7 Fayette Drive, Ocean Ridge FL 33435

Multi-family For Sale

$1,795,000

BTC: 27.73485785

ETH: 943.42597654

-$200K (2026/07/30)

198 days

For Sale

Multi-family

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 • For Sale

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

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

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.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$550,000

$455K – $1.8M

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

+8.8% vs. city median $894

Based on

5 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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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

7 Fayette Drive, Ocean Ridge FL 33435

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

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