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18 Adams Road

Ocean Ridge, FL 33435
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Bed 4

Bed

Bath 4

Bath

SqFt2,208

Sqft

SqFt8,767

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,999,999

AD Id : 67765239

MLS Id : R11076354

Beds : 4

Lot Size : 8,767 Sqft

Living Area Size : 2,208

Year Built : 1959

County : Palm Beach

Subdivision: Ocean Ridge

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Feature Features

  • Interior Features

    Roof: Concrete
    Window Features: StormWindows
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1959
    Building Area Total: 2700
    Construction Materials: Block, Concrete
    Stories: 1
    Patio And Porch Features: Covered, Patio, Porch
    Private Pool: No
    Water front Features: None
    View: Garden, Other
  • Exterior Features

    Exterior Features: OutdoorLivingArea

  • Lot Information

    Main Square Feet: 8767 Lot Size Acres: 0.2 Lot Description: SprinklersAutomatic,LessThanQuarterAcre

    Property Information

    Subdivision: OCEAN SHORE ESTATES Source Property Type: ResidentialIncome Property SubType: Quadruplex Levels: One Property Age: 67

  • Listing Price Information

    Listing Price: $1999999
    Original Price: $2500000
    Cash

  • Tax Information

    Parcel Number: 46434527130000120 Tax Year: 2024 Annual Tax: $18160.2 Tax Legal Desc: OCEAN SHORE ESTATES (UNREC) LT 12 & UND INT IN LT B

  • Homeowners Association Information

    Association Amenities: None

  • Utility Information

    CableAvailable, WaterAvailable
  • Location Information

    Direction: I95 to Woolbright, east to A1A, North on A1A to Adams Rd on the right. WaterSource: MultipleMeters, Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
33 Spanish River Drive, Ocean Ridge, FL, 33435 $3,595,000 4 4 3,220 3,220 SqFt
23 Sabal Island Drive, Ocean Ridge, FL, 33435 $3,295,000 2 2 1,460 1,460 SqFt
125 Marlin Drive, Ocean Ridge, FL, 33435 $4,250,000 5 7 4,100 4,100 SqFt
102 Bonito Drive, Ocean Ridge, FL, 33435 $2,500,000 4 5 4,000 4,000 SqFt
6064 N Ocean Boulevard, Ocean Ridge, FL, 33435 $13,000,000 1 4 1,329 1,329 SqFt
5505 N Ocean Boulevard .., Ocean Ridge, FL, 33435 $895,000 3 3 2,220 2,220 SqFt
103 Bonito Drive, Ocean Ridge, FL, 33435 $2,200,000 4 4 3,018 3,018 SqFt
3 Hudson Avenue, Ocean Ridge, FL, 33435 $11,995,000 5 8 5,332 5,332 SqFt
92 Island Drive, Ocean Ridge, FL, 33435 $3,499,999 4 4 3,233 3,233 SqFt
24 Douglas Drive, Ocean Ridge, FL, 33435 $985,000 2 1 1,198 1,198 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/18/2026 @ 01:57

MLS: R11076354 LISTED BY: Karen Cusenza, RE/MAX Direct 561-784-3000 SOURCE: Beaches MLS

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