McCormick Mile, 9 Sabal Island Dr Ocean Ridge, FL 33435

$8,850,000Price
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Size: 16,500 ft2 / 1,533 m2
Price: $536 ft2 / $5,773 m2
MLS Number: R11068595
View: Intercoastal
On Site: 29 Days
Updated: 19 Days ago
Page Views: 0
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)

Features

All features
Approx SqFt Total Area: 16500
Property SqFt: 16500
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: 16500
Taxes: 114665
Tax Year: 2024
Listing Date: 2025-03-06T06:15:51.000-00:00
Lot Size Square Feet: 16500

Price History

03/06/2025

Date

Listed

Event

$8.9M

Price

$536 ft2 / $5,773 m2

Price Per

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 .

Instant Comparative Market Analysis

$100/ft²
$500/ft²
$1,000/ft²
$1,600/ft²

Unit 9 Sabal Island Dr – Asking

$N/A/ft²

Closed Medium $/ft²

$1,292/ft²
Community $/Price Range (Closed) $1036/ft² – $1444/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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