$1,795,000
7 Fayette Drive
Ocean Ridge, FL 33435
TROPICAL PARK
Explore the area: Ocean Ridge homes for sale · Palm Beach County real estate
Price Check
How this price compares
- Asking price
- $1,795,000
- Price per sq ft
- $973
- Original price
- $1,995,000
- Days on market
- 224
This multi-family property in ZIP 33435 went under contract with an asking price of $1,795,000, or $973 per square foot. The asking price has come down 10% from its original $1,995,000. It spent 224 days on the market before going under contract.
Estimated monthly payment
$9,433 /mo
Principal and interest only, based on $359,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,795,000
- Days on Site
- 224 Days
- Bedrooms
- 0
- Total Baths
- 4
- Living Area
- 1,844 sqft
- Total Sq Ft
- 2,166 sqft
- Lot Size
- 0.17 Acres
- Year Built
- 1954
- Property Type
- Multi-Family
- MLS #
- R11159002
- Property Tax
- $18,572 (2025)
- Subdivision
- TROPICAL PARK
- County
- Palm Beach
- Status
- Under Contract
- Special Conditions
- Standard / Listed As Is
About This Property
Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and BBQ grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Escape to coastal bliss in this immaculety remodeled, turnkey furnished beach cottage, just steps from the sand and surf in Ocean Ridge. This two unit duplex with no rental restrictions can yield over $20,000 per month in the peak winter season. Or live in one and rent out the other. Immaculately renovated with designer finishes, coastal-inspired décor, custom kitchen with quartz countertops, stainless steel appliances, and open shelving. Nestled in a serene seaside neighborhood, this thoughtfully designed getaway offers the perfect blend of modern comfort and timeless beach charm. Each unit has two bedrooms and two bathrooms, a private outdoor patio with lounge seating and BBQ grill. Ideal for morning coffee or evening cocktails. This stunning beach cottage getaway is paradise found! Roof 2015. Air conditioning units are 2 years old. Appliances are brand new. 7 Fayette East: FORNO Espresso Package - 30" Induction Range, Refrigerator and Dishwasher in White with Antique Brass. FORNO Espresso Capoliveri 24" 1.2 cu. ft. Built-In Microwave Drawer in White with Antique Brass Handles 7 Fayette West: Samsung oven, Frigidaire cooktop, Whirlpool refrigerator. Smart TVs. Washer and dryer in each unit. In the event this Property is placed under contract with no contingencies and the Contract subsequently terminates or expires for any reason other than a Seller default, and the Seller and/or the Seller's Listing Broker is entitled to receive and/or retain the Earnest Money Deposit as liquidated damages, then unless expressly stated otherwise in the governing Contract, Buyer's broker/agent shall not be entitled to, nor receive, any portion of the Earnest Money Deposit retained by Seller and/or Seller's Listing Broker.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Under Contract
- Year Built
- 1954
- Property Condition
- Resale
- Levels
- One
- Lot Size (Acres)
- 0.17
- Living Sq Ft
- 1,844
- Total Sq Ft
- 2,166
- Structure Type
- Duplex
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- RMM(ci
Interior Features
- Cooling
- Central Air / Electric
- Heating
- Electric
- Flooring
- Tile / Wood
- Windows
- Plantation Shutters
Exterior Features
- Construction
- Block / Concrete
- Roof
- Flat
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Patio
- Lot Features
- Less Than Quarter Acre
- Waterfront Features
- None
- View
- Garden
Community & HOA
- Utilities
- Cable Available / Electricity Connected / Sewer Available / Water Available
- Pets Allowed
- No
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 4120
Schools
- Elementary School
- Forest Park
- Middle School
- Congress
- High School
- Boynton Beach
About the Area
Browse Ocean Ridge homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Ocean Ridge includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Ocean Ridge listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 68
- Median List Price
- $1,862,500
- Median $/Sq Ft
- $797
- Avg Days on Market
- 127
Frequently Asked Questions
- How do I schedule a tour of 7 Fayette Drive, Ocean Ridge, FL 33435?
- Use the Tour button on this listing to request a showing of 7 Fayette 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 7 Fayette Drive, Ocean Ridge, FL 33435 still available?
- 7 Fayette Drive, Ocean Ridge, FL 33435 is currently listed as Under Contract, and has been on the market 224 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 7 Fayette Drive, Ocean Ridge, FL 33435?
- With 20% down ($359,000) on the $1,795,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7 Fayette Drive, Ocean Ridge, FL 33435 is about $9,433/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 7 Fayette Drive, Ocean Ridge, FL 33435?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7 Fayette 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.
- What schools serve 7 Fayette Drive, Ocean Ridge, FL 33435?
- 7 Fayette Drive, Ocean Ridge, FL 33435 is zoned for Forest Park (elementary), Congress (middle), Boynton Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 7 Fayette Drive, Ocean Ridge, FL 33435?
- Often, yes. The right offer on 7 Fayette Drive, Ocean Ridge, FL 33435 depends on how it's priced against comparable multi-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.
$1,795,000
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Listed by Frederick Moran, 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 $309 per square foot. The most recent closed on September 30, 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$647,500
Sold · September 30, 2026
409 Francesca Ridge Road
3 bed · 2.5 bath · 2,094 sqft · $309/sqft
$41,500 under the asking price
Sold$384,900
Sold · September 30, 2026
11 NE 28TH Court
3 bed · 1 bath · 1,052 sqft · $366/sqft
$10,000 over the asking price
Sold$170,000
Sold · September 29, 2026
2015 S SEACREST Boulevard C
1 bed · 1.5 bath · 891 sqft · $191/sqft
$10,000 under the asking price
Sold$2,000,000
Sold · September 28, 2026
4 Whitney Way
0 bed · 0 bath
$450,000 under the asking price
Sold$140,000
Sold · September 28, 2026
135 South Boulevard A
2 bed · 2 bath · 1,104 sqft · $127/sqft
$7,500 under the asking price
Sold$1,550,000
Sold · September 28, 2026
2419 S Seacrest Boulevard
0 bed · 5 bath
$50,000 under the asking price
See every recorded sale in ZIP 33435 or find out what your ZIP 33435 home is worth.
