23 Sabal Island Dr, Ocean Ridge, FL, 33435
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, 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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1974
Materials
- Roof: Tile
- Construction materials: Block,Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Refrigerator,Electric Range,Dishwasher,Washer,Dryer
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Window features: Jalousie
- Flooring: Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,522
- Total interior livable area: 1,460 sqft
Kitchen
- Level: Main
- Area: 112
- Dimensions: 8 x 14
Living Room
- Level: Main
- Area: 192
- Dimensions: 16 x 12
Master Bedroom
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Property
Details
- Parcel number: 46434522090000230
- Zoning: RSF
Features
- Levels: One
- Private pool: Yes
- Patio & porch: Patio
- On waterfront: Yes
- Waterfront features: Canal Front
Lot
- Lot size: 0.25 Acres
- Lot size dimensions: 100
Parking
- Parking features: Garage
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Heat Wave
- Inland Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Palm Beach County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $16,661 | $199,932 |
| Home Insurance * | $7,900 | $94,800 |
| Property Taxes | $4,687 | $56,244 |
| Electricity | $197 | $2,366 |
| Total | $29,445 | $353,340 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-16 | Listed for sale | $3,295,000 |
View on Zillow