PRICED AT ONLY: $2,400,000
Address: 18 Adams Road, Ocean Ridge, FL 33435
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
Property Location and Similar Properties
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
For a Fast & FREE Mortgage Pre-Approval
Apply Now
Apply NowShare this Property
- MLS#: RX-11076354 ( Quad Plex )
- Street Address: 18 Adams Road
- Viewed: 12
- Price: $2,400,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1959
- Bldg sqft: 0
- Days On Market: 206
- Additional Information
- Geolocation: 26.516 / -80.0504
- County: PALM BEACH
- City: Ocean Ridge
- Zipcode: 33435
- Subdivision: Ocean Shore Estates
- Provided by: RE/MAX Direct
- Contact: Karen E Cusenza
- (561) 784-3000
- DMCA Notice
Features
Building and Construction
- Absolute Longitude: 80.050437
- Construction: CBS, Concrete
- Exterior Features: Auto Sprinkler, Covered Patio, Extra Building, Fence, Open Patio, Open Porch
- Flooring: Terrazzo Floor, Vinyl Floor
- Roof: Concrete Tile
- Sqft Source: Tax Rolls
- Sqft Total: 2700.00
- Total Building Sqft: 2208.00
Property Information
- Property Condition: Resale
- Property Group Id: 19990816212116581394000000
Land Information
- Lot Description: < 1/4 Acre, East of US-1, Paved Road, Public Road
- Subdivision Information: None
Eco-Communities
- Private Pool: No
- Storm Protection Impact Glass: Complete
- Waterfront Details: None
Utilities
- Carport Spaces: 0.00
- Cooling: Wall-Win A/C
- Heating: Window/Wall
- Number Of Stories: 1.0
- Separate Elec Meters: Yes
- Separate Wtr Meters: Yes
- Utilities: Cable, Electric, Public Water, Septic
- Window Treatments: Hurricane Windows, Impact Glass
Finance and Tax Information
- Homeowners Assoc: None
- Income Expenses Annual Net Oper Inc: 0.00
- Income Expenses Annual Total Expense: 0.00
- Income Expenses Gross Operating Inc: 0.00
- Source Of Expenses: Other
- Tax Year: 2024
Rental Information
- Tenant Pays: Cable, Electric, Water
Other Features
- Avail Info: Leases
- Country: United States
- Housing For Older Persons Act: No Hopa
- Legal Desc: OCEAN SHORE ESTATES (UNREC) LT 12 & UND INT IN LT B
- Multiple Ofrs Acptd: No
- Parcel Id: 46434527130000120
- Special Assessment: No
- Special Info: Sold As-Is
- View: Garden, Other
- Views: 12
- Zoning: RMM(ci
Nearby Subdivisions
Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
