McCormick Mile, 25 Sabal Island Dr

Beds
0.32
Acre
$10,312,500
$/Acre
Sold - Aug 24, 2026
Land
Intercoastal View
Waterfront
OWNER FINANCING AVAILABLE - Shovel-ready waterfront opportunity in Ocean Ridge. This oversized 14,000 SF lot offers approximately 170 feet of direct water frontage in a prime, well-positioned location. The custom residence has been designed by renowned architect Randall Stofft and landscape & hardscape designed my PLA Design. Sale includes approved plans, renderings, and permits for a 5,000 sf under air masterpiece, allowing construction to begin immediately and eliminating lengthy entitlement timelines. Recent improvements include a brand-new concrete dock and seawall, providing immediate waterfront use and long-term durability. A rare chance to build a custom waterfront estate without delay in one of Ocean Ridge's most desirable enclaves.
MLS Number: R11159543
On Site: 228 Days
Updated: 5 Days ago
Page Views: 0

Features

All features
  • Current Use: SingleFamily
  • Approx SqFt Total Area: 13979
  • Property SqFt: 13979
  • Remarks: OWNER FINANCING AVAILABLE - Shovel-ready waterfront opportunity in Ocean Ridge. This oversized 14, 000 SF lot offers approximately 170 feet of direct water frontage in a prime, well-positioned location. The custom residence has been designed by renowned architect Randall Stofft and landscape & hardscape designed my PLA Design. Sale includes approved plans, renderings, and permits for a 5, 000 sf under air masterpiece, allowing construction to begin immediately and eliminating lengthy entitlement timelines. Recent improvements include a brand-new concrete dock and seawall, providing immediate waterfront use and long-term durability. A rare chance to build a custom waterfront estate without delay in one of Ocean Ridge's most desirable enclaves.
  • Internet Remarks: OWNER FINANCING AVAILABLE - Shovel-ready waterfront opportunity in Ocean Ridge. This oversized 14, 000 SF lot offers approximately 170 feet of direct water frontage in a prime, well-positioned location. The custom residence has been designed by renowned architect Randall Stofft and landscape & hardscape designed my PLA Design. Sale includes approved plans, renderings, and permits for a 5, 000 sf under air masterpiece, allowing construction to begin immediately and eliminating lengthy entitlement timelines. Recent improvements include a brand-new concrete dock and seawall, providing immediate waterfront use and long-term durability. A rare chance to build a custom waterfront estate without delay in one of Ocean Ridge's most desirable enclaves.
  • View: Intercoastal
  • Waterfront: Yes
  • Directions: West
  • Days on Market: 151
  • Closing Date: 2026-08-24
  • Office Name: Serhant
  • Taxes: 34411.4
  • Tax Year: 2025
  • Listing Date: 2026-01-31T10:44:26.000-00:00
  • Lot Size Square Feet: 13979

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Price History

Current
$3.3M
High
$4M
Low
$3.3M
Total Change
-17.3%
$4.1M$3.6M$3.2MFeb 26Apr 26May 26Jun 26Jun 26Aug 26Aug 26
Date
Event
Price
Change
Price Per
08/24/2026
Sold
$3.3M
0%
$236 ft2
$2,541 m2
08/24/2026
Price Reduced
$3.3M
0%
$236 ft2
$2,541 m2
06/15/2026
Price Reduced
$3.3M
-8.21%
$236 ft2
$2,541 m2
06/15/2026
Price Reduced
$3.6M
-1.51%
$257 ft2
$2,768 m2
05/19/2026
Price Reduced
$3.7M
-3.92%
$261 ft2
$2,811 m2
04/05/2026
Price Reduced
$3.8M
-4.79%
$272 ft2
$2,925 m2
02/20/2026
Listed
$4M
 
$285 ft2
$3,072 m2
08/24/2026
$3.3M
Event
Sold
Change
0%
Price Per
$236 ft2
$2,541 m2
08/24/2026
$3.3M
Event
Price Reduced
Change
0%
Price Per
$236 ft2
$2,541 m2
06/15/2026
$3.3M
Event
Price Reduced
Change
-8.21%
Price Per
$236 ft2
$2,541 m2
06/15/2026
$3.6M
Event
Price Reduced
Change
-1.51%
Price Per
$257 ft2
$2,768 m2
05/19/2026
$3.7M
Event
Price Reduced
Change
-3.92%
Price Per
$261 ft2
$2,811 m2
04/05/2026
$3.8M
Event
Price Reduced
Change
-4.79%
Price Per
$272 ft2
$2,925 m2
02/20/2026
$4M
Event
Listed
Price Per
$285 ft2
$3,072 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Charles PrakasSerhant • Buyer Agency Compensation .

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Scores

Walk Score®
Car-Dependent. Almost all errands require a car
9

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
39

100
Sound Score®
Bearable noise
76

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
30

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
2 – 5 BR
Bedrooms
$2.2M – $4.3M
Price Tier
1,460 - 9,455
SqFt Range
1980
Year Build
2
Total Floors

Subdivision Amenities

Beach Access
Beach Rights
Boating
Clubhouse
Laundry
None
Pool

Ocean Ridge
High-End
High-End Homes & Condos