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23 Sabal Island Drive, Ocean Ridge FL 33435

House For Sale
$3,295,000

BTC: 55.65878378

ETH: 2,066.23230847

165 days
Waterfront
2 bds
2 ba
1,460 sqft

Overview

Rare Waterfront Opportunity in Ocean Ridge - 100 Feet of Deep-Water Frontage. An extraordinary opportunity to own a premier waterfront property on the highly coveted Sabal Island in Ocean Ridge, Florida. This quarter-acre estate boasts 100 feet of true deep-water frontage, offering direct access to one of the finest waterways in the area—perfect for boating enthusiasts and those seeking the ultimate coastal lifestyle. The existing residence offers 2 bedrooms, 2 baths, a den, a two-car garage across approximately 2,500 square feet—an excellent opportunity to renovate, reimagine, or create your custom dream home. Whether you choose to transform the current home or start fresh, the value lies in the land, the water frontage, and the unmatched location. Ocean Ridge is one of South Florida's best-kept secrets. The charming coastal town is known for its beauty, tranquility, and exceptional sense of privacy and security. With no commercial congestion and a strong residential character, Ocean Ridge offers a peaceful seaside lifestyle while remaining centrally located between Palm Beach and Delray Beach. Enjoy quick access to Atlantic Avenue in Delray Beach, renowned for its dining, shopping, and nightlife, or head north to Palm Beach's Worth Avenue, 25 minutes away. This property also includes membership to the exclusive McCormick Beach Club, providing private beach accessan invaluable amenity that completes the ultimate Florida waterfront lifestyle. Ocean Ridge represents one of the best value price points in all of South Florida for waterfront living. With limited inventory, protected waterways, and a highly desirable location, opportunities like this are increasingly rare. Dream home. Dream location. Exceptional value. A truly special offering in one of South Florida's most beautiful and sought-after coastal communities.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Parking Garage
Year Built:
1974
Lot:
0.25 Acres
Heating:
Central
Price/sqft:
$2,257
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$424,000
$299K – $602K
Confidence Low
List vs. estimate
$2.9M above estimate
List $3,295,000 · +677.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$2,256
+101.6% vs. city median $1,119
Based on
30 MLS comparables
+ 14 public-records sales within 0.5 mi
Median actual sale: $2.0M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,167
2025
Pool
Private
View
Intracoastal View, Pool
Waterfront
Canal Front, Canal
Garage
2 car garage
Pets
Allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • No Interior Features

    • Family Room

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Parking Garage

    Property

    • Levels: 1

    • Pool Private: Yes

    Lot

    • Lot: 0.25 Acres

    Other Property Information

    • Parcel Number: 46434522090000230

    • Zoning: RSF(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Septic

    • Water Connected

    • Water Available

  • Other financial information

    • Annual tax amount: $9,167

  • Source details

    • MLS ID: R11155024

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Septic

    • Direction Faces: West

    • Other Structures: Livable

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 1460

    • Water Source: Public

    • Subdivision Name: MC CORMICK MILE

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