Premier Brokers International
23 Sabal Island Drive, Ocean Ridge, FL 33435
ActiveBeachesMLS
ActiveMLS® R11155024
$3,295,000

23 Sabal Island Drive, Ocean Ridge, FL 33435

Beds
2
Baths
2
Sqft
1,460
Est. payment$19,509/mo
Home type
Single Family Residence
Year built
1974
Lot size
10,890 sqft
Price / sqft
$2,257
HOA
—
Community
MC CORMICK MILE

Property description

Rare Waterfront Opportunity in Ocean Ridge - 100 Feet of Deep-Water Frontage. An extraordinary opportunity to own a premier waterfront property on the highly coveted Sabal Island in Ocean Ridge, Florida. This quarter-acre estate boasts 100 feet of true deep-water frontage, offering direct access to one of the finest waterways in the area—perfect for boating enthusiasts and those seeking the ultimate coastal lifestyle. The existing residence offers 2 bedrooms, 2 baths, a den, a two-car garage across approximately 2,500 square feet—an excellent opportunity to renovate, reimagine, or create your custom dream home. Whether you choose to transform the current home or start fresh, the value lies in the land, the water frontage, and the unmatched location. Ocean Ridge is one of South Florida's best-kept secrets. The charming coastal town is known for its beauty, tranquility, and exceptional sense of privacy and security. With no commercial congestion and a strong residential character, Ocean Ridge offers a peaceful seaside lifestyle while remaining centrally located between Palm Beach and Delray Beach. Enjoy quick access to Atlantic Avenue in Delray Beach, renowned for its dining, shopping, and nightlife, or head north to Palm Beach's Worth Avenue, 25 minutes away. This property also includes membership to the exclusive McCormick Beach Club, providing private beach accessan invaluable amenity that completes the ultimate Florida waterfront lifestyle. Ocean Ridge represents one of the best value price points in all of South Florida for waterfront living. With limited inventory, protected waterways, and a highly desirable location, opportunities like this are increasingly rare. Dream home. Dream location. Exceptional value. A truly special offering in one of South Florida's most beautiful and sought-after coastal communities.

Listing activity

Days on market
256
Listed
Jan 16, 2026
MLS listing updated
5 hours ago
Feed last checked
3 minutes ago

Listed by Steven R. Presson · The Corcoran Group

Map

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

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2
Half bathrooms
0
Main-level bedrooms
2
Main-level bathrooms
2

Rooms & features

Rooms
4
Interior features
None
Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Furnished
Unfurnished

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
2
Garage
Yes
Covered spaces
2
Parking features
Garage
Attached garage
No

Exterior

Stories
1
Building area
2,522 sqft
Pool
Yes
Pool features
In Ground
View
Intracoastal, Pool
Waterfront
Canal Front
Waterfront property
Yes

Lot

Lot size
10,890 sqft
Lot size (acres)
0.25 acres
Lot dimensions
100.0 ft x 110.0 ft
Zoning
RSF(ci
Construction

Type & style

Home type
Single Family Residence
Year built
1974
New construction
No

Materials

Construction
CBS
Property condition
Resale
Faces
West
Utilities & green energy

Utilities

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

Community

Subdivision
MC CORMICK MILE
MLS area
4120
MLS subarea
PB11
Pets allowed
No Restrictions, Yes
55+ community
No

Association

Has association
No
Amenities
None
Lease details

Not reported by the listing source.

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
R11155024
Possession
Close Of Escrow
Original list price
$3,295,000
Parcel number
46434522090000230
Annual property tax
$9,167.59
Tax year
2025
Tax legal description
MC CORMICK MILE LT 23
Additional MLS details

Reported by the listing source

Association Amenities
None
Association
No
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
2522
Construction Materials
CBS
County Or Parish
Palm Beach
Days On Market
256
Direction Faces
West
List Price
3295000
Listing Contract Date
2026-01-16
Living Area
1460
Lot Size Acres
0.25
Lot Size Area
11008
Lot Size Dimensions
100.0 ft x 110.0 ft
MLSArea Major
4120
MLSArea Minor
PB11
Main Level Bathrooms
2
Main Level Bedrooms
2
Mls Status
Active
On Market Date
2026-01-16
Photos Count
16
Postal Code
33435
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
4
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-01-16T18:00:57Z
Stories Total
1
Subdivision Name
MC CORMICK MILE
Water Source
Public
Waterfront Features
Canal Front
Tax Annual Amount
9167.59
Bathrooms Full
2
Pool Private
Yes
Bedrooms Total
2
Bathrooms Half
0

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
Jan 16, 2026ListedBeachesMLS$3,295,000$2,257/sqft

Public tax history

YearProperty taxesAssessment
2025$9,168—

Payment calculator

Estimated monthly payment$19,509/moIllustrative estimate, not a loan offer.
Principal & interest
$17,097
Property taxes
$764
Insurance
$1,648
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

MC CORMICK MILE

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.

Nearby homes

12 homes

Similar homes

12 homes
BeachesMLS

BeachesMLS · Listing courtesy of The Corcoran Group. 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.