92 Island Drive S
Ocean Ridge, FL 33435
$3,499,999
$1,083/ft²
About this home
Perfectly positioned for boaters seeking effortless ocean access, this exceptional buildable waterfront lot sits on a quiet cul-de-sac in the coveted McCormack Mile section of Ocean Ridge only a few hundred yards from the Boynton Inlet and the town of Manalapan. Offering direct waterfrontage and a desirable southeast exposure, the property spans nearly 10,500 square feet, capturing brilliant light and shimmering water views. This rare opportunity is being offered with a brand-new seawall and cap, along with fully approved plans for a two-story contemporary residence by the award-winning team at Affiniti Architects. Their thoughtfully conceived design embraces clean modern architecture, seamless indoor-outdoor living, and the amenities expected of a true boater's and angler's paradise. The future residence commands nearly 5,000 total square feet and is surrounded by some of the newest and finest homes in Ocean Ridge, further elevating its long-term value and appeal. As a resident of McCormack Mile, you'll also enjoy access to a private oceanfront Beach House, a freestanding clubhouse for the exclusive use of neighborhood residents, perched high above the turquoise waters of the Atlantic and offering an unmatched seaside retreat. All site surveys, soil tests, development entitlements, and preliminary plans (including floorplans, site plan, and basic civil engineering) are transferable to the new owner. The buyer will be responsible only for completing final construction drawings, MEPs, and final civil engineering prior to building-permit submission. Ideally located, the property is just 15 minutes to PBIA, 10 minutes to Delray Beach, and moments from the Town of Palm Beach, world-class dining, boutique shopping, and pristine beaches. Whether arriving by boat or by car, this quiet tropical enclave offers the privacy, serenity and convenience synonymous with the best of South Florida living. A build-to-suit opportunity of this caliber is exceptionally rare, create your waterfront masterpiece and experience the quintessential Ocean Ridge lifestyle.
Features
- Waterfront
- Private pool
Property details
Listing
- MLS #
- R11158121
- Status
- For sale
- Listed on
- Jan 27, 2026
- Days on market
- 195 days
- Listing data updated
- Jul 31, 2026
Interior
- Beds
- 4
- Baths
- 4
- Living area
- 3,233 ft²
- Price per ft²
- $1,083/ft²
Building & community
- Type
- Single-family home
- Year built
- 2027
- County
- Palm Beach
Lot & exterior
- Lot size
- 10,409 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)
- $17,698
- Property taxes (est.)
- $3,208
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$21,506*/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
$17,698/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.
Cameron L Sydenham · 561-704-5559 · csydenham@corcoran.com · 561-278-0433
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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