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23 Sabal Island Drive, Ocean Ridge, FL 33435
Active
267 Days on Market
Virtual Tour
1 / 16
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$2,995,000

23 Sabal Island Drive

Ocean Ridge, FL 33435

MC CORMICK MILE

Explore the area: Ocean Ridge homes for sale · Palm Beach County real estate

How this price compares

List price
$2,995,000
Price per sq ft
$2,051
Vs. nearby sales
574.7% above
Days on market
267

This 2-bedroom single-family home in ZIP 33435 is listed at $2,995,000, or $2,051 per square foot. The asking price has come down 9.1% from its original $3,295,000. It has been on the market for 267 days. The 4 most recent single-family home sales in the closings shown below sold at a median of $304 per square foot, so the asking price is 574.7% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,460
Living Sq Ft
1974
Year Built

Estimated monthly payment

$15,740 /mo

Principal and interest only, based on $599,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$2,995,000
Days on Site
267 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,460 sqft
Total Sq Ft
2,522 sqft
Lot Size
0.25 Acres
Year Built
1974
Property Type
Single Family
MLS #
R11155024
Property Tax
$9,168 (2025)
Subdivision
MC CORMICK MILE
County
Palm Beach
Status
Active

About This Property

Sabal Island, Ocean Ridge — A Rare Waterfront Setting for Your Forever Home. Just reduced $300,000 and priced to sell, this exceptional waterfront property offers an A+ location, 100 feet of deep-water frontage, and the opportunity to create a forever home just steps from the beach. Set on coveted Sabal Island in the small seaside town of Ocean Ridge, this approximately quarter-acre property brings together the qualities that make coastal real estate so desirable: an island setting, outstanding boating access, private beach access, and a location with lasting appeal. Here, the opportunity extends beyond the existing home—it is the chance to create something truly special on a valuable piece of waterfront land. The current residence offers two bedrooms, two baths, a den, and a two-car garage across approximately 2,500 square feet. Renovate and reimagine the home or explore building a custom residence tailored to your vision. With 100 feet of waterfront, there is an exceptional foundation for a life centered on the water. Membership to the exclusive McCormick Beach Club provides private beach access, placing boating and beach days within the same everyday lifestyle. Ocean Ridge offers a rare balance of privacy, tranquility, and convenience. Its residential character and uncrowded coastal setting feel worlds away, yet the restaurants, boutiques, and nightlife of Delray Beach's Atlantic Avenue are close by, with Palm Beach's Worth Avenue a short drive north. A meaningful price reduction. A premier island location. An extraordinary opportunity to create your forever home in one of South Florida's most desirable coastal communities

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
1974
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
2
Parking
Garage
Direction Faces
West
Lot Size (Acres)
0.25
Living Sq Ft
1,460
Total Sq Ft
2,522
Structure Type
House
Sewer
Septic Tank
Water Source
Public
Zoning
RSF(ci

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Interior Features
Main Level Primary / None
Main Level Bedrooms
2
Main Level Baths
2
Total Rooms
4
Furnished
Unfurnished

Exterior Features

Construction
CBS Concrete Block Structure / Block
Private Pool
Yes
Pool Features
In Ground
Lot Features
Quarter To Half Acre Lot
Waterfront
Yes
Waterfront Features
Canal Front
View
Intercoastal / Pool

Community & HOA

Utilities
Water Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
No Restrictions
MLS Area
4120
Homes for Sale
1
Median List Price
$2,995,000
Median $/Sq Ft
$2,051
Avg Days on Market
267
View all 1 homes for sale in Mc Cormick Mile →
How do I schedule a tour of 23 Sabal Island Drive, Ocean Ridge, FL 33435?
Use the Tour button on this listing to request a showing of 23 Sabal Island Drive, Ocean Ridge, FL 33435. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 23 Sabal Island Drive, Ocean Ridge, FL 33435 still available?
23 Sabal Island Drive, Ocean Ridge, FL 33435 is currently listed as Active, and has been on the market 267 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 23 Sabal Island Drive, Ocean Ridge, FL 33435?
With 20% down ($599,000) on the $2,995,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 23 Sabal Island Drive, Ocean Ridge, FL 33435 is about $15,740/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 23 Sabal Island Drive, Ocean Ridge, FL 33435?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 23 Sabal Island Drive, Ocean Ridge, FL 33435. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 23 Sabal Island Drive, Ocean Ridge, FL 33435?
Often, yes. The right offer on 23 Sabal Island Drive, Ocean Ridge, FL 33435 depends on how it's priced against comparable single family sales in Ocean Ridge, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of The Corcoran Group

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$2,995,000

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Listed by Steven R. Presson, The Corcoran Group

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