
$3,295,000
23 Sabal Island Drive, Ocean Ridge FL 33435
Ocean Ridge, FL, 33435
- Year Built
- 1974
- Lot Size
- 0.25 acres
- Garage
- 2 spaces
- Property Type
- Single Family Residence
- Annual Taxes
- $9,167/yr
- MLS #
- R11155024
Market Position
Using 199 of 552 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $3,295,000 · area median: $509,000
- Days on market
- 189 · area median: 31
Priced below 1% of 199 comparable listings · area median: $335/SF
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 28, 2026 · Newest source update: Jul 28, 2026
Listing courtesy of The Corcoran Group · 561-655-9081
Listed by Steven R. Presson
Last updated: Jul 24, 2026
Overview
Rare Waterfront Opportunity in Ocean Ridge - 100 Feet of Deep-Water Frontage. An extraordinary opportunity to own a premier waterfront property on the highly coveted Sabal Island in Ocean Ridge, Florida. This quarter-acre estate boasts 100 feet of true deep-water frontage, offering direct access to one of the finest waterways in the area—perfect for boating enthusiasts and those seeking the ultimate coastal lifestyle. The existing residence offers 2 bedrooms, 2 baths, a den, a two-car garage across approximately 2,500 square feet—an excellent opportunity to renovate, reimagine, or create your custom dream home. Whether you choose to transform the current home or start fresh, the value lies in the land, the water frontage, and the unmatched location. Ocean Ridge is one of South Florida's best-kept secrets. The charming coastal town is known for its beauty, tranquility, and exceptional sense of privacy and security. With no commercial congestion and a strong residential character, Ocean Ridge offers a peaceful seaside lifestyle while remaining centrally located between Palm Beach and Delray Beach. Enjoy quick access to Atlantic Avenue in Delray Beach, renowned for its dining, shopping, and nightlife, or head north to Palm Beach's Worth Avenue, 25 minutes away. This property also includes membership to the exclusive McCormick Beach Club, providing private beach accessan invaluable amenity that completes the ultimate Florida waterfront lifestyle. Ocean Ridge represents one of the best value price points in all of South Florida for waterfront living. With limited inventory, protected waterways, and a highly desirable location, opportunities like this are increasingly rare. Dream home. Dream location. Exceptional value. A truly special offering in one of South Florida's most beautiful and sought-after coastal communities.
Features
Interior
Heating
Cooling
Parking
Waterfront
View
Appliances
est.$17,425/mo
Est. payment based on a $3,295,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
Similar Properties
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