$2,500,000

18 Adams Rd Boynton Beach, FL 33435

Ocean Ridge Neighborhood

Estimated payment $15,466/month

Total Views 1,432
-- Bed
-- Bath
2,208 Sq Ft
$1,132 Price per Sq Ft

Highlights

  • Water Views
  • Impact Glass
  • Open Patio
  • Porch
  • Cooling System Mounted To A Wall/Window
  • Terrazzo Flooring

About This Home

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. New Upgrades include: Recently installed new roof (2025), impact-resistant windows and doors. All four units have been tastefully updated. Kitchens

Listing Agent

Karen Cusenza

Re/Max Direct License #3039840

Re/Max Direct

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,160

Year Built

  • Built in 1959

Lot Details

  • 8,767 Sq Ft Lot
  • Fenced
  • Sprinkler System

Property Views

  • Water
  • Garden

Home Design

  • Concrete Roof

Interior Spaces

  • 2,208 Sq Ft Home
  • 1-Story Property
  • Impact Glass

Flooring

  • Terrazzo
  • Vinyl

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Tank
  • Cable TV Available

Community Details

  • 4 Units
  • Ocean Shore Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46434527130000120
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,160

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I95 to Woolbright, east to A1A, North on A1A to Adams Rd on the right.
  • Year Built: 1959
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Vinyl
  • Living Area: 2208.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Porch, Patio
  • View: Garden, Other, Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Concrete

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 46434527130000120
  • Lot Size: < 1/4 Acre,East of US-1,
  • Lot Size Sq Ft: 8767.0
  • Zoning Description: RMM(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 18160.0

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,160 $968,519 -- --
2023 $17,869 $880,472 $0 $0
2022 $15,512 $800,429 $0 $0
2021 $11,648 $706,723 $589,760 $116,963
2020 $8,451 $484,472 $0 $0
2019 $7,992 $449,001 $0 $0
2018 $7,274 $438,789 $0 $0
2017 $6,931 $423,677 $0 $0
2016 $6,552 $333,250 $0 $0
2015 $5,974 $313,506 $0 $0
2014 $6,085 $314,013 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2025 03/29/25 For Sale $2,500,000 +122.2% $1,132 / Sq Ft
09/23/2021 09/23/21 Sold $1,125,000 -25.0% $510 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $1,500,000 -- $679 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Equity Land Title Llc
Warranty Deed -- Equity Land Title Llc
Personal Reps Deed $1,125,000 Equity Land Title
Warranty Deed -- Equity Land Title Llc
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Source: BeachesMLS

MLS Number: R11076354

BeachesMLS

APN: 46-43-45-27-13-000-0120

Florida Palm Beach County Boynton Beach 33435 Ocean Ridge

18 Adams Rd, Boynton Beach, FL

Homes for Sale in Boynton Beach, FL

This home is located at 18 Adams Rd, Boynton Beach, FL 33435 and is currently priced at $2,500,000, approximately $1,132 per square foot. This property was built in 1959. 18 Adams Rd is a home located in Palm Beach County with nearby schools including Forest Park Elementary School, Boynton Beach Community High School, and Congress Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Karen Cusenza
Listing Agent
Karen Cusenza
Section Image
Re/Max Direct
(561) 559-7951