Ara Commercial Partners

Ocean Ridge 17 units

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The Emerald Shore Apartments is a fully renovated 17-unit multifamily property located directly across from the beach in Ocean Ridge. Built in 1962 and extensively modernized, the property sits on 0.54 acres and totals 11,227 square feet. The unit mix includes 14 one-bedroom/one-bath units, 2 two bedroom/one-bath units, and 1 three-bedroom/one-bath unit. Renovations include upgraded interiors with granite countertops, stainless steel appliances, new tile flooring, and cabinetry, as well as extensive exterior improvements such as a new concrete roof, resurfaced pool, updated parking lot, and new landscaping. Directly opposite Ocean Ridge Hammock Park, residents enjoy immediate beach access along with close proximity to restaurants, retail, and waterfront amenities. This stabilized, income-producing asset offers long-term upside in a highly desirable coastal market.

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