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. 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.
For sale
Price cut: $100K (4/28)
$2,400,000
18 Adams Road, Ocean Ridge, FL 33435
4beds
2,208sqft
Est.:
Multi Family
Built in 1959
-- sqft lot
$2,236,900 Zestimate®
$1,087/sqft
$-- HOA
What's special
Comfortable coastal retreatRenovated and updated bathsRecently installed new roofWhite quartz countertopsNew vinyl flooringImpact-resistant windows and doorsStainless-steel appliances
- 35 days
- on Zillow |
- 324 |
- 32 |
Zillow last checked: 7 hours ago
Listing updated: April 28, 2025 at 08:16am
Listed by:
Karen Cusenza 561-719-5637,
Re/Max Direct
Source: BeachesMLS,MLS#: RX-11076354
Originating MLS: Beaches MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s), A/C Unit
Appliances
- Included: Microwave, Electric Range, Refrigerator, Range - Electric
Features
- Volume Ceiling, Kitchen, Volume Ceilings
- Flooring: Terrazzo, Vinyl
- Windows: Hurricane Windows, Impact Glass, Complete Impact Glass
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,208 sqft
Video & virtual tour
Property
Parking
- Parking features: Open, Space Parking, Open Parking
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Covered Patio, Open Patio, Open Porch, Patio, Screened Porch
- Exterior features: Auto Sprinkler
- Fencing: Fenced
- Has view: Yes
- View description: Garden, Other
- Waterfront features: None
Lot
- Size: 8,767 Square Feet
- Features: < 1/4 Acre, East of US-1
Details
- Additional structures: Extra Building
- Parcel number: 46434527130000120
- Zoning: RMM(ci
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- CBS, Concrete
- Roof: Concrete
Condition
- Resale
- New construction: No
- Year built: 1959
Utilities & green energy
- Electric: Electric Meter, Separate Electrical Meters
- Sewer: Septic Tank
- Water: Public Water, Separate Water Meters
- Utilities for property: Cable Connected, Electricity Connected
Community & HOA
Community
- Features: None
- Subdivision: Ocean Shore Estates
HOA
- Has HOA: No
Location
- Region: Ocean Ridge
Financial & listing details
- Price per square foot: $1,087/sqft
- Tax assessed value: $982,373
- Annual tax amount: $18,160
- Date on market: 3/29/2025
- Listing terms: Cash
- Tenant pays: Cable TV, Electricity
- Electric utility on property: Yes
- Road surface type: Paved
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