Sold Jul 17, 2026
$1,425,000About this home
Rare opportunity to own a 10,000± square foot multi-family zoned lot in the highly desirable coastal community of Ocean Ridge. Just a short walk to the beach, this prime property offers the perfect blend of investment potential and relaxed South Florida living. Enjoy a peaceful stroll to the ocean along a charming beach access path owned and maintained by the neighboring street residents, adding to the unique character and privacy of the area. Surrounded by beautiful coastal homes and tropical landscapes, this property presents endless possibilities for development, whether creating luxury income-producing residences, vacation rentals, or a boutique coastal retreat. Ocean Ridge is known for its quiet beachside atmosphere, upscale lifestyle, and ideal location just minutes from Delray Beach renowned dining, shopping, marinas, and entertainment. A rare chance to secure a multi-family development opportunity in one of Palm Beach County's most exclusive beach communities, only moments from the sand and Atlantic Ocean breezes.
Listing last checked: Listing updated:
Listed by Curtis Brown · Hampton Real Estate Group · MLS #B26034289
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Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities4 property facts
- Lot size
- 0.23 acres
- Water
- Public
- Sewer
- Septic Tank
- Zoning
- RMM
Financial2 property facts
- Annual taxes
- $20,360
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,395,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$8,751 / monthAdjust
- Principal & interest
- $7,054
- Property tax
- $1,697
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $20,360. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- New
$1,395,000 · Jun 30, 2026
- Lsd
$2,650 · Sold $2,650 · May 17, 2023
- Lsd
$2,500 · Sold $2,500 · Mar 24, 2022
- Sld
$1,300,000 · Sold $1,200,000 · Jan 20, 2022
- Sld
$1,300,000 · Sold $1,200,000 · Jan 14, 2022
More property insights
Comparable properties 3 supplied
Sold Aug 1, 2026
$1,275,0002970 Greenbriar Boulevard
Sold Jul 27, 2026
$1,350,0003139 Lake Shore Drive
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About 14 Tropical Drive
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