by Global Lifestyle Properties

Check Availability
$2,995,000
↓ $300K (9.1%)
● House - For Sale

23 Sabal Island Drive

Ocean Ridge, FL 33435
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,460 Ft²
$15,470
Est. Monthly

About This Property

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
Unit Size
1,460 Ft²
Days on Market
278 days
Land Size
0.25 acres
Price per sqft
$2,051
Property Type
House
Property Taxes
$764
HOA Dues
-
Year Built
1974

Listed By

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Last updated: 8 days ago (Beaches MLS #R11155024)

Price History

Date / Event Date Event Price
Oct 13, 2026 Price Decreased $2,995,000
↓ $300K (9.1%)
Price Decreased
Jan 16, 2026 Listed by The Corcoran Group $3,295,000
Listed by The Corcoran Group

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: MainLevelPrimary, None
Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Rooms: 4
Exterior Details
Square Footage: 1460
Property Condition: Resale
Year Built: 1974
Waterfront Features: Canal Front
Building Area Total: 2522
Levels: One
Construction Materials: Block, CBSConcreteBlockStructure
Pool Features: In Ground
Pool is Private
Lot Features: QuarterToHalfAcreLot
Lot Size Area: 10890
Lot Size Units: Square Feet
Lot Size Acres: 0.25
Lot Size Square Feet: 10890
Lot Size Dimensions: 100.0 ft x 110.0 ft
Water Source: Public
Financial Details
Tax Annual Amount: $9,168
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 17
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,008
  • Lot Size Depth Feet: 110
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,522
  • Gross Building Area: 2,522
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MC CORMICK MILE
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: MC CORMICK MILE LT 23

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005411

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: 308
  • Parcel: 46-43-45-22-09-000-0230
  • Lot: 23
  • Meridian: SEC 22 TWN 45S RNG 43E
  • Municipality: OCEAN RIDGE
  • Latitude: 26.5384
  • Longitude: -80.0477

    Address

  • Full Address: 23 Sabal Island Dr
  • Address - House Number: 23
  • Address - Street Name: Sabal Island
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ocean Ridge
  • Carrier Code: C001
  • 4-Digit Zip Code: 3321
  • Zip Code: 33435

Valuation

    Tax

  • Total Area: 1,875
  • Tax Year: 2022
  • Tax Amount: $863,920
  • Tax Rate Code Area: 46984

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 1,593,064
  • High Value: 1,905,863
  • Low Value: 1,280,264

    Market Valuation

  • Market Total Value: $1,326,083
  • Market Land Value: $1,284,800
  • Market Improvement Value: $41,283

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $489,207

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mc Cormick Mile


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Frequently Asked Questions

When was property at 23 Sabal Island Drive built and last sold?
The property at 23 Sabal Island Drive was built in 1974 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 23 Sabal Island Drive is $3,024,950.
What are some comparable homes to 23 Sabal Island Drive?
There are currently no comparable homes to 23 Sabal Island Drive.