by Global Lifestyle Properties

Check Availability
$1,795,000
● House - For Sale

7 Fayette Drive

Ocean Ridge, FL 33435
bedrooms
4 Beds
bathrooms
4 Baths
square feet
1,844 Ft²
$10,362
Est. Monthly

About This Property

Escape to coastal bliss in this immaculately remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired decor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and BBQ grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Roof 2015. Air conditioning units are 2 years old. Appliances are brand new. 7 Fayette East: FORNO Espresso Package - 30" Induction Range, Refrigerator and Dishwasher in White with Antique Brass. FORNO Espresso Capoliveri 24" 1.2 cu. ft. Built-In Microwave Drawer in White with Antique Brass Handles 7 Fayette West: Samsung oven, Frigidaire cooktop, Whirlpool refrigerator. Smart TVs. Washer and dryer in each unit.   In the event this Property is placed under contract with no contingencies and the Contract subsequently terminates or expires for any reason other than a Seller default, and the Seller and/or the Seller's Listing Broker is entitled to receive and/or retain the Earnest Money Deposit as liquidated damages, then unless expressly stated otherwise in the governing Contract, Buyer's broker/agent shall not be entitled to, nor receive, any portion of the Earnest Money Deposit retained by Seller and/or Seller's Listing Broker.
Unit Size
1,844 Ft²
Days on Market
23 days
Land Size
0.17 acres
Price per sqft
$973
Property Type
House
Property Taxes
$1,548
HOA Dues
-
Year Built
1954

Listed By

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Last updated: 13 days ago (Beaches MLS #B26088908)

Price History

Date / Event Date Event Price
Oct 15, 2026 Listed by The Corcoran Group $1,795,000
Listed by The Corcoran Group
Mar 22, 2022 Sold
Sold
Jan 21, 2022 Listed by The Corcoran Group $1,200,000
Listed by The Corcoran Group

Property Highlights

Air Conditioning
Parking Details
Has Open Parking
Parking Features: Concrete, Driveway, Open
Open Parking Spaces: 6
Interior Details
Full Bathrooms: 4
Interior Features: Built-in Features, Kitchen Island, Bar, KitchenDiningCombo, MainLevelPrimary
Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
Flooring Type: Wood
Laundry Features: Inside, Laundry Room
Rooms: 5
Exterior Details
Square Footage: 1844
Square Footage Source: $0
Security Features: None
Property Condition: Resale
Architectural Style: Colonial
Year Built: 1954
Waterfront Features: None
Building Area Total: 2166
Levels: One
Other Structures: Outbuilding, Shed(s), Storage
Window Features: Storm Window(s)
Construction Materials: Block, Concrete, CBSConcreteBlockStructure
Patio and Porch Features: Patio
Lot Features: SprinklersAutomatic, SprinklerSystem, LessThanQuarterAcre
Lot Size Area: 7405.2
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7405.2
Lot Size Dimensions: 94 x 80
Water Source: Public
Financial Details
Tax Assessed Value: $1,006,285
Tax Annual Amount: $18,572
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 31
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Business/Commerical Units Count: 19
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,471
  • Lot Size Depth Feet: 790
  • Lot Size Frontage Feet: 940
  • Total Building Area: 2,166
  • Gross Building Area: 2,166
  • Building Area: 1,844
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,844
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TROPICAL PARK ADD
  • Land Acres: 0000000172
  • Standard Land Use Code: 1101
  • County Land Use Code: 0800
  • Legal Description 1: TROPICAL PARK ADD 1 LT 3

Neighborhood

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

Zoning

  • Zoning: RMM

Geography

  • Assessors Map Reference: 322
  • Parcel: 46-43-45-34-03-000-0030
  • Lot: 3
  • Meridian: SEC 34 TWN 45S RNG 43E
  • Municipality: OCEAN RIDGE
  • Latitude: 26.5126
  • Longitude: -80.0522

    Address

  • Full Address: 7 Fayette Dr
  • Address - House Number: 7
  • Address - Street Name: Fayette
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ocean Ridge
  • Carrier Code: C023
  • 4-Digit Zip Code: 8716
  • Zip Code: 33435

Valuation

    Tax

  • Total Area: 1,990
  • Tax Year: 2022
  • Tax Amount: $833,301
  • Tax Rate Code Area: 46984

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 1,396,743
  • High Value: 1,671,240
  • Low Value: 1,122,246

    Market Valuation

  • Market Total Value: $806,666
  • Market Land Value: $701,478
  • Market Improvement Value: $105,188

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $451,993

    Sales

  • Current Sale Contract Date: Mar 15, 2022
  • Current Sale Recording Date: Mar 22, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 121725

    Financing

  • First Mortgage Financing Type: ADJ
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 Tropical Park


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Frequently Asked Questions

When was property at 7 Fayette Drive built and last sold?
The property at 7 Fayette Drive was built in 1954 and last sold on Mar 15, 2022 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 7 Fayette Drive is $1,752,071.
What are some comparable homes to 7 Fayette Drive?
There are currently no comparable homes to 7 Fayette Drive.