- MLS® #: R11142310
- 1 Tropical Drive
- Ocean Ridge, FL 33435
- $2,795,000
- 8 Bath, 0.30 Acres
- Commercial Sale
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.
Essential Information
- MLS® #R11142310
- Price$2,795,000
- Bathrooms8.00
- Acres0.30
- Year Built1956
- TypeCommercial Sale
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address1 Tropical Drive
- Area4120
- CityOcean Ridge
- CountyPalm Beach
- StateFL
- Zip Code33435
Amenities
- UtilitiesCable Available
Interior
- HeatingWindow/Wall
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Exterior
- RoofConcrete, Tar/Gravel
- ConstructionCBS
Additional Information
- Date ListedNovember 20th, 2025
- Days on Website139
- ZoningRMM(ci
- Office: Compass Florida Llc
Property Location
1 Tropical Drive on www.webmail.jupiterabacoahomes.us
Offered at the current list price of $2,795,000, this home for sale at 1 Tropical Drive features bedrooms and 8 bathrooms. This real estate listing is located in of Ocean Ridge, FL 33435 . 1 Tropical Drive is listed under the MLS ID of R11142310 and has been available through www.webmail.jupiterabacoahomes.us for the Ocean Ridge real estate market for 139 days.
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Listing information last updated on April 8th, 2026 at 2:54pm CDT.