1 Tropical DR, Ocean Ridge, FL 33435
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Daniel A. Hammer, Sr.

Daniel A. Hammer, Sr.

+1(678) 575-6805
$ 2,795,000
Est. payment /mo
Save Virtual Tour
Hold

1 Tropical DR Ocean Ridge, FL 33435

2 Baths

3,397 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Hold

Purchase Type For Sale

Square Footage 3,397 sqft

Price per Sqft $822

Subdivision Palm Beach Shore Acres

MLS Listing ID R11151426

Construction Status Resale

HOA Y/N No

Year Built 1956

Annual Tax Amount $21,714

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Triplex

Property 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. Close to Downtown Delray beach, shopping, restaurants, and nightlife.

Location

State FL

County Palm Beach

Area 4120

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Terrazzo, Tile

Fireplace No

Exterior

Exterior Feature Outdoor Living Area

Pool In Ground, Association

Utilities Available Cable Available, Sewer Available, Water Available

Amenities Available Pool

Waterfront Description None

Water Access Desc Public

Roof Type Concrete

Porch Patio

Private Pool Yes

Building

Lot Description 1/4 to 1/2 Acre Lot

Dwelling Type Triplex

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Resale

Others

Pets Allowed No

Senior Community No

Tax ID 46434534050010190

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/1-Tropical-Drive-Ocean-Ridge-FL-33435--RX-11151426/unbranded

BeachesMLS, Inc. (FLR) VOW
Listed by Joshua McDonald Compass Florida LLC

NEARBY SCHOOLS & PROPERTIES

Daniel A. Hammer, Sr.

Daniel A. Hammer, Sr.

License Partner/Broker

+1(678) 575-6805

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Daniel A. Hammer, Sr., including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1 Tropical DR