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18 Adams Road, Ocean Ridge, FL 33435
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$2,400,000
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Home Details for 18 Adams Road
Price
$2,400,000
Type
other
Year Build
1959
Sq. Ft.
2208
County
Palm Beach
Tax
$18,160
MLS®️ Listing#
R11076354
On exitrealty.com
252 days
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
- Utilities
- Cable Available
- Electricity Available
- Water Available
- Cooling Information
- Wall/Window Unit(s)
- Heating Information
- Wall Furnace
- Water Features
- Public
Listing Courtesy: Re/Max Direct - 561-784-3000
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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EXIT REALTY DELRAY
1200 NW 17th Avenue Suite 4, Delray Beach, FL 33445
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$2,400,000
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EXIT REALTY DELRAY
1200 NW 17th Avenue Suite 4, Delray Beach, FL 33445