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$1,999,999
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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.
Full Property Details
Full Property Details for 18 Adams Rd
General
- Price: $1,999,999
- Taxes: $18,160 (2024)
- Status: Active
- Type: Multi-Family
- Source: Regional
- MLS ID: R11076354
- Updated: 3/26/2026
- Added to Site: 368 day(s) ago
Interior
- Flooring: Terrazzo, Vinyl
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: Outdoor Living Area
- Porch/Patio/Deck: Covered, Patio, Porch
Location
- County: Palm Beach
- Subdivision: OCEAN SHORE ESTATES
- Driving Directions: I95 to Woolbright, east to A1A, North on A1A to Adams Rd on the right.
Community
- Community Name: 4120
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Septic Tank
- Water: Multiple Meters, Public
- Cable Available: Yes
- Utility Description: Cable Available, Water Available
Structural Information
- Structure Type: Quadruplex
- Construction: Block, Concrete
- Roof: Concrete
- Windows: Storm Window(s)
- Stories/Levels: 1
- Building Size: 2700
- Square Feet: 2,208
- Living Area: 2,208 Sq. Ft.
- Year Built: 1959
- Property Condition: Resale
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Property View: Garden, Other
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Frontage: Public Road, Paved
- Lot Features: Sprinklers Automatic, 1/4 Acre
- Zoning: RMM(ci
- Fencing (Description): Fenced
Water Features
- Water Front View: None
Financial Considerations
- Tax Amount: $18,160.2
- Tax Year: 2024
- Terms: Cash
- Tenant Pays: Cable TV, Electricity, Water
Disclosures and Reports
- Special Conditions: Listed As-Is
- Documents Avail.: Lease
- Legal Description: OCEAN SHORE ESTATES (UNREC) LT 12 & UND INT IN LT B
- Property ID: 46434527130000120
Listed by RE/MAX Direct
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Schools
Schools serving 18 Adams Rd
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Forest Park Elementary School 1201 Southwest 3rd Street, Boynton Beach, FL 33435 | PK-5 | 1.3 mi |
Boynton Beach Community High School 4975 Park Ridge Boulevard, Boynton Beach, FL 33426 | 9-12 | 3 mi |
Congress Community Middle School 101 South Congress Avenue, Boynton Beach, FL 33426 | 6-8 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18 Adams Rd
Date
Details
Price
Change
Source
2/04/2026
Price Reduced
$1,999,999
-9.09%
MLS
12/05/2025
Price Reduced
$2,200,000
-8.33%
MLS
4/28/2025
Price Reduced
$2,400,000
-4%
MLS
3/29/2025
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18 Adams Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,417
-4%
$931,051
-5%
2024
$18,160
2%
$982,373
-9%
2023
$17,869
53%
$1,080,214
53%
2021
$11,648
-25%
$706,723
-12%
2022
$15,512
33%
$800,429
65%
2021
$11,648
46%
$484,472
18%
2019
$7,992
10%
$409,778
7%
2018
$7,274
5%
$382,173
7%
2017
$6,931
6%
$356,646
7%
2016
$6,552
10%
$333,250
6%
2015
$5,974
-2%
$313,506
—
2014
$6,085
5%
$314,013
6%
2013
$5,809
—
$294,893
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18 Adams Rd
18 Adams Road, Ocean Ridge, FL 33435 (MLS# R11076354) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 18 Adams Road is currently listed for $1,999,999 and was received on March 29, 2025. Want to learn more about 18 Adams Road? Do you have questions about finding other Multi-Family real estate for sale in Ocean Ridge? You can browse all Ocean Ridge real estate or contact a Coldwell Banker agent to request more information.

