Ocean Ridge, FL Multifamily Homes For Sale

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.