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29 Hibiscus Way, Ocean Ridge FL 33435

Commercial For Sale
$2,749,000

BTC: 43.22327044

ETH: 1,444.83454568

-$736K (2026/06/19)
115 days
Waterfront
0 room(s)

Overview

An exceptional offering in the exclusive enclave of Hibiscus Way in Ocean Ridge permit ready with a brand new seawall and cap, this rare vacant lot presents a truly unparalleled opportunity to create a bespoke waterfront estate. One of only seven distinguished residences on this private, highly coveted street, the property offers approximately 85± feet of pristine deepwater frontage with direct access to the Intracoastal Waterway. Spanning approximately 10,000± square feet, the homesite provides the perfect canvas for a custom luxury residence in a setting defined by tranquility, prestige, and seclusion. Ideally positioned between the vibrant energy of Delray Beach's famed Atlantic Avenue and the timeless sophistication of Palm Beach's Worth Avenue, with seamless access to international airports, this is a once-in-a-generation opportunity to build a legacy property in one of South Florida's most exclusive coastal communities.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.23 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,772,500
$254K – $12.9M
Confidence Low
List vs. estimate
$976K above estimate
List $2,749,000 · +55.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
26 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $185K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$48,349
2025
View
Canal, Intracoastal View
Waterfront
Canal Front, Canal Width 81-120 Feet
All facts and features
  • Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 46434527120000180

    • Zoning: RSF (city)

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • No Utilities

    • Septic

    • None

  • Other financial information

    • Annual tax amount: $48,349

  • Source details

    • MLS ID: B26012812

    Other facts

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

    • Direction Faces: South

    • Waterfront: Yes

    • Water Source: Public

    • Lot Size Dimensions: 109x105

    • Subdivision Name: OCEAN RIDGE BEACH

Private inquiry
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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: Serhant