6520 North Ocean Boulevard, Ocean Ridge, FL 33435 For Sale

SOUTH FLORIDA'S MOST UNIQUE WATERFRONT OPPORTUNITY

Submerged Intracoastal Parcel — Ocean Ridge, Palm Beach County, Florida

BIDS DUE JULY 31, 2026

An exceptional opportunity to acquire approximately 3.2± acres of submerged intracoastal land in the prestigious Town of Ocean Ridge, Palm Beach County, Florida — one of the region's finest coastal communities.

This parcel currently sits within the Intracoastal Waterway and offers strong long-term optionality: residential development potential (subject to bulkhead construction, fill, and full governmental/environmental approval), environmental mitigation use, or mangrove relocation/preservation strategies, subject to agency approval.

The property is being offered through a Public Pricing LLC bidding process, with the seller accepting the highest qualified bid of $750,000 or greater. Buyers are encouraged to submit their strongest offer before the bid deadline. Full terms of sale available at www.OnlyOneOceanRidge.com.

Located immediately west of Wellington Arms Condominium (6520 N. Ocean Boulevard — landmark reference only), the property does not have an assigned street address.

Current Condition & Development Path

This is submerged land under its current, as-is condition — not dry, buildable land today. Under a hypothetical scenario in which the site is bulkheaded and filled to “high and dry” status, and subject to all required governmental, environmental, and permitting approvals, the site could support:

• Single-family zoning: 3.6 units per acre
• Residential medium-density zoning: applicable to the balance of the site
• Total potential yield: up to 12 units, or subdivision into 3 to 9 lots, depending on final approved plan

All development figures above are hypothetical and conditioned on bulkhead construction, fill, permitting, and regulatory/environmental approval, and are subject to buyer verification.

Property Highlights

• Open Bidding Sale — Highest Qualified Bid Above $750,000
• Bid Deadline: July 31, 2026
• 3.2± Acres of Submerged Land, Intracoastal Waterway, Ocean Ridge, Florida
• Hypothetical Conditioned: High & Dry, Developable Land with Bulkhead
• Single Family Zoning: 3.6 Units/Acre; Residential Medium Density Zoning also applicable
• Up to 12 Units Total, or Subdivision into 3–9 Lots (subject to approvals)
• Potential Environmental Mitigation / Mangrove Relocation & Preservation Opportunity
• Prime Intracoastal Access
• Located Minutes from Delray Beach, Atlantic Ocean Beaches, Shopping & Dining
• Comprehensive Due Diligence Package Available

Due Diligence

A comprehensive due diligence package is available, including surveys, engineering plans, easement documentation, title information, court orders, permits, appraisal materials, and other supporting documents.

2020 Appraisal: The property was appraised at $4.2 million under the appraisal's stated hypothetical development assumptions (i.e., assuming the land had been filled/bulkheaded and approved for the development scenario described above). This figure reflects a conditional future value, not the as-is value of the land in its current submerged state. The full appraisal is available as part of the due diligence materials.

All zoning, unit count, and development potential figures are hypothetical, conditioned on bulkhead construction, fill, environmental review, and governmental/agency approval, and remain subject to buyer verification. This is not a representation that the property is currently developable.