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. Whole building generator. Complete Accordion Shutters.100% occupied, annual leases. Some rents are lower than market due to the lease length of time. 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.
Property Details
Price:
$2,795,000
MLS #:
RX-11142310
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
MultiFamily (5+ Units)
Subdivision:
PALM BEACH SHORE ACRES
Listed Date:
Nov 20, 2025
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1956
See this Listing
Schools
Interior
Cooling
Ceiling Fan, Wall- Win A/C
Flooring
Terrazzo Floor, Tile
For Lease
No
Heating
Window/Wall
Exterior
% Air Conditioned
100.00
Construction
CBS
Roof
Concrete Tile, Tar/Gravel
Financial
Utilities
Cable, Electric, Generator, Public Sewer, Public Water
Map
Community
- Address1 Tropical Drive Ocean Ridge FL
- SubdivisionPALM BEACH SHORE ACRES
- CityOcean Ridge
- CountyPalm Beach
- Zip Code33435
Subdivisions in Ocean Ridge
- BOYNTON BEACH PARK
- BOYNTON SUB
- CAPRI CO-OP APTS INC
- COASTAL SHORES WEST
- COLONIAL RIDGE
- COLONIAL RIDGE CORP
- Crown Colony
- Crown Colony Paget House
- DUNES OF OCEAN RIDGE CONDO
- INLET CAY
- INLET PLAZA CONDO
- MC CORMICK MILE
- MC CORMICK MILE ADD 1
- OCEAN BREEZE TOWNHOMES CONDO
- Ocean Manor
- OCEAN PARK MANOR CONDO
- OCEAN RIDGE
- OCEAN RIDGE BEACH
- OCEAN RIDGE YACHT CLUB
- OCEAN RIDGE YACHT CLUB ANNEX
- OCEAN SHORE ESTATES
- OYSTER BAY COOPERATIVE INC
- PAGET HOUSE
- PALM BEACH SHORE ACRES
- PALM BEACH SHORE ACRES BLKS A,B & Z
- PARKDALE MANOR HOUSE COND DECL IN
- PORTOFINO OF OCEAN RIDGE CONDO
- QUEENS COVE HOUSE CONDO
- RIDGE HARBOUR ESTATES
- RIDGE HOMES CONDO
- SHORE VIEW
- Shoreview
- TAMARIND CONDO
- Tropical Park
- TROPICAL SHORES
- TROPICAL SHORES IN
- TURTLE BEACH CONDO
- VILLAS OF OCEAN RIDGE CONDO
- WELLINGTON ARMS CONDOS
Market Summary
Current real estate data for Commercial in Ocean Ridge as of Nov 30, 2025
1
Commercial Listed
10
Avg DOM
$2,795,000
Avg List Price
Property Summary
- Located in the PALM BEACH SHORE ACRES subdivision, 1 Tropical Drive Ocean Ridge FL is a Commercial for sale in Ocean Ridge, FL, 33435. It is listed for $2,795,000 To schedule a showing of MLS#rx-11142310 at 1 Tropical Drive in Ocean Ridge, FL, contact your Acquire Palm Beach LLC agent at 561-279-3333.
Similar Listings Nearby
Listing courtesy of Compass Florida LLC, (561)–285–4794
© 2025 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated Nov-30-2025 2:49:58 am.
© 2025 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated Nov-30-2025 2:49:58 am.
1 Tropical Drive
Ocean Ridge, FL