1 Tropical Drive Ocean Ridge FL 33435 MLS #RX-11142310

There are multiple listings for this address:
1 Tropical Drive
Ocean Ridge, FL, 33435
$2,795,000
Beds
0 Baths
SqFt
0.3 Acres
Add
MLS #RX-11142310 image #0
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 Details

Price:
$2,795,000
MLS #:
RX-11142310
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Triplex
Subdivision:
PALM BEACH SHORE ACRES
Listed Date:
Nov 20, 2025
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1956
Palm Beach Shore Acres

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Schools

Interior

Exterior

Financial

Gross Operating Income
$184,200
Net Operating Income
$58,443

Map

Community

Market Summary

Current real estate data for Commercial in Ocean Ridge as of Jan 11, 2026
1
Commercial Listed
52
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

1 Tropical Drive
Ocean Ridge, FL
1 Tropical Drive
Ocean Ridge, FL, 33435
$2,795,000
Beds
0 Baths
4,310 SqFt
0 Acres
Add
MLS #RX-11151426 image #0
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 Details

Price:
$2,795,000
MLS #:
RX-11151426
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Triplex
Subdivision:
PALM BEACH SHORE ACRES
Listed Date:
Jan 5, 2026
Finished Sq Ft:
4,310
Year Built:
1956
Palm Beach Shore Acres

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Ceiling Fan, Wall- Win A/C
Flooring
Terrazzo Floor, Tile
Heating
Window/Wall

Exterior

Construction
CBS
Exterior Features
Open Patio
Homeowners Assoc
None
Lot Description
1/4 to 1/2 Acre, East of US-1
Private Pool
Inground
Roof
Concrete Tile
Waterfront Details
None

Financial

Gross Operating Income
$184,200
Net Operating Income
$58,443
Taxes
$0
Utilities
Cable, Electric, Public Sewer, Public Water

Map

Community

Market Summary

Current real estate data for Residential Income in Ocean Ridge as of Jan 11, 2026
1
Residential Income Listed
52
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 Residential Income for sale in Ocean Ridge, FL, 33435. It is listed for $2,795,000 To schedule a showing of MLS#rx-11151426 at 1 Tropical Drive in Ocean Ridge, FL, contact your Acquire Palm Beach LLC agent at 561-279-3333.

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$2,200,000

0.4 miles away