18 Adams Road, Ocean Ridge, FL 33435

• 4 baths |
• 2,208 sqft

Property 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 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.

Listing Status:

Active

Date Added:

March 29, 2025

Data Last Updated:

May 11, 2026 at 10:20PM

Listing Office:

RE/MAX Direct : 561-784-3000

Listing Agent:

Karen E Cusenza : 561-719-5637

MLS ID:

R11076354

Interior

• Flooring: TerrazzoVinyl
• A/C: Wall/Window Unit(s)
• Heating: Wall Furnace

Exterior

• General: Outdoor Living AreaOutbuilding
• Other Structures: OutbuildingPorchPatioCovered

Construction

• Roofing: Concrete
• Windows: Storm Window(s)
• General: BlockConcrete1

Location

• Road/Access: Public Road
• HOA Amenities: None
• Originating MLS: BEACH_BEACH
• County: Palm Beach

Lot

• Zoning: RMM(ciOCEAN SHORE ESTATES (UNREC) LT 12 & UND INT IN LT B46434527130000120
• View: GardenOtherView
• Fencing: Fenced

Utilities

• Utilities: Cable AvailableWater Available3 Phase
• Water: Multiple MetersPublic
• Sewer: Septic Tank

Financial

• Source: BEACH_BEACH