by Global Lifestyle Properties

See Home Value
$13,000,000
● Land - Off Market

7 SABAL ISLAND Drive

Ocean Ridge, FL 33435
bedrooms
Studio
bathrooms
0 Bath
$63,833
Est. Monthly

About This Property

Presenting a landmark waterfront opportunity in the exclusive enclave of Ocean Ridge. Offering over 320 linear feet of direct Intracoastal frontage just minutes from the Boynton Inlet, 7 & 9 Sabal Island Drive is one of South Florida's most captivating properties. Build one extraordinary estate spanning across the expansive lot, create two exceptional waterfront residences, or develop three luxury homes. The property features excellent elevation and a newly constructed state of the art seawall. An unrivaled location just minutes from Palm Beach, and Delray Beach's Atlantic Avenue, and within easy reach of private and international airports. A truly irreplaceable offering where scale, flexibility, and location come together. Presenting a once in a lifetime landmark opportunity on the Direct Intracoastal Waterway in the exclusive enclave of Ocean Ridge.  7 & 9 Sabal Island Drive represents one of South Florida's most extraordinary waterfront offerings, encompassing more than 320 linear feet of direct Intracoastal frontage just moments from the Boynton Inlet, providing effortless access to the Atlantic Ocean.  Rarely does a property of this scale, prominence, and flexibility become available. Whether envisioned as one magnificent estate spanning across the expansive lot, two distinguished waterfront residences, or an exclusive collection of three newly constructed luxury homes, the possibilities are truly limitless. Complementing the property's remarkable footprint are exceptional natural elevation and a newly constructed state of the art seawall, creating the ideal foundation for a true generational waterfront legacy.  Perfectly positioned between Palm Beach and Delray Beach, this unrivaled location offers the very best of South Florida living. Palm Beach is just minutes away, vibrant Atlantic Avenue in downtown Delray Beach is just south. Both private and international airports are conveniently accessible, placing world class dining, shopping, private clubs, and effortless travel within easy reach.  This is far more than a homesite. It is one of the most significant and irreplaceable waterfront opportunities to come to market in South Florida, where vision, scale, and location converge to create an offering that is truly without equal.
Unit Size
-
Days on Market
4 days
Land Size
0.77 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1973

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Last updated: 3 months ago (Beaches MLS #B26058791)

Price History

Date / Event Date Event Price
Aug 4, 2026 Sold
Sold
Aug 1, 2026 In contract -
In contract
Jul 31, 2026 Listed by Douglas Elliman $13,000,000
Listed by Douglas Elliman
Sep 14, 2022 Sold
Sold
Jun 16, 2022 Listed by The Corcoran Group $3,750,000
Listed by The Corcoran Group
Build Your Waterfront Island Dream Home in Prestigious Ocean Ridge. If you've always dreamed of living in a secure, safe, small island community with direct Intracoastal access to the Ocean in just minutes, this .26-acre premium lot with 8' elevation is your dream come true. Located on the only natural island in Ocean Ridge, this spectacular lot offers you the opportunity to build up to a 3800-SF +|- two-story home with deep water access and 121-feet of direct Intracoastal and recently capped seawall. Let your imagination run, as you design the perfect home for fabulous south Florida waterfront living in upscale Ocean Ridge. This fabulous lot offers you incredible sunset views off the Intracoastal Waterway and direct boating access to the ocean from the Boynton Inlet just minutes away. World class fine dining and shopping is available in nearby Boca Raton and along Worth Avenue in prestigious Palm Beach, and the Palm Beach International Airport is just a short drive from your home. Live the quiet, secure south Florida waterfront lifestyle you've always wanted, in the home of your dreams on this perfect island location.

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,408
  • Lot Size Depth Feet: 90
  • Lot Size Frontage Feet: 1,210
  • Total Building Area: 2,593
  • Gross Building Area: 2,593
  • Building Area: 1,703
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,703
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MC CORMICK MILE
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: MC CORMICK MILE LT 7

Neighborhood

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

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: 308
  • Parcel: 46-43-45-22-09-000-0070
  • Lot: 7
  • Meridian: SEC 22 TWN 45S RNG 43E
  • Municipality: OCEAN RIDGE
  • Latitude: 26.5384
  • Longitude: -80.049

    Address

  • Full Address: 7 Sabal Island Dr
  • Address - House Number: 7
  • 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: 2,068
  • Tax Year: 2022
  • Tax Amount: $1,191,674
  • Tax Rate Code Area: 46984

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 3,604,997
  • High Value: 4,271,150
  • Low Value: 2,938,844

    Market Valuation

  • Market Total Value: $2,130,760
  • Market Land Value: $2,090,000
  • Market Improvement Value: $40,760

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $662,806
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 7 Sabal Island Drive built and last sold?
The property at 7 Sabal Island Drive was built in 1973 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Sabal Island Drive is $13,130,000.
What are some comparable homes to 7 Sabal Island Drive?
There are currently no comparable homes to 7 Sabal Island Drive.