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Listed price in listed location currency (USD).
$2,795,000

020

MLS® R11151426

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 3397 sqft
Garage No
Taxes $21,714
Days Active 26
Lot Size 0.3 acres
Approx. Age 1956
Avg. Price Per Sqft $822
MLS® Number R11151426

Property Address: 1 Tropical Dr, Ocean Ridge, FL, 33435-7034

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberR11151426
Laundry Level
Central VacNo
FireplaceNo
Acreage0.3
Exterior
GarageNo
Approx. Age1956
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 4, 2026List Date
$2,795,000List Price
  • Commute

Commute

Starting Address
Destination Address
1 Tropical Dr, Ocean Ridge, FL

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