4
Baths
2,208 Sq. Ft.
$906 / Sq. Ft.
2,208
Sq. Ft.
$906
per Sq. Ft.

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...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.
  1. Listed by Karen E Cusenza • Brokerage DRE #2032203 • RE/MAX Direct
    P: (561)-719-5637 C: (561)-719-5637 cusenza@bellsouth.net

Property Details for 18 Adams Road

Furnished
Furnished
View
Garden, Other
Waterfront Details
None
Waterfront
No
Style
No Pool/No Water
Year Built Numeric
1959
Design
Quadruplex
Subdivision
OCEAN SHORE ESTATES
LISTING UPDATED: 03/12/2026 05:31 PM

Property Details for 18 Adams Road

StatusActive
MLS #R11076354
Days on Market365
Taxes$18,160 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1959
Lot Size0.20 AC / 8,712 SF
CountyPalm Beach County

Location

Listing Courtesy of RE/MAX Direct
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Building Information for 18 Adams Road

Stories1Residences-Year Built1959Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$11,220 per month

30 year fixed, 6.11% Interest

Principal and Interest

$9,706

Property Taxes

$1,513

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 18 Adams Road

Summary
Location and General Information
  • Area: 4120
  • City and Location Text: Ocean Ridge
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.515977
  • Information Available: Copy Of Lease(s)
  • MLS Area: 4120
  • MLS Sub Area: PB11, Palm Beach 4110; 4120
  • Postal Code: 33435
  • Roads: Paved
  • State: FL
  • Street #: 18
  • Subdivision Complex Bldg: OCEAN SHORE ESTATES
  • Complex Name: OCEAN SHORE ESTATES
  • Water Access: None
  • Zoning: RMM(ci
Taxes and HOA Information
  • Association Fee: $0
  • HOPA: No HOPA
  • Legal Desc: OCEAN SHORE ESTATES (UNREC) LT 12 & UND INT IN LT B
  • Parcel ID: 46434527130000120
  • Tax Information: City/County
  • Tax Year: 2024
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot
  • Acres: 0.2
  • Approx Sqft Total Area: 2700
  • Lot Square Footage: 8712.0
  • Property Condition: Resale
  • Special Info: Sold As-Is
  • Sq Ft: 2700
  • Sq Ft Liv Area: 2208.0
  • Sq Ft Total: 2,700
  • Type of Building: Quadruplex
  • Property Type: Residential Income, Quadruplex
Property and Assessments
  • Avail Docs: Copy Of Lease(s)
  • Construction Type: Quadruplex, Concrete, Resale, CBS
  • Document Count: 0
  • Legal Description: OCEAN SHORE ESTATES (UNREC) LT 12 & UND INT IN LT B
  • Special Assessment: No
  • Type: Quadruplex
  • Year Built Description: 1959
Utilities
  • Cable Available: Yes
  • Electric Service: Three Phase
  • On Site Utilities: Cable Available, Water Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: Yes
  • Sewer Description: Septic Tank
  • Utilities: Cable Available, Water Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: Yes
  • Construction: CBS, Concrete
  • Gated Community YN: No
  • Guest Accommodations: No
  • Private Pool: No
  • Roof: Concrete
  • Roof Description: Concrete
  • Structure Type: Quadruplex
  • Subdiv Amenities: None
  • Surface Description: Paved
  • Window Features: Storm Window(s)
  • Storm Protection: Impact Glass
  • Patio And Porch Features: Porch, Patio, Porch - Open, Patio - Open, Patio - Covered
  • Fencing: Fenced
  • Other Structures: Outbuilding
Interior Features
  • Baths Total: 4
  • Column Description: CBS, Concrete
  • Cooling: Wall/Window Unit(s)
  • Flooring: Terrazzo, Vinyl
  • Heating: Window/Wall
  • Heating Description: Window/Wall
  • Num Floors: 1
  • Numof Units: 4
  • PatioFeatures: Patio, Porch
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 4
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $.00
  • Income & Expenses: Annual Total Expense: $.00
  • Income & Expenses: Gross Operating Inc: $.00
  • Exp Incl Pool Service: No
  • Expense Amount: $0
  • Gross Operating Income: $0
  • Gross Rent Income: $0
  • Monthly Income: $0
  • Source of Expenses: Other
Unit Information
Unit 1
  • Appliances: Range, Microwave, Refrigerator
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Open Parking, Parking Space
  • Actual Rent: $.00
  • Baths Full: 1
  • Beds Total: 1
  • Furnished: Unfurnished
  • SqFt: 500.0
Unit 2
  • Appliances: Microwave, Range, Refrigerator
  • Other Equipment: Air Conditioning Unit
  • Interior Features: Cathedral/Vaulted Ceiling(s)
  • Parking Features: Open Parking, Parking Space
  • Rooms: Kitchen
  • Actual Rent: $.00
  • Baths Full: 1
  • Beds Total: 1
  • Furnished: Furnished
  • SqFt: 500.0
Unit 3
  • Appliances: Microwave, Refrigerator, Range
  • Other Equipment: Air Conditioning Unit
  • Interior Features: Cathedral/Vaulted Ceiling(s)
  • Parking Features: Open Parking
  • Rooms: Kitchen
  • Actual Rent: $2,025.00
  • Baths Full: 1
  • Beds Total: 1
  • SqFt: 500.0
Unit 4
  • Appliances: Microwave, Refrigerator, Range
  • Other Equipment: Air Conditioning Unit
  • Interior Features: Cathedral/Vaulted Ceiling(s)
  • Parking Features: Open Parking, Parking Space
  • Rooms: Kitchen
  • Actual Rent: $3,250.00
  • Baths Full: 1
  • Beds Total: 1
  • SqFt: 708.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Pets on Premises: No
  • Pets On Premises YN: No
  • Rental Price/SqFt: $740.74
  • Tenant Pays: Cable TV, Electricity, Water

Property History for 18 Adams Road

DateEvent & SourcePriceAppreciation
Feb 4, 2026

Price Change

Beaches MLS #R11076354

$1,999,999
Mar 29, 2025

Listed (Active)

Beaches MLS #R11076354

$2,500,000
Mar 1, 2022

Expired

Beaches MLS #R10765471

$1,750,000
Mar 1, 2022

Expired

Beaches MLS #R10765324

$1,750,000
Feb 3, 2022

Price Change

PBBOR #21-1783

$1,750,000
Jan 19, 2022

Price Change

PBBOR #21-1783

$1,800,000
Dec 18, 2021

Listed (Active)

Beaches MLS #R10765471

$1,900,000
Dec 17, 2021

Price Change

PBBOR #21-1783

$1,900,000
Dec 17, 2021

Price Change

PBBOR #21-1783

$1,800,000
Dec 17, 2021

Listed (Active)

PBBOR #21-1783

$1,750,000
Dec 17, 2021

Listed (Active)

Beaches MLS #R10765324

$1,900,000
Sep 23, 2021

Sold

Beaches MLS #R10729814

$1,125,000
Sep 13, 2021

Sold (Public Record)

Public Record #1475704162

$1,125,000
Aug 10, 2021

Pending

Beaches MLS #R10729814

Aug 3, 2021

Listed (Active)

Beaches MLS #R10729814

$1,500,000
DateEvent & SourcePrice
02/04/2026

Price Change

Beaches MLS #R11076354

$1,999,999
03/29/2025

Listed (Active)

Beaches MLS #R11076354

$2,500,000
03/01/2022

Expired

Beaches MLS #R10765471

$1,750,000
03/01/2022

Expired

Beaches MLS #R10765324

$1,750,000
02/03/2022

Price Change

PBBOR #21-1783

$1,750,000
01/19/2022

Price Change

PBBOR #21-1783

$1,800,000
12/18/2021

Listed (Active)

Beaches MLS #R10765471

$1,900,000
12/17/2021

Price Change

PBBOR #21-1783

$1,900,000
12/17/2021

Price Change

PBBOR #21-1783

$1,800,000
12/17/2021

Listed (Active)

PBBOR #21-1783

$1,750,000
12/17/2021

Listed (Active)

Beaches MLS #R10765324

$1,900,000
09/23/2021

Sold

Beaches MLS #R10729814

$1,125,000
09/13/2021

Sold (Public Record)

Public Record #1475704162

$1,125,000
08/10/2021

Pending

Beaches MLS #R10729814

08/03/2021

Listed (Active)

Beaches MLS #R10729814

$1,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 18 Adams Road

Taxable ValueLand$767,666Additions$163,385Total$931,051
Tax Record2025$17,417 ($1,451 / month)
Home Facts
Baths4Total Finished SqFt2,208 SqFtAbove Grade Finished SqFt2,208 SqFtStories1Lot Size8,769 SqFtStyleQuadraplexYear Built1959Year Renovated1969ZoningRMMCountyPALM BEACHAPN46-43-45-27-13-000-0120

Schools near 18 Adams Road

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - PK to 5
Rating
School
Distance
Forest Park Elementary School
PublicPK to 5

Congress Community Middle School
Public6 to 8

Boynton Beach Community High School
Public6 to 12

Poinciana Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

18 Adams Road is a multi-family home for sale in Ocean Ridge, FL 33435. This property was listed for sale on March 29, 2025 by RE/MAX Direct, it's currently listed at $1,999,999. It has been on the market for a total of 365 days and was last sold on September 23, 2021. This listing's school district is Palm Beach. Nearby schools include Forest Park Elementary School, Congress Community Middle School and Boynton Beach Community High School. 18 Adams Road is a 4-bed, 4-bath, 2,208 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Direct

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.