54 SPANISH RIVER DR, OCEAN RIDGE, FL 33435

54 SPANISH RIVER DR, OCEAN RIDGE, FL 33435 is a property built in 2023 on a 12,273 square foot lot. The property is currently owned by SMITH GREGORY H & SMITH KATHERINE E, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-01-15 for $2,435,000. The 2026 assessed value is $3,296,784 with a market value of $4,957,604. This breaks down to $3,571,282 for the land and $1,386,322 for the building.

The assessed value decreased 34% from $4,957,604 in 2025. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $103,125, and the median home value is $845,000. The population density is 1,672 people per square mile. 54 SPANISH RIVER DR, OCEAN RIDGE, FL 33435 is located in OCEAN RIDGE, Florida.

Property records, tax assessments, sales history, and ownership information for this OCEAN RIDGE property are sourced from palm_beach County public records. The current assessed value represents 135% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..