
Licensed Real Estate Broker & Auctioneer
Broker - # BK3003661 | Auction #AB1446 | Auctioneer #AU1986
Extraordinary Value — Only One Site Like This In Florida.
Great opportunity for community
Philanthropic Conservationists
OR A GREAT LEGACY ASSET
Possible environmental mitigation, restoration,
preservation, or habitat-offset strategies. Many options.
Florida law expressly recognizes privately owned submerged lands and even specifically addresses
private moorings owned by owners of privately owned submerged lands.
This 3.2± acre parcel: could provide a unique location for a luxury houseboat, house yacht, or floating residence?
Florida Statute §327.4109(4) specifically provides an exception involving a private mooring owned by the owner of privately owned submerged lands: CLICK HERE
Florida Statute §253.141 separately recognizes circumstances in which submerged bottoms are subject to private ownership.
CLICK HERE
ATTENTION DEVELOPERS - INVESTORS:
Zoning single family 3.6 units per acre and
residential medium density for a total of up to 12 units.
2020 appraisal of $4.2 million under hypothetical development assumptions.
At $299,500, this parcel offers a rare opportunity to control a piece
of that corridor today before a future development,
mitigation, conservation, or waterfront-use need
makes its strategic value apparent.
AI-GENERATED ILLUSTRATION AND PHOTOS
This aerial image and photos has been generated using artificial intelligence for marketing and illustrative purposes only. It is intended to provide a general visual representation of the property's approximate location, boundaries, and surrounding area.
It is not a survey, engineering drawing, or legally accurate depiction. Buyers should independently verify all property information, boundaries, dimensions, zoning, development potential, and other material facts.
Nestled along one of South Florida's most desirable stretches of coastline, Ocean Ridge is an exclusive barrier island community renowned for its understated elegance, natural beauty, and exceptional quality of life. With a small-town atmosphere and a commitment to preserving its unique character, Ocean Ridge offers residents privacy and tranquility while remaining just minutes from world-class dining, shopping, and cultural attractions.
Bordered by the Atlantic Ocean to the east and the Intracoastal Waterway to the west, Ocean Ridge offers an extraordinary coastal setting with convenient access to marinas, pristine beaches, waterfront recreation, and some of South Florida's most spectacular sunrises. Its strategic location places residents within easy reach of Palm Beach, Boca Raton, Delray Beach, and three international airports.
Opportunities to acquire and develop property in Ocean Ridge are exceptionally rare due to the community's limited size, mature neighborhoods, and carefully managed growth. This scarcity has helped make Ocean Ridge one of Palm Beach County's most sought-after waterfront communities, attracting discerning homeowners, investors, and developers who appreciate both its lifestyle and long-term value.
Whether envisioned as a luxury residential development or a legacy investment, this property represents a rare opportunity to become part of one of South Florida's most prestigious coastal communities.
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Fred DeFalco
Licensed Real Estate Broker & Auctioneer
Auction Business - #AB1446
Auctioneer - #AU1986
Real Estate Broker - # BK3003661
IF YOU PREFER YOU MAY CALL FRED AT
833-BID-DEAL (833-243-3325)
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