Single Family Residence
23 Sabal Island Drive
23 Sabal Island Drive, Ocean Ridge FL 33435 Get directions
$2,995,000
2 Beds · 2 Baths · 1,460 SqFt
See estimated monthly costThis listing is courtesy of The Corcoran Group. Steven R. Presson
Overview
Sabal Island, Ocean Ridge — A Rare Waterfront Setting for Your Forever Home. Just reduced $300,000 and priced to sell, this exceptional waterfront property offers an A+ location, 100 feet of deep-water frontage, and the opportunity to create a forever home just steps from the beach. Set on coveted Sabal Island in the small seaside town of Ocean Ridge, this approximately quarter-acre property brings together the qualities that make coastal real estate so desirable: an island setting, outstanding boating access, private beach access, and a location with lasting appeal. Here, the opportunity extends beyond the existing home—it is the chance to create something truly special on a valuable piece of waterfront land. The current residence offers two bedrooms, two baths, a den, and a two-car garage across approximately 2,500 square feet. Renovate and reimagine the home or explore building a custom residence tailored to your vision. With 100 feet of waterfront, there is an exceptional foundation for a life centered on the water. Membership to the exclusive McCormick Beach Club provides private beach access, placing boating and beach days within the same everyday lifestyle. Ocean Ridge offers a rare balance of privacy, tranquility, and convenience. Its residential character and uncrowded coastal setting feel worlds away, yet the restaurants, boutiques, and nightlife of Delray Beach's Atlantic Avenue are close by, with Palm Beach's Worth Avenue a short drive north. A meaningful price reduction. A premier island location. An extraordinary opportunity to create your forever home in one of South Florida's most desirable coastal communities
Facts & features
Interior
- Living area (sq ft)
- 1,460
- Full bathrooms
- 2
- Furnished
- Unfurnished
- No Interior Features
- Family Room
Building & exterior
- Year built
- 1974
- Lot size (sq ft)
- 11,008
- Garage spaces
- 2
- Covered spaces
- 2
- Pool
- Yes
- Waterfront
- Yes
- Intracoastal View
- Pool
- Canal Front
- Canal
- 2 Or More Spaces
- Parking Garage
HOA (homeowners association)
- Association fee
- $0
- Boat Dock
- Private Pool
- No Restrictions
- Yes
Taxes
- Annual tax
- $9,167
- Tax year
- 2025
- Parcel number
- 46434522090000230
Listing
- MLS number
- R11155024
- Property type
- Single Family Residence
- Price per SqFt
- $2,051
- Subdivision
- MC CORMICK MILE
- On market since
- Jan 16, 2026
- Days on market
- 264
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jan 16, 2026 | Listed | $3,295,000 | — |
| Oct 5, 2026 | Price change | $2,995,000 | −$300,000 (−9.1%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$18,155 per month
- Principal & interest (30 yr)
- $15,144
- Property tax
- $764
- Insurance (estimated)
- $2,246
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
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The Corcoran Group
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