Updated Quadplex Near Deeded Beach
For Sale
$1,974,999
18 Adams Rd, Ocean Ridge, FL 33435
Four updated 1-bedroom units with impact windows and new 2025 roof, steps from deeded beach access.
Property Size2,208 SF
Lot Size0.20 Acres
Price / SF$731.48
Days on Market100
Property Features for 18 Adams Rd
General Information
Standard status
Active
Size
2,208 SF
Lot size
0.20 Acres
Property subtype
Investment
Zoning
RMM Medium Density Residential
Occupancy
50%
Additional Details
Business Included
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$18,160
Building Details
Building Size
2,208 SF
Year Built
1959
Year Renovated
2025
Stories
1
Units
4
Tenancy
Multi
Listed By:
Karen E Cusenza · License #3039840
(561) 719-5637
Source:
Elliman
Added: Jun 14
Changed: Sep 12
Last Checked: Sep 21 at 5:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Karen E Cusenza
Investment Insights
Based on property information with market context.
This updated quadplex features four 1-bedroom, 1-bath units in a single property. Interiors have been tastefully updated throughout, including kitchens with white quartz countertops, white shaker cabinets, and stainless-steel appliances, along with renovated and updated bathrooms in all four units. Flooring finishes include terrazzo floors in Unit 4 and new vinyl flooring throughout the remaining three units. Recent exterior improvements include a newly installed roof in 2025, along with impact-resistant windows and doors. In addition, one unit can be converted to a very spacious 2-bedroom, 1-bath layout, offering flexibility for future reconfiguration.
The property is located in Ocean Ridge, east of A1A, and is less than a minute’s walk from deeded beach access. The surrounding area includes bike trails and oceanfront roads, with the property also described as walkable for beach access (walk score 41, bike score 55).
For investors or operators, this configuration provides multiple separate units within a medium-density residential setting. Unit 4 and Unit 3 currently have annual leases in place, with tenants paying $3,250 per month and $2,025 per month, respectively. Zoned RMM Medium Density Residential, the property permits single-family and multifamily development, supporting long-term flexibility for redevelopment or expansion planning.
The property is located in Ocean Ridge, east of A1A, and is less than a minute’s walk from deeded beach access. The surrounding area includes bike trails and oceanfront roads, with the property also described as walkable for beach access (walk score 41, bike score 55).
For investors or operators, this configuration provides multiple separate units within a medium-density residential setting. Unit 4 and Unit 3 currently have annual leases in place, with tenants paying $3,250 per month and $2,025 per month, respectively. Zoned RMM Medium Density Residential, the property permits single-family and multifamily development, supporting long-term flexibility for redevelopment or expansion planning.
Key Highlights
- Quadplex built in 1959 with four 1‑bedroom, 1‑bath units in an Ocean Ridge setting
- Approximately 65' x 137' lot with about 2,700 sq. ft. total living area
- Less than a minute walk to deeded beach access, plus nearby bike trails and oceanfront roads
Property Analytics
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Current Use
Lease Details
4
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Explore this area
Business Placement
Demographics for 33435, FL
37,318
Population
20,058
Households
1.9
Avg Household Size
45
Median Age
32%
College-Educated
85%
High-School Grad
6.5 sq mi
ZIP Area
5,741
Density / Sq Mi
$66,612
Median Household Income
$35,488
Median Earnings
$1,846
Median Rent
$306,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four updated 1-bedroom units with impact windows and new 2025 roof, steps from deeded beach access.
Where is this quadplex located?
The property is located at 18 Adams Rd Ocean Ridge, FL.
What is the asking price?
The asking price for this property is $1,974,999.
What are key features of this property?
This property features: Quadplex built in 1959 with four 1‑bedroom, 1‑bath units in an Ocean Ridge setting; Approximately 65' x 137' lot with about 2,700 sq. ft. total living area; Less than a minute walk to deeded beach access, plus nearby bike trails and oceanfront roads
