4
Baths
1,844 Sq. Ft.
$1,028 / Sq. Ft.
1,844
Sq. Ft.
$1,028
per Sq. Ft.

Description

Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the...Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and BBQ grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex with no rental restrictions can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and BBQ grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Roof 2015. Air conditioning units are 2 years old. Appliances are brand new. 7 Fayette East: FORNO Espresso Package - 30" Induction Range, Refrigerator and Dishwasher in White with Antique Brass. FORNO Espresso Capoliveri 24" 1.2 cu. ft. Built-In Microwave Drawer in White with Antique Brass Handles 7 Fayette West: Samsung oven, Frigidaire cooktop, Whirlpool refrigerator. Smart TVs. Washer and dryer in each unit. In the event this Property is placed under contract with no contingencies and the Contract subsequently terminates or expires for any reason other than a Seller default, and the Seller and/or the Seller's Listing Broker is entitled to receive and/or retain the Earnest Money Deposit as liquidated damages, then unless expressly stated otherwise in the governing Contract, Buyer's broker/agent shall not be entitled to, nor receive, any portion of the Earnest Money Deposit retained by Seller and/or Seller's Listing Broker.
  1. Listed by Frederick Moran • Brokerage DRE #2024679 • The Corcoran Group
    P: (561)-504-9044 C: (561)-504-9044 fred.moran@corcoran.com

Property Details for 7 Fayette Drive

Furnished
Furnished
View
Garden
Waterfront Details
None
Waterfront
No
Style
No Pool/No Water
Year Built Numeric
1954
Pets Allowed YN
No
Design
Duplex
LISTING UPDATED: 06/09/2026 02:43 PM

Property Details for 7 Fayette Drive

StatusActive
MLS #R11159002
Days on Market136
Taxes$18,572 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1954
Lot Size0.17 AC / 7,405 SF
CountyPalm Beach County

Location

Listing Courtesy of The Corcoran Group
Add your commute

Building Information for 7 Fayette Drive

Stories1Residences-Year Built1954Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$10,991 per month

30 year fixed, 6.36% Interest

Principal and Interest

$9,443

Property Taxes

$1,548

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7 Fayette Drive

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: 26.512587
  • Information Available: None
  • MLS Area: 4120
  • MLS Sub Area: PB11, Palm Beach 4110; 4120
  • Postal Code: 33435
  • State: FL
  • Street #: 7
  • Subdivision Complex Bldg: TROPICAL PARK
  • Complex Name: TROPICAL PARK
  • Water Access: None
  • Zoning: RMM(ci
Taxes and HOA Information
  • Association Fee: $0
  • HOPA: No HOPA
  • Legal Desc: TROPICAL PARK ADD 1 LT 3
  • Parcel ID: 46434534030000030
  • Tax Information: City/County
  • Tax Year: 2025
School Information
  • Elementary School: Forest Park
  • High School: Boynton Beach
  • Middle School: Congress
  • Senior High School: Boynton Beach
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot, Less Than 1 Acre Lot
  • Acres: 0.17
  • Approx Sqft Total Area: 2166
  • Approximate Lot Size: 94 x 80
  • Lot Dimensions: 94 x 80
  • Property Condition: Resale
  • Special Info: Flood Zone, Property Survey Available, Sold As-Is
  • Sq Ft: 2166
  • Sq Ft Liv Area: 1844.0
  • Sq Ft Total: 2,166
  • Type of Building: Duplex
  • Property Type: Residential Income, Duplex
Property and Assessments
  • Avail Docs: None
  • Construction Type: Duplex, Flat, Resale, Block, CBS, Concrete
  • Document Count: 2
  • Legal Description: TROPICAL PARK ADD 1 LT 3
  • Management Co: Yes
  • Management Company: Company Name: Exhale Vacation Rentals
  • Management Company: Email: elona@exhalevacationrentals.com
  • Management Company: Phone: 917 916-7088
  • Special Assessment: No
  • Type: Duplex
  • Year Built Description: 1954
Utilities
  • Cable Available: Yes
  • Electric Service: True
  • On Site Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available
  • Separate Elec Meters: No
  • Separate Meter: No
  • Separate Wtr Meters: No
  • Sewer Description: Septic Tank
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: Yes
  • Construction: Block, CBS, Concrete
  • Gated Community YN: No
  • Guest Accommodations: No
  • Private Pool: No
  • Roof: Flat
  • Roof Description: Flat
  • Structure Type: Duplex
  • Window Features: Plantation Shutters
  • Storm Protection: Impact Glass
  • Patio And Porch Features: Patio, Patio - Open
  • Fencing: Fenced
Interior Features
  • Baths Total: 4
  • Column Description: Block, CBS, Concrete
  • Cooling: Central Air, Electric
  • Flooring: Tile, Wood
  • Heating: Electric
  • Heating Description: Electric
  • Num Floors: 1
  • Numof Units: 2
  • PatioFeatures: Patio
  • Spa: No
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 2
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $120,000.00
  • Income & Expenses: Annual Total Expense: $30,000.00
  • Income & Expenses: Gross Operating Inc: $150,000.00
  • Exp Incl Pool Service: No
  • Expense Amount: $30,000
  • Gross Operating Income: $120,000
  • Gross Rent Income: $150,000
  • Monthly Income: $150,000
  • Source of Expenses: Owner Provided
Unit Information
Unit 1
  • Appliances: Range, Washer, Microwave, Refrigerator, Dishwasher, Dryer
  • Other Equipment: Smoke Detector(s), Air Conditioning Unit
  • Carport YN: No
  • Garage YN: No
  • Parking Features: Open Parking, Parking Space
  • Currently Leased YN: No
  • Occupant Type: Vacant
  • Rooms: Family Room, Laundry Room, Kitchen
  • Actual Rent: $10,000.00
  • Baths Full: 2
  • Beds Total: 2
  • Efficiency YN: No
  • Furnished: Furnished
  • SqFt: 922.0
Unit 2
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Parking Features: Open Parking, Parking Space
  • Currently Leased YN: No
  • Occupant Type: Vacant
  • Rooms: Family Room, Kitchen
  • Actual Rent: $10,000.00
  • Baths Full: 2
  • Beds Total: 2
  • Furnished: Furnished
  • SqFt: 922.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Pets Allowed: No
  • Pets on Premises: No
  • Pets On Premises YN: No
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $1,027.66
  • Tenant Pays: None

Property History for 7 Fayette Drive

DateEvent & SourcePriceAppreciation
Apr 13, 2026

Listed (Active)

Beaches MLS #R11158951

$1,995,000
Apr 13, 2026

Listed (Active)

Beaches MLS #R11159002

$1,995,000
Apr 9, 2026

Backup Contract

Beaches MLS #R11158951

DateEvent & SourcePrice
04/13/2026

Listed (Active)

Beaches MLS #R11158951

$1,995,000
04/13/2026

Listed (Active)

Beaches MLS #R11159002

$1,995,000
04/09/2026

Backup Contract

Beaches MLS #R11158951

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

Public Records for 7 Fayette Drive

Taxable ValueLand$839,126Additions$168,396Total$1,007,522
Tax Record2025$18,578 ($1,548 / month)
Home Facts
Baths2.5Total Finished SqFt1,844 SqFtAbove Grade Finished SqFt1,844 SqFtStories1Lot Size7,471 SqFtStyleDuplexYear Built1954Year Renovated1995ZoningRMMCountyPALM BEACHAPN46-43-45-34-03-000-0030

Schools near 7 Fayette Drive

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

7 Fayette Drive is a multi-family home for sale in Ocean Ridge, FL 33435. This property was listed for sale on January 29, 2026 by The Corcoran Group, it's currently listed at $1,895,000. It has been on the market for a total of 136 days and was last sold on March 15, 2022. 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. 7 Fayette Drive is a 4-bed, 4-bath, 1,844 sqft multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Corcoran Group

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.