- MLS® #: RX-11142310
- 1 Tropical Dr
- Ocean Ridge, FL 33435
- $2,795,000
- 4,310 SqFt, 0.30 Acres
- Commercial
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.
View Virtual TourEssential Information
- MLS® #RX-11142310
- Price$2,795,000
- Square Footage4,310
- Acres0.30
- Year Built1956
- TypeCommercial
- Sub-TypeIncome, Hotel/ Motel, Mixed
- StatusActive
Style
Hotel / Motel, Income, Resident. Multi-Fam.
Community Information
- Address1 Tropical Dr
- Area4120
- SubdivisionPALM BEACH SHORE ACRES
- CityOcean Ridge
- CountyPalm Beach
- StateFL
- Zip Code33435
Interior
- AppliancesBuilding and Land
- HeatingWindow/Wall
- CoolingCeiling Fan, Wall-Win A/C
- # of Stories1
Exterior
- Lot Description8 Unit Multifamily
- RoofConcrete Tile, Tar/Gravel
- ConstructionCBS
Additional Information
- Date ListedNovember 20th, 2025
- Days on Website39
- ZoningRMM(ci
- Office: Compass Florida Llc
Property Location
1 Tropical Dr on www.jupiterabacoahomes.us
Offered at the current list price of $2,795,000, this home for sale at 1 Tropical Dr features bedrooms and 0 bathrooms. This real estate listing is located in PALM BEACH SHORE ACRES of Ocean Ridge, FL 33435 and is approximately 4,310 square feet. 1 Tropical Dr is listed under the MLS ID of RX-11142310 and has been available through www.jupiterabacoahomes.us for the Ocean Ridge real estate market for 39 days.
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Listing information last updated on December 30th, 2025 at 1:30am CST.