McCormick Mile, 25 Sabal Island Dr

3,650,000-1.51%
$3,595,000
0.32
Acre
Status
Active
Size
0.32 Acres (1,299 m2)
Price
$11,234,375/Acre ($2,768/m2)
Type
Land
MLS Number
R11159543
View
Intercoastal
On Site
147 Days
Updated
11 Days ago
Page Views
0
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 archite... Read more

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: 135
  • 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
$3.6M
High
$4M
Low
$3.6M
Total Change
9.9%
$4M$3.8M$3.5MFeb 26Apr 26May 26Jun 26
Date
Event
Price
Change
Price Per
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
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 .

Listing Location & Street View
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Community Snapshot
2 to 5 BR
Bedrooms
$2.2M to $4.3M
Price Tier
1,460 - 9,455
SqFt Range
1980
Year Build
2
Total Floors
N/A
Total Units
N/A
Total Sales

Ocean Ridge
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