McCormick Mile, 7 Sabal Island Dr

Beds
0.39
Acre
$23,576,923
$/Acre
Land
Intercoastal View
Waterfront
Two extraordinary, wide water intracoastal lots, side by side - each with 162.5'feet of deep-water frontage. Access the ocean inlet in less than two minutes from this high and dry first time offering. Never before built on, totally virgin soil, perched high and dry by a brand new state-of-the-art 7.5' foot high seawall (the previous wall was only 2.5' feet high--no flooding here!) Plus, a newly installed 18'' state-of-the-the-art drainage system. This is truly a one-of-a-kind opportunity to own the only oversized lots in all of Ocean Ridge, directly on the wide intracoastal. Complete documentation available for your perusal of all phases of development for this property. Purchase as one 325'-foot, 33,400 SF lot for $17,475,000 or separately. Lot 9 $8,850,000 (16,500 SF lot)
MLS Number: R11068594
On Site: 559 Days
Updated: 550 Days ago
Page Views: 0

Features

All features
  • Approx SqFt Total Area: 16800
  • Property SqFt: 16800
  • Remarks: Two extraordinary, wide water intracoastal lots, side by side - each with 162.5'feet of deep-water frontage. Access the ocean inlet in less than two minutes from this high and dry first time offering. Never before built on, totally virgin soil, perched high and dry by a brand new state-of-the-art 7.5' foot high seawall (the previous wall was only 2.5' feet high--no flooding here!) Plus, a newly installed 18'' state-of-the-the-art drainage system. This is truly a one-of-a-kind opportunity to own the only oversized lots in all of Ocean Ridge, directly on the wide intracoastal. Complete documentation available for your perusal of all phases of development for this property. Purchase as one 325'-foot, 33, 400 SF lot for $17, 475, 000 or separately. Lot 9 $8, 850, 000 (16, 500 SF lot)
  • Internet Remarks: Two extraordinary, wide water intracoastal lots, side by side - each with 162.5'feet of deep-water frontage. Access the ocean inlet in less than two minutes from this high and dry first time offering. Never before built on, totally virgin soil, perched high and dry by a brand new state-of-the-art 7.5' foot high seawall (the previous wall was only 2.5' feet high--no flooding here!) Plus, a newly installed 18'' state-of-the-the-art drainage system. This is truly a one-of-a-kind opportunity to own the only oversized lots in all of Ocean Ridge, directly on the wide intracoastal. Complete documentation available for your perusal of all phases of development for this property. Purchase as one 325'-foot, 33, 400 SF lot for $17, 475, 000 or separately. Lot 9 $8, 850, 000 (16, 500 SF lot)
  • View: Intercoastal
  • Waterfront: Yes
  • Days on Market: 9
  • Office Name: William Raveis Real Estate
  • Area: 16800
  • Taxes: 46085
  • Tax Year: 2024
  • Listing Date: 2025-03-06T06:15:20.000-00:00
  • Lot Size Square Feet: 16800

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Price History

Date
Event
Price
Change
Price Per
03/06/2025
Listed
$9.2M
 
$547 ft2
$5,891 m2
03/06/2025
$9.2M
Event
Listed
Price Per
$547 ft2
$5,891 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Nicholas YounkerWilliam Raveis Real Estate • 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