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  4. 1 Tropical Drive, Ocean Ridge, FL 33435
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1 Tropical Drive
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  • MLS#: R11151426 ( Residential Income )
  • Street Address: 1 Tropical Drive
  • Viewed: 10
  • Price: $2,795,000
  • Price sqft: $648
  • Waterfront: No
  • Year Built: 1956
  • Bldg sqft: 4310
  • Total Baths: 2
  • Days On Market: 23
  • Additional Information
  • Geolocation: 27 / -80
  • County: Palm Beach
  • City: Ocean Ridge
  • Zipcode: 33435
  • Subdivision: Palm Beach Shore Acres
  • Provided by: Compass Florida LLC
  • DMCA Notice
  • Description
    Prime Location: Located one block from the beach in Ocean Ridge, a prestigious and highly desirable area in Florida. 8 units comprised of 3 studios and five 1 bed, 1 bath. All on separate elec. meters. Shared coin laundry. Complete Accordion Shutters. 100% occupied, annual leases. Some rents are below market. Investment Potential: Ideal for investors looking for a stable income property with strong appreciation. Outdoor Space: features patios, swimming pool, barbecue, Etc. Redevelopment Opportunity: Potential for redevelopment into luxury townhomes or condos, given the upscale neighborhood. Community Appeal: Ocean Ridge is known for its community feel, and exclusivity. Close to Downtown Delray beach, shopping, restaurants, and nightlife.
Property Location and Similar Properties
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Similar
Features
Possible Terms
  1. Cash
Association Amenities
  1. Pool
Close Date
  1. 0000-00-00
Cooling
  1. Ceiling Fan(s)
  2. Wall/Window Unit(s)
Electric
  1. Three Phase
Flooring
  1. Terrazzo
  2. Tile
Heating
  1. Window/Wall
Legal Description
  1. PALM BEACH SHORE ACRES BLKS A~ B & Z E 126.05 FT OF W 144.05 FT OF LT 16 BLK A
Parcel Number
  1. 46434534050010190
Pool Features
  1. In Ground
Property Type
  1. Residential Income
Road Frontage Type
  1. East of US-1
Roof
  1. Concrete
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Tenant Pays
  1. Cable TV
  2. Electricity
Utilities
  1. Cable Available
  2. Sewer Available
  3. Water Available
Views
  1. 10
Water Source
  1. Public
Year Built
  1. 1956
Zoning Code
  1. RMM(ci
Tropic Shores Realty - Spring Hill
#cq1021318
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Datafeed Last updated on January 28, 2026 @ 12:00 am
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