















$2,995,000
23 Sabal Island Drive
Ocean Ridge, FL 33435
Explore the area: Ocean Ridge homes for sale · Palm Beach County real estate
Price Check
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.
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 estimateListing 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 linkGeneral 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
About the Community
- Homes for Sale
- 1
- Median List Price
- $2,995,000
- Median $/Sq Ft
- $2,051
- Avg Days on Market
- 267
Frequently Asked Questions
- 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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Recent Sales
Recently sold homes in ZIP 33435
These are the last 6 recorded closings in ZIP 33435, with the price each home actually sold for rather than what it was listed at. They closed at a median of $295 per square foot. The most recent closed on October 9, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$315,000
Sold · October 9, 2026
1526 NE 1ST Court
3 bed · 1 bath · 1,066 sqft · $295/sqft
$24,000 under the asking price
Sold$78,000
Sold · October 8, 2026
2515 NE 2nd Court 405
1 bed · 1.5 bath · 754 sqft · $103/sqft
$11,000 under the asking price
Sold$102,500
Sold · October 5, 2026
2515 NE 1st Court 4020
2 bed · 2 bath · 960 sqft · $107/sqft
Sold$500,000
Sold · October 5, 2026
135 SE 26TH Avenue
3 bed · 2 bath · 1,596 sqft · $313/sqft
$39,900 under the asking price
Sold$595,000
Sold · October 5, 2026
3100 S SEACREST Boulevard
3 bed · 2 bath · 1,768 sqft · $337/sqft
$5,000 under the asking price
Sold$250,000
Sold · October 2, 2026
120 NE 12TH Avenue
3 bed · 1 bath · 1,044 sqft · $239/sqft
$25,000 under the asking price
See every recorded sale in ZIP 33435 or find out what your ZIP 33435 home is worth.


