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$2,795,000
6 Days On Site

1 Tropical Drive
Ocean Ridge, FL 33435

For Sale|Triplex|Active
0
Beds
2
Total Baths
3,397
SqFt
$823
/SqFt
1956
Built
Subdivision:
PALM BEACH SHORE ACRES
County:
Palm Beach

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561-306-4597
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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.

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Listing Snapshot
Price 
$2,795,000
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,397 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3 Acres
Year Built 
1956
MLS® Number 
R11151426
Status 
Active
Property Tax 
$21,714
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
6 days agoStatus changed to Active
6 days agoListing updated with changes from the MLS®
7 days agoListing first seen on site
General Features
Acres 
0.3
Levels 
One
Property Sub Type 
Triplex
Sewer 
Public Sewer
SqFt Total 
4310
Utilities 
Cable AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
RMM(ci
Interior Features
Cooling 
Ceiling Fan(s)Wall/Window Unit(s)
Flooring 
TerrazzoTile
Heating 
Wall Furnace
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Exterior Features
Construction Details 
Block
Pool Features 
In GroundAssociationPrivate
Private Pool 
Yes
Roof 
Concrete
Community Features
Association Amenities 
Pool
Financing Terms Available 
Cash
MLS Area 
4120
Listing courtesy of Compass Florida LLC



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-01-11 10:06 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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