18 Adams Road, Ocean Ridge, FL 33435

$1,974,999 · Active

  • 4 baths
  • 2,208 sq ft
  • Quadruplex
  • Built 1959
  • Lot 8,712 sq ft
  • 2,700 sq ft total
  • Palm Beach County
  • MLS# R11076354
  • Ocean Shore Estates
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About this home

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.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

RE/MAX Direct · ben@homesbydirect.com · Listing agent: Karen E Cusenza

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 18 Adams Road.

Questions About 18 Adams Road

How much is 18 Adams Road?
18 Adams Road is listed at $1,974,999, which is about $894 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 18 Adams Road?
The listing reports annual property taxes of $18,160 for 2024. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 18 Adams Road built?
18 Adams Road was built in 1959 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 18 Adams Road been on the market?
18 Adams Road has been listed for 570 days, and the asking price has been reduced from $2,500,000. Days on market and price changes are the first signals of how much room there is to negotiate.
How do I see 18 Adams Road?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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Ocean Ridge Neighborhoods

Nearby ZIP Codes

Ocean Ridge neighborhoods include Inlet Cay and Boynton Beach Park. Nearby ZIP codes include 33426 and 33436. This property also neighbors Gulf Stream, Boynton Beach, and Manalapan. Compare it with the Ocean Ridge housing market report.