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Status:
Active
Size: 3,397 SqFt (316 m2)
Price: $823/SqFt ($8,856/m2)
Type: Multi Family
Built: 1956
MLS Number: R11151426
On Site: 92 Days
Updated: 27 Days ago
Page Views: 0
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.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: OutdoorLivingArea
Interior, Heating and Cooling
- Heating Description: WallFurnace
- Cooling Description: CeilingFans, WallWindowUnits
Building and Construction
- Floor Description: Terrazzo,Tile
- Construction Type: Triplex
- Year Built: 1956
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2026-01-04T19:00:00.000-00:00
Taxes, Fees & More
- Taxes: 21714
- Total Units in Building: 3
- Total Units in Complex: 8
Apples-to-Apples Comparables
THINKING OF SELLING
IN Palm Beach Shore Acres at Ocean Ridge?
IN Palm Beach Shore Acres at Ocean Ridge?
Position your home correctly from day one with a data-backed
pricing strategy and targeted marketing plan
pricing strategy and targeted marketing plan
Price History
01/05/2026
Date
Listed
Event
$2.8M
Price
$823 ft2 / $8,856 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Joshua McDonald • Compass Florida LLC • Buyer Agency Compensation .
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