Do Real Estate on the Go!
- Overview
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- Property Details
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Do Real Estate on the Go!
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$2,795,000
-- Bed
2 Baths
3,397sqft
1 Tropical Dr, Ocean Ridge, FL 33435
$2,795,000
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Triplex
Built in 1956
$-- HOA
13,068 sqft lot
$823/sq.ft
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. Cl...
Continue Reading- Houzeo last checked: 1 Hour ago
- Listing updated: February 1, 2026 at 12:08 am
- Listing Provided by: Joshua McDonald (561) 633-6345 DRE #3402661 | Compass Florida LLC (561) 285-4794
- Source: Beaches MLS-FL | MLS#: R11151426
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1956
HOA Fees
-
Finished Area
3,397 sqft
Lot Size
13,068 sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
R11151426
MLS Status
Active
Days on Market
30
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