Overview
- Quadruplex, Residential Income
- 4
- 2700
- 1959
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. Unit 4 currently has an annual lease in place with tenant’s paying $3,250 per month. Unit 3 currently has an annual lease in place with tenant paying $2,025 per month. New Upgrades include: Recently installed new roof (2025), impact-resistant windows and doors. All four units have been tastefully updated. Kitchens with white quartz countertops, white shaker cabinets, and stainless-steel appliances. Renovated and updated baths in all four units. Terrazzo floors in unit 4 and new vinyl flooring throughout the remaining 3 units. The property is zoned RMM Medium Density Residential, allowing for single-family and multifamilydevelopment offering potential for future expansion or redevelopment. Unbeatable Location: Less than a minute’s walk to the beach, bike trails, and scenic oceanfront roads. High Rental Demand: Strong monthly, seasonal, and annual rental potential due to its prime location. Conveniently close to Downtown Delray Beach, residents enjoy easy access to top-tier dining, shopping, and entertainment. Whether you’re looking to enhance your investment portfolio or create a bespoke coastal retreat, this property offers unmatched potential for income generation and future development. Don’t miss out on this rare opportunity. Schedule your private showing today.
Address
Open on Google Maps- Address 18 Adams Road
- City Ocean Ridge
- State/county FL
- Zip/Postal Code 33435
- Area Palm Beach
Details
Updated on July 28, 2026 at 1:03 pm- Property ID: HZR11076354
- Price: $1,974,999
- Property Size: 2700 Sqft
- Land Area: 0.2 Acres
- Bathrooms: 4
- Garage Size: x x
- Year Built: 1959
- Property Type: Quadruplex, Residential Income
- Property Status: Active, For Sale
Additional details
- Listing Terms: Cash
- Roof: Concrete
- Utilities: Cable Available, Water Available
- Sewer: Septic Tank
- Cooling: Wall/Window Unit(s)
- Heating: Wall Furnace
- Flooring: Terrazzo, Vinyl
- County: Palm Beach
- Property Type: Residential Income
- Waterfront: None
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees