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Listed by Re/Max Direct

$2,400,000

Est. payment - /mo

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4 Beds

4 Baths

2,208 SqFt

Price Dropped by $100K

18 Adams RD Ocean Ridge, FL 33435

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MAXIM LLC

maxim@maximrealtors.com +1(407) 288-0704

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Key Details

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Active

Purchase Type For Sale

Square Footage 2,208 sqft

Price per Sqft $1,086

Subdivision Ocean Shore Estates

MLS Listing ID RX-11076354

Bedrooms 4

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1959

Annual Tax Amount $18,160

Tax Year 2024

Lot Size 8,767 Sqft

Property Sub-Type Quad Plex

Property Description

What an AMAZING OPPORTUNITY! Seize this exceptional chance to own a multifamily quadplex in the exclusive and rapidly growing Ocean Ridge neighborhood, situated east of A1A and less than a minute's walk from deeded beach access. This multifamily quadplex presents an exceptional income-generating opportunity, is ideal for investors looking to capitalize on short term, seasonal and long-term rental demand. Situated on approximately 65' x 137' lot, this 2,700 sq. ft. quadplex, consists of four spacious 1-bedroom, 1-bathroom units, each offering a comfortable coastal retreat. 1 unit can be converted to a very spacious 2 bedroom, 1 bath unit. New Upgrades include: Recently installed new roof (2025), impact-resistant windows and doors. All four units have been tastefully updated. Kitchens

Location

State FL

County Palm Beach

Area 4120

Zoning RMM(ci

Interior

Heating Window/Wall

Cooling Wall-Win A/C

Flooring Terrazzo Floor, Vinyl Floor

Exterior

Exterior Feature Auto Sprinkler, Covered Patio, Extra Building, Fence, Open Patio, Open Porch

Community Features Sold As-Is

Utilities Available Cable, Electric, Public Water, Septic

Amenities Available None

Waterfront Description None

View Garden, Other

Roof Type Concrete Tile

Present Use Sold As-Is

Private Pool No

Building

Lot Description < 1/4 Acre, East of US-1, Paved Road, Public Road

Story 1.0

Foundation CBS, Concrete

Construction Status Resale

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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MAXIM LLC

+1(407) 288-0704

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18 Adams RD Ocean Ridge, FL 33435

MAXIM LLC

Key Details

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18 Adams RD