When was property at 29 Hibiscus Way built and last sold?

The property at 29 Hibiscus Way was built in 1958 and last sold on Nov 16, 2021 for $1,300,000.

How much is this home worth?

The estimated value of the home located at 29 Hibiscus Way is $2,776,490.

What are some comparable homes to 29 Hibiscus Way?

There are currently no comparable homes to 29 Hibiscus Way.

Ocean Ridge

33435

Ocean Ridge Beach

29 Hibiscus Way

Map

$2,749,000

● Land - In Contract

29 Hibiscus Way

Ocean Ridge, FL 33435

Studio

0 Bath

$17,528

Est. Monthly

About This Property

An exceptional offering in the exclusive enclave of Hibiscus Way in Ocean Ridge permit ready with a brand new seawall and cap, this rare vacant lot presents a truly unparalleled opportunity to create a bespoke waterfront estate. One of only seven distinguished residences on this private, highly coveted street, the property offers approximately 85± feet of pristine deepwater frontage with direct access to the Intracoastal Waterway. Spanning approximately 10,000± square feet, the homesite provides the perfect canvas for a custom luxury residence in a setting defined by tranquility, prestige, and seclusion. Ideally positioned between the vibrant energy of Delray Beach's famed Atlantic Avenue and the timeless sophistication of Palm Beach's Worth Avenue, with seamless access to international airports, this is a once-in-a-generation opportunity to build a legacy property in one of South Florida's most exclusive coastal communities.

Unit Size

Days on Market

Land Size

0.23 acres

Price per sqft

Property Type

Land

Property Taxes

$4,029

HOA Dues

Year Built

1958

Listed By

Serhant

Serhant

Payment Calculator

Cap Rate Calculator

Last updated: 26 days ago (Beaches MLS #B26012812)

Price History

Date / Event	Date	Event
Sep 4, 2026	In contract	-
In contract
Jun 19, 2026	Price Decreased	$2,749,000 ↓ $426K (13.4%)
Price Decreased
May 20, 2026	Price Decreased	$3,175,000 ↓ $310K (8.9%)
Price Decreased
Apr 7, 2026	Listed by Serhant	$3,485,000
Listed by Serhant
Nov 23, 2021	Sold	Premium
Sold
Sep 21, 2006	Sold	Premium
Sold
Sep 27, 2005	Sold	Premium
Sold

Property Highlights

Exterior Details

Waterfront Features: Canal Access, Canal Front, Ocean Access, River Access, NoFixedBridges

Lot Features: LessThanQuarterAcre

Lot Size Area: 10149.48

Lot Size Units: Square Feet

Lot Size Acres: 0.23

Lot Size Square Feet: 10149.48

Lot Size Dimensions: 109 x 105

Water Source: Public

Financial Details

Tax Assessed Value: $2,644,258

Tax Annual Amount: $48,349

Utilities Details

Sewer : Public Sewer, Septic Tank

Building Info

Overview

General

Year Built: 1958

Effective Year Built: 1973
Building Count: 1
Bedroom Count: 5
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: 6
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 13
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 69
Porch Type: 126
Pool Type: 8
Location Influence Type: 255

Dimensions

Lot Size Square Feet: 10,167

Lot Size Depth Feet: 120
Lot Size Frontage Feet: 850
Total Building Area: 2,136
Gross Building Area: 2,136
Building Area: 2,085
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 2,085
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: OCEAN RIDGE
Land Acres: 0000000233
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: OCEAN RIDGE BEACH LT 18 & OCEAN SHORE ESTS UNREC ON AM-71

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 005411

Zoning

Zoning: RSF

Geography

Assessors Map Reference: 315

Parcel: 46-43-45-27-12-000-0180
Lot: 18
Meridian: SEC 27 TWN 45S RNG 43E
Municipality: OCEAN RIDGE
Latitude: 26.5165
Longitude: -80.054

Address

Full Address: 29 Hibiscus Way

Address - House Number: 29
Address - Street Name: Hibiscus
Address - Suffix Type: Way
State: FL
City Name: Briny Breezes
Carrier Code: C038
4-Digit Zip Code: 6214
Zip Code: 33435

Valuation

Tax

Total Area: 2,087

Tax Year: 2022
Tax Amount: $2,976,557
Tax Rate Code Area: 46984

Appraisal Valuation

Standard Deviation: 0.2125

Valuation Date: Jan 03, 2024
Confidence Score: 71
Final Value: 1,938,227
High Value: 2,350,198
Low Value: 1,526,256

Market Valuation

Market Total Value: $1,566,820

Market Land Value: $1,525,700
Market Improvement Value: $41,120

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $1,566,820

Sales

Current Sale Contract Date: Nov 16, 2021

Current Sale Recording Date: Nov 23, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20210536682
Previous Sale Recording Date: Sep 21, 2006
Previous Sale Contract Date: Sep 13, 2006
Previous Sale Amount: $1,000,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Ocean Ridge Beach

Stats & Trends

Median Asking:

Sale Price/ft²

Above Asking

0.00%

Average Days on Market

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$10,000 /mo

2 Beds
2 Baths
2,476 ft²

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$10,000 /mo

3 Beds
3 Baths
2,012 ft²

3218 Palm Drive, Delray Beach, FL, 33483 Listing by Robert S MacKinnon

Unit for rent at 922 Turner Road, Delray Beach, FL, 33483

$10,000 /mo

2 Beds
2 Baths
1,127 ft²

922 Turner Road, Delray Beach, FL, 33483 Listing by Robert S MacKinnon

Rentals Near You

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Listed by: John Stauffenberg
Serhant
Last Updated: 26 days ago
Data Source: Beaches MLS, MLS# B26012812

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.