Ocean Ridge · FL
18 Adams Road, Ocean Ridge, FL 33435
Ocean Ridge, FL 33435
Price
$1,999,999
Price dropPrice per sqft: $906/sqft
0
Bedrooms
4
Baths
2,208
SqFt

MLS® ID: R11076354
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 zone
0
Bedrooms
4
Baths
2,208
SqFt
House
Type
Explore more
Similar properties
Est. payment
$12,863/mo
- Principal & interest
- $10,113
- Property taxes
- $2,000
- Home insurance
- $750
- HOA fees
- N/A
Utilities not included
Calculations are estimates only and not a loan commitment. Taxes, insurance, rates and APR may vary. Final approval depends on lender review.
Tip
Save your favorite properties and compare them later. We can focus on the best options for you.
View favorites


