This 1959 quadruplex sits on a 65-by-137-foot lot in Ocean Shore Estates, east of A1A in Ocean Ridge, with deeded beach access less than a minute's walk from the property. The four-unit building totals 2,700 square feet and carries RMM Medium Density Residential zoning, which permits both single-family and multifamily development on the parcel.
This 1959 quadruplex sits on a 65-by-137-foot lot in Ocean Shore Estates, east of A1A in Ocean Ridge, with deeded beach access less than a minute's walk from the property. The four-unit building totals 2,700 square feet and carries RMM Medium Density Residential zoning, which permits both single-family and multifamily development on the parcel.
Unit Configuration & Rental Income
Each of the four units is configured as a one-bedroom, one-bathroom layout. The MLS notes that one unit can be converted to a two-bedroom, one-bath configuration. Unit 4 is currently leased annually at a monthly rent that reflects the property's proximity to the beach, and Unit 3 carries a separate annual lease. Units 1 and 2 are available for short-term, seasonal, or annual tenancy.
Recent Renovations & Finishes
A new roof was installed in 2025, and impact-resistant windows and doors have been added throughout the building. All four kitchens feature white quartz countertops, white shaker cabinetry, and stainless steel appliances. Bathrooms in every unit have been renovated. Unit 4 retains its original terrazzo flooring, while the remaining three units have new vinyl plank flooring throughout.
Zoning & Development Potential
The RMM zoning designation on this 0.2-acre parcel is notable in Ocean Ridge, where most residential lots east of A1A are zoned for single-family use. This classification allows for future expansion or complete redevelopment as a multifamily project, subject to Town of Ocean Ridge site plan review. Investors should note that Ocean Ridge maintains strict architectural guidelines and height limitations, typically capping structures at 30 feet, which shapes redevelopment feasibility on a parcel of this size.
Location & Access
The property sits within the coastal barrier island community of Ocean Ridge, positioned between the Intracoastal Waterway and the Atlantic Ocean. Downtown Delray Beach and its Atlantic Avenue corridor are roughly a five-minute drive south via A1A. Palm Beach International Airport is approximately 25 minutes north. The location benefits from Ocean Ridge's low-density character and its police force, which patrols a town of fewer than 2,000 residents.
Key Features
- Four-unit quadruplex on 0.2-acre lot, east of A1A
- RMM Medium Density Residential zoning allowing multifamily redevelopment
- New roof installed 2025
- Impact-resistant windows and doors throughout
- Deeded beach access within walking distance
- All kitchens renovated with quartz countertops and stainless steel appliances
- Original terrazzo flooring preserved in Unit 4
- Two units currently leased on annual terms
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