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1 Tropical Drive
Ocean Ridge FL 33435 US

$2,795,000

Active Listing ID R11151426
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2.00 Bath (2 Full)
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Lot: 0.30 Acres
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Other

$2,795,000

Active Listing ID R11151426
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1 Tropical Drive 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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Property Features

  • Facts
  • Lot Size: 0.30 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Cooling System: Wall/Window Unit(s), Window Unit(s), Ceiling Fan(s)
  • Floor Covering: Terrazzo, Tile
  • Roof Type: Concrete
  • Additional Features
  • Patio
  • Pool

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2795000
  • unparsedaddress: 1 Tropical Drive
  • postalcity: Ocean Ridge
  • stateorprovince: FL
  • country: US
  • postalcode: 33435
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.3
  • lotsizeunits: Acres
  • lotsizearea: 0.3
  • livingarea: 3397
  • livingareaunits: Square Feet
  • latitude: 26.510355
  • longitude: -80.053192
  • listagentfullname: Joshua McDonald
  • listagentemail: myrealtorjoshua@gmail.com
  • listagentkey: 3yd-RMLSFL-279618312
  • listagentmlsid: 279618312
  • listagentpreferredphone: 5616336345
  • listagentofficephone: 5612854794
  • listofficekey: 3yd-RMLSFL-276719540
  • listagentstatelicense: 3402661
  • listofficemlsid: 276719540
  • disclaimer: Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSFL
  • yearbuilt: 1956
  • listingcontractdate: 2026-01-04
  • listagenturl: www.myrealtorjoshua.com
  • countyorparish: Palm Beach
  • parcelnumber: 46434534050010190
  • cooling: Wall/Window Unit(s), Window Unit(s), Ceiling Fan(s)
  • constructionmaterials: CBS
  • flooring: Terrazzo, Tile
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Concrete
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 1, Bathroom 2
  • utilities: Cable Available
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: True
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -80.05319, 26.510355
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Florida LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"myrealtorjoshua@gmail.com", "ListBrokerageCity":"Miami Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"brokerfl@compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Florida LLC", "ListBrokeragePhone":"(305) 851-2820", "ListBrokeragePostalCode":"33139", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"7TH Floor", "ListBrokerageUnparsedAddress":"605 Lincoln Road", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"5370 Donald Ross Road ", "ListOfficeAddress2":"7TH Floor", "ListOfficeBrokerMlsId":"276719540", "ListOfficeCity":"Palm Beach Gardens", "ListOfficeCountry":"USA", "ListOfficeEmail":"brokerfl@compass.com", "ListOfficePostalCode":"33418", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Ocean Ridge, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-02-19 04:25:15", "Neighborhoods":[{"Description":null, "Name":"PALM BEACH SHORE ACRES"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":21714, "TaxDescription":"PALM BEACH SHORE ACRES BLKS A~ B & Z E 126.05 FT OF W 144.05 FT OF LT 16 BLK A", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/27/2026 6:12:15 AM GMT
Source Updated Date: 3/31/2026 7:48:53 AM GMT

Courtesy of: Joshua McDonald, Compass Florida LLC, myrealtorjoshua@gmail.com

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.