tomo logo

$8,250,000

Beds
4
Baths
4.5
sq ft
4,111

92 S Island Dr S Dr, Ocean Ridge, FL 33435

92 S Island Dr S Dr

Ocean Ridge, FL 33435

  • 22 days on market
    • Price drop $500,000↓
Stunning South-facing Miracle Mile double lot (.6 Acres) with 4100sqft 4 bedroom existing house located on a quiet cul-de-sac in Ocean Ridge. Both 92 Island Drive S. and 93 Island Drive S. are included. Home was built in 1971 and in which the owners have lived for 2.5 years while planning to build on the empty lot. Home is fully functional. The property features 240ft of seawall with deep water dockage, incl a ski lift. Wide bay views. Seconds from Boynton Inlet and walking distance to the beach. Full home plans ready for permitting are available for the empty lot, as the owners decided not to build. Ownership also includes access to a private neighborhood beach club. Build your dream compound on both lots, or keep the lots separate for two development projects.

Details

Property type

Single Family Residence

Est. home value

$3,651,083

Lot size

0.58 acres

Price per sq ft

$2,007

Year built

1971

Annual property taxes

$97,391

Price History

01/20/2025
SEF

SEF #A11721791

Price change
$8,250,000
-5.71%
01/10/2025
SEF

SEF #A11721791

Listed
$8,750,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Northern Tr Bk/Fl

Loan start date

June 2001

Original loan amount

$1,050,000

Est. remaining balance

Not provided

Interest rate

7.1%

Loan type

New Conventional

Seller

Geoffrey S Walker and Erica Walker

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/02/2025 at 5:25 AM

Listing updated: 01/21/2025 at 12:04 AM

Listed by: Michael Eaton, International Realty Services and Investments Corp Phone #: (305) 534-3843

MLS: SEF #A11721791

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