Love Life
1 Tropical Drive, Ocean Ridge, FL 33435
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  • MLS#: R11151426 ( Residential Income )
  • Street Address: 1 Tropical Drive
  • Viewed: 26
  • Price: $2,795,000
  • Price sqft: $648
  • Waterfront: No
  • Year Built: 1956
  • Bldg sqft: 4310
  • Total Baths: 2
  • Days On Market: 27
  • Additional Information
  • Geolocation: 27 / -80
  • County: Palm Beach
  • City: Ocean Ridge
  • Zipcode: 33435
  • Subdivision: Palm Beach Shore Acres
  • Provided by: Compass Florida LLC
  • DMCA Notice
  • 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.
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Features
Building and Construction
  • Flooring: Terrazzo, Tile
  • Roof: Concrete
Eco-Communities
  • Pool Features: In Ground
  • Water Source: Public
Utilities
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Electric: Three Phase
  • Heating: Window/Wall
  • Road Frontage Type: East of US-1
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
Amenities
  • Association Amenities: Pool
Finance and Tax Information
  • Tax Year: 2025
Rental Information
  • Tenant Pays: Cable TV, Electricity
Other Features
  • Legal Description: PALM BEACH SHORE ACRES BLKS A~ B & Z E 126.05 FT OF W 144.05 FT OF LT 16 BLK A
  • Parcel Number: 46434534050010190
  • Views: 26
  • Zoning Code: RMM(ci
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$2,999,000.00 ($633.24 / sqft )

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Coastal Modern Luxury in Lake Eden 5 Bedrooms | 5 Bathrooms Welcome to your private coastal retreat in the coveted Lake Eden neighborhood of Boynton Beach, ideally located adjacent to Lake Ida and

  1. Bedrooms: 5
  2. Baths: 5
  3. Approx. 4736 sqft
  1. MLSID: R11150370
  2. Provided by The Corcoran Group
  3. Provided through
  4. DMCA Notice
Headshot for Associate Dennis Dial
  1. The Dial Team
  2. Tropic Shores Realty
  3. Love Life
  4. Mobile: 561.201.4476
  5. dennisdialsells@gmail.com