23 Sabal Island Drive
Ocean Ridge, FL 33435
$3,295,000
$2,257/ft²
About this home
Rare Waterfront Opportunity in Ocean Ridge - 100 Feet of Deep-Water Frontage. An extraordinary opportunity to own a premier waterfront property on the highly coveted Sabal Island in Ocean Ridge, Florida. This quarter-acre estate boasts 100 feet of true deep-water frontage, offering direct access to one of the finest waterways in the area—perfect for boating enthusiasts and those seeking the ultimate coastal lifestyle. The existing residence offers 2 bedrooms, 2 baths, a den, a two-car garage across approximately 2,500 square feet—an excellent opportunity to renovate, reimagine, or create your custom dream home. Whether you choose to transform the current home or start fresh, the value lies in the land, the water frontage, and the unmatched location. Ocean Ridge is one of South Florida's best-kept secrets. The charming coastal town is known for its beauty, tranquility, and exceptional sense of privacy and security. With no commercial congestion and a strong residential character, Ocean Ridge offers a peaceful seaside lifestyle while remaining centrally located between Palm Beach and Delray Beach. Enjoy quick access to Atlantic Avenue in Delray Beach, renowned for its dining, shopping, and nightlife, or head north to Palm Beach's Worth Avenue, 25 minutes away. This property also includes membership to the exclusive McCormick Beach Club, providing private beach accessan invaluable amenity that completes the ultimate Florida waterfront lifestyle. Ocean Ridge represents one of the best value price points in all of South Florida for waterfront living. With limited inventory, protected waterways, and a highly desirable location, opportunities like this are increasingly rare. Dream home. Dream location. Exceptional value. A truly special offering in one of South Florida's most beautiful and sought-after coastal communities.
Features
- Waterfront
- Private pool
Property details
Listing
- MLS #
- R11155024
- Status
- For sale
- Listed on
- Jan 16, 2026
- Days on market
- 205 days
- Listing data updated
- Aug 7, 2026
Interior
- Beds
- 2
- Baths
- 2
- Living area
- 1,460 ft²
- Price per ft²
- $2,257/ft²
Building & community
- Type
- Single-family home
- Year built
- 1974
- County
- Palm Beach
Lot & exterior
- Lot size
- 11,008 ft²
- Waterfront
- Yes
- Private pool
- Yes
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $16,661
- Property taxes (est.)
- $3,021
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$20,282*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$16,661/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of The Corcoran Group.
Steven R. Presson · 561-843-6057 · steven.presson@corcoran.com · 561-655-9081
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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