18 Adams Road, Ocean Ridge, FL 33435

Description of 18 Adams Road, Ocean Ridge, FL 33435

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.

Property Details for 18 Adams Road, Ocean Ridge, FL 33435

Flooring

Terrazzo, Vinyl

Heating

Window/Wall

Cooling

Wall/Window Unit(s)

Pool Private

No

Year Built Details

Resale

Building Information for 18 Adams Road, Ocean Ridge, FL 33435

Building Area Total

2700

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Association Amenities

None

Property Information for 18 Adams Road, Ocean Ridge, FL 33435

Lot Features

Less Than 1/4 Acre Lot, East Of US 1, Fenced, Septic

Lot Size Square Feet

8,767

Waterfront

No

View

Garden, Other, Other Water View

Construction Materials

Concrete Block Construction, CBS Construction

Roof

Concrete

Exterior Features

East Of Us1

Sewer

Septic Tank

Water Source

Public

New Construction

No

Public Records for 18 Adams Road, Ocean Ridge, FL 33435

Parcel Number

46434527130000120

Tax Annual Amount

$18,160

Tax Year

2,024

Tax Legal Description

OCEAN SHORE ESTATES (UNREC) LT 12 & UND INT IN LT B

Zoning

RMM(ci

County Or Parish

Palm Beach County

Location