18 Adams Road, Ocean Ridge FL 33435

Multi-family For Sale

$1,999,999

BTC: 33.42132616

ETH: 1,254.16162389

-$500K (2026/02/05)

453 days

For Sale

Multi-family

0 room(s) •

2,208 sqft

Overview

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

Florida • Ocean Ridge • 33435 • Multi-family • For Sale

Details

Type:

Residential Income

Parking:

No Data

Year Built:

1959

Lot:

0.20 Acres

Heating:

Window/Wall

Price/sqft:

$906

Cooling:

Wall/Window Unit(s)

HOA:

No Data

Type:

Residential Income

Parking:

No Data

Year Built:

1959

Lot:

0.20 Acres

Heating:

Window/Wall

Price/sqft:

$906

Cooling:

Wall/Window Unit(s)

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

$725,000

$451K – $1.6M

Confidence Low

List vs. estimate

$1.3M above estimate

List $1,999,999 · +175.9%

Our model says this listing is priced above recent comparable activity. Room to negotiate.

Price per sq ft

$905

-6.3% vs. city median $966

Based on

9 MLS comparables

+ 30 public-records sales within 0.5 mi

Median actual sale: $368K

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$18,160

2024

View

Garden, Other

All facts and features

Flooring

• Terrazzo

• Vinyl

Heating

• Window/Wall

Cooling

• Wall/Window Unit(s)
Property

• Levels: 1

• Exterior Features: East Of Us1

Lot

• Lot: 0.20 Acres

Other Property Information

• Parcel Number: 46434527130000120

• Zoning: RMM(ci
Type and style

• Property Type: Residential Income

• Property Sub Type: Quadruplex
Utility

• Cable Connected

• Septic

• Water Connected

• Cable Available

• Water Available
Other financial information

• Annual tax amount: $18,160
Source details

• MLS ID: R11076354

Other facts

• Construction Materials: Concrete Block Construction / CBS Construction

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

• Patio And Porch Features: Patio

• Window Features: Complete Impact Glass

• Living Area: 2208

• Water Source: Public

• Subdivision Name: OCEAN SHORE ESTATES

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: RE/MAX Direct

18 Adams Road, 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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