$8,850,000

Estimated payment $58,951/month

Total Views 2,154
0.38 Acre
$23,289,474 Price per Acre
16,553 Sq Ft Lot

Highlights

  • Beach Front
  • Intracoastal View
  • Paved or Partially Paved Lot
  • Property has ocean access

About This Lot

Two extraordinary, wide water intracoastal lots, side by side - each with 162.5'feet of deep-water frontage. Access the ocean inlet in less than two minutes from this high and dry first time offering. Never before built on, totally virgin soil, perched high and dry by a brand new state-of-the-art 7.5' foot high seawall (the previous wall was only 2.5' feet high--no flooding here!) Plus, a newly installed 18'' state-of-the-the-art drainage system. This is truly a one-of-a-kind opportunity to own the only oversized lots in all of Ocean Ridge, directly on the wide intracoastal. Complete documentation available for your perusal of all phases of development for this property. Purchase as one 325'-foot, 33,400 SF lot for $17,475,000 or separately. Lot 9 $8,850,000 (16,500 SF lot)

Listing Agent

Nicholas Younker

William Raveis Real Estate License #3463757

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $114,665

Year Built

  • 1971

Lot Details

  • 0.38 Acre Lot
  • Beach Front
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RSF--SIN

Additional Features

  • Intracoastal Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 46434522090000080
  • Seller Considering Concessions

Community Details

Overview

  • Mc Cormick Mile In Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$114,665

Year Built

1971

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: OCEAN AVENUE EAST TO A1A. NORTH TO SABAL ISLAND DRIVE.
  • Special Features: VirtualTour
  • Year Built: 1971

Exterior Features

  • View: Intercoastal
  • Lot Features: Beach Front, City Lot
  • Road Surface Type: Paved
  • Waterfront Features: Canal Access, Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Lot Info

  • Parcel #: 46434522090000080
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.38
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 16500.0
  • Zoning Description: RSF--SIN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 114665.0

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 $114,665 $6,293,926 -- --
2023 $115,120 $6,259,426 $6,170,516 $88,910
2022 $63,906 $2,699,142 $0 $0
2021 $47,808 $2,453,765 $2,200,000 $253,765
2020 $47,665 $2,444,138 $2,200,000 $244,138
2019 $48,759 $2,448,011 $2,200,000 $248,011
2018 $45,365 $2,365,719 $2,181,376 $184,343
2017 $43,862 $2,264,669 $2,077,501 $187,168
2016 $42,710 $2,140,618 $0 $0
2015 $42,515 $2,067,072 $0 $0
2014 $20,632 $1,029,461 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 For Sale $8,850,000 0.0% --
03/06/2025 03/06/25 Off Market $8,850,000 -- --
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- --
Deed $5,500,000 --
Deed Of Distribution -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,850,000 New Conventional
Source: Public Records

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    • 7 Sabal Island Dr
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    Two extraordinary, wide water intracoastal lots, side by side - each with 162.5'feet of deep-water frontage. Access the ocean inlet in less than two minutes from this high and dry first time offering. Never before built on, totally virgin soil, perched high and dry by a brand new state-of-the-art 7.5' foot high seawall (the previous wall was only 2.5' feet high--no flooding here!) Plus, a newly

    Nicholas Younker William Raveis Real Estate

    Section Image

Source: BeachesMLS

MLS Number: R11068595

BeachesMLS

APN: 46-43-45-22-09-000-0080