ISLAND DRIVE SOUTH ESTATES,Ocean Ridge

92 Island Drive S, Ocean Ridge FL 33435

4 beds · 4 baths · 3,233 ft²

For Sale · Active Listing

$3,499,999

6.67%

Est. Payment $18,628/mo

MLS Sheet Video

4

Bedrooms

4

Bathrooms

3,233

Sq. Ft.

2027

Year Built

2

Garage

2

Stories

130

Days on Market

Description

Perfectly positioned for boaters seeking effortless ocean access, this exceptional buildable waterfront lot sits on a quiet cul-de-sac in the coveted McCormack Mile section of Ocean Ridge only a few hundred yards from the Boynton Inlet and the town of Manalapan. Offering direct waterfrontage and a desirable southeast exposure, the property spans nearly 10,500 square feet, capturing brilliant light and shimmering water views. This rare opportunity is being offered with a brand-new seawall and cap, along with fully approved plans for a two-story contemporary residence by the award-winning team at Affiniti Architects. Their thoughtfully conceived design embraces clean modern architecture, seamless indoor-outdoor living, and the amenities expected of a true boater's and angler's paradise. The future residence commands nearly 5,000 total square feet and is surrounded by some of the newest and finest homes in Ocean Ridge, further elevating its long-term value and appeal. As a resident of McCormack Mile, you'll also enjoy access to a private oceanfront Beach House, a freestanding clubhouse for the exclusive use of neighborhood residents, perched high above the turquoise waters of the Atlantic and offering an unmatched seaside retreat. All site surveys, soil tests, development entitlements, and preliminary plans (including floorplans, site plan, and basic civil engineering) are transferable to the new owner. The buyer will be responsible only for completing final construction drawings, MEPs, and final civil engineering prior to building-permit submission. Ideally located, the property is just 15 minutes to PBIA, 10 minutes to Delray Beach, and moments from the Town of Palm Beach, world-class dining, boutique shopping, and pristine beaches. Whether arriving by boat or by car, this quiet tropical enclave offers the privacy, serenity and convenience synonymous with the best of South Florida living. A build-to-suit opportunity of this caliber is exceptionally rare, create your waterfront masterpiece and experience the quintessential Ocean Ridge lifestyle.

Facts

MLS#
R11158121
Subdivision
ISLAND DRIVE SOUTH ESTATES,Ocean Ridge
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2027
Lot Size
10,454 ft²
Sq. Ft.
3,233 ft²
Sq. Mt.
300 m²
Price per sq. ft.
$1,083/ft²
Price per sq. mt.
$11,667/m²
Stories
2
Garage
2 spaces
Pool
Private
Days on Market
130 days
Listed
Jan 27, 2026
Last Updated
May 31, 2026
Price/Lot Sq.Ft.
$335/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Ocean Ridge

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

41

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).

3/26/2026Price change$3,499,999-6.7%
1/27/2026Listed for sale$3,750,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

92 Island Drive S, Ocean Ridge FL 33435Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$21,695/mo

Principal & Interest

$18,628

Property Tax

$2,917

Insurance

$150

HOA

$0

20% ($700,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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92 Island Drive S, Ocean Ridge FL 33435 | $3,499,999 | Rangely Adames Miami Real Estate