Living in Florida's Space Coast
OCEAN RIDGE
Ocean Ridge is the single-family neighborhood in Melbourne Beach where $635,000 was the median across nine closed sales in the last twelve months, the association runs about $405 a month, and seven of nine had a private pool. Built 1996 to 2014.
Ocean Ridge In Melbourne Beach, Florida
Ocean Ridge sits in Melbourne Beach, in the 32951 zip code, on Sanibel, Ocean Ridge and Captiva. Over the last twelve months nine of the nine properties I tracked here actually closed, at a $635,000 median.
The housing stock is 9 single-family homes, built 1996 to 2014. The size range runs 1,500 to 2,340 square feet, which is wide enough that the neighborhood median tells you very little about any one property. Price it off the comparable sales on that street, not the plat.
Sellers closed at about 96 percent of original list, a normal working spread for beachside Brevard. The room that exists shows up on properties that have already cut once.
one of the nine properties are waterfront. That single line is the biggest split inside Ocean Ridge, and a waterfront property and an interior one on the same street should never be priced off each other.
Ocean Ridge At A Glance
Every figure below comes from the last twelve months of Melbourne Beach market data for this neighborhood. Nothing here is an estimate.
| Detail | What you get |
|---|---|
| Housing type | 9 single-family homes, mostly one story |
| Home size range | Roughly 1,500 to 2,340 square feet, median about 1,930 |
| Bedrooms and baths | three to four bedrooms, two to three baths |
| Lot size | 0.17 to 0.28 acres, median about 0.17 |
| Year built | 1996 to 2014, median 1998 |
| Median sold price | $635,000 over the last twelve months |
| Sold price range | $495,000 to $717,000 |
| Price per square foot | About $342 median |
| HOA dues | $405 median a month, reported on 9 of 9 listings |
| Waterfront | 1 of 9, on the water |
| Private pools | 7 of 9 |
| Garage | 9 of 9 listings reported a garage |
| Property tax | About $3,872 median annual, ranging widely with assessment history |
| Days on market | 26 days median, at about 96 percent of original asking price |
| Location | Melbourne Beach, 32951 |
Ocean Ridge Costs, Honestly
The line items that decide what this actually costs you, beyond the purchase price.
Insurance And Flood
Get the quote firstEvery address on this island is underwritten on its own elevation certificate, roof age and opening protection. Two properties on the same street can be thousands apart a year. I get you a real quote inside the inspection period, before the payment you are picturing becomes the payment you are stuck with.
The Seawall And The Dock
The item people forgetA seawall has a lifespan and replacing one is a five figure job. So is a dock, a lift and the electrical that runs them. On a property where the association may or may not own that structure, that question gets answered in writing before you go hard on a deposit.
The Tax Bill Resets
About $3,872 median todayThat is what the current owners pay, not what you will. Florida caps annual assessment increases for homesteaded owners and the cap resets on sale, so on a property somebody has held fifteen years your first bill can land materially higher. I run the reset number before you write.
Real Negotiating Room
About 96 percent of original listA 26 day median with closings near 96 percent of the original asking price. That is a narrow gap, so the win here comes from being ready to move rather than from grinding the price.
Ocean Ridge Features
Waterfront Available
1 of the 9 properties front the water. Verify the seawall condition, the dock permit and the actual depth at low tide before you rely on a listing photo.
Association On Record
A median of $405 a month across 9 of the 9 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
Pools Are Standard
7 of the last 9 had a private pool. On the barrier island the pump, the heater and the screen enclosure age faster than they do inland, so those get inspected separately from the house.
Mostly Single Story
9 of the 9 listings reporting stories were one level, typical of when this was platted.
Original Era Housing
Median year built is 1998. Roof age, wiring and plumbing are the three things that decide both your insurance quote and your first five years of budget.
Garages Are Common
9 of the 9 listings reported a garage, which on the beachside is less common than buyers expect.
Homes For Sale Near Ocean Ridge
Nothing is listed inside Ocean Ridge at this moment, which happens in a neighborhood this size. Below is every active Melbourne Beach listing between $375,000 and $1,025,000, the band Ocean Ridge actually trades in. Call me at (321) 212-7676 and I will tell you the day something lists on these streets.
Ocean Ridge Frequently Asked Questions
What do homes sell for in Ocean Ridge?
The median closed price over the last twelve months was $635,000 across nine sales, ranging $495,000 to $717,000. Median price per square foot was $342.
Does Ocean Ridge have an HOA?
Yes. The median reported association fee is $405 a month, on 9 of the 9 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.
Is Ocean Ridge waterfront?
1 of the 9 properties front the water. Which water it is changes the price, and on canal or river frontage the seawall, the dock permit and the low tide depth all need checking before you rely on the photos.
Can you negotiate on price in Ocean Ridge?
Sellers closed at about 96 percent of original list over the last year. There is some room, and it tends to show up on properties that have already had a price cut. I price the offer off the specific comparable sales, not the neighborhood average.
Are there pool homes in Ocean Ridge?
Yes. 7 of the 9 properties have a private pool. On the barrier island the pump, the heater and the screen enclosure age faster than inland, so I have those inspected separately from the structure.
What are property taxes like in Ocean Ridge?
The median bill on record is about $3,872, but that is what the current owners pay. Florida caps annual assessment increases for homesteaded owners and the cap resets when the property sells, so your first bill can be materially higher. I run the reset number before you write an offer.
What is the buying process like in Ocean Ridge?
I pull the closed comparable sales for the specific street, get a real wind and flood quote inside the inspection period, run the tax reset so the monthly payment you are picturing is the one you will actually have, and read whatever association or deed documents apply. Then we write. Call me at (321) 212-7676.
Melbourne Beach, 32951
Ocean Ridge sits in Melbourne Beach, in the 32951 zip code, on Sanibel, Ocean Ridge and Captiva. The town runs south along A1A from the Melbourne Causeway toward Sebastian Inlet, and the further south you go the thinner and quieter the island gets.
That geography is the whole story on price down here. A Melbourne Beach address can mean a 1950s cottage two blocks from the pier or a gated riverfront community fifteen minutes south. Those are different markets that happen to share a post office.
Near Ocean Ridge In Melbourne Beach
Considering Ocean Ridge?
If Ocean Ridge is on your list, my partner Nichole and I are the agents to call. We work Melbourne Beach every week, we know these streets, and we will tell you straight whether a property is priced right. Reach out anytime at (321) 212-7676.
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