Ocean Ridge, FL Multifamily Homes For Sale

Great opportunity to own a triplex in greenacres. Units are 3/1, 2/1, and 2/1. Each unit is rented.

Great opportunity to own a duplex in greenacres! Each unit has 2 beds and 1 full bath. Units are rented.

Prime location: located one block from the beach in ocean ridge, a prestigious and highly desirable area in florida. 8 units comprised of 3 studios and five 1 bed, 1 bath. All on separate elec. Meters. Shared coin laundry. Complete accordion shutters. 100% occupied, annual leases. Some rents are below market. Investment potential: ideal for investors looking for a stable income property with strong appreciation. Outdoor space: features patios, swimming pool, barbecue, etc. Redevelopment opportunity: potential for redevelopment into luxury townhomes or condos, given the upscale neighborhood. Community appeal: ocean ridge is known for its community feel, and exclusivity. Close to downtown delray beach, shopping, restaurants, and nightlife.

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.

Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in ocean ridge. This two unit duplex can yield over $20, 000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and bbq grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in ocean ridge. This two unit duplex with no rental restrictions can yield over $20, 000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and bbq grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Roof 2015. Air conditioning units are 2 years old. Appliances are brand new. 7 fayette east: forno espresso package - 30" induction range, refrigerator and dishwasher in white with antique brass. Forno espresso capoliveri 24" 1.2 cu. Ft. Built-in microwave drawer in white with antique brass handles 7 fayette west: samsung oven, frigidaire cooktop, whirlpool refrigerator. Smart tvs. Washer and dryer in each unit.