MC CORMICK MILE
23 Sabal Island Drive, Ocean Ridge FL 33435
2 beds · 2 baths · 1,460 ft²
$3,295,000
Est. Payment $17,537/mo
2
Bedrooms
2
Bathrooms
1,460
Sq. Ft.
1974
Year Built
2
Garage
1
Stories
156
Days on Market
Description
Rare Waterfront Opportunity in Ocean Ridge - 100 Feet of Deep-Water Frontage. An extraordinary opportunity to own a premier waterfront property on the highly coveted Sabal Island in Ocean Ridge, Florida. This quarter-acre estate boasts 100 feet of true deep-water frontage, offering direct access to one of the finest waterways in the area—perfect for boating enthusiasts and those seeking the ultimate coastal lifestyle. The existing residence offers 2 bedrooms, 2 baths, a den, a two-car garage across approximately 2,500 square feet—an excellent opportunity to renovate, reimagine, or create your custom dream home. Whether you choose to transform the current home or start fresh, the value lies in the land, the water frontage, and the unmatched location. Ocean Ridge is one of South Florida's best-kept secrets. The charming coastal town is known for its beauty, tranquility, and exceptional sense of privacy and security. With no commercial congestion and a strong residential character, Ocean Ridge offers a peaceful seaside lifestyle while remaining centrally located between Palm Beach and Delray Beach. Enjoy quick access to Atlantic Avenue in Delray Beach, renowned for its dining, shopping, and nightlife, or head north to Palm Beach's Worth Avenue, 25 minutes away. This property also includes membership to the exclusive McCormick Beach Club, providing private beach accessan invaluable amenity that completes the ultimate Florida waterfront lifestyle. Ocean Ridge represents one of the best value price points in all of South Florida for waterfront living. With limited inventory, protected waterways, and a highly desirable location, opportunities like this are increasingly rare. Dream home. Dream location. Exceptional value. A truly special offering in one of South Florida's most beautiful and sought-after coastal communities.
Facts
- MLS#
- R11155024
- Subdivision
- MC CORMICK MILE
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 10,890 ft²
- Sq. Ft.
- 1,460 ft²
- Sq. Mt.
- 136 m²
- Price per sq. ft.
- $2,257/ft²
- Price per sq. mt.
- $24,228/m²
- Stories
- 1
- Garage
- 2 spaces
- Pool
- Private
- Days on Market
- 156 days
- Listed
- Jan 16, 2026
- Last Updated
- Jun 21, 2026
- Price/Lot Sq.Ft.
- $303/ft²
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Market insights for Ocean Ridge
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
June 2026
50
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 1/16/2026 | Listed for sale | $3,295,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Dr. Rolando Espinosa K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 0.2 mi
Ronald W. Reagan/Doral Senior High School8,9,10,11,12 · public · 0.3 mi
Dr. Toni Bilbao Preparatory AcademyPK,KG,1,2,3,4,5,6,7,8 · public · 0.4 mi
Andrea Castilla Prep K-8PK,KG,1,2,3,4,5 · public · 0.5 mi
Doral International Academy of Math and ScienceKG,1,2,3,4,5,6,7,8 · charter · 1.3 mi
Eugenia B. Thomas K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 1.7 mi
Divine Savior Lutheran AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12,UG · private · 1.9 mi
J.C. BERMUDEZ DORAL SENIOR HIGH-76419,10,11,12 · public · 2.2 mi
John I. Smith K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 2.3 mi
Angels Reach Academy for Divergent LearnersPK,KG,1,2,3,4,5,6,7,8,UG · private · 2.4 mi
Estimated Monthly Payment
$20,433/mo
Principal & Interest
$17,537
Property Tax
$2,746
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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