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Roof 2015. Air conditioning units are 2 years old. Appliances are brand new. 7 Fayette East: FORNO Espresso Package - 30" Induction Range, Refrigerator and Dishwasher in White with Antique Brass. FORNO Espresso Capoliveri 24" 1.2 cu. ft. Built-In Microwave Drawer in White with Antique Brass Handles 7 Fayette West: Samsung oven, Frigidaire cooktop, Whirlpool refrigerator. Smart TVs. Washer and dryer in each unit. In the event this Property is placed under contract with no contingencies and the Contract subsequently terminates or expires for any reason other than a Seller default, and the Seller and/or the Seller's Listing Broker is entitled to receive and/or retain the Earnest Money Deposit as liquidated damages, then unless expressly stated otherwise in the governing Contract, Buyer's broker/agent shall not be entitled to, nor receive, any portion of the Earnest Money Deposit retained by Seller and/or Seller's Listing Broker.

Location

Florida • Ocean Ridge • 33435 • Multi-family • Active With Contract

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1954
Lot:
0.17 Acres
Heating:
Electric
Price/sqft:
$973
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$549,950
$349K – $849K
Confidence Low
List vs. estimate
$1.2M above estimate
List $1,795,000 · +226.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$973
+14.6% vs. city median $849
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $297K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$18,572
2025
View
Garden
Pets
Not allowed
All facts and features

  • Flooring

    • Tile

    • Wood

    Heating

    • Electric

    Cooling

    • Central Air

    • Electric

  • Property

    • Levels: 1

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 46434534030000030

    • Zoning: RMM(ci

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Septic

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $18,572

  • Source details

    • MLS ID: R11159002

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre / Fenced / Septic

    • Patio And Porch Features: Patio

    • Window Features: Complete Impact Glass / Plantation Shutters

    • Architectural Style: Twin Home / Half Duplex / Twin Homes

    • Living Area: 1844

    • Water Source: Public

    • Lot Size Dimensions: 94x80

    • Subdivision Name: TROPICAL PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33435
358
median $318K
Active
Same city
Ocean Ridge
46
median $2.0M
Active
Same type
Multi-family
2
median $1.7M
Active
Similar price
$1.3M – $2.3M
13
median $1.9M
Active

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