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
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
Beaches MLS #R11155024
Oct 5, 2026
Price Changed
$2,995,000
$2,051/sq ft
Jan 16, 2026
Listed
$3,295,000
$2,257/sq ft
Public Records
Feb 24, 1989
Sold
$305,000
$209/sq ft
Public Records
Aug 1, 1986
Sold
$242,500
$166/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,168 (+3.1%)
2024
$8,896 (+2.5%)
2023
$8,683 (+0.5%)
2022
$8,639 (+0.5%)
2021
$8,599 (+1.4%)
2020
$8,478 (+0.3%)
2019
$8,449 (+6.0%)
2018
$7,967 (+1.3%)
2017
$7,867 (−0.7%)
2016
$7,919 (−2.3%)
2015
$8,102 (−0.2%)
2014
$8,117 (+1.3%)
2013
$8,009 (+0.5%)
2012
$7,972 (+1.6%)
2011
$7,846
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
1
Lot width
100 ft.
Lot depth
110 ft.
Lot size
0.25 Acres
Year renovated
1974
Finished Sq. Ft.
1,460
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,460
Year built
1974
Style
Single Family Residential
County
Palm Beach County
APN
46434522090000230
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 28, 2026.
RSF
Single-Family Residential District
It is the intent of the town commission to introduce and maintain certain elements of human scale to the proportion of single-family residential dwellings within the town. As used in this land development code, human scale refers to architectural elements of construction, such as windows, doors, entryways, ceiling heights, roofs, building envelope and overall height, and the keeping of such elements in an approximate 1:1 relationship with the scale of the human body. This is being done in the best interest of the health, safety and welfare of the community, and to provide adequate light, air, and separation between buildings. In addition, the town commission is seeking to harmonize the building character within the community by restricting the use of large and overstated, or overbearing building elements.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Mar 9, 2007 • Final
Pool barrier
Pool and hot tub
Jan 30, 2007 • Final
Roofing
Work on a reroof.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
7/10 Flood Factor
Estimated 70-78% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 104° expected this year, 26 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Ocean Ridge, FL • 33435
Average low and high temperatures (°F)
73°
59°
76°
63°
79°
67°
81°
72°
87°
77°
88°
78°
90°
79°
91°
78°
87°
76°
84°
74°
81°
69°
77°
66°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Ocean Ridge. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 23 Sabal Island Dr
$2,659,776
$335K under list price of $3.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $396K to $3.3M.