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For sale
  • $3,295,000

    23 Sabal Island Dr, Ocean Ridge, FL 33435

    2beds
    1,460sqft
    : 
    Single Family Residence, Residential
    Built in 1974
    0.25 Acres Lot
    $3,080,800 Zestimate®
    $2,257/sqft
    $-- HOA

    What's special

    Premier waterfront propertyTwo-car garagePrivate beach accessQuarter-acre estateProtected waterways
    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, re-imagine, 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 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.
    76 days
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    667
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    10
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    Zillow last checked: 7 hours ago

    Listing updated: February 10, 2026 at 11:32pm

    Listed by:

    STEVEN R PRESSON 561-843-6057,

    The Corcoran Group,

    HUNTER PRESSON 561-945-1988

    Source: Palm Beach BOR,MLS#: 26-97

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 144
      • Dimensions: 12 x 12
      Kitchen
      • Level: Main
      • Area: 112
      • Dimensions: 8 x 14
      Living room
      • Level: Main
      • Area: 192
      • Dimensions: 16 x 12
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Electric Range, Dishwasher, Washer, Dryer
      Features
      • Flooring: Tile
      • Windows: Jalousie
      Interior area
      • Total structure area: 2,522
      • Total interior livable area: 1,460 sqft

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: One
      • Patio & porch: Patio
      • Has private pool: Yes
      • On waterfront: Yes
      • Waterfront features: Canal Front
      Lot
      • Size: 0.25 Acres
      • Dimensions: 100
      Details
      • Parcel number: 46434522090000230
      • Zoning: RSF

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Materials
      • Block, Stucco
      • Roof: Tile
      Condition
      • Year built: 1974

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Subdivision: McCormick Mile
      Location
      • Region: Ocean Ridge

      Financial & listing details

      • Price per square foot: $2,257/sqft
      • Tax assessed value: $2,078,784
      • Annual tax amount: $8,896
      • Date on market: 1/16/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
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        Estimated market value

        $3,080,800

        $2.93M - $3.23M

        $6,968/mo

        Price history

        Price history
        DateEventPrice
        1/16/2026Listed for sale$3,295,000$2,257/sqft
        Source: BeachesMLS #RX-11155024 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$8,896 +2.5%$518,999 +3%
        2023$8,683 +0.5%$503,883 +3%
        2022$8,639 +0.5%$489,207 +3%
        2021$8,598 +1.4%$474,958 +1.4%
        2020$8,478 +1.3%$468,400 +2.3%
        2019$8,367 $457,869 +1.9%
        2018$8,367 +5%$449,332 +2.1%
        2017$7,967 +1.3%$440,090 +2.1%
        2016$7,867 -0.7%$431,038 +0.7%
        2015$7,919 -2.4%$428,042 +0.8%
        2014$8,117 +1.3%$424,645 +1.5%
        2013$8,009 +0.5%$418,369 +1.7%
        2012$7,972 +1.6%$411,376 +3%
        2011$7,846 +0.9%$399,394 +1.5%
        2010$7,776 +5.8%$393,492 +2.7%
        2009$7,348 +7.6%$383,147 +0.1%
        2008$6,828 +3%$382,764 +3%
        2007$6,629 -3.7%$371,616 +2.5%
        2006$6,887 $362,552 +3%
        2005-- $351,992 +3%
        2004$3,619 +3380.2%$341,740 +1.9%
        2003$104 -98.4%$335,368 +2.4%
        2002$6,437 +0.3%$327,508 +1.6%
        2001$6,417 +4%$322,350 +3%
        2000$6,169 +4.8%$312,961 -4.1%
        1999$5,886 $326,482

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $21,142/mo
        Principal & interest
        $16364
        Property taxes
        $4778
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          Climate risks

          Neighborhood: 33435

          Getting around

          10 / 100
          Car-Dependent
          37 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 33435

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