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Slice RealtyPropiedad Futura

$2,995,000

2 bd · 2 ba · 1,460 sq ft · Single Family Residence

23 Sabal Island Drive, Ocean Ridge FL 33435

For Sale · Active listing

Est. payment $16,459/mo · Mortgage calculator

Listed by The Corcoran Group / Steven R. Presson

Contact: 561-843-6057 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

About this home

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

Facts
MLS #
R11155024
Subdivision
MC CORMICK MILE
Property type
Residential
Property subtype
Single Family Residence
Sq. ft.
1,460
Price per sq. ft.
$2,051 / sq ft
Year built
1974
Lot size
0.25 acres
Days on market
279
County
Palm Beach County
Date listed
Jan 16, 2026
Last updated
Oct 22, 2026
Financial considerations
Taxes
$9,167 (2025)
HOA amenities
Boat Dock, Private Pool
Exterior features
Waterfront
Yes
View
Intracoastal View, Pool
Construction
CBS Construction
Parking spaces
2
Interior features
Furnished
Unfurnished
Heating
Central
Cooling
Central Air
Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Additional features
No Interior Features, Family Room
Additional features
Pets allowed
Yes

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.

Loan amount$2,396,000
Total cost of mortgage$5,925,189
Monthly payment$16,459

Local context (our analysis)

Area stats are available for our covered neighborhoods. See neighborhoods.

Source: Southeast Florida MLS (SEFMLS). Last updated Oct 22, 2026, 2:41 PM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.