Premier Brokers International
18 Adams Road, Ocean Ridge, FL 33435
ActiveBeachesMLS
ActiveMLS® R11076354
$1,974,999

18 Adams Road, Ocean Ridge, FL 33435

Beds
—
Baths
4
Sqft
2,208
Est. payment$12,748/mo
Home type
Quadruplex
Year built
1959
Lot size
8,712 sqft
Price / sqft
$894
HOA
—
Community
OCEAN SHORE ESTATES

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. 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.

Listing activity

Days on market
548
Listed
Mar 29, 2025
MLS listing updated
Sep 28, 2026
Feed last checked
9 minutes ago

Listed by Karen E Cusenza · RE/MAX Direct

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
4
Bathrooms (decimal)
4

Rooms & features

Flooring
Terrazzo, Vinyl
Window features
Storm Window(s)

Heating & cooling

Heating
Window/Wall
Cooling
Wall/Window Unit(s)
Property

Exterior

Building area
2,700 sqft
Patio & porch
Porch, Patio, Porch - Open, Patio - Open, Patio - Covered
Fencing
Fenced
Other structures
Outbuilding
Pool
No
View
Garden, Other
Waterfront
None
Waterfront property
No

Lot

Lot size
8,712 sqft
Lot size (acres)
0.2 acres
Zoning
RMM(ci
Road surface
Paved
Road frontage
East of US-1, Public Road
Construction

Type & style

Home type
Quadruplex
Structure type
Quadruplex
Year built
1959
New construction
No

Materials

Construction
CBS, Concrete
Roof
Concrete
Property condition
Resale
Utilities & green energy

Utilities

Electric
Three Phase
Sewer
Septic Tank
Water
Public
Utilities
Cable Available, Water Available
Community & HOA

Community

Subdivision
OCEAN SHORE ESTATES
MLS area
4120
MLS subarea
PB11
55+ community
No

Association

Has association
No
Amenities
None
Lease details

Rental information

Tenant pays
Cable TV, Electricity, Water
Location

Area details

City
Ocean Ridge
County
Palm Beach
ZIP code
33435
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
R11076354
Original list price
$2,500,000
Parcel number
46434527130000120
Annual property tax
$18,160.2
Tax year
2024
Tax legal description
OCEAN SHORE ESTATES (UNREC) LT 12 & UND INT IN LT B
Additional MLS details

Reported by the listing source

Association Amenities
None
Association
No
Bathrooms Total Decimal
4
Bathrooms Total Integer
4
Building Area Total
2700
Construction Materials
CBS, Concrete
County Or Parish
Palm Beach
Days On Market
548
List Price
1974999
Listing Contract Date
2025-03-29
Living Area
2208
Lot Size Acres
0.2
Lot Size Area
8767
MLSArea Major
4120
MLSArea Minor
PB11
Mls Status
Active
On Market Date
2025-03-29
Patio And Porch Features
Porch, Patio, Porch - Open, Patio - Open, Patio - Covered
Photos Count
71
Postal Code
33435
Price Change Timestamp
2026-07-28T13:00:34Z
Property Sub Type
Quadruplex
Property Type
Residential Income
Road Frontage Type
East of US-1, Public Road
Road Surface Type
Paved
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2025-03-29T19:16:48Z
Stories
1
Subdivision Name
OCEAN SHORE ESTATES
Water Source
Public
Waterfront Features
None
Tax Annual Amount
18160.2
Pool Private
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Mar 29, 2025ListedBeachesMLS$2,500,000$1,132/sqft
Jul 28, 2026Price reducedBeachesMLS$1,974,999$894/sqft

Public tax history

YearProperty taxesAssessment
2024$18,160—

Payment calculator

Estimated monthly payment$12,748/moIllustrative estimate, not a loan offer.
Principal & interest
$10,248
Property taxes
$1,513
Insurance
$987
Association dues
—

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

OCEAN SHORE ESTATES

Ocean Ridge · Palm Beach County · 33435

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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12 homes

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BeachesMLS

BeachesMLS · Listing courtesy of RE/MAX Direct. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.